AUCKLAND.

Waikato Times, Volume I, Issue 51, 27 August 1872, Page 2

AUCKLAND.

I (FuoM OL'li OWN CoUUE.SroNUKNT. ) \ August 2(>. I Tuf. death of MY. William Powditch—;. very old \ colonist, and upwards of eighty years of age, took 1 place last Thursday at Kpsom. Mr. Powditch has ; lillcd a conspicuous rule in the affairs of the colony. j He was the tirst .Speaker of the Provincial CoiniciJ, j and subsequently received the appointment of i Dep'ity-l'rovinci.il Auditor, -which olhee lie held up jto the time of his death. His funeral, was largely ! attended by this leading citizens and others. j Mr. Mason delivered an address at Mr. Buck--1 land's store during the p-ist week on the subject of ; a patent taken out in JLiuglaud for extracting the ' grease of wool without injury to the staple. The ; issues were simply these : Ap< iionous liquid has ! to be applied to the greasy wool, and the aihnitv of I this llpiid to the greasy wool in the short space f i three minutes or less extracts the whole of the j j grease. The liquid is then re-distiiled and the grease i removed, whi<-.h will of itself pay tor the process iof op 'rations. Mr. Mason suggests that the tanners I of tue province should secure tho patent by form- ; ing an association, the purchase of it to be subject : of course to its being proved to be thoroughly eliieaeiou?. Without doubt the most successful lecture of the

; series given at the Young Men's Christian Associa- ' • rioii Rooms—both in point of attendance ami in- i i terest as regards the subject chosen—was that j I delivered on Friday last by Mr. (i. M. Heed. The ! : lecture was on "The Ridiculous," and during irs ' ; delivery continuous peals of laughter resounded j I throughout the hall as the lecturer gave utterance j : to some tolling point or presented the ludicrous aspect of a subject. i The melancholy effects of drunkenness have again ; been brought before us in the case of Airs. Mary i i Lamb, of VTaitakerei, whose death arose from con- i ; tinned intemperance. Such crises have an addi- : tionally saddening effect, when the habit is fostere 1 by those holding a license to sell alcoholic liquors, j as appears from the evidence to have been the case ; in this instance by the landloid of the Sportsman's i i Arm-s. From the evidence it appears that the uu- i fortunate woman had never been sober for a month, I : and that she had procured the drink from the j . hotel. An attempt has mule by Furley in a | ■ letttr to the papers to clear himself of the oniia of j the charge. Jiis statements, however, have met ! : with a tiao contradiction at the hands of Mr. John I j Mo Leo. - !. Tne publican has since been charged j ! with a breach of the Licensing Act for SamUy j : trading but the police were uuabie to establish I i their case. I ; _ The weather has been very unsettled for the past j I few days, anil on Saturiay a little damage was ; (done to the shipping iu consequence of a strong I j nor'-wester blowing in the harbour. ° I ; The Secretary to the Harbour Board, Mr. Lowe j ; —the gentleman who attempted the '' squaring " : : ot the prosecution re the Green Harp—has got j ; himself into hot waber. It appears he was under ', : the impression that the dignity and influence of ! • his position eudcled him to favoii'S at the handd ■ ■ of t!ie Press, ami accoi'diugly he wrote to the Cross \ I requesting that they would suppress anything in j i their reports likely to affect his position—which ! j they did not. Ou the contrary his mo lest letter j I was published, and the issue is likely to be that an ! J inquiry will be nude into the truth of the atiui: , . j

"" ■"■■"""., _ _ in iiiwiii im mi.il, m i i The shircmarket has been — like the weath'v . unsettled during the Meek. Caledonians have I fluctuated from O) to {..X5, .at which latter prh-e | a few were sold, althoujh they have tc.ee re-'-de.l ■ ;t> C.'U. A rise beyond'thathgure w>is generally » i expected, ns accounts from the mine state it to be •! In ,king well. Alth.ngh daily it is expected that • j the shot of gold will bo pick el up iu the low level. • | yet speculator* are wary. Fxi>c-ic:iee has fright • wisdom to an extent at last, and it re juires some- ; j thing more than a fc.v "privae" t:de jr.ir.r, no.v j to ciuse shares t > reach the fancy price they did !of old. Notwithstanding a hundredweight or so ( j of specimms are oce wion illy got from the Cure ;' miuv! s'r.i.is have re ;e le lin jiriee. They ;\-■ 1 j seiiiug at *.".. ) 4s. In o:h-r stocks t'.icre is little j doiiig, e-veept for a speculative ri.s:\ (ireit coni- . [ilaiuts are mile bv sp.'eulatois of th-.j high rate j of cimniisdon eh irged by brokers, an i I think with roiso-i. (•);, ;li [ tr.-oisa ;tious -2\ per cent, is ! charge.!, tu: ed':et of waieh is that sne.'ula'. ion |is restricrel. Jn f, v ; t it is h..vniu ; ug'generally ; patent tlr.it the brokers stan I iu the relationship ; (au I I hope the compirison won't be consider 1 , ! "odious") to tlio speculators of the "tablo" ti i \ n S'-'t "f "pool" ]>layers-i.'., tile "tibh-"' j (broke-) com-s out the winner of the pro:i;s | without the risk. So it is w.th the brokers, an 1 ! by sonic a Iroit mimoivriug the in irket is so ; workel that the a Ivair-c in price is just stilHcitmt ': to e laiile these geutlemju to make their per ; cut. at the ex()en.?3 of the investor, and to keep | the bail rolling. It is a great pity tint the Ac ' that gave than a monopoly in the business dies ; not fix the rate of per ccutage. With plenty j of aisnranee and au c-listic couscieuee, 1 know I of no better money-making game under t!ie sun, i and it has proved a dr.mier mi >rt U> not a few who i had found, lii c ,j Othello, " their oceup ition gone" ■ j in oilier walks of life. ,