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AUSTRALIAN NEWS.

; ■ ■ - ■ : ♦ ■ By Electric Telegraph.^ — Copyright. Stdnby, Febrilary 26- --' The floods are abating. The steamer Sikh has a quantity of cargo for New Zealand. . During the voyage she struck a rock in Torris, Straits and leaked freely.' The cargo, which is mostly sugar, is believed to be sen ously damaged. , The Government statist estimates the wheat crop of the Colony at 6,460,000 bushels giving an average of 15.86 bushels per acre. The average of the past 28 years is 1288 bushels. After making an allowance for seed he estimates that 1 ,487,000 bushels will have to be imported for local requirements. : L Melbourne, February 26. Nathan's furnishing" warehouse was destroyed last msrht. Damage £50,000. It is insured in the New Zealand offices for£ 12,000. Other insurances" are unknown. ■ Insurances on Nathau'9 warehouse, destroyed by fire, are — £26,000, reducing the loss to £25.000. Correct list of risks held by New Zealand offices ie^-South British £6000 New Zealand aud Colonial £500 each. 'V,y.. . ' -.'■•" .

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18900227.2.10

Bibliographic details

Feilding Star, Volume XI, Issue 105, 27 February 1890, Page 2

Word Count
161

AUSTRALIAN NEWS. Feilding Star, Volume XI, Issue 105, 27 February 1890, Page 2

AUSTRALIAN NEWS. Feilding Star, Volume XI, Issue 105, 27 February 1890, Page 2

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