AUSTRALIAN NEWS.

Feilding Star, Volume XI, Issue 109, 8 March 1890, Page 2

AUSTRALIAN NEWS.

By Electric Telegraph. — Copyright. (PER il NIXED PItKSs AW.CI ATION. ' Sydney, March 6 The following are the current quotations for the principal silver name shares : — Broken Hill proprietary £13 15s (on a new basis) ; British Broken Hill £5 12s 6d; Centra]^ £13 Ids; Broken Hill North, £1 18s; South, £7 8s; Block No. 14, £7 11s; Block No. 10, £14 Is ; Junction, £6 6s. An examination of the steamer Sikh since she has been docked shows that she had a most remarkable escape from being wrecked when she struck the rock in Torres Strait on the voyage from China here. The third and fourth rows of the plates are dented for 13in, and the nyuts are toru out for 40ft on the port side, and for 22ft on the starboard side. The dents appear as if the vessel had passed between two rocks, which had crushed her sides in. It is cdnaidered that if the hull of the Sikh had been of iron instead of steel, she .would have instantly gone down. Mr Henry George, author of " Progress and Poverty," who has arrived here from San Francisco, yia Auckland, met with a good reception. O'Connor states that he is anxious to meet the best scullers in Australia as soon as possible. MrDeeble offers to match Stansbury against O'Connor for £500 a-side. Beach is of opinion that O'Connor is not fast enough for our best 'scullers. ' . March 7. A Victorian syndicate has purchased Mr .1. White's yearlings. O'Connor has challenged the winner of the Kemp- Matterson match and will then give Stacsbury a chance. Bbisbanr, March 6 No rock has been discovered where steamer Quetta sunk and it is considered possibly that some internal explosion may have caused the sad disaster. The testimony is uniform as to the very slight concussion ; only tremendous grating was heard. The Captain remarked that the first intimation of the catastrophe sounded like the bursting of a tank, followed by a grating sound. The Quetta's cargo was insured in the New Zealand office for £1300 and the National for v £2745. : '■ l "