LATEST AUCKLAND NEWS.

Waikato Times, Volume XXIX, Issue 2358, 20 August 1887, Page 2

LATEST AUCKLAND NEWS.

[by TELEGRAPH. —OWN CORRESPONDENT^ Presentation of Diplomas. Auckland, Friday Night. Bishop Cowie presented diplomas to Margaret Coleman and James M. Trench today. Annexation of the Kermadec IslandsThe steamer I'ichmjuid has returned from her island cruise. The news is of an unimportant character. The Stella had arrived at Sunday Island, with Mes-rs I’.aey Smith and Cheeseman, w ho are to complete the annexation and survey of the Kerm .d. e Islands. Amongst the passcmieis by the stemner llichmond were the l!ev. A. J’caise, Mrs I'carse. and eight native missionaries, en route for New Cuinea, via Sydney. The Ilev. A. Poarse has been for the last 14 years at Kaiatea, on behalf of t!ie London Missionary Society, hut he recently volunteered to proceed to Xew Cuinea to carry on missionary work there. The Sharsmarket. The. sharemarket is much brisker than for some time. The reduction in the bank pmrtes in Australia and the certainly of Xew Zealand banks following suit is beinff fell in the price of all first rate stocks. Xew Zealand Bank shares have been sold at flu ISs, and inquiries are made for Colonials and Nationals, There are stionj; buyers of Zealand insurance at (15.<; Nationals 15s; Unions, 10s (id; Standards, 10s lid. There are no declared sellers at these prices, the market having decidedly an upward tendency. In mining the run on Moanatiaris continue*. It is expected that the directors will accept the London otfer'of i' 29,000. It would be an immense benefit to the whole field. Caledonians are at its; Cambria*, t<. Prince Imperials, at os (id, are quiet. Deep Level Cross are asked for at very low prices.