MOANATAIRIS.

Waikato Times, Volume X, Issue 752, 12 April 1877, Page 2

MOANATAIRIS.

Tkb came of the late depression says the '•Herald" of Wednesday, iB problematical many 'labouring under the impression that the best of the gold is taken out, while, ( n the other baud, several contend that the market is being " beared" to allow certain parties to buy in at a low figure. The true cause is no doubt the small yield of Saturday lash in comparison with the previous return, and the absence of that large haul of specimens which was looked forward to being reported every morning. A glance at the telr-grarns of our correspondent, and those of the mine maiuer, will, however, explain the reason aud we conclude f..im these that all dead wirk necessary for aj fewdays has been finished, and that the breaking down of the spechneu run wi 1 be undertaken "at once, the rirst rt-eult of which wilt be to hand this mommy. Tlui fo ! l->wiug t< legrams were received ye tenlay by Mr White;—" Grahams town, 11.50 a.m -Undercutting. 2c\vt *ueeiinens. Q-ood show left." 3 p.m— Blasting doiyn sidt-s, to give facilities for breiking down reef tomorrow." The following is the usual week's report from the mino manager :—I have tbe honor to forward you my. weekly report :—S.E cross-cut, 80 feet level, No 9 reef. Timbering up has ben completed, and driving east ronuued. The reef is now •30 feet thick, showing good colours of gold, and looks promising for further improvement. In carrying' the leading stope east, the new shot of gold is rising in tint direction. The last blast put in on this run gave 3,3000z3 of amalgam, and left ago d show of gold in the face. Not much go'.d has been broken from old run during the week, it being neces3ary to rise for atope on west side and thus stope eastwards. This will be done next week along No 1 shot of gold. In the drive wost !h f J reef .is five feet thick, and shows coloius of g Id. The slide previously referred to has not yet been intersected. Th! stope south on the new <r cross, leader has considerably improved, and is now giving'good payable stuff. Ther; is no change in Wallace's leader. N.W. cross-cut, junction of NO3. 1 and 3:The stope west from winze has shown gold freely, and (he reef is driven west lias also improved in appearance. There is no change' in All Nations leader, Engine shaft is now down 30 f et, and is making rather more water. We have today lodged hi t'-e hank 4,381 zs melted gold from one we-k'tt crushing, and 30cwt specimens. —1 remain, yours obediently, Kobt Comer."

general meeting, which later did not .take place till after the cattle sale*. % assemMingy- thir cha% was taken la}* A Vox , Esq., the President o£*he association; A considerable gathering. irfcluding ! most of the leading of the several Waikaso settlements were present. M. The minutes of" the preceding meetiug haying been read and confirmed the Chairman called upon the Secretary for the report of the Committee, which together with the Auditors report was read and adopted. The report concluded with a recommendation from the outgoing .Committee that the next show of the society for the exhibition of stock, implements, farm produce, &c, should be held at Ohaupo, and showed a balance on hand of £35. The meeting then proceeded to the election of officers, as follows : President, Mr A Cox, Vice President, Mr Parker, Secretary and Tresureiy Mr JH Mandeno, and the following Committee, namely : Messrs Bosanko, Ramsay, John Runciman, E B Walker, Buttle, Steele, L B Harris, Byron, McNicol, Whyte, Hodgson, and Tisdall. Messrs Germaun, and Millar were appointed Auditors.

A discussion which we must hold over till our next, then arose as to the time for holding- the show, when on the motion of Major Tisdall seconded by Mr Hammond it was proposed that there should be an Autumn show as well as one in the Spring. Mr Mandenon moved and Mr Rutherford seconded an amendment " that there be only one show." The amendment was carried, Major Tisdale then proposed and Mr Mr seconded that the show be held in the Autumn. The motion was carried by a bare majority, and would havs met with a different fate had those remaining outside on the verandah come in add voted.

The meeting concluded with a vote of thanks to the Chairman.