VERY LATEST.

South Canterbury Times, Issue 2996, 2 November 1882, Page 2

VERY LATEST.

' THIS DAY. [Received Nov. 2,1882, 12.30 p.tn.] SHIPPING. • Melboitene, This Day. Sailed, yesterday afternoon—Steamship Wairarapa, for the Bluff. GRAIN MARKET. Malting barley is firm at 5s 2d to 6s 4d ; wheat is weak at 6s Id ; New Zealand oats are quiet at 4s 2d to 4s 4d for feed, and 4s 4d to 4s 6d for milling, i THE NEW SOUTH WALES BUDGET. Sydney, This Day. In the Legislative Assembly last night, the Hon. James Watson introduced his Financial Statement. After referring to the increasing prosperity of the colony, he stated that the revehiio for the past year amounted to £7, 160,914,and that there was asurplus of £1,827,695. The estimated revenue for next year was £7,356,290, with a credit balance of £580,351. Government proposed to remit a number of specific duties on household requisites, and builders’ and manufacturers’ material. Further railway construction -to the extent, of 710 miles will be proposed, besides) various extensions of the tramway system.- It will not be necessary as was supposed, to float another loan next year. The treasurer concluded by stating that the revenue for 1882-83 may probably reach £8,000,000, ■

THE COLONIAL DEFENCE. Brisbane, This Day. _ The Legislative Assembly has passed a vote of £70,000 for defence purposes. ‘ The estimate includes the purchase of two gun boats. [Received Nov. 2,1882,1 p.m.J THE WOOL MARKET. : Melbourne, This Day. Messrs Goldsborougli and Co. limited, during the recent wool auctions have 501d.5317 bales out of 7177 catalogued. There has been a largo, attendance of buyers, and brisk, competition throughout.