THE STEAMER TRIUMPH AND ITS CARGO.

Kumara Times, Issue 2294, 4 January 1884, Page 2

THE STEAMER TRIUMPH AND ITS CARGO.

The steamer Triumph, which struck on the Shear rock, Tiri Tiri, in Hauraki Gulf, on the 29th November last, was successfully floated off yesterday morning, and at latest advices was steaming towards Auckland, and the Union Company steamers Waitaki and Rotbmahana were going to her assistance. Her forehold, however, was full of water, and there was a strong adverse breeze and hilly sea against her preventing progress up the Gulf to Auckland harbour. Mr Oxenham, who purchased the cargo remaining on the ship on the 13th ult., will have made a good Christmas box by the transaction. The cargo consisted of two cases of the estimated value of £SOO, coal, and 300 tons of railway iron, all of which he purchased for £l3O, and which has been or will be recovered. The Haslem refrigerator, which was purchased by Mr W. Aitken on behalf of Mr Fraser (of Fraser and Tinne) has been got out safely and complete. This also will prove a great bargain, having been purchased for £330. It is stated to have originally cost £SOOO. Mr Fraser, entered into some arrangements with the Auckland Freezing Company, by which he undertook to deliver the purchase in Auckland, when the machinery will be taken over by the Freezing Company. But the purchase of the hull, machinery, anchors, &c., also to Messrs Fraser and Tinne, will, if the vessel now arrives safely in harbour, be the most successful.speculation; these were •'ought lor £2IOO. The original cost f the Triumph -a... £15,000; so,

although the steamer is very materially damaged, her machinery and anchors, exclusive of the hull, will also amply refund the purchasers for their outlay. The sale was attended by over 1000 persons, but the offers and purchases were confined to only three or four persons. In selling the hull the auctioneer stated that he was not selling the vessel’s boats, steam stearing gear, or stores. The sale being concluded, Mr Isaacs took a critic>l survey of his “house,” and alter looking round the crowded gallery and the sea of faces in the “pit” beneath, humorously remarked that it was fortunate that one of the items in the prog.iamme was not a “ free lunch,” At latest advices last night, the steamer Waitaki was towing the Triumph np to Auckland harbour.