AUSTRALIAN NEWS.

Poverty Bay Standard, Volume X, Issue 1113, 3 August 1882, Page 2

AUSTRALIAN NEWS.

[Reuter’s Telegrams.] ADELAIDE. August 2. The Hon. Lavington Glyde, Colonial Treasurer, delivered his Financial Statement in the Legislative Assembly last night, and showed that the revenue for the past financial year was £2,102,006 or £173,000 above the estimate. Increases were principally in Customs and Land Revenue. Expenditure for the year was £2,132,000 including bonded debt of £521,000. Expenditure was £154,000 over the estimate. The Treasurers estimate of revenue for the current year is £2,162,000 and expenditure is £2,247,000. He expects a deficit in 1883 of £28,000. He proposes to raise a loan of one million in October next, and is satisfied that the same can be obtained at par. He expressed his disappointment at the slowness of increase of population. The imports for the year exceed the exports debt of the Colony, and amount to £12,000,000, equal to £43 per head of population. In order to cover the deficit the Treasurer proposes to tax land in outside districts belonging to Councils and Corporations and to levy a penny stamp duty on cheques. MELBOURNE.

August 2. Malting barley at 51s. to 535. Arrived this morning, Union Company* steamer Rotomahana from the Bluff.

This Day. Telegraphic service with Europe is at present subject to considerable delay along the Teheran route, and great irregularity exists in the time oooupied ip tbp transmission of messages. These, although despatched from London at regular intervals, generally arrive bore in a bale!;,

The trial of the men who were arrested on a charge of burglary at A. Vanski’s (jeweller) shop, in Lonsdalestreet, was concluded yesterday, but the jury were unable to agree upon their verdict. Harmony has been restored in the Naval Reserve, and the men who withdrew from the force are now rejoining. SYDNEY. August 2. Arrived : Last night, Union Company’s steamer Manapouri, from Auckland. The Northern Railway Extension, from Tamworth to Uralla, 300 miles from Sydney, was opened to-day by the Hon. Robt. Wisden, with customary honors. Robert Warnes, arrested by the police, on a charge of having absconded as a bankrupt from Oamaru, New Zealand, was brought up at the Police Court to-day and remanded ; the issue of an extradition warrant being withheld until the arrival of furtherjevidence.