Te Aroha AND Ohinemuri News AND UPPER THAMES ADVOCATE. SATURDAY, MAY 3, 1890.

Te Aroha News, Volume VII, Issue 468, 3 May 1890, Page 2

Te Aroha AND Ohinemuri News AND UPPER THAMES ADVOCATE.

SATURDAY, MAY 3, 1890.

* This aborve all—to thine own self bo tnxa, And it must follow «o the night the day '• Thou dansb not then be false to any man. 1 Shakkspkarb.

The annual meetings of the Waitoa and Te Aroha Licensing Committee’s will be held on June 7th and 9th respectively. An entertainment will be given in Waiorongoinai Public Hall on next Wednesday evening ; proceeds in aid of Waiorongoinai Sunday School. We acknowledge receipt from the Railway Commissioners of the May TimeTable of the New Zealand Government Railways.

The Wesleyan and Presbyterian services to be held in this district to-morrow, will be found duly advertised in our columns to-day. The first ordinary meeting of the newlv eleoted Te Aroha School Committee will be held in the school house oh Monday evening next at eight o’clock. The ordinnry monthly meeting of Uliinemuri County Council which should have been held to-dny, will be adjourned to this day week, 10th inst. Messrs D. Scelly and S. Higgins, being the only candidates nominated to fill the two ordinary vacancies on Matamata Road Board, have been duly elected. We beg to acknowledge receipt of a copy of the Report of the Proceedings of the Canterbury Agricultural and Pastoral Association, for the year ending January 31st, 1890. MrT. Stanley was elected Secretary of the Te Aroha West School Committee at its first meeting. The new Committee come into office with a balance to their credit of £2 is lid. In a letter received from a Matamata resident lie refeis to the success that has attended the temperance movement there, inaugurated by Rev T. A. Norrie a few months ago. A.lready twenty-nine persons have joined the local Band of Hope.

A meeting of tho Te Aroha Band of Hope will take place in the Public Hall on next Monday evening, commencing at hulf—past seven. A really excellent programme has been prepared for the occasion, and we have no doubt there will he a very large attendance.

We direct attention to Messrs Nelson Monte and Co.’s new advertisement which appears in our columns to--day. The success of this firm has been truly remarkable. They have large establishments in Auckland, Wellington, Christchurch, and Dunedin, with Agents in" every part of the Colony ; and their tens have attained a widespread popularity such as could only have been arrived at by the consistent supply of a really good article.

Tke following tenders were opened at the Oninemuri Council Chambers on Saturday last Contract No. 289—Repairing approaches to four bridges, also repairing the woodwork—Preston and Co., £ls ; E. Bein, £l6 9s. Contract No. 288 —Constructing mad and bridges on the Mataurn track—Preston and Co., £ss Is; E. Bein, £36 9s. Contract No. 287 Repairs on Paeroa-Wailii road—E. Bein, £l39s ;T. Cummings,£l2 19s(accepted); T. Doherty, £l3 ss. l£ was decided to invite fresh tenders for 288 and 289, returnable on Saturday next, May 3rd. , The Post and Telegraph office at Waiorongomai has boen * dosed, as from April 30th. r J he postal, business will now be transacted at Mr 15. W. Pennington’s store at Waiorongomai', and a telephone has been fitted up at the same store* connecting with Te Aroha office, for the transaction of telegraph business. Savings Bank business by Waiorongomai depositors will now have to be transacted at Te Aroha. We understand the only reason Mr Pennington got the preference of being appointed post master Jb that he filled a similar position at T&mahere for Borne time, and is therefore familiar with the work. Mr Brauie, late post master at Waiorongamai, will be transferred to Opunaki, Taranaki district. Applications may be made at the War den’s office, Thames, on Wednesday next, II th inst., for the right to occupy for gold mining purposes, late licensed holdings, Young New Zealand, area, 3 acres 13 perches, situated at Waitekauri; and late licensed holding known as the Martha Block, area 26 acres 3 roods 10 perches, situated at Waihi; Standard, area, 28 acres 2 roods, situated at Karangahake ; Walhalla, area, 8 acres 2 roods 14 perches, situated at Karangahake ; Mariposa, area, 28 acres 3 roods 14 perches, situated at Karangahake ; Mariposa Extended, area, 30 acres, situated at Waitekauri ; having been forfeited by order of the Warden’s Court. |

On Tuesday last a dray belonging to Mr Owen Griffiths, loaded with goods for Mr Coarles Harley, Waihi, while going down the Rahu towards Owhnroa, went clean into the Ohinemuri river. Very little damage was done to dray oi horses and none to the driver ; bit a good deal of the goods are damaged by water, as the load - consisted of biscuits and other damageable goods. A lengthy discussion took place at the mealing of the Thames Borough Council on Thursday evening last with respect to the gold duty question, in consequence of a petition now being taken round for signature, praying for the abolition of the gold duty. The following resolution was carried : •“ That this Council believes the gold duty to be a wise method of collecting the necessary revenue, its expenditure being- carried out by the bodies best fitted to do so, and it would be unwise on the part of the Legislature to abolish such duty.” A committee, comprising the following gentlemen, was appointed with power to act, to give practical effect to the resolution: The Mayor (Mr MeAndrew), Messrs McGowan, Renshaw, Comer, and Crawford, A copy of the petition above referred to w.ill be found in another column.

- The banking statistics for Ireland during the year 1889, are regarded as very encouraging, and show that Ireland is at last recovering from the wave of commercial depression. The balances in the joint stock hanks at the end of the year show the enormous increase of nourly two mil? lions sterling, as compared with tbe corresponding period of the previous year. Another pleasing feature is the inorease of L 236,000 in the balances in the Post Office and Trustee Savings Banks, —the total amount deposited being L 5,504,000, •of which L 3,462,000 is the Post-office Savings Bank—the highest amount on record—and L 2,042,000 in tbe Tiustees Savings Banks. The railwuy receipts also show an increase for the year qf L 131,274, the gross amount being L 2,978,651, which is again the highest on record.

The annual general meeting of the Colonial Mutual Life Assurance Society (Limited) was held on the 31st March, at the offices, Collins street, Melbourne. The Rev H. Plow Kune (chairman of the Victorian directors) presided, and there was a large attendance. The Chairman, in moving the reception and adoption of the report, said that last year the new sum assured was in excess of one million und threequarters. Notwithstanding the intensity of the competition, which was every year becoming keener, and in spite of the de--1 pression which had prevailed in several of the colonies, the directors felt much gratification in being able to announce that the new business of this society for the year closed again showed a large Increase, the policies issued during the twelve months having amounted to L 1,895,563. Not only had the quantity of business introduced been greater, but the average policy had at the same time rispn from L 378 to L 406, thus showing that the increase had been secured in the more valuable and greater profit-producing clauses of policies. The revenue account for the year, notwithstanding the inorease in business, exhibited a decrease in the expense ratio of two and a quarter per cent; that was to say, every £IUO Dollocted by the society during 1889 had cost L2 5s less than in the previous year. The addition to the funds during the year had been L 187,292, making the accumulated funds of the society, op 31st December, 1889, LI ,050,573. The accumulated funds of this society now exceeded one million sterling invested for the benefit of claimants in the future. The rate of interest realised by the society for some -yearß past had been about 6£ per cent., and in 1889 the rate had been fully maintained. The claims by death amounted to L 64,958 16s, an experience which wus again much within the expectation. The income of the society now exceeding L 350,000 per annum. The directors anticipated being able to announce the amount of surplus profit earned during the bonus period ended 3Tst December, 1889, at a meeting not later than May. The motion was adopted On the motion of Mr Alfred Webster, seconded by Mr. T. E. Bury, the Rev. H. Plow Kane and Mr H. Byrop Moore were re-elected directors. Messrs. John Macdonald and Loiiiß Charles Wilkinson were re-elected auditors, on the motion of Mr. C. Fox, seconded by Mr. Burnett, it was agreed that the remuneration of each auditor this year should be 150 guineas* The meeting concluded with the usual votes of thanks.