BY ELECTRIC TELEGRAPH.
(From the New Zealand Press Association ,)
Wellington, October 23. The Japanese drew an immense house last night, , . NaGer, October 33. The Luna has arrived from Tauranga and Poverty Bay. She reports that the Native quarrel on the Bast Coast has been settled. Captain Porter successfully settled the land boundaries between the disputants. The Luna sails for Wellington to-day. Invercargill, October 23, The schooner Nancy has returned from a six months’ sealing cruise at the Auckland Islands, with only half a tun of oil and 150 skins. The passage up occupied ten days. Queenstown, October 24. Three more men have arrived from Martin’s Bay. They report that on Friday night the steamer had not arrived. They were so weak that they bad to take a “ spell” on the road ono day. They reported that death fr'6ra starvation was imminent when they left, especially among children. The Wakatip Mail is threatened with an action for libel by Messrs Malaghan and Betts, for “Rambler’s” letter, that appeared in the last issue. Ttmaru, October 23. The agricultural show to-day was a great success, the entries being more numerous than last year. The weather was fine, and the attendance -was more numerous than in any former year. The cup, value L3O, for merino sheep, was taken by the Canterbury aud Otago Association (Levels) ; the cun, Vfyiue for long-wooUod sheep, by Mr Jdbn Grrgg ; and the cup, value LlO 10s, for cattle, by Mr W. IT. Slack. The show of horses was better than in any former year. The winner of the cup is not yet decided.
Auckland, October 23. The half-yearly meeting of the shareholders of the Bank of New Zealand was held' to-day. The net profit during the halfyear was stated to be L38.7G0 odd, in addition to a balance brought forward from the previous year of T/6UI). A dividend w w s declared at the rate of 10 per cent, per annum, absorbing L 30,000 together with a bonus of 2s Gd per share, equal to 24 per annum), which will absorb L 7500. The ' balance of LBB6O was carried forward. The Chairman, in reply to questions, commented on the abundance of money lying idle in the oank, which could not employ it here, and
therefore waa forced to employ it in other parts of the world. The Bank had no fear as to holding the leading position under any circumstances. He thought it would be better for the interests of the Colony if the surplus capital were used in the formation of a second Colonial Bank when necessary ; but the proposed National Bank would be really a foreign one, though under a Colonial name. October 24. The ship Robert Henderson has arrived from London with twelve passengers, after a voyage of 124 days. The navvies on strike held an exciting meeting to day ; 200 were present. It was resolved to stand out for eight hours for 7s a day ; and it was further determined to forcibly prevent those now working from continuing to do so.
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Evening Star, Issue 3020, 24 October 1872, Page 3
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506BY ELECTRIC TELEGRAPH. Evening Star, Issue 3020, 24 October 1872, Page 3
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