AUCKLAND.

Thames Star, Volume XIV, Issue 4559, 15 August 1883, Page 2

AUCKLAND.

" ; ' This day. ■, Three "boys named Thompson, Parker, ; and r O'Leary, the latter boy. from the South, are missing from the Training .School since July this 25th, The boat was stolen, ? ,the same night, and as a gale was •blowing at the time, it is feared that they are drowned. Some boys who bolted with Mr Mitchelson's yacht some time ago hare been caught.

The floating of the Mortgage Company with a capital of £2,000,000 has largely exceeded the expectations of the pro- | moters of the company, as applications for shares from all portions of the colony are far in excess of the number to be allotted, even if the entire 100,000 shares were issued instead of 50,000, as originally intended. It is not known what action the directors will take to meet tLe demand for shares, but probably a larger number will be issued than, was contemplated ; 'even then, applicants cannot, by any mean's, receive the number of shares they have applied for. ,( ■ Mr Oppenheimer, of Auckland, has i arranged for- working the gam fields of New Caledonia. He has a concession to dig and export for ten years, and has made a contract with the Messageries Maritime "Company tojeonvey gum from New Caledonia to London for 60 francs per ton. Mr Oppenheimer is to have 350 convicts and seventy natives digging, and intends to send down 100 or 150 experienced gum-diggers from Auckland.