THAMES.

New Zealand Graphic, Volume XV, Issue XVI, 19 October 1895, Page 492

THAMES.

MAY QUEEN. Negotiations for the sale of this property are still proceeding, and it is rumoured are now almost completed. Two cables were received from the probable purchasers during the past week dealing with minor matters connected with the transaction. News regarding the appearance of the mine is very satisfactory, as a new reef was cut, which it is thought will lead to important developments. VICTORIA. The prospects of this mine are decidedly improving, as the reef in the Prince Imperial section of the mine has been picked up on the eastern side of the break, and found to maintain its thickness ot 18 inches and gold has been seen in the quartz broken out. SCANDINAVIA. The shareholders in this licensed holding decided to form a company, to be called the Scandinavia Goldmining Company (No Liability), with a capital of £12,000, made up ot 80,000 shares at 3s each. Messrs J. .1. Craig, F. W. Smith. W. T. Macgregor, J T. Julian, and H. B Dexter were elected director*, and the National Bank bankers. Mr William Elliott wan appointed manager, Mr J. W. Gittos solicitor, and Mr E. Morton auditor. WAIOTAHI. This famous dividend paying mine has

once more come to the front. A dividend of 2s 61 per share was paid on Friday at the office of Messrs White Bros, to the lucky shareholders in this Company. This makes the 43rd dividend paid by the Waiotahi, the total to date being about £32,251). Being one of the Companies formed in the early days there are only 6,000 shares in the Waiotahi. MONOWAI. Several of the directors of the above com pany paid a visit to the mine and battery, and they expressed themselves as well pleased with the skilful manner in which Mr French had adapted the plant to his new process. Everything that could be done to ellect labour saving in the working of the plant seems to have been done. Mr French expects to have the plant going in a fortnight’s time, and is fully confident that his process will satisfactorily treat the ore. CARDIGAN G.M. COMPANY (Ltd). A meeting ot proprietors and shareholders in the Cardigan special claim was held last Tuesday, when Mr J. J. Dixon was voted to the chair. It was agreed to form a Company, to be registered under the Companies Act 1882, to bo called the Cardigan Gold Mining Company, with a capital of £15.G00 in 100,000 shares of 3s each nil paid up, 50,000 of which to be allotted to the promoters, and 50,000 to shareholders on payment al the rate of £5O per 1000 shares. The following gentlemen were elected directors : —Messrs H. Thompson. J J. Dixon, T. ,1. Steele, Jas. Russell, Chas. McLean, Wm. Caron. Mr R. McDonald Scott was appointed manager at a salary of £2 per week and transfer fees, the Bank of New Zealand bank to the Company, Mr Seering H. Matthews, auditor, and Messrs Jackson and Russell, solicitors. NEW WHAU AMALGAMATION. At a joint meeting of directors of the New \\ hau, Middle Star, and Clunes Companies held thia week, when the terms for amalgamation were fully considered, and with some alight alterations, the proposals were accepted subject to confirmation by the shareholders. ARGOSY GOLDMINING COMPANY. A meeting of shareholders in the A'gosy Goldmining Company was held this week, when it was decided to form the Company under the no-liabilitv section of the Act, with a capital of £lO,OOO divided into 80,000 shares of 2s 6d each, nil paid up. The directors appointed were Messrs W. Gorrie, Alfred Nathan, G. W. Binney, Woodward and Millar. Mr Jesse King was appointed legal manager, Mr F. Baume solicitor, the Bank of New South Wales bankers, and Mr Philpot auditor. The property is over 200 acres in area. MOANATAIARI. Our London correspondent under date of September?, writes :—Mr Witheford is one of a syndicate either treating or about to treat with the present owners for the purchase of the Moanataiari mine. The floating of this company was placed in the hands of Mr F. A. White, who is at present in London. RANGATIRA G.M. COMPANY (Puri). Subscribers for shares in the Rangatira licensed holding, Puru, decided to form the holding into a Company with a capital of £10,500 in 3s shares. Messrs F. Wright, M. Niccol, G. Smart, F. J. Smith and J. Featon were elected directors. It was announced that an otter for the property had been received from England, and the directors were authorised to deal with the proposal. PURU CONSOLIDATED. This property has been floated recently by J. H. Fleming. It is situated at Upper Puru, some nine miles from the Thames, and includes the Uranus, Salisbury. Russell and Russell Extended mines. The holders of these various properties decided to combine and allow them to be formed into one big company of about 400 acres. Only 15 shares were offered to the public ut £lOO each, and were all sold outside of Auckland. It is stated there are reefs on the property ranging from 4 to 60 feet in width.