MINING INTELLIGENCE.

Nelson Evening Mail, Volume V, Issue 162, 12 July 1870, Page 2

MINING INTELLIGENCE.

MR. H. J. L. AUGARDE'S "WEEKLY REPORT. •Our share market has been anything but business like this week. The second crushing of the Perseverance not proving to be any grea't- advance 1 on the first, has thrown a gloom over all operations. . . CulliforD;- Shares, £i 17s. 6d. paid. These shares have -been perfectly out of the market this wefek. The "disposition is to selji; the inaction,. relative to machinery tepdsvtq atop .investaient, as there can be no doubt that some time musfc elapse ere the mine can be at work.' Perskverance Shares, £1 10s. paid. Transactions few! Shares have chauged hands at 25s i. there is no disposition to sell to any amount, although the second crushiug is not looked 1 on as satisfactory. The call due : nex>t month <- of £l per share and the mine at present only yielding s<lwts : to the ton/- necessarily tends to inaction. , . „ . . • Pioneer Shares, £6 paid. No, business. The contract for further sinkiug notyet being taken, added to the two calls of £1 each, one of which falls due on the loth" inst., must ( / check any further advance in these shares, which may be quoted- at £5 to £6 per share. - Lucky, .Hit- Shares, :£7 103 paid. No business ; the extended drive nearly finished. Some very promising stone came over last week. On the completion of the work. now ju hand, actiou will be taken, it is presumed. , • „ Masonic Shares, £10 10s paid. Inactive ; share, meeting adjourned tilL Saturday. Nothing done; : future operations not defined. Commercial • Shares, £15 15s. paid. There is a disposition to sell at reduced prices. Transactions in 6hare3 have been very few this week, indeed ,it could not be expected otherwise, expectancy having been raised to a high pitch with regard to the second crush' i.n-g of-the Perseverauce mine, which crushing not far •exceeding-, the first return, cast a gloom over all other mines and future operations. 5 pennyweights to the ton is so far satisfactory that-a-bad fact is better than none at all, and really it.' is unreasonable tq j.udgethe min^ by :the standard of two^erushin'gs. ■-> The shareholders, as a . body; are riot 'yet' quite out o f hear t, but fully disposed to sta^d by .their shares. The ! meeting called for Friday next it is hoped will teud to clear .upmttfters, when a full and clem; accpjaQt/WJII it is 1 presumed be ■prepared for the shareholders, aud thus I lessen' the -anxiety. < exfleri&nceii l by the sf-ai-efheut pnblished in the /Government iGaiseti'G. . ;_'/ r ,.j.'/ "!-,r* .'•"•,':; Vi ';'.■■• "■ '

',J^6r rerhairideir.oflljfeivs see Fourth. page,

The Duuediri Eve t ning: Star, of the 25th ulf., sa ys :— Isy" pefnYission, we publish the following communication, with the intimatioa that it waß received under unfavourable circumstances, and that ihesp'iritual world is to be further questioned. on the subject : —"Night before 1 last, at 8.30, it was communicated at a seance that H.M.S. Blanche was off the coast, of New Zeulund, i bound for the Bounty -Islands;; That she would cruise round- them for two days and a half, and, then steer.for the north end of the .Auckland Island?, where she would find the remnunt of the crew and paswenyers of the Mataoka. She would afterwards cruise round the Auckland and some other islands, which woultl-Voccupy about eight (Jays, sifter which she would start for Wellington, where sbe^woutd arrive within three weeks." Speaking of the solemu farce lately enacted in Welliugion of sentencing the Msiori prisoners to death after it had first been explained to them that the extreme penalty of the law would most certainly not he carried out, the Post says: — When the Maoii prisoners were brought up for sentence, the Judge, after explaining that tli^y would he let off with a light puuishment, and that the senteuce of death he was constrained by law to pass was all humbug, »sked them in turn what they ha<l to say why it should not be pronounced on them, at the same time telling tliem that they having spoken before, he could not hear them again. All went well, and the court was not interrupted by reiterated speeches, until it came to the turn of the last prisoner who, on being asked what he had to say. nodded his head, and replied in themost pleasant mauner "Te n» kop '"evidently showing thnt he fully undeistood the w.hole affair, " Salutatioup, O Judge." Could there be a more fitting corolhny to the monstrous farce^ the last of the kiud it is to be hoped we will ever see played an New Zealand. The last sensation in the London Daily Telegraph is a correspondence between "Thoughtless Husbands and Neglected Wives." '"A Neglected Nephew- takes advantage of the circumstance to parade his griefs. He says :— " I ana a younger sou of a large family. Owing to circumstances with which I need not trouble you further thau by saying they have reference to pecuniary matters, the relations between my father and myself are not exactly of a friendly nature. •'! Indeed, I felt so acutely certain observations he made towards me on the occasion of , our last meeting, on the subject of an insignificant bill transaction, that I felt it due to myself to break; off all further communication with him, and flew, for consolation to a dearly- beloved relative,; an aged aunt— perhaps rather too corpulent, but of a benevolent disposition, and possessed of what some people call ' mere dross,' others, considerable worldly possessions. Through her kindness I was_ enabled to meet certain pressing engagements, and moreover placed in a position to emigrate. I will not take up your valuable space by explaining to you why I found it inconvenient to 'meet the, engagement referred to, or to leave my r.atiye land ; suffice it to say that I am still here,, and from no fault of my own, but. chiefly owing tp the deterioration of the turf, I find my affairs in such an uncomfortable erudition, that even Mr. Baxter, of t,he Admiralty, would shudder, at" the rigid, economy ,1 am compelled to exercise. "Two day's ago I Again flew to my aunt, but instead of being permitted to pour out my griefs on her bosom, and receive that counsel and consolation she is so admirably fitted 1 to give, I was informed by Jones, the butler, whom in happier days I have frequently tipped with a sovereign, that she on whom all my hopes were centred positively declined to favor me' with an interview; saying which, the formerly obsequious but now impudent Jones slammed the door in my face, and I was left on - ! the pavement gazing in mute despair at the knocker. Sir, bei.ig alone in London and having nobody else to apply to for advice, 1 write to you becase I have offeu J read your' articles with delight. What can I d0. 9 I *lid so love my aunt !"

How tg Get A Bite. — If you can't coax a fish to bite, try your persuasive powers on a ct'oss dog and you will be sure to succeed.