AUSTRALIAN.

Te Aroha News, Volume I, Issue 50, 17 May 1884, Page 3

AUSTRALIAN.

Melbourne, Friday.— lt has transpired that the Oriental Bank is indebted to the Victorian Government for £195,000 on loan account, £155,000 on fixed deposits, £1,400 on current account, and £30,000 in drafts. Mr Service, Premier, lias written the associated banks contending that they are all jointly liable for any deficiency in tho public account that may arise by the failure of the Oriental Bank. No reply to Mr Service's letter has yet been received. Melbourne, May 9. — Legal counsel in this city have oppressed their opinion that the Victorian Government cannot enforce its claims upon the Associated Banks for any deficiency arising in the public accounts by the failure of the Oriental Bank, the conjoint liability upon which the Government based its claim being non-existent in point of law, Meiboukxk, Alay 12. — Ani\ed, evening : P. and O. steamship Parramatta with the Suez mails, dated London, April 4. Mr Service lias received a telegram stating that Sir Andrew Clarko will represent the colonies at the Conference on the Suez Canal government. The Australian Colonies havo sent by telegraph to the Imperial Government an identical note protesting against tho action of France, and urging the Imperial Government to use continuous and vigorous efforts to prevent the carrying out of the French proposals regarding recidivistcs. Sydney, May 9. — The New South Wales Government have decided to take steps to recover amounts due to the public account by the Oriental Bank. Sydney, May 9. — Messrs C. S. Ross and Co., of this pity, report the sale of cargoes of kauri timber, ex Vivid and Devonport, at the following average prices at per 100 feet super. :— Hewn logs, 11s 3d; sawn flitches, 14s 6d ; sawn boards, 1 inch, los 3d ; ditto, 1^ to 3 inch, los Gd ; dressed boards, £ inch, ISs 6d ; ditto, } inch, los 3d ; ditto, § inch, 13? 3d ; ditto, \ inch, 12s 6d. At per 100 feet, linoal, T. and G. flooring : 6 x l^,9s 3d; 4x I£, 7s 9d ; 4 x 1, osSd. Beach, who refused to row against Hanlan on the Nepean River, has now publicly notified his readiness to meet the Canadian oarsman on the Parramatta River within two months. Sydney, May 9. — New Zealand wheat per bushel, 3s 6d ; New Zealand oats, 3» ; maize, os 6d ; Sugar Company's No. 1 pieces per ton, £34. Adelaide, Thursday. — It is rumoured that a vote of want of confidence in Government will be moved in the House oi Assembly soon after the meeting of the new Parliament.