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Inangahua Times, Volume IV, Issue 38, 6 July 1877, Page 2

The Inangaliua County Council has a sum of £1500 to its credit at the present lime. The Westport Times of a recent date pub« Hehes a very complete and handy map of the Seat of War. The legal management of the Alexandra Company was formally transferred from Beefton to Grey mouth; on Wednesday last. Tenders are elsewhere invited by the Uoad Board for the formation of that portion of the Grreyßeefton road between Deverj's Terrraco and the G-rey Junction. Tenders close on the 18th July. ,On Wednesday last a parcel of 250 Independent shares changed hands, lona fide, at the advance price of 83 per share, but it is now difficult to obtain sellers at even that figure. ' The Itikewnan Company hos decided to put in a tunnel at a very much lower level than the present one, and the work will, we are informed, be commenced at onoe. The Butter News states that an enterprising brewer of that town ou Monday last placed the pioneer dray team upon the WestportReefton road with a consignment af the local brew for this market. in unfortunate accident happened at the Hopeful mine during Wednesday night last, whereby a miner named Michael Cullen sustained a fracture of one of his legs. The injury was caused by a piece of stone falling fi'om the roof of the worl^pgs. Cullen was oarried into town by his comrades early this morning, and conveyed to the Hospital, where Dr Mariin was in attendance, and attended to sufferer. The share mania; so far as regards the demand {for eorip in ventures which held the first place in public estimation at the close of last week, has now to a great extent {subsided. This may be accounted for from the fact that prices generally have gone beyond the range of the majority of looal dealers. It is, then, from outside sources that we must look for real quotations. We are informed by a Jarje shareholder n the Company that nearly two thirds of the Anderson's Extended Company is now held by Greymouth and Hokitika purohassrs. The cheering intelligence has reached Reefton of the striking of the roef in the lower level of the United Alpine Company, Lyell. The discovery, though it has. had the effect of running up the price of scrip to tre extent of several shillings, is by no means a suprise, as the stone was long aince proved, and ihe Company only awaited ihe driving of a low level tunnel for the more easy and inexpensive working of the mioe. The stone, as far as followed down in the upper workings, was highly payabie, and the lode well formed and regular in its oourse. The United Alpine is chiefly held in Reeffon, Messrs Tit. .Byrne, T. M'Laughlin, F, Erennan, aod. J, and P. Butler being amongst the largest holders. Mr Mathew Byrne has purchased half of the claim known as Dan Davis* QuarU Mining lease, afc the head of Soldier's. A reef of promising character is exposed on the surface of the lease; and a rough survey of the route thence has shown that machinery can be conveyed on to the ground from Beefton at a very small cost- It is likely that hands will be set to work shortly to open out and further prospect the reef. ' We are informed that the business of the local telegraph offioo has increased so rapidly of late that it has been found, necessary to increase the staff of operators, the number now constantly engaged in the office beiug three. We are glad to see, also that a second messenger has been engaged. The amount of business transacted in the local office during tbe month of June was, we believe, double that of any previous period since the opening of the office. These facts may be taken as a very satisfactory indication of the district's growth. The Boad Board has made temporary &;• rangements with " Charley, the Chinaman " for the conduct of a ferry aoross the Inangahua river, pending the restoration of ftraffio across the stream by means of a bridge. The Board has granted a subsidy of £2 per week to the ferryman, the latter having the right of charging 6<2 per head for passengers. Persons whose business necessitates their crossing the river frequently may contraot with the boatman at the rate of 2s 6d per week, Charley having agreed to these terms. There was a bit of a (shindy at tbe Boad Board meeting on Wednesday, the oasus belli being the Suspension Bridge. Tenders hrd been invited for the erection of the bridge on tho old site at the lower end of the town, but the Board seenced to bo equally divided upon the questions as to whether tho bridge should be placed there or at tbe intersection of Bridge street. Messrs M'Lenn, Aiken, and Dick warmly supported the upper site, and Messrs Kelly, Brennan and Davies as warmly advooated the lower one. The question is'no doubt one that admits of a good deal of argument either way. On the one hand tbe river is much narrower and the banks more solid and precipitous at Bridge street, and the cost of the work would therefore be proportionately advantageous ; but, on tho other hand, trafllo 19 more in the direction of the old site, and the situation will be far more convenient for the public, ami further still, the residents of tbo lower portion of the town have gone to great expense for protective works, and they there* fore possibly consider themselves entitled to \ reap the advantage, if any, to ,arise from having the bridge in the old position. For our own part wo fail to see that it mnkes very much difference where the bridge is placed, so (bat it is erected eomewhere. Upon the

question of cost op pei-m&ncacy, ye do not boo that there is, after all, very muob. to chose between either of the situations. In our opinion, the arguments are after i»U resolvable iuto the itnmineuee, on tbo ouo hand, of the washing away of tbo bridge- and on the other of the approaches to it. A fii'ui stand, howeyer, seems to have at length been taken, and the work of construct 'n? the bridge ; upon the lower site will be commenced at once. A most Ehameless hoas was recently per» petrated upon the Eondoa Daily Telegraph. A correspondent foi-trarded to that journals circumstantial account of the capture of the " veritable sea serpent," at Oban. The report was duly inserted, and, as might be expeoled, created some slip in scientific circles, but upon the conservator of the Manchester Aqujavium offering to purchase tbe serpent for tbat institution, enquiries were made wbioh elicited tbe hob tbat the whole story was a myth. Contemporaries with a chi'dish penchant for these cock-and-bull " cuffers " will hord l y relish being so easily gulled. A Glsboioe telegram m the Auok'and Herald says: — The report of Te Kooti coming is now generally disbelieved. Volunteer corps are to be formed at four place b from G-isborae to Ormond. The Government is much censored for not permitting the 400 stand of acma to be placol m tbe haods of the townspeople end settlers in tbe distriot. Several Maoris with wives bavo moved; nearer to Gisborne. The Government bave replied (o tbe telegram asking tbo whereabouts of Te Kooti. Tbe 400 aland of a-ms ate ttill lying unprotected ja tbe Customs shed, no gUBi-d nor watch bniag placed^over Ibcm } ony six xrexa could cairy tbem awny during nigbt. TeKcoti wants biswi'e, to go to him j she refuses, hence bis desite to come fd' her. Te Kooti, eboald he put m an appeavaaca,[will be short down iusfsutly. The follovfing resolution has been passed , by the Wellington Chamber of Commerce :— . That in tbe oplnio lof this Cbambßf ibe fol- | lowing alteration in the law is desirable with | lepeofc to bills of sale given by traders over , I Btock-''O-trade : — Ibal; tucb a bill of sale. , should be absolutely void 03 a^aicsfc tbe oloim of auy creditor osistiog at tbo dale of the bill sale. That it should cease to bare any force or efiVct 8t tbo eip : c3Uoa of twelve months r from ii.3 date. uqlp3s resis;e"ei. Tbat a copy of this jesolutioaba fonvardcd to other . Chambers of Commeroe, aud iheii* coope'-atiou t invited* The fossil specimens recency fouud neai* i tbe Buller river were sent by Messrs Bailie ! and Humphrey to tbe Colonial Museum, and , receipt of tbo same baa been acknowledged by Dr Heotov, who sends tbis description : — " Block containing fossils found one mile south of BuUer river, indicating the presence [ of beds belonging to Formation VI. V. which , overlies tbe coal. Some of the fossils have only been previously found on tbe £.nt ■ Coast, aud tbfg eouGrmi tbe view tbat the r West cools aye of the en-me geological, ago as the brona coal 3 on East 6ide, o3 atMalvcrn Hills.— J. Hbotob."