OHINEMURI. (From Our Own Correspondent )

Te Aroha News, Volume V, Issue 263, 12 May 1888, Page 2

OHINEMURI. (From Our Own Correspondent )

VAKROA, Fii-l.w. Tiik topic of tho v eok is of coui-o the floating of (he Jubilee Special Cl'iim a! Waifckauti. liv Mr Ivlward Keix-v Coopoi, on the London market. T have not yet been able to iutenieu Mr E M. Coiboff, who is «•, ii'l (o have loeeived the cililo^rnm nniK'uncin"- tin 1 fact, b M t th'To nppe.vs to bo no doubt of the truth of the statement. Ft, is wi^'l-Lnown liere that ~S\v Coojiei's fiioivl.s at, Nome ha<i c\ oryf lnns*" prepare! for tho (lonliuq; of the mine lon^ before his appearance in [jondon : Mcssis Prentis^ and Co., the Tvell-knoun t> mi cotton lnannfielurei^, of London, beiiiij the piime mo\ers m the matter. Mr CV>,>pr>r, it uiil b.c remembered, ?enfc Home 10 tons of picked 01 o by the Ramjitiki, lie himself pioceed'nq- to England by tho direct boat, arriving about a month prior to the anival of tho ore, which reached London, after a loner passage, some time during last month. It would appear that it only needed tiie ore to complete the floating of the company. I am informed on j^ooii authority that Mr George Vcsev Stewart, of London and Kati Kati, N.Z., either left England for this colony by the Aoran^i last week, or will leave by the Rimutuka on the Olsfc in^t. Ifis special business will bo to negotiate local gold and silver mining properties on tho Home market. Ho has succeeded in forming a most powerful Syndicate, containing names high in British financial matters for this purpose.