AUCKLAND NEWS.

Waikato Times, Volume XXXVIII, Issue 3047, 26 January 1892, Page 2

AUCKLAND NEWS.

(BY TELEGRAPH.— PRESS ASSOCIATION.) Auckland, Last Night. Mb Hammond whilst surveying on the road at Taiiui in the Kailm Valley was stopped by natives. He has sent for assistance of the police. The factory of Messrs T. and 11. Cook, cabinet-makers and upholstcrera situated in upper Queen-street, and an unoccupied stores adjoining formerly used by Messrs McArthnr mid ;Co., as a boot factory ,vas destroyed by lira last night. Tho store was insured for £250 in the Standard, rind Cook's building and machinery for t'575 in the Royal. The tools belonging to Cook's workmen were all burnt.

Tlir half-yearly report of the Bay of Islands Coal Company s-ays the s.ile of coal for the past half-year has biwi) 12,220 tons, being a dscivine of sSli tons on those of tiifj previous six months. The director's anticipate that in the course of a few months the reinuiuiiiß available coal will be worked Exploring operations have been carried mi at Hikurangi. and from the result the directors are satisfied that the freehold land belonging to the Company in that district is of considerable value, which will bo ureatly enhanced when the Kamo-Hikurangi railway, now in progress, is completed, The statement of accounts shows a balance of £12cS8 Os -U at the credit of the profit and loss account, and from this amount the directors recommend that a dividend of seven shillings per share be declared, which is equivalent to 3i per cent, for the half-year on the original capital.