CURE GOLDMINING COMPANY.

Thames Star, Volume VII, Issue 2021, 26 June 1875, Page 2

CURE GOLDMINING COMPANY.

The ordinary Half-yearly of shareholders-vra Hhe- Ghro: Goldmining Company was,held at noon on Thuriday, in the .large. rcom of thelnsuranc&Build. ings-^Mr' George- WiiiiamiotfMn the cjlair. 'The minutes'having^been read and confirmed, &he following directors' report and balance-sheet were submitted; toHfio meeting:—: " 7 >'.- .r ,'•' .;"; The, directors hare i great satisfaction in - presenting to "you"on 'this occasion a far more'favourablo balance-sheet than they haye.been.enablcd to .do at any time, during the past two years. Although a small deficiency of a little over £60 is shewn, - the company had on hand two or three ". days after, broken down and ready for crushing, nearly 2001bs. of specimens »nd picked stone, besides about 100 tons of general stuff, tho-whole of;,which may safely bo valued as worthy £550, leaving the company, after, paying the deficiency, crushing, and all ..other expenses, with about £400 to the good. For full particulars concerning the mine the directors refer you to the accompanying report from the mine manager,- Mr T. H. Craw- - ' ford. Directors recommend the usual honorarium] of. £30 for .ensuing halfyear. One director, Mr JTA. Fryer, whose term of office expires by rotation, offers himself for re-election. An auditor has also to be appointed. For' the Board of Directors. — GJeobge WiiMAMfloiTi Chairman; ■■■•• -• ■ / ;.- ■' >■ '••■".

Balance-sheet for the half-year ending June ft, 1875.—Dr.—Capital arid liabilities: Capital, 8000 shares at £1 each, £8000; unpaid accounts, £761 10s '4d:: total, £876110s 4d. Cr.—Property and assets: Mine and plant, £3600; uncalled capital, JLls. per share,, 4400; 125 company's shares; amount due for tailings, £51 2s J6d; profit and loss, £63 4isd; cash in bank, . £647 3s sd:' total, £876110s 4d., ' . . . .'. ,r r „ Profit and loss.—Dr.—To ; balance^ £1,390 145..5 d;,. wages . and. contract ! labour, £1,258 19s 2d; timber£2o 9s 6d; license renti £12; "surreys, &c, £i 2l' 2« 8d; miscellaneous, £28, 2s;: winding, carting,. and cruahing, £455 5a lidpumping, .'£6B ;* books, stationkry, stamps, advertising, printing,' and telegrams, £16 15s 9d; materials, tools, caiidlejr, powder fuse, ironmongery; and blacksmith^ £157 5s sd; honorarium, £30; calls on unalloted shares, £9 4s; total, £3,459 8s lOd. Cr.-r-By proceeds tailings, £65 1* 2d; proceeds 880 ozs. 9 ;dwfct.-!gbld^g^ £2,345 10s 3d; amount added to value' OT^^| mine, £985 13s; balance, £63 4s 6d ':/^M tqtal, £3,459 8a lOd.—Herald;