Annual Meeting
p. 13 · Read in the full issue
New Guinea Goldfields, Ltd.— Annual Meeting
EXCEPT a modest loss of £4,279, there was nothing to report at the annual meeting of New Guinea Goldfields, Ltd., on January 14. This large com pany, like other New Guinea mining concerns, is awaiting permission to re turn to the Territory and resume opera tions. At present, its activities are entirely suspended. Its issued capital is now £950,730; and, of the £222,054 which it has in P. and L. account, it holds about £150,000 in cash and bonds.
Administration expenses during the year were £9,955; but that was partly offset by interest and dividends, £3,165; and refund of gold Excise tax, £2,413. This Co.’s 5/- shares remain at around 2/3; and, if there is any future in gold, they certainly are worth that.
Sgt. Charles Coates, NZ Artillery, of Auckland, is one of the first New Zea landers to marry a New Caledonian girl, eighteen-year-oid Mademoiselle Helene Marguerite Lucienne Berger, of Noumea.
The bride is the daughter of a soldier who fought in France with the Caledonian contingent during the last war.