INTERCOLONIAL.

Nelson Evening Mail, Volume XV, Issue 193, 14 August 1880, Page 2

INTERCOLONIAL.

Stdnet, Friday. News has come to hand via Noumea that the Native King of Tahiti has abdicated, and that Tahiti has been proclaimed a French colony. Sailed— Zealau lia, for Aucklaud, yesterday. Kerosene, Diamond, la 7d to Is 8d; Patna j rice £24, New Zealand wheat 4a lOd, New Zealand oats Is 9d to 2s ; Raveu's twist tobacco Is 5d to Is 6d; candles D.R.J's. 6|d to 7fd;. Adelaide, Friday. Wheat 4s 2d to 4s 3d; flour £9 15s to £10. A limited business only is doing. Brisbane, Friday. The Treasurer introduced his financial statement in the Legislative Assembly last night. He estimated the revenue for the present year at £1,633,500, and the expenditure at £1,690,000. Iv order to cover tbe deficiency he proposes to increase the quantity of laud to be sold, and to increase the export duty on cedar and the import duties on tallow and stearine, and the excise duty on rum to teu per cent. Various articles in the tariff will moreover bo altered from fixed to ad valorem duties. He anticipates a surplus of £32,500. , The sum of £317,000 will be transferred from the loan account to the consolidated revenue, leaving the latter in credit. The Treasurer's proposals are generally approved of. Melbourne, Friday. Ned Kelly has been brought lo Melbourne from Beechworth.