LATEST MINING News. (KARANGAHAKE) Paeroa, Friday Evening.

Te Aroha News, Volume III, Issue 124, 17 October 1885, Page 2

LATEST MINING News. (KARANGAHAKE) Paeroa, Friday Evening.

CboWN. -The contractor for conveying quartz to Thames ban already got 25 tons on the county road, from whence it will be conveyed. by drays to Paeroa, thence to Thamee by steamer. There is no change to nwte.in the stopes, whicli are yielding handsomely. < - SUTRO, — The manager has Btarted to, Rend quartz from, (he mine down to the county road r preparatory to forwarding, 20 tons to the Thames furnace". The reef ia somewhat smaller 'in the level, beinjr now about 2ft thick, but the stone is of fail quality. Ivan hob. —Good crushing dirt incoming to hand from the $topea go\nf( north of the winze,- from which point there are now 30 tons to gram. Stoping south in also in progress, and the ' reef here ia of fair quality. The .manager intends to start crushing operations about Monday next. Kknilwortii.— There is a splendid show of argentiferous stone on the hanging wail aide of the reef in the low level. Some average samples assayed from this point yesterday yielded at the rate of six ounces gold and 5220zs silver to the ton. The ' surface level is being advanced steadily on the Maria lode, which h-.is been cut into for a distance of sft without any sign of footwall. and the stone coming to hand appears to be of good quality. Woodstock. —The low level is being steadily driven towards the reef, which should be in hand about the end of next wee. The stopea above the i t aiediate level are looking well, and the manager anticipates a large output of good smelting ore during the present month. ; Albion. — Driving on the leader near the western boundary it "till in progress with \ very satisfactory results* The stone assayed from this lode has yielded high percentages of both gold and silver to the ton. •''">. SOOTIAi^-The proprietors bf this mine have got 30 tons of stone ready for transmission to the Thames tor smelting purposes. Samples of stone broken out from reef 4ft thick: hare assayed 7<>za gold a -id 2402» silver to the ton. United.— The road level has been driven 16 feet upon a leader which in about 6 inches thick, and strong colour* of gold are seen at every breaking down. Diamond. — Tue work of timbering and otherwise securing the low level will be completed to-morrow, and operii- *;„«.,. -ni-im nfi *t ;» urder. X Rosßr— The shareholders have 25 ton* of quartz -in the hopper, ready for *«**nsit to the Thames Rmeltiug worli-i- Work in the mine at present ia confined to tronching on th i surface, with a v'hsw to interBecting No. 2 lode, which is supposed to i run throughout the whole length of the | ground.

LATEST THAMES MINING NEWS. ,ThamkB, Friday. In the Cambria mine a parcel of 130 lbs of specimens was obtained this morning lin the itopes aboro • westward intermediate Iftvel. > Tite c; | « < f Lockvrood v Shepherd, in which plaintiff claimed half defend fin V* interest to the Rosemojit Company, Walhi vrna heard in the Warden's Court to-dstf, and iudgenient eiven for defendant.

TKISCO MAIL DQB. Auckland, Friday. The 'Frisco mail steamer la due tomorrow.

share Market. The Cambria manager report! another lot of specimens (I30lbs) this time from another place in intermediate west. There has beon a fair demand for shares at 253 and 24s ex div. Alburnians also inquired for at 4s ; Konilwortks, 3s 3d. Crotfna at 6s 9d to 7*.

PHODUCR MARKET. Weekly market price list ; Butter worth 8d wholesale, lOd retuil ; eggs, Bd. j Wholesale ; lOd retail. I LViPORTANL' NEWS RBJ SAMOA. The Star Wellington correspondent j I telegraphs i I have reason to believe that there will very wbortly be some developememts and not altogether improbable that another expedition will set out from 1 Wellington with Cabinet Minister at head of it, awl fiaving Samoa for destination. Vogel thinks that German interests at Samoa must be bought off, and I am inclined to think that an offer has been madd through the Agent-General, and that the price is about £200,000 or something under a quarter of a million, and thut the offer has Been made by! Prince Bisraark. I feelpfetty confident* in stating this, , and jft expressing the opinion 'that things are now in a fuif way for annexation of Samoa to the Empire I through the agency of New Zealand. Of course America interests have also to be considered, but as they are of a political nature they will probably not involve any pecuuiary consideiatioa*