THE Inangahua Times, PUBLISHED TRI-WEEKLY. FRIDAY, JULY 13, 1877.

Inangahua Times, Volume IV, Issue 41, 13 July 1877, Page 2

THE Inangahua Times, PUBLISHED TRI-WEEKLY. FRIDAY, JULY 13, 1877.

There will be a sitting of the Resident Magistrate's and Warden's Courts this morning, at tho usual hour. In another column wo roprint, from tho Grey River Argus the judgments delivered -by Judge Weston in tho matter of the Rainy Creek Company.. '..An adjourned special meeting, as well as an ordinary meeting of the County Council, wil . be held at 3 p.m. to-day. The business for thq special meeting is the confirmation of the I special order merging the Road Board in the County Council. A meeting will bo held at Q-ilmer's Hotel, on Saturday evening next, for tho purpose of arranging the first of a series of fortnightly Penny Readings. All interested in tho movement are invited to attend. Mr Job L. Munson has arrived from Westport with a choice and varied selection of new jewellery, which is now being exhibited in the premises adjoining the Road Board office* Broadway. The collection is one of tho finest wo have seen in Reefton, and is well worthy of inspection. We understand that Mr John Williams of Fern Flat, has sent in a claim to tho County Council for compensation for oertain land belonging to him, which was taken for road purposes. The application will probably be ! dealt with at tho meeting of the Council today. We observe that a few of the residents have set a laudable example by forwarding to the Hospital miscellaneous contributions of books, .pictures and articles of linen. It is to bo hoped that the practice will be followed generally by the residents. In this way it is possible for the inhabitants to materially aid the committeo. : 'A meeting of those interested in, tho Eureka lease, Boatmans, will be held at Mr Bayfeild's office, to-morrow evening, at 7 o'clock, for the purpose of considering the advisability of registering tho company, and to make arrangements for working the mine. The town was canvassed yesterday in aid of the Hospital, when the substantial sum of ■870 was collected. The work is not yet completed, and it is believed the total will be brought up to £100. Mr Joseph Ivess has, disposed of the. Akaroa .Mail for the sum of £1000 cash, and it is M> Ivess intention to now dovote his undivided attention to tho Ashburtoa Mail— -his latest journalistic venture. The Hopeful Oompany will probably finish crushing and have a final cleaning up towards the ond of next week, ond as the stone put through since last crushing has been o£ the average quality, another dividend will b*e do* olared.. Tho mine shows abundance of stono still remaining to bo taken out of the higher levels. The fortunes of the No. 2 South Larry's Company havo brightened considerably of late, and it is believed that the next crushing of the Company, which will tako place shortly, will bring this long lagging ventuve once more to the front. The stono now being paddocked is of a very promising chuvacter. The patience of tho shareholders of tho Boatman's Creek Company hus'boen severely tried, but there is at length, we are glad to be able to say, some immediate prospect of a refreshing interlude in tho monotony of call paying. A body of very promising stone has been sunk upon, and it is most likely that the company will be ready for a crushing in the course of a month or so.

I Very encouraging iutelligenco has boen received in relation to the Victoria mine, Murray Creek. The reef has suddenly opened out and now presents a splendid face of stone. Shares in tho Company, which until within tho last month or so were regarded as hardly worth' the having, ori Wednesday last made a sudden jump from Is 6d to 3s, and numerous transactions at tho latter figure are recorded, and the shares continue to advanco. Anderson's Extended shares still continue to head the list of marketable stocks, and every day's operations in the mine seems to more throughly assure the position of tho Company. Hitherto it was thought tbat the main body of stone trended northwards, bus within the last day or two tho. reef has aho been met with in tho Bouth, aha the _me now shows two execollent faces of stone, one going to the north and the other in the opposite direction. The general belief now is that it will turn out that the numerous blocks of stone hitherto' worked were but dffshoots of the main lode, and that ultimately, these will bo found to converge into tho parent reef, which is now being followed. Yesterday shares in the Company ■ "changed hands at 5s ■ and are now firmly held at that prico. So long as the" weather continues as of lato the public is not likely to experience much inconvenience by tbo absence of a bridgo across tho Inangahua river, as the river has been., so low during the last fortnight as to be safely crossable on foot at almost any point. Near the site of the old bridge a plank has been laid on the stones, and by this moans persons now cross rather than make the detour to the forry. It is worthy of remark that tho river has never before been known at thiß season of the year to be so low as it is at the present time. The explanation suggested for this is that owing to tho extensive deposit of shingle now forming in the rivef, the bulk of the water percolates through the stones, and this theory is supported by tho fact that tho river, in tho vicinity of the brewery, has nearly twice the volume that it has above th line of the bridge. The excitoment in the share market, which in the early part of tho week seemed to wano < a little, has once more been revived, and was very active to ehe close of last night. The bustle about Anderson's and Victorias has for the time being to a great extent swamped conn sideration for other stocks, but the chief mines at Boatman's, as well as others there which are just merging from obscurity, still hold a forward position. It is said that tho broking business now being dono by wire with almost all parts of the Colony is very great. The Oamaru Times, speaking of Daniel Quarrie, who was acquitted on the self»accused charge of matricide says •.—"We are sorry to hear that over since be gave himself up to tho Waimate police, this much to bo pitied youth has been almost,, if riot totally, insane, and tbo police have been compelled to keep two persons to watch him, in order that ho may not do himself any injury. We believe that both his brother, and sister have stated that Daniel was not near his mother at the time of. her death, and therefore he could not hi any way have caused it. Wo trust that is so, for no matter', what tho result may be, what has occurred has thrown a cloud over his young lifo, and over, that also of one who •hoped ere long to become his bride,"