W AI HI .
Repairs to the Martha Company's water race arc now in progress, Mr D. Farmer having taken the contract to supply the labour necessary to reconstruct the flaming for the sum of £21 10s, and the manager expects to be able to resume crushing operations within the next 1 1 days. In the early part of this week Mr Bebro, financial agent from London, paid a visit to the principal mines here for the purpose of learning something with regai d to their present developement and future prospects. He was very favourably impressed with the place as a field for the investment of capital, and ho is now in Auckland where he will interview the different boaids of directors with a view to the formation of a large company to be floated on the Loudon Stock Exchange. Stoping out above the intermediate level in the Union mine is being attended with very satisfactory results and stone of first class quality is grassed avery shift. From all parts of this mine there is now a laige tonnage of quaitz to hand, and a fair percentage of this is being selected for transport to the old country.
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Bibliographic details
Te Aroha News, Volume IV, Issue 204, 21 May 1887, Page 3
Word Count
197WAIHI. Te Aroha News, Volume IV, Issue 204, 21 May 1887, Page 3
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