LATEST AUSTRALIAN NEWS.

Kumara Times, Issue 2520, 18 July 1884, Page 2

LATEST AUSTRALIAN NEWS.

[REUTERS TELEGRAMS.] By Electric Telegraph.—Copyright. >_. _< VICTORIAN TREASURER'S FINANCIAL STATEMENT. SICKNESS IN VICTORIA. ORIENTAL BANK LOCAL AFFAIRS. TASMANIAN TREASURER'S FINANCIAL STATEMENT. (Received July 17, 11.30 a.m.) Melbourne, July 17. The Colonial Treasurer made his financial statement in the Legislative Assembly last evening. It showed that the revenue during the past financial year amonnted to £5,900,000, and the expenditure to £5,800,000, the former amount being £150,000 above the estimate. The total revenue from railways amounted to £2,080,000, and the income from this service together with that from the supply of water was equal to 4 per cent, on the total indebtedness of the colony. The Treasurer estimates the revenue for the current financial year at £6,490,000 and the expenditure at £6,400,000. He proposes to iucrease the excise duty on spirits by two shillings per gallon. (Received July 17, 2 p.m.) In his financial statement last evening, Mr Service confirmed the fact that the Oriental Bank annex to Victoria is £438,000. He expressed the belief, however, that the colony would lose nothing. He announced that Government intend to terminate the existing agreement with the Associated Banks. The debt of the colony now amounts to £27,500,000. (Received July 18, 12.52 p.m.) July 18. Further cases of doubtful sickness which are now prevalent have occurred at Hotham and Mount Gambier. The patients have been isolated. Judge Molesworth has made au order to stay the winding up of the local affairs of the Oriental Bank. (Received July 17, 2 p.m.) Hobart, July 17. The Treasurer made his financial statement last evening. He estimates the revenue for the current year at £573,000, and the expenditure at £17,000 less. Sydney, July 17. Sailed, this afternoon, the Pacific Mail steamship Australia, for San Francisco, via Aucklaud.