AUSTRALIAN NEWS.

Manawatu Standard, Volume XI, Issue 1675, 3 April 1886, Page 2

AUSTRALIAN NEWS.

(ELECTRIC TELEGRAPH.— CJOPIBIttHT,) |(REUTER's TSEEQBAItI.) Mblboubnb* Friddjr. The Argus this morning publishes aii authoritative denial of rnmours which, has been current here, to the effect that the defalcations of Holt, tbt Sydney manager of the Bank of New Zealand) amounted to between one and two | hundred thousand pounds.'. : 1 Correspondence between Victorian. Government and thai Imperial authorities^ on New'HebndeßqaeW6n'p¥bl»h'eT{o^ day. Included is a telegram despatched on the 24th March by the ureraier Hon. Duncan Gillis, to Mr Murray Smith,. Agent General, stating that if surrender of New Hebrides to France; was "allowed to-day by Great Britain, AustraliaSrould ' assuredly take them back when she was able > ■-•■ ; The quarterly revenue returns; published to-day show that the total revenue for the past three months to have beem 41,000,780, an increase on the corresponding quarter of last year of £102,000. The Customs and Railway revenue show an increase of- £52,000 and rff spectively, while the Land revenue has decreased by £41,000. " ' " { ' • '■ '■'■■■"'i Sydney, Friday. The quartely revenue returns show that the total revenue amounted to £1,630,000, a decrease on the corresponding period of 1885 of X*96(M). Th» Customs and excise skow an increase, . while the land revenue has decreased. Adelaide, Fri4»y. „.-. The quarterly returns published today give the total revenue for the past quarter as £448,000, being a decrease, of r of £213,000 as compared with the corresponding period of last year.. The railway revenue for the quarter shows'* falling off of ,4550,000. It is considered inevitable that there will be a lanje' de. ' ficiency for the financial year. '