THE The Inangahua Times, PUBLISHED TRI-WEEKLY. MONDAY, NOV. 7 1881.
Ece f toi) has had many ' spurts,' and ' flutters,' and ' crazes ' in the share tnarkc t, but the excitement of the week culminated on Saturday evening lust in something approaching to popular pbrensy. Late in the day it became known that stone of extraordinary richness had been struck in the Golden Point mine at Devil's Creek. Shares rose like magic from 3s to Hi, and up to a late hour of the night Broadway was alive with an anxious and excited crowd which swayed to and fro between the broker's offices and the burden of the hum was Golden Points, Keep-it-Darks, Welcomes, Alpines, etCi Hundreds of pounds, and even thousands were made during the evening. One firm alone profits to the extent of some* thing like £lf 000 by the rise in Golden Point shares. Think of that and weep gentle reader. The aggregate increase io the value of Reefton mining Btocks during the past fortnight is £95,000. Keep^iUDarks reached 42s yesterday. Mr Jam ps Stevenson has lodged witb the Returning Officer of the Murray riding a formal notification of his withdrawal from the candidature of that riding at the coming County elections. Mr Stevenson has decided to stand or fall by his chances in the Antonio's riding. It is reported that Mr Overend has retired from the Cruflhington contest. Messrs Jones and Patterson will address the County electors io Dawson's Sail on Wednesday evening next. It will afford some satisfaction to learn that the great prinde of Maori humbugs, Te Whiti, has at length been put where he should have been long ago— in the " stone jug "at Taranafci. Inspiration and the gift of por> pheey can avail little against a preponderance of b»g battalions, and this lesson will probably not be lost upon Te Whiti's successor, should such there be. Applications are invited by the Reefton Hospital Committee for the office of secretary to the institution, vice Mr Boyd, resigned. Mr Weston has been in communication with the Government with refereuce to the proposed overland mail service between Beefton and Nelson, and has reopived a reply from the Postmaster-General stating that the road between Nelson and Lyell is not yet open, but will be completed very soon, and in the meantime instructions bad been given to ascertain what the cost of the service between the two places would be. Owing to { tbe great improvement which has taken j place of late at Lyell, and consequent growth j of business, the want of more frequent postal communication both between Nelson and Ljell, and Lyell and "Reefton, is daily becoming more pressing, _and Mr Weston has done a service to the community in refresh* ing the memory of the Government on the subjeot. Tenders are invited by the Golden Point Company for driving fifty feet. Tenders close on Wednesday next, at 8 p.m., at Daw son's Hotel. It appears by onr telegrams this morning that tbe Dunedin people bave been enjoying a little excitement over the recent rise in ; Keep*it-Dark shares. As showing bow mining interests change hands, we may remark that np to a comparatively recent date nearly 15,000 of the 20,000 shares into which the capital of the company is divided were held in Dnnedin j during the last ten days, however, something like 10,000 of the shares have come back to the hands of local holders. No« one heie will begrudge the Dunedin people tbe slice of good fortune which has fallen to their lot, for to Dunedin enterprise we are mainly indebted for tiding over a long period j of depression. The United Alpine Company has once more set the ball rolling. At a meeting of the directors held on Saturday last a divi« dend of sixpence per share was declared, j The shares were in active demand on Saturday evening. Tbe question of County elections has been dwarfed into utter insignificance by the course ofeyentsin the share market during the last few days. The subjeot of tbe general election is equally squeezed out of notice, but a» the Maori difficulty is now over we may ex pect that the Government will have' leisure for other State concerns, the general olections included. It is hardly probable, however, that the elections will be held this year. Work was returned at the Morning Star Company's mine, Golden Point district, this morning. A desperate correspondent, signing him* self ' J. Oker,' after seven months' sojourn in the bush, sends the Wanganui Herald the following .-'Sir,— Will joy kindly inform me whether I am correct in my surmise as to the etymology of the wqrd 'dynamite' now in extensive use for Czar and other purposes. An inventor having discovered a new explosive compound, after experimenting with it upon many substances, placed some in a cheese, exploded the charge, and when he looked round to examine the effect, exclaimed with mingled surprise and mortification, ' By Jove there's not enough left to ! dine a mite ' Hence its name/ We take the following item? from the Westport Times :— As is so often the case in hor.serncing when public opinion ie unanimous as to probable winners the result of the Melbourne Cup contest ib a noraplete surprise. The three horses placed have hardly been heard of in the betting. In Mr Hughes Sweep Zulu is j held by Mr Frank Walker, of Boatman's ; Czar was drawn in Mr Dawson'e boot, of Reefton ; and Sweetmeat falls to Mr J. Frank of this town: Sh-iw, Judge and Magistrate] ; who has tendered bis resignation, will, if BU ch i ie"ignatiun bo accepted, continue riufv until
I ~ 15th inst. Hej'tins Messrs Bandon and Sons in legal practice heie. Ifc is doubtful yet who his successor will be, but there is a probability that some present Magistrate will receive pro* mo 1 ion. The following is the clause (107fch) of the new Licensing Act which prohibits the supply of liquors to drunkards :— When it slmll be made to oppear in open Court that any person by excessive drinking of liquor misspend*, wastes, or lessens his or her estate or greatly injures his or her health or endangers or interrupts the happiness of his or her family, the justices presiding in such Court shall by writing under the hands of any two such justices forbid any licensed person to sell him or her any liquor for the space of one year, and such justices may at the same or any other time in like manner forbid the selling of »ny such liquor to the said drunkard by any Much {incensed person of any other city, town, or district, to which the drunkard shall or may be likely to resort to the written prohibition the justices are empowered to issue to publicans re supply of intoxicants to tipplers, says it knows a case where something like 200 written notices cutting off one individual's liquid refreshment will ha>e to be served upon publicans 'so reckoning the employees of licensees about 1003 people are expected to know him if he visits their establishments.' The publicans will surely require a 9 many eyes as Argus if they are to comply with this clause of the Act. Perhaps the best way would be for bonifaoe to engage a scrutineer, whose sole business wouid be to go behind the bar and ' spot' individuals whom the law considered ought to be for a time ' robbed o! their beer.' The South Australian Register pokes fun at the bell buoy at Port Adelaide, and says that the tintinabulations of the present con* trivance have become so excessively feeble that it is oaid not long back, when a barque was standing in ' shoro and heard its melancholy sound, the master roared out ; Hard a lee ; shove her round; by the sound of that bullockxbell we are close to some cow* yard.' An appropriate kitchen window plant is obtainable in a few days at anytime of the year, by cutting off about 2 inches of the thick end of a carrot, scooping it ont, hanging it in tbe window, and keeping it filled wilh water. It Sprouts almost immediately, and in a very ehorfc time the old stump is barely visible through the pretty feathery leaves. Tbe condensed forms used in giving recipes are sometimes misunderstood . To one for making lemon pie is added : ( Then sjt on the stove and stir constantly.' After two weeks' consideration, the Christ* church Resident Magistrate decided that it was illegal to hang goods to a verandah in front of a shop for sale, and inflicted a fine on the tradesmen so summoned. There is some talk of establishing a paper mill in the Marl borough district. The Marlborough Times says two- thirds of the capital required (£20,000) coula be got in London, and the balance could be easily raised in the district. One of the five Chinarpon suffering from leprosy in the Dunedin Hospital died, last week in that institntion. The deceased i Chinamen had been just upon five years in the Hospital. The New York Herald's reporter has inter* viewed Adelina Patti concerning her American tour. She /old him that she was anxiouß to visit the country where she was brought up while her voice was at its best and to bring back a good souvenir of her visit. She intends to make a four months' stay, an"! in that time will give about 20 concerts. Besides concerts she will, if suitable arrangements can be made, appear as Elsa to Niccolini's Lohengrin. She told her interviewer that in order to carry out her American tour she bad to make some financial sacrifices. For instance, she had refused £800 a night at Monte Carlo, and £400 a night at Madrid for 60 nights during the winter season, with a splendid mansion, valued at £12,000 to be her own property, and deeded for c ver, to induce her to repeat her visits to the Spanish capital* 'So,' added the diva, ' I don't think 1 shall be charged with visiting America simply for the purpose of making money.' On the Sea coast round Cape Commerell British Columbia, exiat deposits of sand, which black in appearance on the surface, are found on examination, after digging a few inches to be full of specks .of gold. ' A handful of tbe sand washed in a faucer displays numerous sparkling grains which are pare gold, ao Rne in tiny scales, that they are popularly called • float gold.' The existence of the gold has long been known, but the difficulty has been to find a means of successively and economically extracting it. Several machines have been tried but w'thout success ; and after several failures, the experiments were abandoned, and nothing has been done for some years. A new venture is, however, -about to be made with a machine invented by a San Francisco company which promises to be successful. Tbe machine consists of six drawers or layers of plates, covered with amalgam. Each plate has 'holes panched through it about a quarter of an inch in diameter. The gold-bearing g^nd is dumped in' on the top plate, the water *acts the sand in motion, and, with the gold, it passes through the holes. The sand falls from plate to plate, leaving behind it the loose, free gold, which attaches itself to tbe amalgam ; and by the time the sand has reached the sixth plate it is accompanied by very few grains of gold that have puccesdvplj eßCßped attachment to the amalgam on the previous, five platea. The process is simple, but it is reported to be successful, arid to more than pay expenses.
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Inangahua Times, Volume II, Issue II, 7 November 1881, Page 2
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1,940THE The Inangahua Times, PUBLISHED TRI-WEEKLY. MONDAY, NOV. 7 1881. Inangahua Times, Volume II, Issue II, 7 November 1881, Page 2
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