REUTER'S TELEGRAMS.

Kumara Times, Issue 1988, 12 January 1883, Page 2

REUTER'S TELEGRAMS.

By Electric Telegraph—Copyright. BRITISH AND FOREIGN. THE NEW ZEALAND ONE MILLION LOAN FLOATED. AMOUNT OFFERED, £1,520,000. THE VICTORIAN LOAN. BANK DIVIDEND. CETEWAYO ARRIVED HOME. (Received January 12, 1.10 p.m.) London, January 11. Tenders for the One Million Four per Cent. Loan for New Zealand were opened to-day. The total amount offered was found to be £1,520,000, at prices ranging from the minimum of 99*- to 101. Tenders at 9S and 9-16ths will recotve allotment to the extent of of 78 per cent. Tenders above 98 and 9-16ths will receive in full. (Received January 12, 1.30 p.m.) January 11. It is understood that further applications have been received for a small amount of the unallotted balauce of the Victorian loan. The English, Scottish, and Australian Chartered Bank has declared a dividend of 4J per cent, for the past half year, and carried £IO,OOO to reserve. (Received January 12, 1.10 a.m.) Capetown, January 10. G'etewayo, accunpanied by his escort of British troops, has arrived at Port Durnford, on the coast of ZuluLtnd. LATEST AUSTRALIAN NEWS. CRICKET.—AUSTRALIANS v. 18 OF BENDIGO. CHARGE OF "JOSTLING" VICTORIA. NEW SOUTH WALES ELECTIONS. (Received January 12, 1.10 a.m.) Melbourne, January 11. Tho cricket match between the Australian team and Eighteen of Bendigo was concluded at Sandhurst to-day, and resulted in a victory for the former by ten wickets. (Received January 12, 1.30 p.m.) January 12. The Australian Insurance and Banking Record has an article commenting on the New Zealand loan. It draws attention to the date of issue and the minimum, and says that it looks like an attempt to "jostle" Victoria. The Record adds that it is the first time in the history of the colonies that such proceedings have occurred. (Received January 12, 1.10 a.m.) Sydney, January 11. Mr J. S. Farnell, Secretary for Lands has been re-elected without opposition.

Mr G. 11. Reid, Minister of Public Instruction, has defeated his opponent Mr Elkington by a large majority. LATEST TELEGR AMS. [NEW ZEALAND PRESS ASSOCIATION.] Oamaru, January 10. A news boy named Arthur Bird, while passing from one carriage to another while the south express was in motion, fell on the rails and was killed. THE STOLEN DUNEDIN WATERWORKS DEBENTURES. Dunedin, January 11. In Massey's case_M_r Stout prosecutes and Mr Fitchett defends. Mr and Mrs Masaey have been charged jointly with stealing waterworks debentures. Mr Stout opened the case at great length. He said a number of waterworks bonds were prepared in duplicate for exchange and handed to Mr Massey, who was then Town Clerk, and who retained them. After Mr Massey-left the Corporation's emplo) r , the book referring to the water-works debentures could not be found, and when he was written to replied that he had kept no books. After his arrest the book was found at his house. Duplicate bonds were sold by Mrs Massey in Melbourne, and to show that her husband was aware of her action, counsel read a memorandum of sale results taken from Massey's pocket-book found on him when arrested. The case for the prosecution was this—Massey obtained bonds ready for exchange; that he left the Town Clerk's office without delivering them up to Mr Gibson ; aud that these bonds, which were intended for exchange, were afterwards sold in Melbourne by Mrs Massey with his knowledge, and that he reaped the rewards of her sale. The case is exciting great interest here.