THE GOLDFIELDS.

New Zealand Herald, Volume XXXVIII, Issue 11843, 21 December 1901, Page 5

THE GOLDFIELDS.

AUCKLAND SHAEEMAP.KET. This market' was quiet yesterday. In investment lines there were sales in Taupiri ; Coals at 17s 6d, Ley land-O'Briens :at 325, :Avondale Brick and Pottery at 235, and' • Milne and iChoyce: (preferential) at 22s 6d." National Banks were looked for at . 765. In ruining lines Pride of Waihis sold at Sid and 3d. Talismans declined, , buyers offering 17s 6d, and closing at 18s 6d, no sellers quoting. Waihi Extcndeds were held at 2s 9d, buyers 2s 7d." There were sellers, of Waib; Grand Junctions at 40s, buyers o'fs ■6d. In other lines late prices ruled. ' IMPERIAL G.M. CO. 1 ■ , , ■' - , ■ - i ' ; ■ * ■> THE PROPERTY SOLD FOR £1900. Shareholders in the Imperial Gold Mining Company held a special meeting yesterday, in the office of the legal manager (Mr. H. Gilfillan, ju;i.), for the consideration of an offer for the sale of their property at Karangahake. Mr. Wm. Gome, chairman of directors, who presided, stated that tho offer emanated • from ' Mr. J. Thornes, and was as follows: £1900 cash to be! paid for the company's entire rights in the Imperial property; -.£IOO to be paid •oil the acceptance of the offer' as deposit, and in part payment; the balance •of £1800 to be paid on the "completion of the transfer of the property. The Chairman said the offer was final, and. would not be increased, As it was less than the sum of £3000 demanded by shareholders on a previous occasion, the directors had felt that they could do no more than submit it to that meeting. On the motion of Mr. J. Reid, seconded by Air. G. F. Brimblecombe, the offer, was accepted. It was resolved on the motion of Mr. T. Peacock, seconded by Mr. W. H. O. Johnston, " That tho directors be authorised to take ! the necessary steps for the prompt liquida- ! tion of the company. In reply to a share- i holder, the chairman stated that the pur- I chase money would be equal to about s£d per • share. . ECLIPSE, 'LIMITED * The half-yearly meeting of shareholders in the Eclipse, Limited, was called for yes- I terday, in the office l of Mr. J. 11. Mac- j Lellan, secretary, but lapsed for want of i a quorum. The financial statement prepared showed that-bullion valued at £3709 0s 2d was won during the six months. A credit balance of £702 Ms lOd was also shown, as against a debit balance of £345 19s 2d at the beginning of the period. Expenditure totalled £2660 6s 2d, of which £2216 lis 3d was disbursed in wages. It is anticipated that this company will be« entering the list of dividend-payers early in the New Year. KAPOWAI G.M. CO. The manager of the Kapowai Gold Mining Company's mine telegraphed yesterday to the effect that a leader averaging from Ifb to Ift 6in has baen cut, which prospects very well. TAIPvUA BROKEN HILLS G.M. CO. At a meeting of shareholders in the Tairua Broken Hills Gold Mining Company, held yesterday in the office of Mr. J. B. Sheath, secretary, the Hon. E. Mitchelson presiding, the resolutions passed at a previous meeting, authorising the directors to issue 50,000 new shares at 2s, and to dispose of same at not less than that price, if considered advantageous to the company, were carried. HIKUTAIA GOLD SYNDICATE. [BY TELEGRAPH.—OWN CORRESPONDENT.] Paero a, Friday. The Hikutaia Gold Syndicate recently erected a five-head stamper, battery, and a couple of weeks ago crushing was commenced. To-day the manager, Mr. Roche, banked 30oz of bullion, valued at £70, which was procured from the amalgamating tables. This is . exceedingly satisfactory, especially when it is considered that the main yield from the cyaniding is yet to come.