Durham Mining Museum - Stock Exchange Information (original) (raw)

Extracted from: The Stock Exchange Year-Book for 1883, by Thomas Skinner

In the case of companies worked upon the cost-book principle the laws of ordinary partnership prevail as regards the liability of shareholders ; it is quite unlimited.

Gawton Mining Company, Limited. — Directors: G. Batters (Chairman), J. Rowlands, J. Robinson, and E. Hunter. Secretary: E. F. Colmer. Office: 22, Austin Friars, E.C. — The company was registered June 24, 1880, to take over the Gawton Copper Mine. The subscribed capital is £24,000 in fully-paid shares of £2. The accounts are made up annually to December 31. No dividend has yet been paid. Transfer form, common ; fee, 2s. 6d. per deed.

Gelling's Iron Foundry Company, Limited. — Directors: R. Gelling, W. Todhunter, J. Adams, and C. Swinnerton. Secretary: H. Cowin. Office: South Quay, Douglas, Isle of Man. — The subscribed capital is £10,000 in shares of £10, of which £6,000, or £6 per share, is paid up. The accounts are made up annually to December 31 and submitted in March. For 1880 and 1881 the dividend was 6 per cent. each year. Reserve fund, £150; carried forward, £80.

General Mining Association, Limited. — Directors: Col. E. W. Scovell (Chairman), F. W. Bigge, C. Bischoff, W. S. Cunard, J. D. Hill, and Lieut.-Col. W. C. Western. Secretary: C. G. Swann. Office: 6, New Broad Street, E.C. — The company was established in 1825 to purchase and work certain collieries in Nova Scotia. The capital was £274,690 in fully-paid shares of £10, but in 1874 a return of £1 per share was made, and in 1880 a further £1 per share was repaid. There is now, therefore, a capital of £219,752 in shares of £8. The accounts are made up annually to December 31, and submitted in April, but an interim meeting is held in November. For 1877 there was a dividend of 2s. 6d. per share; for 1878, 4s. ; for 1879, 2s. 6d.; for 1880, 4s. 6d. ; and for 1881, 8s. Reserve (including £32,050 the par value of shares held in the Spring Hill Mining Company), £42,050 ; carried forward, £187. The company is quoted in the official list. Transfer form, common ; fee, 2s. 6d. per deed.

Giona Sulphur Company, Limited. — Directors: A. A. Croll (Chairman), G. Anderson, T. Guyatt, F. A. Wallroth, and R. W. Wilbraham. Secretary: C. G. Smith. Office: Wool Exchange, Coleman Street, E.C. — The company was registered in 1872. The capital is £90,000 in fully-paid shares of £10, and there are 10 per cent. debentures to the amount of £25,000, with interest due January 15 and July 15. The accounts are made up annually to June 30. For 1873-4 a dividend of 10 per cent. was paid, but there has been no distribution since. No report is obtainable, but the foregoing statement is said to be correct. Transfers to be made out on common forms; fee, 2b. 6d. per deed.

Glasgow Caradon Consolidated Copper Mining Company, Limited. — Directors: A. Arrol (Chairman), F. Frew, T. Ross, J. McClure, W. Wilkie, and A. Mactear. Secretary: J. E. Watson. Office: 149, Hope Street, Glasgow. — The company was established in 1860. The subscribed capital is £31,177, in fully-paid shares of £1. The accounts are made up to December 31, and submitted in February. For 1874 the dividend was 12½ per cent. for 1875, 15 ; for 1876, 7½ ; for 1877, 2½ ; and for the four years ended with 1881, nil. Debit balance, £1,381. Transfers are to be made out on common forms; fee, 2s. 6d. per deed. Latest price, 7/8.

Gold Coast Mining Company, Limited. — Directors: Capt. Molesworth, R.N. (Chairman), F. Fitz-Gerald, J. Irvine, A. Joy, Hon. F. H. Morse, and A. Stewart. Secretary: I. Ker. Office: 32, Poultry, E.C. — The company was registered March 9, 1880. The subscribed capital is £48,750 in shares of £1, of which £42,250 is called up, 36,250 shares being fully paid, and 12,500 10s. After dividends of 50 per cent. have been paid, a further 16,250 shares are to be issued to the vendors. No dividend has yet been paid, but crushing has commenced. Transfer form, common ; fee, 2s. 6d. per deed.

Gold Hill Mines, Limited. — Directors: J. E. Naylor (Chairman), Col. W. M. Cochrane (Deputy-Chairman), K. S. Archbold, W. Baxter, H. Nelson, and T. Tregellas. Secretary: G. C. Harvey. Office: 36-9, Palmerston Buildings, E.C. — The company was registered April 30, 1881, to purchase and work a property in North Carolina. The capital is £102,462 in fully-paid ordinary shares of £1, and £---- in fully-paid preference of £1, ranking for a preferential dividend of 15 per cent. per annum, and equally with the ordinary in all above that rate. The accounts are made up annually to April 30, and submitted in August. The company commenced working in June, 1882. Transfer form, common ; fee, nil.

Gold Mining Association Of Canada, Limited. — Directors: Earl of Denbigh (Chairman), E. Digby-Boycott, J. Bradney, and T. B. Edwardes. Secretary: A. Norris. Office: 19, Queen Victoria Street, E.C. — The company was registered January 14, 1881. The subscribed capital is £113,230 in shares of £1, all called. The accounts are made up annually to December 31, and submitted in January. The works are not yet completed. Transfer form, common; fee, 2s. 6d. per deed.

Great Laxey Mining Company, Limited. — Directors: G. W. Dumbell (Chairman), F. Broadbent, R. Penketh, J. Spittali, and P. P. Mosley. London Secretary: W. Allen. Registered Office: 104, Queen Victoria Street, E.C. — The company was established in 1862 to work an extensive lead-mining property in the Isle of Man. The capital is £60,000 in fully-paid shares of £4. The accounts are made up to February and August, and submitted in April in London, and in Douglas in October respectively. The recent dividends have been — 6s. per share in October, 1878, 5s. in January, 1879, 5s. in April, 1879, 5s. in October, 1879, 6s. in January, 1880, 8s. in April, 1880, 8s. in July, 1880, and 6s. in October, 1880, January, 1881, April, 1881, July, 1881, October, 1881, January, 1882, April, 1882, July, 1882, and October, 1882. The company is quoted in the official list. Transfer form, common; fee, nil. Latest price, 18.

Great Polgooth United Tin Mines Company, Limited. — Directors: Col. Dorvill, R. B. Fastnedge, W. H. Sykes, and G. H. Keene (Managing). Secretary: W. Trew. Office: 48-9, Palmerston Buildings, E.C. — The company was registered March 18, 1881, to work a property in Cornwall. The capital is £100,000 in fully-paid shares of £1. The vendor guarantees a dividend of 7½ per cent. per annum for two years. Reports are not obtainable, but the above is officially stated to be oorrect. Transfer form, common; fee, nil.

Great Western Colliery Company, Limited. — Directors: S. Lang (Chairman), T. F. Brown, C. H. James, J. Wethered, and T. Williams. Secretary: W. Briggs. Office: 7, St. Stephen's Street, Bristol. — The company was registered November 1, 1878, to take over the business of the company of the same name. The capital is — £40,505 in fully-paid A £5 shares, bearing a 10 per cent. cumulative preferential dividend, and £44,535 in fully-paid B £5 shares. There are also loans and 6 per cent. debentures to the amount of £61,006. The accounts are made up annually to December 31, and submitted in March. For the second half of 1879 2½ per cent. was paid on the A shares, and on July 1, 1880, the balance of accrued dividend on the A shares to December, 1879, was paid. In 1881 no dividend was paid, but in 1882 the arrears of preference dividend to December 31, 1881, were paid. Carried forward, £625. Transfer form, common; fee, 2s. 6d. per deed. Latest prices — ordinary, 3¼ ; preference, 5¼ ; A debentures, par ; B debentures, 90.

Great Wheal Worthy Tin Mining Company, Limited. — Directors: W. Molesworth-St. Aubyn, M.P. (Chairman), T. G. H. Glynn, and W. S. Garland. Secretary: A. Jones. Office: 3, Newman's Court, Cornhill, E.C. — The company was registered May 26, 1881, to acquire and work a property situated near Helston, in Cornwall. The authorised capital is £50,000 in shares of £1. Allotment has taken place. Latest price, 1 1/8.

Great Zaruma Gold Mining Company, Limited. — Directors: G. Chambers, C. Chester, A. L. Halford, L. Levinsohn, A. Northen, E. Packard, and W. Bingland. Secretary: J. C. Handfield. Office: St Stephen's Chambers, Telegraph Street, E.C. — The company was registered June 21, 1881, to acquire a property in Ecuador. The capital is £250,100, in fully-paid shares of £1, £125,000 consisting of A shares, £125,000 of B shares, and £100 of founders' shares. The A shares rank first on the profits of each year for a dividend of 10 per cent., the B shares come next for 10 per cent., and of the balance 10 per cent. goes to the founders, 10 per cent to reserve, 10 per cent. to the officials as extra remuneration, and the other 70 per cent to be rateably divided between A and B shares. The Stock Exchange committee granted a settling day for the A shares, but refused a quotation. The B shares are to bearer. Transfer form, oommon; fee, 2s. per deed.

Green Hurth Lead Mining Company, Limited. — Directors :— J. C. Swan (Chairman), H. Pritchard, D. Fraser, J. H. Robinson, W. Scott, J. Monks, and T. Sheldon. Secretary: C. W. Harrison. Office: 25, Westgate Road, Newcastle-upon-Tyne. — This company, which works a property situated near Alston, Northumberland, was registered under its present form May 25, 1880. The subscribed capital is £6,400 in shares of £1, and £1,920, or 6s. per share, is paid up. The accounts are made up annually to December 31, and submitted in March. For 1881 dividends amounting to 14s. per share were paid. The total dividends paid amount to £3 7s. per share. Transfer form, common; fee, 2s. 6d. per deed.

Griffin Silver-Lead Mining Company, Limited. — Directors: J. Davies, W. Ellison, and H. Maudslay. Secretary: R. Makepeace. Office: 85, Gresham Street, E.C. — The company was registered October 2, 1878, to work a property in Carnarvonshire. The capital is £15,799 in fully-paid shares of £1. The accounts are made up annually to August 31, and submitted in November. On August 31, 1881, there was a debit to income and expenditure account of £2,010.

Grogwinion Lead Mining Company, Limited. — Directors: W. Bowman, W. Brookes, J. Owen, and G. Ross. Secretary: G. Bedford. Offices: 26, Change Alley, Lombard Street, E.C. — The capital is £40,000 in fully-paid ordinary shares of £2, and £5,000 in 8 per cent. preference shares of £2. The accounts are made up annually to December 31, and submitted in February. For 1876 dividends of 2s. 6d. and 4s. per share were paid ; for the first half of 1877, nil ; to December, 1877, 2s.; to June, 1878, 10d. ; to December, 1878, nil ; to June, 1879, nil ; to December, 1879, nil; and to June, 1880, 1s. 6d. There has since been no distribution. Transfer form, common; fee, 2s. 6d. per deed. Latest price, 1.

Guadalajara Gold and Silver Mining Company of Spain, Limited. — Directors: A. H. Anderson, J. H. Hackworth, A. M. R. Jurado, J. Morrell, and G. B.Witt. Secretary: J. W. T. Chapman. Office: 1, King's Arms Yard, E.C. — The company was registered September 4, 1878. The subscribed capital is £29,420 in shares of £10, including 969 free shares, and £9 per share has been called up. The accounts are made up annually to September 30. The free shares do not rank for dividend until 10 per cent. has been paid on the other shares, when all rank alike. Machinery is now being erected.

Guinea Coast Gold Mining Company, Limited. — Directors: J. W. Johns (Chairman), Capt. R. F. Burton, H. W. Maynard, B. Nixon, D. S. Peddie, and Col. C. Wynne. Secretary: H. J. Dakin. Office: 15, Walbrook, E.C. — The company was registered October 26, 1881. The capital is £100,000 in fully-paid shares of £1, of which £66,667 is in preferred shares, and the balance in deferred. The preferred shares are entitled to a preferential dividend of 15 per cent. ; the deferred shares (which were issued to the vendor) are then entitled to a like dividend, and the surplus profits will be rateably divided between both classes. When the dividends declared on the preferred shares amount in the aggregate to the total nominal capital of those shares, both classes thenceforth rank pari passu for dividend. Transfer form, common; fee, 2s. 6d. per deed.

Gunnislake (Clitters) Mine. — Committee: J. C. Isaac, E. Nicolls, W. Mathews, T. Knight, J. J. Daw, and T. W. Greenfield. Purser: R. T. Skinner. Office: Tavistock, Devonshire. — This tin and copper mine is worked on the cost-book principle. There are 10,240 shares, and £2 2s. has been called up on each. The most recent experience was a dividend of 2s. per share in March, 1882. Total dividends paid, 19s. 9d. per share. The usual cost-book transfer form is in use. Latest price, 4.

Gwern-y-Mynydd, Limited. — Directors: J. Sinclair (Chairman), G. Batters, W. J. Neale, M. King, and W. H. Spratt. Secretary: W. J. Lavington. Office: 9, New Broad Street, E.C. — The company was registered October 8, 1878, to acquire and work certain lead mines in Flintshire. The capital is £29,020 in fully-paid shares of £4, and £6,919 in shares of £1, of which £4,409 is paid up, 227 shares being fully paid, and the remainder having £12s. 6d. paid. The accounts are made up annually to February 28, and submitted in April. No dividend has yet been paid, the operations having so far been confined to the opening up of the mine. Transfer form, common; fee, 1s. per deed. Latest price, £1.

Gwydyr Amalgamated Mines Company, Limited. — Directors: J. Y. Watson, R. Spence, and F. Braby. Secretary: C. B. Parry. Office: Gracechurch Buildings, Gracechurch Street, E.C. — The company was registered March 9, 1881, to take over the properties of the D'Eresby Consols, Aberllyn, and Clementina lead mining companies, situated at Carnarvon. The capital is £70,000 in shares of £1. Transfer form, common; fee, nil.