MINING INTELLIGENCE.

Thames Advertiser, Volume XXV, Issue 7169, 9 March 1892, Page 2

MINING INTELLIGENCE.

May Qukkm GX Co.—Tfio annial moot* jug of tlio sharelploVs o£ the May Queen fi'M. Co. was held in Auckland «i> Mon* day. The Legal manager (Mr R, MoDonald Scott) read the dirsctors' report, which gave the following"'sumiuary of the balance sheo'v} JC H, 11, CreditlialttUcofromlasl -year .. .. :&! 11 o Gold won (mm IMS loads quartz iOBSo/, •Mwts, sold for .. .. ':• •• r»7»a j:j ft. Tnilincd ' x > JS V JVnnsilsfromconlrauLura ll 0.6 'tohl., ~ ■■ „ •■ ■KO'S'W :) JHSBUBub-VKSK. .!■ s, (I. Wajfrs ~ : ™ « - (fiiiioriil Cliai'gßs, iududiiis mining requisites and property tax (£SO) .. J Dili 511 Deposits refunded , WOO (tali nalanco In Bank J. 55 5J Total JCOISUI7 if Tho mining report showed that tho open* jng up of No. 2 level proved an unavoidable and expensive uuilortakiim. The old section block of the reef between No. 2 and I Icvolb did fairly well, although not as a whole up to expectation, The report Mated that on imcoutt of a previous knowledge of the ground with iilidcs and other peculiarities, the directors; had appointed Mr Thomas B. nicks to the management of the mine in tho ioturcsts of tho company. Mr Scott read an extract from a letter wceivßd from Mr Hicks, stating that his health was good; Ihe reports and balance sheet were adopted, In reply to Mr Porter, the Chaiiuian said Mr Hioks was appointed manager of tho ,mino bcoanso of his -knowledge of the coun.try, ojjcl of" the 'nature of t|w reef-,