INTERPROVINCIAL NEWS.

Ashburton Guardian, Volume VII, Issue 1697, 28 October 1887, Page 2

INTERPROVINCIAL NEWS.

Auckland, October 27. At the Bank of New Zjaland'a meeting the Chairman., apoeoh reviewed at length the oaaae of the depression. With regard to the non-payment of dlvideud, an event nnpreoedented m the hUtory of the bank, he shewed that the profits of the half year were rotained to ntrenghten the reserve against doubtful debts. The figures show tha coin and cash balances to be three million three hundred thousand (£3,300,0-0), and a moderate expansion of business nnder »U tbe prlnolpal beads. Franz Kammer, a commercial traveller, ent his throat this morning at the Governor Brown Hotel. Ho was removed to the hospital and will likely reoover. Kummer had reoently been m a depressed st»te and seemed beset with business trouble. N_-nbr, October 27. Herr Von Der Lassa arrived from the Hot Lakes yesterday, and played two games of chess with Mr Jaoobson, winning both Wellington, October 27. At the Land Bjard a letter from the Government was read, stating that Government do not ft tend to alter the laws relating to Grown lands m the direction of allowing original prices of forfeited deferred Elections to be reduced. During the absence of the General Manager of the Press Association m Sydney Mr G. Hampbrios will have charge of the Naw Zealand business. Westport, Ootober 27. Mr O'Conor, M.H.E., was entertained at a complimentary banquet laat night. Nelson, October 27. A small rash has taken plaoe at the Upper Takaka, where between thirty and forty men are now disging. Complaints are made of the want of a track to the Mount Arthur, tha diggers having to swat their "tucker." The news of the Owen quariz reef yielding payable gold, has oreated a very favorable impreiaion here. Ikveroakgill, Ootober 27. At a lunoheon on board the b.i. Balmoral Oastle, whioh will be the first steamer to take frozen meat from South* land direot to London, Captain Cbapman said that a great deal had been said about the Bluff being unsafe for large steamers. He saw no difficulty m navigating the harbor, and oould therefore conscientiously give it a good name. The steamer will finish loading to night, and leave .for northern ports at nodn to-morrow, She takes about 1000 oarcases from here, and a large quantity of prodnce.