PROVINCIAL.
Dunedin, May 8. •• Tiie half-yearly report of the National Insurance Company for the six month. ending March 31, i. just published. Alter dedncting various charge., £17,230 is left to the credit of profit and lobs. Tho Directors recommend a dividend of ten per cent per annum, which will lcavo a bai. nee of about £2500 to be carried to the Reserve Fund. Mr Rei-l, the Provincial Secretary, made his statement of the Government policy in the Council to-day. It was their intention to apply to the General Assembly to have a loan raised by the Colonial Government f r the province to enable the latter to carry out the large branch railway works already undertaken and proposed. The Government look d upon tha deepening of the Otago harbor so as to enable the largest ships to be brought up to Dunedin as a truly provincial
18. _ "' ' = ■ ___— : ______ wojk, and would assent to the utm- st to crry it out. The Government would try to obtain an alteration of the laDd lays so as to throw opeouno-e than 80,(00 acre, annually under *thej«hrred payments system The "blocks We' .irTiaJj^iß-*cted with biotks of land to be purchfljßß»Cash .o as to enable men with familief^H&rji greater quantity than 200 '"■»'., J - WELLi^aaflN. May 7. The f?»ldp-^j^ , a ii«K__^_?W a-e to be released tg^ffinHHßf_ic^hip admitted to . The passflQjPPß receipts m the Hutt Railway ftoj. the t-ttn to the 30tn of April inclusive an_o|n(el to ov_er £3fo. Mr Gil'on,*ihe editor of tb"e Evening Post. was 1 .st right given a dinner and presented with a testimonial consisting of a purse of sovereigns by the publicans of Thorndon, in recognition of his journalistic services. MBy 8. -m I t^s stated that Mr Lemon, the Superintendent of the Telegraph Department, i*. perfecting a system 'of his own for sending two message, simu taneously upon one wire. The ex* eriment has been successfully tried between Wellington and Nap'er. Messrs Steele and Keogh have commenced an action for damages for libel against tho JTribtttie. ■HP.-. Auckland, May 8. • ?Gcprge Bray and his father-in-law who were digging {.ravel at Mount Albert, have been burie.i by a fall of stone The City Council to-day resolved to apply for a loan of £50,000, on the security of endowments for city improvement. Mr Li uck'and reports fat cattle, best, 35?; average, SO*; inferior, 255, per 1001 b?. Full--bred ewes, 20s; half-bred, 245 ; fat sheep, 3fi to 4rl per lb. Lambs, 9s to lis. Mr Alexander Saunders reports sales of Caledonians at £11 6s; Whau, _S5 10s. Buyers : Imperial Crown, 20s ; Alburnia, 445; Otago. 13*- 6d. Bellers : National Bank, 675 ; National Insurance, 325; Thames, 70s; Caledonia, .Sll 2s 6d. Alexandra, May 8. There is now a cecret meeting going on at Kuiti amongst all the principal chiefs, none others allowed to be present. The aukati i& strictly kept at Kopua. A number of friepo> lies on their way up to visit thoir relajtiona weie turned bsck this morning, Jr
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Bibliographic details
Nelson Evening Mail, Volume IX, Issue 109, 8 May 1874, Page 2
Word Count
494PROVINCIAL. Nelson Evening Mail, Volume IX, Issue 109, 8 May 1874, Page 2
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