TELEGRAPHIC NEWS.

Oamaru Mail, Volume I, Issue 36, 2 June 1876, Page 2

TELEGRAPHIC NEWS.

[per press agency.] Auckland, Friday. THE KAIPARA RAILWAY. A public meeting was held last night, which passed a resolution condemning the delay in the construction of the Kaipara Railway. A SIX MILLIONS LOAN. The " Cross" contradicts the rumor that the Ministry intend to propose an another six million loan.

Dunkdin, Friday. f§ THE GRAIN MARKET. 1 Wheat is in steady demand at 4s. 6d. to IS 4s. Sd. for good to prime ; 4s. 2d. to 4s, ® 4d. for ordinary. Oats, 2s. for best pi sample milling, and Is. 9d. to Is. lOd. for 3 good feed. |§ THE TITANIC STEEL COMPANY. 1 An adjourned meeting of the Titanicf§ Steel and Iron Company was held last night. The shareholders from other Pro-®!! vinces were not represented, but several ia resolutions from Dunedin and TaranakiiS were read and discussed. The Chairman® pointed out, with reference to the supposed §| allotment of 500 shares to Mr. Smith, that 11 there would be no such allocation unless S the patent showed they could work the || sand profitably, and lie was certain that, M although the patent might be successful m practically, it could not possibly be so'M financially, and there need be no appre-B hensi' >n of any claim being made upon thelH Company respecting those five hundred |S shares. The result of the meeting was jJS that the Directors were empowered to put Ha the Company's furnace in blast with asS little delay as possible. ®