THE GOLDFIELDS.

New Zealand Herald, Volume XXXIV, Issue 10508, 30 July 1897, Page 6

THE GOLDFIELDS.

AUCKLAND BHAREMARKET. The market yesterday maintained the slightly-improved tone of previous day. There were again good buyers of investment stocks. New Zealand Insurances saw sales at 71s fid. In Kaiser (contributing) there were exchanges at 3d. Kuranui-Caledonians changed hands at 4s 7dj New Alburnias were done at 5s 4d and 5s fid; New Whaus at 6Jd and 7d with steady buyers in each case. Talisman Extendeda had recorded business at Is sd.

ASSOCIATED STOCK AND MINING BROKERS. The following sales were recorded yesterday by the above :-Monowai, 2s 9dj New Whau, 6Jd; Ohinemuri, 3Jd. 4d; Waihi Extended, la, 2d, Is 3d, la 3id; Welcome Find, Is 9d; li 9Jd; Great Barrier Gold and Silver, 12s. NEW ZEALAND GOLD RETURNS. [IV HLIfIUrH.—PRESS association.] Wellington, Thursday. The following is the return of gold entered for export for the respective half-years ending June, 1697 and 1696 :— 1897. 1896. Oz«. £ Oh. £ Auckland 49,963 188,422 41,723 157,072 Marlboro' 787 ' 3,117 478 1,910 Nelson... 1,134 4,202 1,385 5.123 W. Coast 30,649 122,758 41,032 164,115 Otago ... 47,134 191,245 35,992 146,782 Totals 129,667 £509,744 120,610 £475,004

TOKATEA CONSOLS. AN ENCOURAGING CRUSHING. [BY telegraph—own cobrespondbnt.J Coromandel, Thursday. The Tokatea Consols Gold Mines, Limited, crushed 13 tons of quartz in the Kapanw battery, with a result of 48oz retorted gold. This is considered to be a very encouraging result. GOLDEN LEAD G.M. CO. The general meeting of shareholders in the above company was held yesterday at Mr. D. G. MacDonnell's office, when Colonel Burton presided. The balance-sheet showed a-cash balance of £82 10s Bd. The reports stated that gold bearing reefs had been proved, some of the assays going as high as £28 per ton. Arrangements had been made with Scotty's Uauraki to put through a trial crushing, taken from the reef discovered lately on the southern boundary of the property. The reports, etc.. having been adopted, Mr. Heron and Dr. Moir were elected directors, and Mr. J. C. Davis, auditor. t CARDIGAN. OFFER TO PURCHASE RECEIVED. An important meeting of directors of the Cardigan Goll Mining Company will be held to-day, for the purpose of receiving a positive offer for the company's property, such offer

coming from one of the most influential syndicatesdoiug business in New Zealand. We bare every reason to believe the result will be the sale of the Cardigan property. The terms have not yet been divulged, but it ii understood they are very satisfactory. EXCELSIOR G.M. CO. The meeting of the Excelsior Uold Mining Company, to have been held yesterday, lapsed. The balance-sheet showed a cash balance of £98 7a 3d. The directors' report stated that six months' protection had been f;ot. When mining operations ceased the evel on the reef had been driven 235 feet, and at this point the lode was showing right across the face. The retiring directors, Messrs. W. Oorrie and J. Owen, continue in office, and Mr. Mefvinney auditor.

GOLDEN HORN G.M. CO. Mr. Brown presided at a meeting of the Above company held yesterday at Mr. D. G. McDonnell's office. The balance-sheet showed cash in hand to be £4 5s 4d, the amount due to sundry creditors being £35 6s 2d, The directors' report stated that negotiations were going on for the sale of the property on terms that would be satisfactory. The ground was protected. Messrs. Brophy and Menniewere re-elected directors an'd Mr. Burt auditor. STANLEY G.M. CO. The annual meeting of the Stanley Gold Mining .Company was held yesterday at the office of Mr. D.G. MacDonnell, Mr. Ledingham presiding. The oath balance in hand was shown to be £7712s 7d, the amount due to sundry creditors being £28 8s lOd. The directors reported that they had been approached to grant an option, but so far the offers' made had not come up to values. Messrs; Steele and Tanton were elected to the Board, and Mr. 0. I. Eller was re-ap-pointed auditor. PLUNGER G.M. CO. Yesterday the annual meeting of the above was held at Mr. D. G. MacUonnell's office. Mr. E. W. Alisou presided. The directors reported that the reef was now one toot thick, and they thought it should be fully roved. The balance-sheet showed cash in hand of £3115s 2d, but deducting for sundry creditors it was £110s 9d. Messrs. Tanton and Menuie were re-elected directors and Mr. Bridgewater auditor. EMPRESS. Some 101b of stone from the Empress mine were recently sent to the Bank of New Zealand for treatment. The result came to hand yesterday, the yield being equal to 20oz to the ton, WHEAL BASSETT G.M. CO. The annual meeting of the above lapsed. The balance-sheet showed £4 la BJd to credit. CRITERION G.M. CO. Yesterday the annual meeting of the Criterion Gold Miuiug Company was held at the office of Mr. S. H. Matthews. The directors reported that six months'protection had been secured, and this would not expire till January next. The cash balance in hand was £104 12s. The reports, etc., were adopted, and the retiring directors and auditor were re-elected. HINEMOA HAURAKI G.M. CO. At the half-yearly meeting of the above, held yesterday at Mr. J. H. Harrison's, Mr, G. S. Graham presided. The directors' report stated' that negotiations had been entered into for the purchase of the property, but owing to the depression' they had been dropped. Protection expired on August 22nd, and the directors had taken steps to have the property further prospected. The balance-sheet, which, with the report, was adopted, showed a cash balance of £379 2s 4d.

PTOLEMY G.M. CO. The annual general meeting of shareholders in the Ptolemy Gold Mthing Company (No Liability) was held yesterday forenoon at the office of Mr. Charles Waters, legal manager, Queen-street, Mr. John Abbott, chairman of directors, in the chair. The directors' report showed that the property was under option of purchase, and that the funds in hand were sufficient to carry on the business of the company for a considerable time. The statement ot accounts showed a credit balance in bank of £120 Is. The retiring directors were Messrs. J. Abbott and J. W. Abbott (Wellington), but the latter not being eligible, Mr. Graves Aickin was appointed to the vacancy, while Mr. John Abbott, who again offered himself was re-elected. Mr. G. O'Hulloran was re-appointed auditor. At a subsequent special meeting, Mr. Graves Aickin presiding, the action of the directors in granting an option over the property was confirmed, and power was also given them to carry out the option under the present or amended form as they might deem advisable. UNION JACK G.M. CO. The half-yearly meeting of shareholders in the Union Jack 'Gold Mining Company (No Liability), called for yesterday forenoon at the office of the legal manager, Mr. W.Gray, Mercantile Chambers, lapsed for want of a quorum. The directors' report showed that the offer of sale of the Kaikoura Extended claim for a consideration of 7001) shares in the Union Jack Company had been accepted, and that work was now being pushed forward in the new country with favourable prospects. The statement of accounts showed a credit balance of £149 8s 6d.

' • AKEAKEG.M. CO. .'. The first annul general meeting of'shareholder* in the Ake Ake Gold Mining Company (No Liability) was held at the office of the legal manager, Mr. Charles Waters, Queen-street, yesterday -forenoon, Mr. J. Abbott, chairman of directors, presiding,, The director!' report, as read, showed the prospects'of the property to be of an encouraging nature, and Mr. V. H. Shepherd, representative tor Messrs. Phillips and Co., gave details of the work being carried oat. He said that in another 45 feet of driving, they might expect to get under the point where rich gold bad been-obtained: from the surface, and advised driving ou the 7-inch leader, cut at 38 feet in the drive, which bad tbown gold freely. The statement of : account* showed • a credit of ; £212 • 12s ■ 4d. Messrs. John Abbott and Graves Aickin, the ! retiring directors, were re-elected, and Mr. IG A. Stubbi wain-appointed auditor. ■:■:•'-'■

MONTE CARLO G.M. CO. I ' A- special general meeting of: shareholders, in the Monte Carlo Gold' Mining Company (No Liability) took place yesterday afternoon at the office of the legal manager, Mr. J. P. Gore Martin. Mr, George Ppwley presided, and on hie motion the reflation passed at the half-yearly meeting, on. June 30, to the effect that the claim be abandoned and the affairs of the company be voluntarily wound no. was agreed to. The legal manager vni appointed liquidator, and it was decided that the balance of capital: in hand { (about £40) be distributed pro rata amongst the shareholders. ■■•■ ■\:K':a

WAIHI PINNACLES G.M. CO. kAt a special meeting of shareholders in the above, held yesterday, nt the office;of Mr. H. Gilfillan. Jim., Mr. John Chambers presided. It was agreed that of 120,000 contributing shares now held in trust for the company, 100,000 be offered to the present shareholders, pro rata, at £5 per 1000; failing a sufficient number, in the opinion of the directors, being so disposed of, the remainder of the 100,000 shares to be offered to the public at the same price. The directors were also authorised to sell or otherwise dispose of the property. The Chairman said there was every probability of the property being taken up by a Home syndicate. -

BELMONT.G.M. CO. The annual general meeting of shareholders in the Belmont Gold Mining Company (No Liability), called foryesterday nt Messrs. Cook and Gray's offices, Mercantile Chambers, lapsed for lack of a quorum. 'The directors' report stated that the property had been under protection, and the statement of accounts showed a credit balance of £318s 2d.