THE GOLDFIELDS.

New Zealand Herald, Volume XXV, Issue 9027, 13 April 1888, Page 5

THE GOLDFIELDS.

[BY TELEGRAPH.—OWN CORRESPONDENTS.] Thames, Thursday. Sharemarret.Cambria, sellers 8s 6d, buyers 8s ; Manukau, sellers 2s 3d, buyers 2s Id ; Moanataiari, sellers 10s 6d ; Saxon, 3s lid, buyers 3s 9d ; Paroquet, sellers ss. Saxon.—Mr. James, the manager, is at present in town consulting with the directors as to the future prospecting works in the mine. A crosscut has already been started towards the Hand of Friendship boundary at the No. 3 level, whilst it is expected two more will be commenced at No. 4 level shortly. There are about ISOOoz of amalgam on hand from a general crushing. Mr. Spratt, agent of the NewberyVautin process, informed me to-day that part of the plant to be erected here is on board the Tainui at Wellington, and that the remainder will arrive per Kaikoura, at Auckland, about the end of the month, together with an expert to superintend its erection. The old LaMonte furnace building is now being prepared for the reception of the new machinery.

A MINING DISPUTE. Thames, Thursday. There is some reason to believe that trouble will arise through the purchase of the Dart Company's winding and pumping plant by the Waihi Gold Alining Company from the liquidator, Mr. F. A. White. At the time Mr. Witheford secured the area of ground now known as Consols claim, in Hape Creek, which includes the • Dart ground, arrangements were made with the liquidator whereby the plant should remain intact for a certain period while Mr. Witheford endeavoured to float a company, when, if successful, the plant was to be purchased at a price agreed upon. During his absence in Australia the liquidator sold the plant to the Waihi Gold Mining Company, who are now preparing for its removal to \yaihi. This Mr. Witheford objects to ; but the question is one for himself and the liquidator to fight out. In the uieant'me the contractors for the removal will go on with their work, and it is expected a commencement to lift the pumping rods will 1 i made to-morrow. . THE MAROTOTO MINE. Mr. Anderson, one of the directors of the Marototo Goldmining Company, who came over from Australia a short timj ago for the purpose of making a careful examination of the property, so that, he might report to the shareholders, returned from the Thames yesterday. , He has had considerable experience in mining, and his opinion is regarded as of great importance. He expressed himself as highly pleased with the Crospects of the mine, which looked far etter than they had been represented. He had some practical tests of the reefs made, with most gratifying results. i He intends to have as much of the stone as can be conveniently got down on pack horses, sent on to Sydney. Mr. Anderson is greatly pleased with the district generally, and anticipates a near future of prosperity. He returns to Sydney next Tuesday. The mine manager, Mr. Moore, reports that the " face" looks better than ever. ■ ; 5 '...-'.it ','>:■:■-;