Mining Review of the Week.

Thames Star, Volume XI, Issue 3691, 23 October 1880, Page 2

Mining Review of the Week.

In our leading column yesterday we published a copy of the circular issued by the Hauraki Pumping Company, at the instance of Mr C. J. Stone, a direotor of the Moanatairi G.M.Co., including the proposed new scale of contributions to pumping maintenance, in view of the proposal to pump from the 400 feet level instead of the present depth. Glancing

cursorily over the scale we do not see much to find fault with, and if the various companies contributing are satisfied we do not tee; that anyone else has a right to be dissatisfied. We will, however, be pardoned for making tbe remark that we cannot see by what system of logic Mr Stone arrives at the conclusion that the Moanatairi Company should contribute less in the proposed scheme than under the arrangement now existing, especially when all the ether companies' amounts of countributiqn are increased. Probably he will show good and sufficient reason for this when the proposal comet before , the delegates of the associated companies. We cannot conclude our reference to the pumping question without congratulating the Thames Borough Council for the manner they have stuck out, and in spite of strong pressure too, for the maintenance of pumping : from the 400 feet level. The persistency with which they have, kept this point in view shows that they are conversant with the advantage ef this being done, and have the best interests of the district at heart.

Men's minds have been much agitated > of late concerning the reported gold field at Te Aroha, regarding which nowever, as yet everything is buried in a mist of uncertainty. It is evident that Thames people have been taught a lesson by, Tairua and Ohinemuri, and like the burnt children of the proverb, dread the fire* and appear at any rate determined not to become heated with the gold fever until they have got something tangible to go upon. And they are right too. During the week, Mr Greenville has completed arrangements with a party of tributers to work a portion of the Hape Creek mine, so that operations will shortly be resumed in this undoubtedly valuable property. Prior to the discontinuance of operations a few weeks ago, the Hape Creek mine had been the meant of £300 per month) circulating in this district, all of which we may add came out of the ground.