Gold Mining News.

Feilding Star, Volume XVII, Issue 99, 23 October 1895, Page 2

Gold Mining News.

(Per Peess Association.) Auckland, Octpber,22. _ Alleged goldfields are becoming plentiful. Gold is reported to have been found near Onehunga, also at Maretai, near Wairoa South. A Maori named Kuakatai brought up a specimen of quartz to Cambridge from Maungatari that appears to contain'gold. It will be sent to the Bank of N.Z., at Paeroa, to be tested. A native brought in a parcel of stone containing gold from Kaimai, Tauranga. A large number of southerners axe visiting Kuaotuna, and southern capital is stated to be coming in. The mining market is unusually brisk to-day in respect of Coromandel stocks. Bunkers' Hill advanced from 14s to 15s 8d ; Welcome Find, 5s 4d to 5s 9d ; and other sales are : Kapai-Vermonts, 14s ; Maori Dreams, 2s 9d ; Victorias, 3s 7d ; Alpha 7s 3d; Grace Darling 2s lid; May Queen, 13s : Victoria, Bs. There were buyers of Waihi- Silver tons at 48s, but no sellers. An Adelaide paper records some instances of rapidly-made fortunes. One young man well known in that city left tbere three years ago for Coolgardie a poor man ; to-day he is the holder of 4509 Great Boulders, and is worth close on £100,000. Another writing to a friend by the mail which reached Adelaide on Tuesday says, " You can congratulate me. I am worth L 150,000 in cash and on paper." A third Adelaidean who has been prospecting in the west for the past two years has run his bank account up to L 50.000. Coming nearer home, ie goes without saying that thoee who got into Coolgardie Syndicate and kept their interests have all made moqey. One wellknown silver man has made 148,000. and one of the habitues of the Exchange, who commenced with LIOOO, has turned it into LIO.OQO. Msss Ada Croasley, the Melbourne contralto, who went to London, is also, numbered amongst the lucky. On a visit* to Adelaide some two years ago. she put a JjIO note into the Coolgardie Syndicate, and now she is the lucky possessor of LBOOO worth of Great Boulders.