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James Black, gentleman, of Lake Takapuna, a bankrupt, this day made a statement of his affairs' before the Official Assignee, by which it appears that ten years ago he came to the colony with £18,000 in cash, which he invested in various wayf. In 1886 a valuation of his securities showed them to be satisfactory. But he waa a shareholder in the Miranda Coal Company and the Auckland Brick and Tile Company, and he became a guarantee for certain sums due by these companies. His losses approximately during the last three years , havg , been :—Bank eharee, £800; mortgages,. £650 ; shares (including abore two Companies), £2,550 ; Brick and Tile Company guarantee and advances for working expenses, £3,620 ; Sydney syndicates, £4,8C0. A total of £12,420. His only assets are furniture and some ©thor effects valued at £100. The house and grounds are in his wife's name. He has no other property or interests than in the above, and his liabilities, all unsecured, amount to £12,090 16s 7d.

The annual picnic and sports of the Auckland watchmakers and jewellers to be held at Motuihi on Thursday next, promises to be a very successful affair. Arrangements have been made for an excellent programino of athletic events in the afternoon, including a 150 yards apprentices' handicap, a 50 yards bucket race, trade handicap, potato race, quarter-mile apprentices'handicap, girls, married men's, and boys' races, quarter-mile trade handicap, obstacle race, 250 yards open handicap, and a steeplechase handicap. Entries must bo in by 8 p.m. to-morrow. Some very handsome prizes have heen allotted for the various event 3, and may be seen in the window of Mr White, tailor, Queen-street. There are four prizes to each event, which is liberal enough to suit everyone. One of the best events of the day should be the open handicap, taking in those not employed in the trade. For this race the first prize is a handsome gold medal, the second gold and silver, and the third and fourth silver medals..

Business was fairly brisk on the Exchange to-day, there being buyers for no less than fourteen mining stocks. Kuaotunu stocks still rise with the exception of Try Flukes, which have gone : back somewhat, although there are still buyers at 9s 3d. Kuaotunus and Kapais sold at Is 5d and Is 6d, and Carbines at 2s 3d. In Thames stock Moanataiaris were Bold ab 11s 6d, being a little easier. Cambrias also changed hands at 3s, and "Victorias at Is lid. Buyers of VVaihis still offer 18s. News of a good parcel of picked stone from the Trenton came to hand after the sharemarket quotations were iseued.

The Hamilton Light Infantry have arranged to send down a team to compete in Auckland for the Gordon Shield, on the 21sb inst. The first competition for tho selection of the representatives was to have taken place on Saturday, but owing to the heavy rain it was impossible to shoot at all, so that the first essay had to be postponed. The Company will be able to turn out a very fair team, who may be expected not to disgrace the district.—(Correspondent.)

On Saturday afternoon in Waikato we had one of the heaviest falls. of rain that have been seen for years. About 1 p.m. a thunderstorm came ud from the west, and the rain poured down in torrents for a couple of hours, after which it moderated a little, but continued wet for several hours. This last rain will be about the last straw to many farmers, and will utterly ruin many crops which were half-saved before.—(Hamilton Torrespondenl.)

The Committee, of the Huntly Disaster Fund desire to acknowledge with thanks the receipt;of seven pounds, one .shilling and sixpence sterling from Messrs Garlick and Cranwell and their operatives in aid of the distress caused by the mining catastrophe.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS18910209.2.43

Bibliographic details

Auckland Star, Volume XXII, Issue 33, 9 February 1891, Page 4

Word Count
635

Untitled Auckland Star, Volume XXII, Issue 33, 9 February 1891, Page 4

Untitled Auckland Star, Volume XXII, Issue 33, 9 February 1891, Page 4