THE GOLDFIELDS.

Auckland Star, Volume XLII, Issue 23, 27 January 1911, Page 2

THE GOLDFIELDS.

' t'■ ' ' '•« »■■— — ■ fo' ' ' ~■',••• • KAFANGA. Thenjojanager .telegraphed yesteraaj jd afternoon;—" Water lowered to_'• three & feet below the top of the chamber at the 600 feet leveL" ..;.',. MAY QTJEEN GiM. CX>. Mr. J. Thornes sold by auction, this morning, 1136 forfeited shares in the E above ooorpajiy. 6rna.ll porosis erf irregu- g lar numbers were sold at 2/9 and 2/10; n for a .parcel of 100 Shares 2/11 was paid; and for 900 shares 3/ per-share. — 1 UNION HAURAKI. °. At a meeting of shareholders in the \ . Union Hauraki Company) held to-day in s Mr. H. J. Ijee's office, at -which Mr. E. T W. Alison presided, a resolution was t passed eliminating from the articles of a& r sociation the words: "But shall not be t made at intervals of less than three t calendar months." This -refers t power of making calls. - > HARDY'S MINES, ' S - ■ r By instructions of .the liquidator, I Hardy's Mines, Ltd., was sold -this after- ? noon at T. MandenP Jafcksdn's' mart, j There was a large attendance. The area c of the claims offered totalled 374 acres, - and 'in addition were -machine sites, water races, battery buildings, machinery, tools, and stock. The battery, machinery, and j stock were insured.for ,£I2OQ. Bidding > was spirited and ultimately the whole lot c was knocked down to Mr. Gordon ior J £1200. i • 1 PKTDE OF TOKATEA. ] The following telegram was posted on c the Exchange to-day from the manager ' of the Pride of Tokatea mine: "Crushed « 2 tons of ore and 160 lbs. of picked v stone for 68 ounces retorted gold." jjj This is estimated to be worth about c £200. i : - i NEW SYLVIA. • * ; 6 The annual meeting of the New Sylvia ,t rG.H. Company was concluded after we ~ Tvent to press yesterday. The report", and ibalance-sheet were adopted. The Hon. Seymour Thorne George and Mr P. N. Klngs■well were elected directors, Messrs A. Wright and C. Manuel withdrawing. The latter said he had worked hard for the company, and now that the mine was well opened up, and the plant nearly ready, he did feel he would have liked to be a director when the battery started. It was useless, however, fighting, as he knew enough proxies had been gathered to put the. other gentlemen in; . ' . ' Mr George explained ha was asked by cable to stand, and had no idea then that it meant putting other directors out. Mr Denniston was reappointed auditor. • On the motion of Mr hearty J vote of thanks-was accorded the Board and , the retiring directors. VICTORIA. • 1 _: 1 The ordinary general -meeting of shareholders in the Victoria G.M. Company was . held at 3 o'clock this afternoon, to the office of Mr J. J. Mucky, Swanson-Btreet,'at •which Mr Graves Alckin presided. The directors' half-yearly report showed that al- - though work in the mine had been continuously- carried- on during the. past six months, nothing of a payable character was discovered; but they trust, however, that t ■the operations now being-carried on. at .the various levels, .including the No.. 4 level, would discover payable ore. The retiring directors, Messrs J. J. Craig and D. U Nathan, offered .themselves for re-election. .; The statement of accounts- for -the half-year ended December 31st, 1910, showed receipts: ffo balance, Jane 30th, 1910,, :£l6l 3/7; eighth .call .(balance), £604 11/7;,.' ninth call, £278 15/9; bullion, £139 8/4. Total, £1183 13/3. The payments weres :By mine wages, £449 4/ip; mine supplies, £77 15/10; drainage, £162 19/; legal •expenses, £13 0/6; directors', fees, £9; general expenses (including mine rent, salary, printing and advertising), £57 10/10; May Queen Gold Mining Company, Ltd., £278 11/5.. the balance, at bank and. In hand bemg £135 i6/m Total, £1183 19/3.