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T HE GOLDFLELDS.

OCR 0«S COHKESrOKDENTS.I [rvo-tf ■■ thases , . Wednesday. j. ifyearly meeting of the \ A -:■," C c :X t, v""y shareholder was held at Qy*j- -'i ""•- - 'Yijtitute, at S o'clock on . th,.'-V^- ,^.,',— Mr. Mclatyre in the •-."■.- ■ ; o c^j ng reports were read and • nair "J..i ie director, in submitting ! ' 0 P ■ : report, ha'e to congratulate I . ' lS Q U the inpnived prospects as, sin>tJ the commencoOf *♦«; ruihTnginMarcUast, the returns ment -w™ considerably nore than payable, i I,a T'r-"tcv"v. yieldingfronil6sl loads of M,I C-1010 oA 7 dwt- 18 K». of gold, qU \aVvalue * is 3d ' £2540 19? Sd. n ftul expenses of tie niinc ( inc - adin g • bout £!.-.O of ontstandinr debts due at last • vW) have been £Tl7 Is Id ; tho first fvrco nionth« of tho half-ear (including cost £ homr. d>7 10s) al-rlKd £ ™- The V, tor< rO ,Vr to the nine manager s report f,r full particulars TC -f-"f> themi " o end .. future vron-oets. ail it the quartz con-ti-iu-s to viel.l gold .is veil '.is it is doing at Ti-"<oiit thi- directors arJ shareholders will I'we'll satisfied with the value of t.lieir r'roi'ortv.'and tho direcors liope that they will «oou l<o in a pontic to pay dividends." The report of the mine oanager was lengthy M J exhaustive, giving ietails of the operar oiii carried on half-year and the results. It spoke huefully of the future wpects of the mine, nd concluded as follows • " I mav say th:- the future prospects of vour mine are vuy-nconraging as, lam of opinion that at jviunext level there will !1,0 a wonderful iuiprcement in the susc of il ia lode and the vielJwf gold ; And at depth, I Relieve the i the May will be one of tho best mines on fce line of reef. _ ,!„.;.,!Sμ ilk.— To new battery is shewin". *»•!.•> of usv'tmiess. Yesterday the loilcis"wf! .;:«;l"*:i water, and tire 3i.pli-.vl to li.e furores, the smokestacl a:"-d draught «"ero found to er.swer admirably, steam ling generated i-« •_>> th '■•■viler- i'a two hons and a half. This is a excellent ivork, everything being wet ar..l absorbing feat portion of the lieatimjpiwiT. A few mall connections are tc I be piactil. when th engine will be put in I motion. A short tine will only intervene I when the spirited undertakings of the Bright m Smile Company wil waken up the vicinity, a an( j bring the weal h stored in the miue to m the lxreiit of the tiaxeholders.

B .A liititiiig of the El Dorailo shareholders 1 9 was kcV: last night,at the Paeilic Hotel, when j 5 i: was resolved, to orm the same into a comjl panv o: lO.OvO sliaes of £1 eaeh, to be named i a the Trey Gold Mixing Company. Mr. F. .T. I H Wr^rdi!i was appointed legal manager, and i h the fo:!--'»'iii<; genlemen named provisional i § directors : Mess*. W. Goldsworthy, W. 1 | Sullv, Hewitt,W. McCullocli, and WH. i 8 Grace. A call vas made of i-'3 per full < I share, defray jreliminary expenses. This i | pru}".r;v consists f thirteen men's ground. | Mr. Macky anl Major Keddell arrived n last The Zajor has been away in the I Norih~to obtain •videuce from Mr. Brissen--9 deu. in relation to the Ohiuemuri Rights 9 Inquiry. It is grange that the officer con- ?! duetin; an important investigation should jj have to tramp ovr the country to collect his ■ evi lence. a Tairua, Wednesday. 8 As th i.. ■ -'<» several applications for the §in i - >rt ">nt jr. 4-. ! ege of wate*-rwht, and the ■ pi. j v. . :h M-<;uld iin irreat rer> tie Warden, Cftpt* u Frav r, & • - tu! t'ie present, till pome deeda «/. ; JR ■ ■ J; tr - • K ;- een the Orvernment*n<l tl«c [ : '.and, en.iHiitg aim to dual : ■•j&a ,::i fho n.sner. J

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18750701.2.12

Bibliographic details

New Zealand Herald, Volume XII, Issue 4253, 1 July 1875, Page 3

Word Count
622

THE GOLDFLELDS. New Zealand Herald, Volume XII, Issue 4253, 1 July 1875, Page 3

THE GOLDFLELDS. New Zealand Herald, Volume XII, Issue 4253, 1 July 1875, Page 3

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