TELEGRAPHIC.

New Zealand Herald, Volume XII, Issue 4289, 12 August 1875, Page 2

TELEGRAPHIC.

[FROM OUR OWN CORRESPONDESxs.] Thames, Wednesday. From 6 tons reduced at the ' -Übiin,battery for the Bendigo Independent ton's tribute), ISJ ounces melted gold WL obtained. " ** A meeting of the directors of the Stewart Gold Mining Company, Tairua, was heldTt the office of Mr. Horsbrough, when it !« resolved to proceed with active opening up their property, and instruction were given for the supply of the neceaa™ requisites and workmen. ™ The shareholders in the Brothers, Tainu held a meeting at the office of Mr. \v -v£ji when it was resolved to form the-<f||r inS, a company, to be named the "Brother!™ with a capital of £12,000, in £i ml paid up; Mr. W. K. Garland to take charge of the mine, an. I continue acti-* operations ; Mr. F. J. Wardell to be leeal manager, and to proceed with the inorpora! tion of the company forthwith. Sales : Caledonian, SOs to S2s Gd ; C'itv of London, 4Ss; Queen of the May l]»i?. Cure, 14s ; Golden Calf (new), Gs" 3d • CoU ban, lid; Tairua, 56s ; Ajax, 2s to 'ii 3,1 '. National Bank of New Zealand, 77 S &£ Sellers : Caledonian, 82s Gd; ditto (newi 30s ; City of London, 4Ss 6d ; Cure 14s fid*. Golden Calf (new), 63 Cd ; Coliban l s : Thames, 21s ; Tairua, 57s 6d ; Gem, " s 6d '• Ajax, 2s Gd ; Britannia, 2s; Independent 10s' Bank of New Zealand, £17 ISs. Buyers • Cil e ! donian, SOs ; ditto (new), 26s ; Golden Calf (new), 63 ; Thames, 15s; Moanatairi, 23 3 . Tairua, 555; Gem, Gs 6d; Ajax, 2a 3,1' Britannia, ls Gd ; Independent, 7s • Bank of New Zealand, £17 15s. The Bank of New South Wales suinp*] per Hauraki, SOO ozs. of gold. ' Coromasdel, Wednesday. The Harbour View will send 150 lbs. of specimens tD-morrowto the Whakaroa battery to crush, and a lot of stuff to the Nil Desperandum battery on Saturday. The Bismarck lodged 10S ozs. of gold yesterday from 10(5 tons. The Union Beach got a small parcel of good stone to-day. The Tokatea is nearly through with specimens at their own battery. A private meeting was held to-day at Mr. a Pittar's residence to take steps to get a highway for Tiki district. There are fifteen residents in the district. At a preliminary meeting of the Highway Board, held to-day, steps were taken to enlarge the present boundaries. Tauranoa, Wednesday. Natives are congregating at Matapihi settlement for the holding of » great tangi over the remains of a daughter-in-law of Tupaea. The important eubject of the present relations between natives and Europeans is being discussed. [press agency.] Christcuurch, Wednesday. The Lytlelton Times, thia morning, publishes a table, shewing the effect the Abolition Bill will have on the finances of the Canterbury Road Boards. The aggregate result shewn is that while the thirty-seven existing Road Boards during the past year received from ordinary Provincial grants special Provincial grants, and General Government grants, the sum of £127,780, they would only receive under the Abolition Bill £5515 from licence fees, dog tax, &c, and £25,401 from the pound for pound endowment, if the same rates were struck as last year, making a total of £30,916; but if a shilling rate were levied in every district, then the Road Boards would receive £50,505 from the pound for pound endowments, raising the total to £5G,020. The table, when dissected, shews that four Road Boar.le in the vicinity of Christchurch will gain alightly from the Abolition Bill, but all the others will be large losers. The Waimate Road Board is the most extreme proof of the latter. Last year this Board received £35,754 from the Provincial and Colonial grants, and Btruck no rate. Under this Abolition Bill the Board would only receive £200 from licence fees, and if a shilling rate were struck only £6652 from the pound for pound endowment. Thirty of the Road Boards had such liberal grants last year that they did not find it necessary to strike a rate at all, and some of them have never strnck a. rate since they were established.

Dunedix, Wednesday. At a meeting of the Otago Institute last night, Mr. Thomson read a paper shewing his computation of the longitude of Wellington was correct, and that Dr. Hector's statement in a memo, to the Colonial Treasurer was untrue ; that the Doctor had gone out of his way to throw a stone at Thompson and Jackson. Captain Hntton said that was completely ignorant, or extremely disingenuous. Altogether, it was particularly hot for the Doctor. Tolmie's funeral to-day was largely attended. Weather miserable, with frequent hard showers. Interment took place in the Northern Cemetery. The Provincial offices were closed at 2 o'clock, to allow officers to attend. The Times says Tolmie's name as a politician may soon be forgotten, but his social qualities will never be erased from the minds of those who knew him.