THE Thames Advertiser. THUSDAY, AUG, 13, 1874.

Thames Advertiser, Volume VII, Issue 1890, 13 August 1874, Page 2

THE Thames Advertiser. THUSDAY, AUG, 13, 1874.

The letter of "An Onlooker," ]) üb,lished;ini to-day's •-iasue, -relative to .the proceedings at the extraordinary meet- ! ing of shareh'olders'bHy'Cfty of Iprk G-.M.C,, ,and. the importance to jthe Thames*' of the main principle involved, in the discussion which took place at the meeting con-' tains a good practical suggestion. ; AsJ we intimated in these columns on; the. ,day,pf>.the m'eetingj,!;t.he: chief' object of its conveners was the removal of! the company's' Office -to'J Auckland byi the, election of a directory able,to carry joufc* that ivwas n v Ot' therefore. .surprising that; there shijuld/have been' such'an attendarice 'of Thames shareholders iati£tke,;^^ frustrated the attempt to carry iout ; that object. On-'i'the'-''other hand,;'«iti must be admitted that Auckland shareholders; to ask j forfull''and'fair'representation on any, directory, when interests of some magitude are .involved; but we object to the covert manner in which ithis object is sought by some tobe accom-plished^-There' are j! one ,: 'or dividuala .at ,the. Thaines interestedln' securing for I 'Auckland the' offices and jmanagementj.pf.' the/companies on this field, and these men are steadily deyot-, ing! touthafc.;;object in ithe hope of future gain. They seek to job-, tain an-inspecti'dhl of-certain mines under the auspipes of..Aucklandiioirds : of-direWbrs,-' and" that attained, ith£ directors and shareholders will ■ hie, entirely in their hands. A small com-, binalion has, no doubt, been formed to facilitate the successful working of such 1 ' an arrangement, andjthe gainers, wouldbe the gentlemen composing such', (combination, .to the irijury-of legitimate investment and bona Jde holders. jWV have'recently had ~m : ' illustration of the working .of,such a. ring, or combination; -case-"of the' Old Whaumine, where richjpatckes were followed at the risfi"' of the- lives of good men, and iu utter Yiolation of all strict rules of practical mining, whilst engagements were '■:, entered into,'the!chief aim of which appears to have been that of enhancing'the. i market value of Jfcha company's shares and enabling certain' holders' to; sell out s of 'the 'pine. When "they had quitted their stock at fancy, prices, the existence of the ring was yisc]psed; ; arid.shares.beganj.ibjdecline to something porhaps nearer their proper value. ( „An accusation of .per-.. tain very questionable proceedings; in connection jwitjh thewljoijiing mine to the Oity'of York' was recently, m'ade ; through the columns of an Auckland contemporary, also/iand'-np. .explanation: was vouchsafed, so that the eyes of Thames shareholders are being opened, .andß)eps;must .their pro-, tection. Those mining members) of this community who are so actively' 'ehg t agHt ! in*'w'orkihg' ! 't6 r kcura! certain | objects—who throw-, their .influence. 'int6 I ' , 'iilie''''& l uckiahd^'s , oale be should bo "strenuously opposed. ]iVe quite agree with him, too, that quorums ofboards,of^reotyraMthjj offices! of

companies on the goldfield are " calcu- "■ luted -to, give security to investors '. against niouopoly, uncontrolled over'sight, and possible manipulation of. interests.". There are sound, practical miners and men of business here to , whom- /Auckland shareholders would . not hesitate to entrust their interest in the active management of a company, and with Auckland, directors on the Board to give their attendance periodically and look into matters, no necessity would exist for this repeated transference of companies into. the', .hands.of Auckland.holders., > ■' Owing'fa pressure'oh our-space we ave s compelled to hold over our.specialcorrespondent'a notes of yesterday's; meeting at Whakatiwai, - and several local items. . . The : Beeond concert of the series,by .the St. : George's"; ChurchiVOhoir, in aid of tW baziar fund' of the Church, will' be given in the 'Academy of Music to-night.,- The programme is a pleasing que, and it will be followed by a dance; From the large attendance and marked success of the first concert of the series, we have no doubt there willfae a. good : audieace at to-night's concert.'.'' . ;.' ■•if.:-ir>. y : --;, ■' The Vivian Ti oupe gave a pleasing entertain'. ■: ment at the Theatre Boyal last night, before a moderately good audience. ; The.eutertainmeht was varied by :the.introduction of the • comedy of" Who Speaks First;" in wJrich;Mr Vivian . played the leading character, and by singiug, •■' danciog, and negro eccentricities by the members, of the company, generally.. They will ■. 'appear.'inVnew and will 'doubtless have alarger audience;' ; '■;';'''' .'•...".;'. iThe shipl'Waikato' cleaved, out on .Tuesday,; for, Auckland, with the following passengers:—Mrand- ? Mra Wilcox, threeichildren, and servant. ■'.'.■• -.;jj. ;-:,:.v,;.v: ,< ..'' . , 6. S. O'llalloran,; clerk, •has filed a deelara? ; tion'of'his inability 'to 1 meet' l his Engagements' . ' with his creditors!- '• ;'-•'•_'; "; K"--'. ''•'•■*, .'■'■ "•'■'.. : ".'TK? ; .&i the,;: ;/ ifanukau on ; Tuesday,?' for Southern Sports. Passengers :■—Saloon: Messrs Me'rinkow/Q. S. ' Graham,.Sutton, Bruce, Aokland,,JDalgleisb, Mr and Mrs Cass, Mra Lucks'; Messrs Connall, Allan, (Hawking, .Smith; iOaptain, D., Miss "Gibbons' Steerage: "Mr and'Mrs7oy and ; family (4), Miss Inbergten, Mr and. Mrs Noble, and^childj-Mi'-'Downe'sf'Mr J. "Taylor, Mrs McSwceney and 2 children, Mr and Mrs';'.-•' -Harknetti'MrandiMr'B Taylor and family. . The ss. 'Victoria;' J. Durrell, arrived in Auckland at an' e^flyhburyesterday.morning from Sydney.' 1 •''MrsjFarrell] and son, Miss 'Parker:;'.':Mes'srs'C; ! .'Wright,. G. S. Matthews, W.;;Earle,i J; Ingram, ~W.: Eastwood, Mr . ; W;WilliaiHß,: ; anl':2s'>iri! the steerage. Amongst her >cargo we,;nofcice I—9. cases 1 bale . 100boxjeSjBarnettand[Co.;, 13bundles, Cole; tease,plants,:J.'Russell;' 1] biindle/^Nicolls; , *'• 1 .case,, V\'iikinson and J 'Horton;" v i*'bbx, P. Warner';,s3^kg3 ? rope, J. JRoberts; lease, J,. ■ •Cosgrave'; 1 parcel, W. A. Cookson. ? . W.e (Auckland, (S'tar) publish a telegram re- , •ceived- this "morning ; fro'm Wellirigioa :—" Mr. Von der Heyde's election will certainly be de- ■.', ■ elated invalid! but Ith"e;seafc will'.he'.fdeclared vacant There-is not the slighted probabilty of , iMriMacfarlane beiag allowed.to takeifc." The . hand from which this telegram came'to us .is a. guarantee that.it is.reliable in the fullest sense. Weare'therefore to Bee. .will be-, theresult of r the,attempUo unseat/'Mr-Von der. Heyde:' •'.:;.■' -, MessrsLearmqns,,of : Melbqur'ne; .after pay: .ihg away large sains of ; .money;ini calls, 1 ordered the mannge'r' to'seltthe' mine;'aud gave- the> ;-. seller (Mr Bailey) £700., a?.':commission, at- v which he wept .'tears'of gratitudeV;,"';'They are '■■■■_ now greatly suprised at the. rich finds'which are taking place', and are'bringing an equity, suit"' against Mr. Bailey and Mr loaghlin for an alleged- fraud, and; which--'certainly I "discloses. somestartlingsfacts, ■ '.iv'.'hi ... 'The 'prospects of a short session, says the .Wellington Evening Post, seem to.be growing . beautifuljy,less, notwithstanding all the efforts of private members ti> pu3bi ;o'ri their bills, and the extreme willingness of the •House.to rush..,. everything thrpugh.};Mr Thomas Russell is well known to be the real father of: the propoml to ; ;abdlishproyincialism in l the North. Island, and- • has been actively lobbying to advance its in.* ;.- : siioui/^iiii^ ' Agency.) ? y'. ~ ,. ~.. Auckland, Wednesday, 9,a.m. '' 1 , Victoria flow 'Syd- .;' ney."" ShVleft'tnere on August^.. 6 p.m. ; Th!e.City'G6un'cnHWVesblved:'toproi witli'thV Wter 1 works to Mr'Errih ; g ; ton's jlahsj ; from; : the '" ' ~f he Agents 'Tor'; -the'-inail lino - ; have received[advices that tar.' left on July the 28th %r v iu^kianU i; JSonolulu, : andfshe is due here about the 21si.^|;SKe; : proceeds fromJ'heHce/tb Sydney^ : fhe --''m:■?.(Jy." . : phrenes'returns, from Eandavuiahout the 16th,' and'"awaits 1 the ■ : * Tartar,'\tran^^ j^iOii ,; her' she; leaves, for San Francisco via Honolulu,-about the; 2nd of j Septeraberi - < with $ the Sydney --7 mails ex 'City-rof- Melbourne.' The s.s v ; 'Macgr6gor'comes:directfromSan ciscov andasMae;about'*" \. the'\lOtlif ': Sydney.mails to : the>l.Gity,of^^lMelbourne/ /\V andl proceeds- : Souths' 1 Oir^retujnv s she Kp leaTes|oJrj Sai FmcisM September,.the timertable date.yThe s.s. •' '. J al)put'th e'2nii6f iinays to 'lOyphrenes/.andawaits tho ;V: arrival of ?the-'MacgregorA-'whea- : :} to' Sydney with the mails.—At; . ; . of .the. Imperial :■: Crown Gr.M.O._, held .to-day resolutions '.;?.s. wore passed'for'increasing the capital of the company from £50,000 lg' ThP Presbytery adjourhedi the; intended '; ; .ordination of ;.Mr MoEee, . for the Mongonui: oall, owing his'want:.; ? ! ;; yShar^nwtet.^Sales^J^hli: ; •Zealancl>.£l7s3.; CrownAprince;3o3v6d; Ooliban,^3s!i v :Bismarck, ss. ; Bayers Albion; \ Mpaptaiari,;;- ■>;? 40s; Old^Whaui:4ss ; Bird-in-Mjid, 30s, Sellers:. Bright;: Smile, 80s (, Ql\Mmm, : v!©); m2s6di J^^tJ;;;:; pj .'.. (jBOMiOUB .OWNiiOOaEBSPOHbBNT)^; ;^rW .' CqnbMiNpED^Wednesday^iSO^ The Tolcatea g'ot(662pzs 6dyf ]i of ; ; | gold for: specimens : hew reef is looking well, t-; ; % 1 ingl in the reel' feet wide. :The Epyal Oat, we;orusliingj|; at the Mljbattery^b 1 f : VM '. K^Mr-:Clmrle^h J : ,"No,^r ) !fia9r9plißd l ! i^it , ip s too^