LATEST AUCKLAND NEWS. [BY TELEGRAPH.—OWN CORRESPONDENT.]

Waikato Times, Volume XXII, Issue 1834, 8 April 1884, Page 3

LATEST AUCKLAND NEWS.

[BY TELEGRAPH.—OWN CORRESPONDENT.]

Thk following telegram should ha\c readied us on FiuLiy nigh*-, but was delayed in tiansmissiQn : — The project for the election of a second battery at IV Aiolia is not meeting with the success it desen es. Out oi 5,000 shares in the company, some 2,600 have been applied for in Auckland, but the Te Aroha people, wlie <ue mainly interested, liave only taken up 000. At a meeting of the piovisional committee in connection w itli tlie b.itteiy to-day, Mi F. A. White, on beh.ilt of Mr Stacey, said that if all the shares were not taken up by next week he would wash his hands of the whole affair. Fiom the sale of foifeited and reserved shares the Waiorongomai Company lias now £000 in hand, and this the diieetors piopose to expend on shares in the new battery company. At the Board of Education to day, Mr R. Hobbs was re elected chaiunan. The directois of the Waioiongomai battery, Messrs Fnth and Claik, who aie believed to bepuichaseisof 8000 resened shares in the Waiorongomai company, this morning sent a letter to the company stating that had they known of the find at the time of the acceptance of the tenders they would haveoffeied a larger sum for shares. They therefore forwarded a cheqne for £200 to supplement the price paid for the shares by 6'd each, being the difference between the pi ice tendered for (one shilling) and the maiket value of the shares yesterday at auction, when the discovery was fully known to public. The steamer Coromandel, bound for Coromandel. collided with the dion Nora to-day. Two holes were knocked in the Coromandel's bow. The Star says :— It has transpired that there has been some very discreditable business in connection with the "find" m the Waiorongomai company's ground. The discovery was made by parties working iv. the Wellington, an adjoining mine. The gold was disco\ ered fully a month before the news leaked out, and during that month the discoverers bought large parcels of Waiorongomai shares; indeed there is reason for believing that now fully one quarter of the mine is in their hands.

Weekly Markets.—Wholesale : Butter, fresh, Is ; butter, salt, 8d to lOd; cheese, good local, 4d to 5d ; Canterbury, do., scl; egps, Is Gd; bacon and hams, provincial, Gd to 8d ; hams, Sd to 9d ; Canterbury ham and bacon, l)d, in cloth ; hams only, Ud ; honey in bulk, 4d. Sharemarket: Sales to-day : Waiorongomai, Is 9d to Is lOd ; buyers, Is 9d ; sellers, Is lld ; New Find, 9s; Imperials, 15s 9d ; Buyers : Success, 4s.

His Excellency the Governor. His Excellency remains in Auckland until the middle of May.

Sharemarket. Sales, to-day : Success, 4s 6d. Buyers : Imperials, 15s. Sellers : Waiorongomai, Is 9d.

Land Sale. Messrs Cochrane and Son sold the following properties, to-day, by order of the trustees under the will of the late James King, Whiringatau, Bay of Islands:—lsl2 acres, Hokianga, 2s 3d per acre; 80 acres at 2s per acre, and remaining two allotments at Tapanui, at 2s per acre.

Mr James Grierson, of Ranjjiaohia, advertises for the owner of a brown, medium draught mare, now running on his farm. Mr D. Richardson, architect, Cambridge, invites tenders up to April 10th for the erection cf a bouse for Mr T. B. Lewii.