THE GOLDFIELDS.

Auckland Star, Volume XXXVIII, Issue 233, 30 September 1907, Page 2

THE GOLDFIELDS.

SHAKEMAKKET. Attention still continues to be mainly, devoted to low priced mining shares on the Exchange, and a fair amount of business was transacted to-day. Free sales were again made of Tairua Triumphs, paid up share 3 being transferred ■ at 1/4, and contributing issue at 1/1 and 1/ —the bulk of the sales being of the latter price. Waitangi snares were a little better, selling at 3/7 and 3/8, but Waiotaliis were oflered at 5/4, with no sales at that figure. Victorias .also eased in price, being sold at 1/6 and 1/5. Temple Bars, Magnets, and Watchman shares were all in demand, and sales took place at. slightly better rates. Ad upward move took place in Champions, 1/2 and 1/1 being paid for contributing shares. Further transactions took place in Old Hanraki Mines shares at 1/7, and Xew Ws.itekauris were steady at 1/10. Transactions -were made in Tairua Broken Hills at 6/, with further buyers at 5/11. WaiM shares moved upwards, sales being made from 173/6 to 174/. Waihi Consolidated shares also sold at 1/9, and Junctions were wanted at 38/. Investment stocks had steady demand at late rates, but the only sales reported were .National Banks at 111/ and Auckland Gas at 285/. KEW WAITEKAURL At the half-yearly meeting of shareholders, in the ew Waitekauri Gold Alining Company, held at the oStce of the legal manager (Mr H. GilfiUan, jun.), the report and balance-sheet (published in Friday's issue) were adopted. The retiring directors, Messrs J. Muir and G. W. Saunders, were re-elected by ballot. Mr TV. K. Holmes was re-ap-pointed auditor. CORONATION. The general meeting of shareholders Lα the Coronation G.M. Co. was convened to meet at three o'clock this afternoon at Mr. H. Gilfillan's office. Tile directors reported thnt wort bafi not yet been resumed at the mine, the surrounding cirenmstances not warranting operations being started at present. The retiring directors are Messrs. E. Mitchelson and James Smith. The statement of accounts for the halfyear ended August 31, 19W. showed receipts: Balance in hand, February 28 1907 £4 16/7; bank overdraft, £68 19/5- totali £<3 16./. The expenditure was: Bank overdraft, February- 2S, 1907, £66 19/11: gen-IT/S-^taf ~ 1SA0; CaSi ° n hand, £3 OLD KAPAXGA GOLD MINING COMPANY. t-t Th A,i LD si ua, me eU°S of shareholders of r ™ Old Kapanga Gold Mining Company, L.t<i.. which was to have been held at noon to-day, lapsed for want of a quorum The report of the directors for the half-year ended August 31st. ISO™, states that as soon as the water in the mine had been sufficiently lowered work was begnn to reach the point at trhicli they were inlormed good gold had been obtained by the previous owners. Unfortunately nothing of any value had been met with as the result of these operations, and pumping a.oave had been again resumed so as to reach the lower levels. In consequence of a phenomenal flood this coarse had had to be abandoned pending the procuring of n_ further su;±ab!e pump. In the meantime tributes had been let, from which a little gold was being won. The retiring directors, Hon. E. Mitchelson and Mr GorriD. being eligible, offered themselves for re-election, and Mr E. B. Isaacs again offered his services as auditor. The statement of accounts showed receipts; Balance in bank and on hand February 25," 1007, £83- 19/; calls, £1507 Misandries, £3 12/10: total, £1595 6/ Expenditure: Mine wages. £930 11/5; mine sunplies, £331 8/3: general charges, including rent, £115 12/9: payments to vendors, £143 16/S: total, £1573 9/1. Leaving a balance in, hand of £21 16/11. f. '