MINING NEWS

Observer, Volume XI, Issue 700, 28 May 1892, Page 16

MINING NEWS

By Obadiah, the Scbibe.

Teat in the opinioa of this meeting the manager of the Saxon should be clothed with that garment called the sack ! Thus spoke the King of the conference, and ten others with him. Crime : he owned an adjoining property and wanted to dispose of the same to the highest bidder. Did any of the stockholders at that meeting become shareholders for any other purpose tnan money- making ? If so, please send along their photos, and let them be immortalized in print by the Bio. of this paper. The fact that the owners of the Queen of Beauty have had protection for some time to try "and introduce foreign capital is surely- no crime, or in no way affects the payable nature of the rock in the Saxon reefs. Why then the row on a report brought up by a committee of which the king "was a member ? Why did not that "report make some recommendation if there was anything against the management ? They simply declined, and I think rightly, to purchase the property at the owners' price. Their offer being declined,~ the suggestion to have the company wound up was quashed as . soon as put, notwith' standing the legal luminaries whose names were attached. The amalgamation of the Trbmon and May Queen may be looked upon as an accomplished fact. Will the Queen of May swallow the Queen of Beauty or any portion thereof before it is satisfied. Just likely. The Albubnia has changed managers and made a call. The latter will produce bullion if the former cannot. Oblando have started their low level. This will some day be the key to the hill, and if it does not produce payable rock then good-bye Punga Flat and the surrounding district. Thames coal consumer has started again, the water having reached the 400 feet level. What a pity such a structure was ever invented. It must have beea put up to make mine ownerß remember they were brought into existence for the special benefit of the coal mining community north of Auckland. Thousands blown up the chimney yearly has kept them busy. I see Pashas Hicks and Baker— I thought the Arabs had killed them— are to visit the Consols to console the callpaying shareholders and get them to fork out and pay off their liabilities. This must be done, and the legal manager is just the cuss to get it done pleasantly.

Professor Golledge, member of the British Phrenological Association, is to deliver a course of four lectures commencing this week. It was the professor's intention to have left last Saturday for America, but as he was doing splendid business, he decided to defer his departure, At his lecture last week, Archdeacon Dudley presided, and the audience was' large and appreciative. Testimonials have been given by our leading lawyers, which indicate that the professor is an adept at his profession.