LATEST FROM AUCKLAND. LATEST TELEGRAMS (By Electric Telegraph). From Our Own Correspondent.

Te Aroha News, Volume V, Issue 233, 17 December 1887, Page 2

LATEST FROM AUCKLAND.

LATEST TELEGRAMS (By Electric Telegraph). From Our Own Correspondent.

Aucku p, Laj>t Sight* The following cablegram w.is ruceive.l yesterday l>y Aft* J. Russell, chairman of tin* Union Gold Mining Company, from Mr Thomas Rus«e!l : '• Company Hoafced, en^itnl £100,000, Union get 30,000 paul up share?, Rosetiumt, 1 1,000, cash. .VI ives flo.ued nndei' name of Wai hi (jolil Mmmg 1 Company Ijimited. Sii.iioa We l^ l sh >rtlv." Wo U!iiU*r>»tjiJi«l (hit :30,<N0 from tlio oipilal of tlio Company, will L'-j availablf fur c'cvelopiiiij the miius. The cash payment to -.li.irehol er? of the Rosemoiit 1 , will l-o o<^ual ti tt'iout 9s jior share, which i* not .i \>Ai\ return for an oiul.iy of abo'it i.-> a share.

I SUAREMAItKr.r. \<\ tlie «-hatvmarkcfc to tiny there wii I'air liem mil tor S.txoa shares afc 3<, -< Hers f)d 21; Cnmim.i, sales 7a 3-1, •jeluM-rf, 7s G«l ; Prince lmperi.«i wjvnl"il at 4-^ i> i, sellois 5s ; Tronton, sellers IJ< 7«l ; Caledonian, buyers 5s 1.1, sellers 5.i <M. Groat satisfaction i>i oviaceil at the s'iccps*fnl flo.iting of the Union ami llvjsoiuonb j)vopertii\s on tlic London inarkct. Goo I results are sure to ncciue fro:n jnlrovlucing Eugiiaii capital, whicli will euise the upper country of the Thames to receive a. fair trial. Tnerc is enquiry for Bank N.Z. sli.irps ««t £L 2 5s ; Nation il lnsurauco, IGs 9J ; N.Z. inMirAiice, Oi)s.

PRODUCE M,ARRBTS. Wh.>le3ivle : Butter.^primo fresh, 6 I to 7 1 per lv.; Frozen Moat Co.'s sholllumihl, H<l; chet\s -, good factory, 4>l to 4^l, per H>.; pJ?g3, 81 to 10il. " Flour : wholesale: Houtlu-m Hour, £10 to £]{) los]I os] o.vta 2s 'i I ; maize, os 9-1; fcvmthern potatoes, none ; new potatoes, £G per ton, U'uluev?.

Russell, Last Night. II.M.X* kelson, passed hero for south at noon.

Synsßv, Last -Night. Rev. Mv Jono*, English Missi nury at Mare(?; arrival in t'»i? city last ui^lit., liauug been u^pt'lle.! by the French fro'i} the Island at half an hours noiico, sifter a resilience of 3-i years.

IiATIiJST FROM TFLVMU^. Jiiamks L«T*fc Niy/ifc. Private telegrcuns receive I hero fin's afternoon state that tlio Wailii Gold Mining Co., has been succes&sully floated in Louiion. Bfyon'l all dou ; t tlio new Company will inclu.le tin? Uuion^roun I, Rosemont, ainl other tuiuea. 1 am 111fortntiil that the Rosomout fjluirehoitlers will rceei-e £11,000 cash, au<l tlio Union 'ami other's shares for their interests, though I mil wot in position to state amounts. At the Police Court J.imes Tlio'mpson, ; licensee of the Thames Hole 1 , was fined | £1 aivJ coHts for selling liquor to a person I already intoxicated.

Pakroa, Tjas'. Night. The s.s. Kotuku loft here this aftcrnocm for Auckland, having (ill board j about 40 tons of oro, whicb is said to bo worth over £25i per toi\. This represents a total valua of at laast £IUQO. Tiieso'f)4uc«s arc oalj approximate, but tbeyard w'ell x uijder tbo mark, for it is expecto4 tbat tbe ,ore will realize «-»M3tiph higher Ogure. With tlje exooptioii of a fow tons this stuff is all going to' Friobarg, it is the produefc of two tliffewufc . iuines .dbjiutij'tttiDnb l's nules on the »*uj6 b6!t of awriCevoi|a,c lanfcry. O,f tills ; 'i6til tonfl h'fjbftr Ihe^WapetoM^im^ -MnVitato aitd^ie'teiDiiiiiiW ialrdni^hfe Keniltrorlh mtno Kftrnngahakc. Messrs ; H. 0. Wick/ r I). IV. Geilion And Phillips aiyi Son^are-sliippers anel more will lollougif this vonturo proves successful.

Fanner and party, trioutpra in Smile of Fortune mint', Gwliaroa, cleared up to-day for a return of 100 oza retorted gold boing produot of 45 tons of dirt nnd this result will pay tributers handsomely.