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Poverty Bay Standard, Volume XI, Issue 1325, 5 July 1883, Page 2

I Tn nnr communicated notion of the P»t.u- -‘ tahi hall, Mr R. Cook’s name wna entirely i omitted. This is to be regretted, as Mr | Cook was the most, energetic originator and supporter of the affair, and it. was merely owing to his efforts that the ball was such a success. I Great credit is due to our Member, Mr I Allan McDonald, for the expeditious manner I in which he has pushed the Cook County ; Rivers Bill forward. It was presented and i read a first time in the House on Tusadav i last. | On our back page will be found two areiclea entitled " Explosive Medicines," and " A Superfluity of Lawyers." In yesterday’s telegrams we find the following :—Daring the last week considerable excitement has prevailed about the Tarawhiti gold field, owing to the reported striking of a large gold-bearing reef on the Golden Crown claim. During last week shares in this company rose from 4s to 10s, I and at the meeting of shareholders last night i Mr. Mace announced that a rich reef four feet thick had been struck, bearing stone superior to reefs which he had known crush 6to Bozs. to the ton. Mr. K. Mace, tho mine manager, confirmed this. Shares this morning have advanced to 17s fid, and shares in other claims are also rapidly rising. Since the above a private telegram has been received at 5.20 last night, to the effect that the shares were up to 205., and wo anticipate that they will be up to 40s. shortly. We are pleased to hear that Mr. Maude is a very large and original shareholder in this company, and has from the first had great faith in the prospects of the same. Mr. Maude was always a large speculator in I mining shares at the Thames, aud his investments were closely watched by others who relied upon his discrimination in such matters. His action in holding on to Tera whiti shares gave great confidence to others who have to thank him for their good fortune. Mr. Maude was to the fore in the same way with respect to oil shares, and now again re Cite Company. In fact, he has always been one of the most speculative men we have in the district, and we can only say that we wish him the same success with all his speculations as he has met with in his Tarawhiti speculation.

Tenders are called for by Mr Rourke, Town Clerk, for the erection and building of new wharves. Tenders to close on tiu> 17th J uly. Among the liberal donors to the Poverty Bay Hospital, the name of Mr Daniel (Jougn (who was engaged in the erection of toe Union Bank. Gisborne) is .I.curving of men lion, Mr Gough has. through Mr Dickson of the Argyll Hotel, generously subscribed to the institution a sum of £4 fis Bd. " Orient’s " Melbourne Cup Consultation is published in thi- morning’s issue. Our readers will observe on perusing the advertisement that this a good investment, b itig toe biggest consultation on the Cup yet published. Subscribers can hare full shares a’ £2 each, or they are at liberty to take half shares at £l. The consultation is made <.p of 620 prizes, the first, horse receiving I'4ooo ; the second, £2i’oo ; the third, £lOOO, j altogether £20,000 (less commis sion) will be distributed in prises. This is certainlv a big inducement to speculators, and n ■ doubt the full number of . <ares wi I be tak-n up before the lime for dosing ar. rives Applications addr.-ssed care of Mr Sinclair Eastern Area le, Melbourne, will ro ceiv-. prompt attention. We again call the attention of our readers to the sale of plants Ac., by Mr Greene and which will take place at his auction mart this morning at 11 o’clock sharp. Messrs Carlaw Smith and M. H. Smith, in this morning's issue, notify that they have dissolved partnership as Auctioneers, Commission Agents. Mr Carlaw Smith will carry on the business in future. In future the mails for the East Coast will be forwarded weekly as far as Tologa Bay, instead of fortnightly as hitherto. Our coastal friends will find this a great convenience. We are sorry to hear that Mr A. D Fraser, agent ol the Union Steam Ship Company here, is about to be removed to Napier iu place of Mr L. Hart, agent for the company in that town. Mr Fraser will not leave all about the end of this month. We understand that Mr Fraser will be superseded by Mr Dorety, of Auckland. A celebration ball will be held in the Mukaraka Hall on July 12th, under the auspices of the Loyal Orange Lodge. Invitations are now being issued. Gentlemen wishing to go, can do so obtaining a ticket, the price of which is 10s fid.