PROVINCIAL.

Nelson Evening Mail, Volume IX, Issue 102, 30 April 1874, Page 2

PROVINCIAL.

Auckland, April 29 The half yearly iruc ing of the Bank rf Now Zealand was h_l«) to-i»y. The report stated that the n-t n*oSt to the 31st of Mb.cli (after making an allowance for bad debts, nud depreciation of Bank properties) was £ » 1 ,620} the balance of uniividcd profl', £?,592-«, making a .-til avsilable ior division of £50,712. The following was r commended — A ten per cent dividend '"(£30,000); a bonus of 2_ per cuit (£7,500); nnd the balance (£1 *„*<* !•_) carii«l to pofit and liss new account. The report was adopt, d. . .. . April 30 - Mr Alexander Sounders r«por s sales of Albumin, new, at 48a 6'; Ca'cd'-nlan, £9 ss ; City of Loodon. 21s; Whau, 97-" 61; Cuie, 10b. Buyers: National Bank, 693; National Insurance, 3 is. Sella. : South Britis!*. 53s*. Dunedin, April 30. The Provircial Council was opened yeste*day Amongst measures pn posed are the following :— Deepening th* Harbor of Otago, aud opening a bun Irel thousand acres of land annua I !}' on deferred payments. Steps are to ie taken lo gire miners freehold lanl tbey mine on, so a>» tj stop the destruction of ths surface of tbe country. An asylum for inebriate*, and an industrial school for criminal children. Several new* lines of branch railways are to be conttructed by money borrowed on specific blocks _f lan.l. It ii proposed to raise the price of land to £2 per acre. Blemheisi, April 30. Charles Redwood s stables w. re burnt down early yesterday morning. There were no hors.s in them. Rotoroa, April 29 . The r-'ntivc meeting projeedings tonsisled ctiiefl/ of th-i prtsen'.ation of mats to Mr Maekny and othe* Europi a- s The speeches generally were in favc r of leasing lands, and of a Corporate Government for the Maoris. GItAHiMSTOWN, April 30. The Star correspondent at Ohinemuri rep rts the threatened row amongst the Eirewer.s as not coming off. The native disputants have the cage t» arbi'.ration by the Ngatimnnu tribe. All parties are, however, prepared for .he worst.