THE GOLDFIELDS.

New Zealand Herald, Volume XXXII, Issue 10012, 25 December 1895, Page 6

THE GOLDFIELDS.

(BrTELBQHAPH.— CORRESPONDENT.] Thames, Tuesday. Sharemarkbt.—No list was issued to-day. Tho local Brokers' Association will be closed from to-day to the Gtb proximo In conscqaence of (the holidays. Cambria.—A crashing of 23 loads of quartz was oorapleted for this company today fur 11 yield of 220» Sdwb of melt gold. Sdsif.nsios of Operations.— to the arrival of the Christmas holidays operations in all tho local mines were suspended this afternoon, and with but few exceptions in the shape of carrying out certain repairs very little work will be dona in any of them again until th» 6th prox. Victoria.—The erection of the winding plant is now completed on the Prince Imperial shaft pile, and to-day steam was got up, and the cages lowered down the shaft as far as No. 1 level A crushing of 37 loads of quartz from tho now reef in the Prince Imperial section was completed today for a roturn of 370z« 7dwts of molted gold. Moanataiari. — Tho manager of this company to-day banked 119ozs lOdwts of melted gold valued at £325 2s 9d. The result ot 410 tons of quartz and sQibs of picked stone crushed during the last throe weeks. The total yield of gold won by this company during the last twelve months amounts to 192Sozs 6dwts, of the valuo of £5236 2 3d, whilst tho total tonnage crushed was 6085 tons. May Qpef.n.— A cleaning-up and retorting for this company toos place to-day after a tlireo weeks' run at the battery, durinp which time 570 loads of general dirt and 801b ol picked stone wero treated, with the result that 4670z lOdwts of melted gold were obtained, valued at about £1309. As this return completes the operations of tho company for the year, it may bo stated that during the period mentioned 6048 loads of quartz were won and crushed for a total yield of 69250z ldwt of melted gold, value 1 at no less a sura than £19,182 9s 9d. This is a very handsome result, and may be taken as an indication that there is still a lot of gold to be won from the Thames deep levels, inasmuch as the above return was obtained principally from the lowest level at preienb being worked on tho Thames Goldfield. THE MATAWAI O.M. CO. Tho half-yearly general meeting of tho Mfttawai Gold Mining Company (Tiki), Coromandel, was to have been held yesterday at the office of Mr. J. H. Harrison, legal manager, but owing toavery peculiar set of circumstances the business for which the meeting was called could nod be transacted. In the first place none of tho directors pat in an appearance, but that of course proved no obstacle, for there was a quorum without them. Mr. Fred Earl was called to the chair, and explained that the auditor, Mr. \Ym. Gray, having declined to certify the balance-sheet there was nothing to place before the meeting. Mr. Gray had written stating that at a meeting of shareholders held in Juno five directors were appointed, and after attending several meetings one of the directors asked to have his purchase money rofnndod, and that he should be allowed to retire from the directorate, and both requests were granted. This was prior to the registration of the company, and there were only four directors left, but of those, two, it appeared from the record;, had not paid for their shares, and were nob therefore shareholders, or qualified to sit as directors. He claimed, therefore, that there had been no meetings of directors, no passing of accounts, and that no money had been properly expended. He would, therefore, have to consider whether he should not, in the exercise of his duty, feel called upon to proceed against the legal manager and directors for a refund of the money expended. The situation was discussed at some length, and it was finally decided to adjourn the meeting until two I p.m. on January 10, the directors to be I asked to attend tho meeting.