CABLE NEWS TO THE “MAIL.”
(per reuter’s agency.)
Victorian Finances.
Melbourne, May 80.—In the Legislative Assembly this evening, Sir Bryan O’Loghlin, as Colonial ' Treasurer, ;introduced his financial statement. He estimates *the revenue for tbe present financial year at £5,520,000,. and the expenditure at; £5,570,000. For the year 1881-82 the revenue was £5,560,000, and the expenditure, was £5,370,000. The statement proposes a reduction of duties on beer and'tea, and also a reduction of the present • postage rates. . It was further proposed to. vote \L120,000 for the defence force, and LIOO,OOO for irrigation. Hr! i ANOTHER LQAN^ Railways are returning 4 per cent. A loan of four millions will be placed on the London market in January. • 4 Australian Eleven V. Cambridge. London, 1 29 tb.-r?A cricket match was commenced at Cambridge between the the Australians : and of ;Gdm-; bridge University to-day. The AnstraUwis went •. - In. firsthand; y?ere; all'.dig-/, posed of for 139. The bowling of the Cambridge men was dead on the wicket, and their fielding excellent. Tbe University eleven then went in, tdip'ther 187 for the loss of only four Eckels. O. T. Studd js not; tout for 857 *' J ‘, ,7.
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Bibliographic details
Patea Mail, 31 May 1882, Page 3
Word Count
191CABLE NEWS TO THE “MAIL.” Patea Mail, 31 May 1882, Page 3
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