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THE Inangahua Times. PUBLISHED TRI-WEEKLY. WEDNESDAY, SEPT. 29, 1880.

We publish elsewhere in our* columns today tbe memorandum of Association of the Inangahua Low Level Company, and we trust, as we have every confidence it will, prove the inauguration of a new and prosi perous era for the Inangahua. No time will now be lost in organising the company for active operations. A general meeting of the shareholders will be convened at the earliest practicable date, when a directory will bo appointed and contracts let for the' driving of the tunnel. The nexfc sitting of the Magistrate's Court at "Reefton will be held on Tbursdny^nexfc. Tbe directors of tbe Golden Fleece Company met at Greymouth ou Monday last, ond declared a dividend of one shilling per share Tbere are 48,000 shares in tbe company, so that tbo dividend means tbe letting loose of £2,400. There are, we believe, some heavy individual " lifis " in the distribution, one Reef-on shareholder drawing the substantial sum of £360, and another in Nelson about an equal amount. The shares are, however, distributed pretty well throughout the wholo of the Colony, so that tbe good fortune will be spread far and wide. Crushing bas been reresumed by the company. Owing to tbe wretched state of the weather on Saturday evening, tbe meeting appointed to form a Christy Minstrel Company was postponed until next Saturday night, afc the same time and place. Rumor is current in Wellington that Major Eeddel will shortly be transferred to tbe Wardenship of the Inangahua. To«morrow will be half-yearly balancing day at the loaal banks, and the number of persons who will thifl year go fishing and shooting on tbe occasion will probably be much less than for several years past. We elsewhere publish a report of a p üblic meeting recently held afc the Lyell to consider tbo question of -separating from the Buller County. It will be seen that a mo* lution affirming tbe deßire of the inhabitants to separate was adopted. Tbere are strong evidences on all sides of a marked revival in quartz-mining in tbe Inangahua. Already tbe symptoms of its coming haye been made manifest in tbe great increase whioh'has taken place of late in tho market, value of all the forward mines. As an instance of this we may mention tbat tbe three mines— tbe United Alpine, Welcome, and Golden Fleece mines have witbin about six weeds risen £100,000 in value, that is, taking the ag?regafe market valne of "the shares then and .now, the increase is represented by tbe sum stated. The increase iD the case of many other mines has also been relatively large, so that over the whole the " earned increment " roaches to a considerable sum. Much of tbis is no doubt traceable to tba improved prospects of the lod. s, and the swellina productiveness of the leading ventures. But beyond this the cause is no donbt due in no inconsiderable way to I the relaxation of the money market throughout the Colony. Capital is gaining strength, I and tbe terrorism of banking institutions bas been ruu out. At present there aro few attractive openings for investment in the Colony. The heavy losses sustained by banking, insurance, mortgage and other monetary institutions during late years has temporarily detracted from tbeir popularity as an outlet for investment, while the great depreciation of landed property bas to a great extent blocked another of the avenues of investment, and hence it probably is we read m a Dunedin telegram that " Tbere is great activity in mining stools, particularly in Reefton and Longwo'od shares." There is no doubt that when capital is abundant, investment in quartz mining is irresistible. We may then rra?onably look for a substantial outside support to tbe fi .d during the incoming ye r, The out-put of gold during tbe early part at least of the New Year will be considerable— in excess probably of anything yd attained in tbe district, and u-dess the opportunity is abu-ed by the inflation of bozus undertakings, the whole field will permanently profit by tbe attention now being dire 'ted to it by outside capi'alist.. It will no doubt prove disappointing to many intending excursionists to learn that tbe earliest boat available from tbe West Coast to Melbourne, will be tbe Albion, on the 20th October. This probably means that sho will leave Greymouth about the SOth, and sailing via Sydney and Newcastle, will not reueh Melbourne much beforo tbe 7th, thus allowing return passengers only three weeks in port. It is to be feared that unless tbe shipping company cau be prevailed upon to extend the time for whioli return tickets are available, by a fortnight or tbree weckii tbe pns-jenger traffic will be affdered lo some extent. Tbe Golden Fleece Company will start on Monday morning next to prospect for the Fleece reef, in the northern part of tbe mm", end its . ..-.(rvfry will he a red letter day In lhe hi .oiy of the Murray Creek district. ■R- eff nu bai furnished many enviable in. stances of astonishing acquisition of wealth, but we donbt very much -if any previously cited instance of the kind approaches to thai

of a knight of the long robe resident in Nei* son. Tbe bolder of sis thousand shares in the- Uuited Alpine Company, and fout thoueavd shari.3 in the G-oleen Fleece Company, his interests in tbese two mines bave c'sni in tbe short spaceof about tbree months from a nominal value of almost nothing, to tbe princely sum of £16,000, ' Talk about boing rich beyond tbo dreams of avarice ! No wonder in the face of instances of tbis kind . ti at people should evince a desire to try tbeir luck in tbe same lucky-bag. Unbke jewellery art-unions and Church lotteries, the game of mining offers Borne substantial prizes. A letter bas been received" in Eeefton by Mr John Walsh, hotelkeeper, from Mr David Stewart, formerly mining manager of tbe Energetic Company. Mr Stewart writes from Arizona, on the borders of Old Mexico, and gives a most glowing account of tbe territory. Grold, silver, and copper abound and although the place is little moro than twelve months old, a respectable city has sprung into' extetence, and tbe din of carpen- \ ters saws and hammers is heard on all sides on every day in the week. Sundays included. The description given reads more like a page from early goldfields' history in Victoria. It is undoubtedly encouraging in the highest J degree, and before it tbe allurements of Temora pale into insignificance. The letter, by tbe courtesy of Mr Walsh, is in our possession and will be published in our next issue. The evangelists, Moody and Sankey, lately passed through tbe Indian territory, and while afc Muscogee in tbe Creek nation, Mr Moody arranged to receive ten Indian girls from thnt nation, for whom ho will provide five education afc the young ladies', seminary established by him at Nortbfield Mass. Tbe editor of tbe St. James's Oazette— lt is a 'writer of fine wholesome, plain English criticism on public affairs that Mr Fredrick Greenwood ba3 becomo known and valued ; and it was because he wns so highly esteemed in this capacity that, wben tha Pall Mall Gazette was sold out of his direction into tbo hands of partisans, all the capitalists flocked around him with offers of all the money tbat he might want, and more tban ho wanted, to establish his new journal, the St. James's Gazette. Mr Greenwood is in one important sense of the term not a born journalist j for he has either nofc been furnished by nature with, or has nofc cultivated., thac innate sense of the relative importance of news and moments of publisation wbicb - marks the complete newsman. But he is a born public critic and what is more, he is tbe most able organiser and director of criticism yet found among the editors. One cause of tbis is that bo is extremely energetic 5 ' another "and greater i 3 that be is honest, and thafc being honest he does not fear to follow oufc his conclusions and to press tbem homo with what to some occasionally seems uudue vehemence. He is also a discreet man, who' has been trusted with many State secrets wliicli he lias kept strictly for his own guidance. He is scarcely ot all known among the idle persons of society ; but his work bas come nearer to amusing enthusiasm among tbem- than any tliat hns of late been done in tbe criticism of public affairs. Vanity Fair. Tbe Honorable Lieutenant-Colonel William Henry Kenny (says tbe New Z. aland Times) wbo bad been a Major in an Imperial infantry regiment, came to Auckland in 1817 in charge of one of the four parties of military pensioner settlers sent out by tbe English Government as a consequence of war of 1845. The pensioners, however, were never called upon for active service further than some garrison and town protection duty for a short period during tho war of 1863. On the institution of Constitutional Government in 1853, Colonel ICennv was appointed a member of tbe Legislative Council, his warrant being dated March 2G of that yoar his appointment was one of the earliest made, and be wns therefore, at the time of bis death, tho oldest member of the Upper UoSfe. Major Richmond coming next. Colonel Kenny was oyer 70 years of age, and leaves two sons — one tbe Distriot Judge of Napier—and two daughters, ono of whom is unmarried. He was not a man of large property, but bad an ample competence, besides an Imperial pension and hi* honorarium as a Councillor. By bis death tbe Council roll is reduced to 44. names, tbree b insr removed within tbo lust month — Messrs Edwards and Kenny by death, and Mr Taiaroaby disqualification. A cheap method o r covering rnr.'s : —Slate a quantity of lime in tnr, in which din sheets rf the largest nnd thickest, brown p^p"** ,* lay tbem on in the mannor of _atm .. Thoy will form a durable covering, and will efiectuully resist the weather hv years. This is an invaluable composition, and well calculated for rural eeonovnv in covering barn", out-houses, and othor buildings easily effected and at little cost. An English Roienfist. stated that cats cannot live at the height of 8,060 feet above tho sea level. A L^adville ' man proved this theory to be true. He took n eat un a ten thousand foot mountam and dropped ifc .oyer a precipice into a cannon 2,000 feet deep, and immediately the cat reached the 8,000 level ifc died. Science is a great thing when its theories can be conclusively proved. Another case of Siamese twins is reportedAn English paper en**** :— A birlb of an extraordinary character has occur *ed in the small fishing place of Instow, North T)»von A poor woman tbe wife of a thaleher named Craydon, has just given birth to female babies joined together, from the breast clown to tbo abdomen. They aro perfect in every respect else, having a bend each and two hands, two legs and trunk, and it is believed a separatr. pxif'enur.. They lie in bed beside the mother, facing each otber and are very much alike. They are well and healthy, but ■ ".re slightly thinner than when (hoy wore bom a day or two ago, Thu mother docs r not think one wilt ];-v<\ j.nd sbe is anxious* , I least one should die and tbo other live, Tlv

neighbors ancl local doctora, however, believe tbo infants will live, It is a more wonderful case tban the Siamese twins, ancl is exciting great interest in tbe neighborhood. Regarded from a gastronomic point of view (aays a writer in an exchange) it appears thafc there is nothing particulary desirable in j dining witb tbe Queen, although- it isa privilege much coverted by ambitious men. A distinguished de rino who occasionally, j preaches at Windsor, and dines and sleeps there afterwards, said the otber day tbat tbe dinner was a remarkably unsatisfactory affiiir to a hungry man. It is not considered etiquette to continue eating of 'any particular course after the Queen has partaken of ifc to her satisfaction, and as tier Majesty eats very little tho courses are hurried over. After dinner there is hardly time to diiuk one glass of wine before coffee is in. Tho Queen doe 3 nofc put her cup on the table, but sips a little as the servant holds ifc on tbe salver. 1 Then iler Majesty rises, and of eou se, tbe [ guests all rise aud stand back from the table. Tbe Queen then make . tbe round of the i room, stopping to talk for a few minutes to any one of the guests whom she may delight to honor, and then goes oufc, leaving tbe guests to amuse themselves as tbey like for tbe eyening.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/IT18800929.2.3

Bibliographic details
Ngā taipitopito pukapuka

Inangahua Times, Volume II, 29 September 1880, Page 2

Word count
Tapeke kupu
2,151

THE Inangahua Times. PUBLISHED TRI-WEEKLY. WEDNESDAY, SEPT. 29, 1880. Inangahua Times, Volume II, 29 September 1880, Page 2

THE Inangahua Times. PUBLISHED TRI-WEEKLY. WEDNESDAY, SEPT. 29, 1880. Inangahua Times, Volume II, 29 September 1880, Page 2

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