LATEST TELEGRAMS.
[PRESS AGENCY. I Dunedin, May 24. • There has been more inquiry fur wheat during the last few days, but no transactions' of importance. Quotations range from 4s to 4» 6d ; oats, 3s 4d to 3s 6d ; barley, 5s to 5s 6d for good ; very choice, 6. Mr Bradshaw reports—Bank of New Zealand shares, .£23 15s; Colonial Bank, £2 13s ; National Bank, £3 17s ; Standard Insurance, 235; National, 28s ; South British, ,£3 15s; ■ hipping Company, £3 15s ; Guthrie and Larnach factories, £2 10s. Mr Donald Reid addressed his Outram constituents last night on the question of capital and labor. He warned his beams of the injury which would result from attempting to trerft capital unfairly. The following resolution was carried, there being only two dissentients, “That this meeting expresses its deep regret that Mr Reid should have seen fit to retire from political life; that he had the full confidence of the constituency, and especially of West Taieri, and while thanking him for his speech they hoped that, if it be possible, he may still continue to represent this constituency in the Assembly.” Wellington, May 24, It is stated that Mr Cai rufchers, late Eugineer-in-Chief, has finally severed his connection with the Government, and received £llsO, being one year’s salary in lien of a year’s notice. A published despatch from the Secretary of State expresses satisfaction at the accounts he has received unofficially of the liberality of the colonists towards the Indian Famine Fund, and requests the Governor to report the amount sent from New Zealand. Lieutenant de Patourel has been gazetted as Private Secretary, vice Oapt. Maling. Invercargill, May 24. An official inquiry into the loss of the barque Ann Gambles was held before the Resident Magistrate and Nautical Assesor. The evidence of the captain, officers, helmsman, and pilot was taken. It tended to throw blame on the captain for rashness in attempting to make the port after dark without a pilot. The Board reserved its decision.
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Bibliographic details
Kumara Times, Issue 518, 25 May 1878, Page 2
Word Count
329LATEST TELEGRAMS. Kumara Times, Issue 518, 25 May 1878, Page 2
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