NEW ZEALAND TELEGRAMS.
[Per Press Association.]
Totalisator Dividends. Wellington, This Day.
It ia understood that the stewards of the Wellington Racing Club will on Thursday adopt a scheme, dividing totalisator proceeds between first and second horses in proportions of 75 per cent and 25 per cent respectively. That they were prepared to do yesterday but, for technicality. Obituary. Auckland, This Day.
Inspector Cullen has received a cable that James Doull aged 59 was found dead at Port Macquarrie Sydney. He was the first Postmaster of Military Post and Telegraphs in Auckland. Water Power For Christchurch. Christchurch, July 9.
Hay's report on harnessing the Waimakariri as a supply for power and lighting for the city, is favorable to the scheme. The water required will develope 5000 horse power. Hejpoints out that there are certain risks as to the diversion of the river, interference by water-races and estimates the cost at £54,700, exclusive of pipes, turbines, etc. He has advised the Council to obtain the power with a view to leasing or selling it to a syndicate. The Council has decided to ask Collins, member for Christchurch to take charge of the Bill. Share Broking Control.
Wellington, This Day,
Representatives of brokers belonging to Christchurch, Dunedin and Wellington have been in consultation with Government here in regard to a Bill which is to bo brought before Parliament relative to stamping contract notes and other documents in connection with transactions in gold mining shares. The Government feeling that they are not receiving the full amount of revenue which should come to them mainly in consequence of jobbing being so common, have had a Bill drafted and are consulting Stock Exchanges as to its provisions. Lawyer Struck Off.
Wellington, This Day.
W. N. Cathro, solicitor, late of Feilding, was struck off the rolls on the ground of conviction for theft of £IOB4, the proceeds of a cheque given him to pay over to a Wellington firm and converted to his own use.
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Greymouth Evening Star, Volume XXXI, 9 July 1901, Page 3
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328NEW ZEALAND TELEGRAMS. Greymouth Evening Star, Volume XXXI, 9 July 1901, Page 3
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