OHINEMURI NEWS.

Waikato Times, Volume XXVIII, Issue 2336, 30 June 1887, Page 2

OHINEMURI NEWS.

1 . [from our own correspondent.! Paeroa, Monday. Sincb the Jubilee holidays everything has been very quiet here, and it has been raining nearly the whole of the time. It is presumed that the late floods cost something like £2000 in damages. The river is yet far above its normal level. Nothing has been heard rc election matters, and it is very doubtful as to which electorate we shall be pinned on to. It ;is certainly, however, most likely that we shall be joined to Coromandel, as that electorate has considerably below the required quota But, again, it is uncertain, even with Ohinemuri, that Coromandel would have sufficient unless the Thames borough was encroached upon. Nobody appears to know anything of the movements of _Mr L. M. Grace, our present member. It is rumoured that he is not going to stand again, but, for all that, not long since a local resident received a wire to the effect that whatever rumours were put about, Mr Grace would be again in the field. Mining is dull, and is likely to continue so through the winter. A; well-known Anglo-New ZeaJander wrote to a local resident by the last 'Frisco mail, stating that at present attempts to float New Zealand mines are unavailing; The Kapanga (Coromandel) and Red Hill (Nelson) mining stock is at a heavy discount. One syndicate alone, that of Messrs Rothschilds and Baring Bros., had offered to them during the month of April above 120 mining .properties from various parts of the world. The Mammoth, a Karangahake mine, which has been placed in the hands of Mr McCandlish, who has proceeded to England, and is probably now in London, should have a first-class chance when the present distrust of mining speculations is removed. The Transvaal and Queensland mines are said to be moving freely. Sheba scrip has gone up from £1 (par) to £-10. The other Transvaal 'claims, judging from prospectuses just received, are merely reflecting the Sheba, having few apparent merits of their own. One mine, the Criterion, at Port Kaap fields, which has had two shafts sunk—one of 40 feet and one of 38 feet, work probably worth £80 or & 100--shows from the data furnished by a 23-ton crushing, which gave 31oz lOdwt gross, au " expected result," finishing with a promise to shareholders of over £33,000 per annum. • A considerable amount of work was got through by our hard-worked Warden and R:M. on Friday, none of which was of much outside importance. An extremely sudden death took place on Friday evening last, being that of a little daughter of Mr Cassrell, of the Criterion Hotel. The child was only taken ill a very short time before it expired. Death was PMsejJ by the sudden swelling of the glands in tfre throat,