COLONIAL TELEGRAMS.
AUCKLAND. Last night. The local Typographical Society has appointed a deputation to wait on the master printers. The steamer Pnkaki has arrived from Fiji with a cargo of sugar. The Ponsonby footballers defeated the Grafton team easily on Saturday, and thus have virtually won the cup. The ship Waitangi has arrived from London with a cargo of merchandise. A cablegram has been received to the effect that Wirth’s WiU West Show has left San Francisco for Auckland, and is expected here in three weeks. The mining excitement is stronger than ever, and large sums of money have been made by fortunate investors in Thames
stock. May Queens stand foremost. A fortnight ago they were worth only 2s. and to-day they were being sold at 14s. There is a strong demand for Freedoms, which rose lOd to Ss in a couple of days, and for Cambrias and Monatairais Kuaotunu stock is firmer than ever, Try Flukes are selling at 13s 3d, and it is expected that the first dividend of a shilling will be declared tomorrow. Red Mercurys are next in favor. It was thought they would fall after the recent crushing, but are firm at 4s, and experts declare they will be a pound before Christmas. There are only thirty thousand shares in the mine, the usual number being 50,000. Just in Time, the next mine, are considered a splendid thing, but there are none now on the market. The nominal price is about 2a. Carbines sold to-day at 2s on tn 3s 31; Mariposa, 2s 21 to 2s 31; Lady Carrington, Is 61 to Is 71; Waitaia, Is 7<l to Is lid; Ocama, 2s. The Bonanza’s crushing concluded on Saturday, for 4ozs gold to the ton, the return being 40ozs from 10 tons. Prices to-day were Is 81 to 2s. A new mine named the Arizona, peg and peg with the Bonanza, was floated this afternoon and work will be commenced at once. The best investments are considered to be Try Fluke, Red Mercury, and Just in Time.
SOUTHERN NEWS. Last night. The direct eteamer Dorio it at Wellington, An old man named Johnston attempted to commit suicide at Moeraki, Canterbury, on Saturday by tying a bag ol etones round his nook, and jumping into a water hole.
It is stated that the parmint of £675 by the directors of the Rangi*ik.i Fibre Company will enable a dividend of 5s in the £ to be declare! nmor.gst the creditors. A conference of delegates from the various grocers’ assistants in the colony has been arranged to be held in Christchurch at an early date for the purpose of generally des’, ing with matters effecting the interests of retailers in tho grocery trade.
A m-eting of about 80 Unionists and others was held at Christchurch on Saturday nigh*, After a long discussion a motion was carried in favor of forming a political as-oriation for advancing the interests of the industrial classes in Parliament, by securing an equitable adjustment cf the laws affecting wageearners, of the retention of the land of ths colony by the people and for the people. The men employed by the Napier Harbor Board in discharging dredging punts, and who are members of the Union, have been called out because the Board’s Engineer would not agree to pay them Is 31 per hour. The men were getting Is an hour, and were fully satiefied, it is said, with their pay. The coal merchants of Wellington announce that owing to mine owners having advanced the prices they are compelled to make a rise in the price charged to public. A denial given by Ministers to the reported resignation of ths Hon. Sir Frederick Whi'aker. of the Attorney Generalship, ia confirmed by Sir Frederick himself. He says he had never given tbe subject a thought until he saw it stated in the Tim a s, and there is not the slightest, foundation for the statement that he either has decided to resign, or has any such step bsen suggested. The Local Government Committee have under consideration a bill drafted by Dr Hodgkinson, providing for the establishment of a new system oi looal government, tbe chief objects being decentralisation and reduction in the number of looal bodies, with extended powers. At to-day’s sitting the Committee affirmed the principle of the election of District Councils by County and Borough Councils.
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Gisborne Standard and Cook County Gazette, Volume IV, Issue 498, 26 August 1890, Page 2
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729COLONIAL TELEGRAMS. Gisborne Standard and Cook County Gazette, Volume IV, Issue 498, 26 August 1890, Page 2
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