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Poverty Bay Standard, Volume III, Issue 264, 14 April 1875, Page 2

Messrs. Hardy & F-ebbis will hold their maiden auction saleofjhorses, &c.at Stevenson’s Yards on Saturday next. Masonic.—The usual monthly meeting of the Turanganui Lodge will take place in the Masonic Hall on Monday evening next at 8 o’clock.

Sib Donald McLean arrived by the Luna on Sunday evening last, and landed on Monday morning, proceeding direct to the A Ibion Hotel. In the afternoon he addressed an assemblage of Natives in the Court House. Oil Strings.—At an extraordinary meeting of the Directors on Saturday last it was decided to abandon the present shaft, at any rate for the present, and to make another trial some 400 yards distant, about 50 feet vert ieally lower, and in the centre of several springs. This decision is consequent on the report of the manager that the testing rods are down 196 feet—96 feet below the bottom of the shaft—but without any indicative resistance being found. It is estimated, that a new derrick &e., will cost about £lsfi and that the work of sinking will re-commence in ibout three weeks’ time. We hear that the gas which issued on the withdrawal of the rods threw a jet of flame from 6 to 8 feet high, and the force of ejection threw up soft mud as high as 20 feet. Every one is still sanguine of success, but it would be satisfactory to shareholders to know why the rods—so easily and inexpensively worked—should not precede the more expensive and tedious method of shaft sinking.