MINING.

Press, Volume LXVI, Issue 20024, 4 September 1930, Page 12

MINING.

WINDING-UP PROPOSAL. The director* of the Kuranu! Gold Hining Company, No Liability (Auckland), in their half-yearly report, state: — In reference to the call of one halfpenny per share mentioned in the circular dated June 6th, 1930, which was forwarded to the shareholders, 30,864 shares wore forfeited for non-payment of the call and were offered for sale by auction on August 22nd. There being no hide, these shares were registered in the name of the company. In the present dull state of goldmining and with so few shares remaining on which to make calls, the directors are unable to recommend that work at the mine be resumed. " .' . An extraordinary general meeting will ahortly be convened for the purpose of considering a resolution to wind-up the company voluntarily. HOWARD SMITH DIVIDENDS. Owing to stoppage of collieries in the northern fields of New South Wales having extended over flTe months' of the half-year onded June 30th, and to general depression, directors of Howard Smith, Ltd., state that no dividend can be paid for the period on the ordinary shares. Last year interim dividend was 24 per cent., but no final dividend was paid. CALEDONIAN COLLIERIES' LOSS. Operations of Caledonian Collieries, Ltd., New South Wales, for the half-year ended June 28tb resulted In a loss, the directors announce, owing to the fact that its collieries were closed down during practically the wholo of the period. No dividend will be paid on either preference or ordinary shares for that term. TIN SUPPLIES. LONDON, September 2. Tin supplies are as under:— Tons. Visible -. .« 43,625 Spot .. - - 1,926 Afloat . . .- 1,085 Deliveries . ■ u.i 2,154 GOLD. LONDON, September 8. Gold is quoted at 65s OJd per.oi. SILVER. KUGBT, September 2. Silrer— Spot, IGJd per ounce. Forward, 16£ d per ounce. TALLOW. Dalgely and Company, Ltd., have received the following cablegram from their London office, dated September 2nd: — Tallow—Market steady and unchanged. The next sale will take place on the 10th inst., i provided sufficient etocks.