The Wairarapa Daily. TUESDAY, DECEMBER 4, 1883. AUSTRALIAN BANKING.

Wairarapa Daily Times, Volume 5, Issue 1551, 4 December 1883, Page 2

The Wairarapa Daily. TUESDAY, DECEMBER 4, 1883. AUSTRALIAN BANKING.

The various banks of the Australasian Colonics yield an annual profit of considerably over a million pounds per annum. If to the profit be added the cost of manageniout, it would probably be found that the colonists of Australia and New Zealand pay nearly two millions a year for their banking accommodation. Tho total, too, is increasing year by year, • The public are always liko Oliver Twist, asking for more, and the Banks have to put their foot down in order to keep their advances within the limits of their resources, It is, however, to the credit of the Banks of the Southern seas that during the past seventeen or eighteen years not oneof them of any importance has come to grief. Their stability has contrasted favorably with that of similar institutions in Great Britain and America, Of late years there has been some strain on the Banks to find money for land purchases and overiniportation; and the high prices which have had to bo paid by borrowers have been an indication of a tension which it is hoped will be soon relaxed, It is said that tho demands for advances stil! continue unabated, and that while this pressure is to a certain extent met there is no corresponding enlargement of deposits or other banking funds, There is, however some blue sky in the distance, Steam communication is being rapidly substituted now-a-days for sailing vessels in tho carrying trade between the colonics and the Mother Country, and this consideration alone roust lead to a material mitigation of monetary pressure. Produce now is reaching England in half tho time it formerly took en route, and consequently the returns from it aro remitted back much more promptly and where this is the case there must bo a corresponding diminution of demand for banking accommodation, Steamers are running sailing vessels off the highway to England, and in doing this they are setting free the capital which was formerly locked up by long voyages. This indirect advantage contingent on the meat export enterprise is one of vital importance to us, as its tendency is to produce a financial equilibrium and to relax the tension in the money market which is keeping bo many noses to tho grindstono.

& meeting of the Licensing Committee of the Greytown Licensing District was held at Featherston when the application of E, H, Buckeridjje lo transfer the license of the Martinborough Hotel to Mr Orr, was granted. An application by Geoivo Oroot for an accommodation license for the Lake Ferry house was also granted. Tim next outgoing San Francisco mail closos at Mssterton on Saturday next. Mr J. Blatchford of tho Opalci. offers for sulo a combined reaper and mower by Hornsby.

The City of Sydney with the November English mails, left San Francisco for Auckland four days late. If it does not mako up this delay on the voyage, it will be almost Christmas day bofore wo get imrletlors in Maatorlon.

We would remind intending exhibitors that Thursday is tho dato of the Spring Show of the Greytown Horticultural Society, and from what wo can gather, it promises to be a very successful one, notwithstanding the lateness ot the season, It is meant to be exceptionally attractive for the public

Tho Mastorton Opaki Jockey Club gate tariff is published in another column, and notico is given ilmt horsea tetherod or tied in the flax wiil be cnt loose and turned on to tho road. This is to protect the owner of thu liorso yards, and also to prevent novate sinking uu to the course and possibly causing uccidonts,

The Greytown Cadet Fife and Drum band has been re organisod and will be in activo praciice again in a week or two.

Mr H. Pearson's private band has been ongaged to play at the Mastorton-Opaki Jockey Club meeting on Tuesday and Wednesday noxt. The annual muster parade of the Greytown Rifles will take place this evening, when all arms on issue will have to be produced for inspection. It would be unnecessary to say that every member must bo present.

An inquest will be held today at the Greytown Hospital on the body of a boy who i-xpired there yosterday, a few hour after being admitted, The deceased was sent from Feaiherstun, suffering from an internal disease.

A meeting of llio committee appointed to represent Mnstoilon in the negotiation with iho Wellington Woollen Company will be held at the Club Hotel to-morrow evening at 8 p.m. The deputation which recently visited Wellington has a very encouraging report to make, and the prospects of tho Masterton interests being secured is an excellent one, as the feeling of some of the leading Wellington shareholders in the company is that Masterton is tho best site for the proposed works.

A temperance lecture by Mrs Scott is announced for to-morrow evoning in the Mustorton Institute upper room. The fame of this lady is cortain to attract a largo attendance. The celebrated Carterton Blue Ribbon choir under tho baton of Mr Beecher will take part in the proceedings, to which admission is free

We do not know whether the members of the Featherston Highway Board conlomplato Biiicide, but the following resolution, passed nt their lato meeting, is very suggestive:—" That the clerk (the oporutor, we presume) bo instructed to procure a set of blocks and tackle for the use of tho Board."

A meoting of tho representatives of tho Amalgamated Friendly Sooieties of Masterton, was held last evoning to arrange fur tho annual sports, MrF. Gray being in tho chair. Foresters were represented by Messrs Parltea, Wickens, and Seaman, Oddfellows by Mr Bish, and Druids by Messrs Blinkhomo, Hathaway, and Smith. It was resolved ihat the annual sports ho held on December 20. Mossra Wickens and Grey were eleclod judges, G. Dixon and Dalrymplostarters, Hessey, KibMotvhiie, and G. Harvey handicappers, A. Biah timokeopor, S. H. Wickerson treasure, A. Hutlmway secretary, nnd Fitton, Boydhouso, Petersen, and Quick ground Committee, A meeting of tho sub commitieo was arranged for Wednesday evoning to draw up a programme.

Messrs Lnndqviat and Keisenberg's concert at Greytown last evening was one cf ibe most successful held there this season, and although it had been postponed ir.m iho previous Monday, tho attendance was quite up io ihoiv anticipations. A capital programme bad boen prepared, including sevoral novelties to a Groytown audience, viz., Romberg's Toy Symphony, Maypole Danco by eight little children in costume, and the Masterton String Jjaml in all there were about twenty pfifci-vers from Musleiton, The String Band achieved an unqualified buccosb, by their capital rendering of several selections during the evening, Tho Maypole Dancers went through their evolu lions in such a perfect manner, that they wore applauded to the echo and had to repeat a portion of the performance, on the conclusion of which several bouquets were thrown on the stage. Tho Toy Symphony, which with two exceptions was played by adults, was played throughout with spirit, and due rogard to timo, and met with thorough appreciation. Pianoforte dueta were playod by Miss J. Oorbett and Mr Keisenberg, and the little Misses A, and C. Oorbett, the young musicians being rowarded for their excellent playing by an oneore. A duet, piano and violin, by Mrs Knell and Mr Lnndqviat, was very successful, and Mr Tierny scored a great success on making his debut as a cornet soloist, the highest onconium being passed upon him, for the manner in which he commandod his instrument, Two glees " Since First I Saw Your Face," and "Silver Moonlight Wind," were rendered by the Misses Nicol, Wyelt, and Bowler, and Messrs Wickerson and Black. Miss Nicol received an enthuoiastic oncoro for "'When the Swallows Homeward Fly," in answer to which blis sang wiili equal success" The Dear Little Shamrock." The Misses N. and J. Cameron were both encored in their songs, the former" Hearts and Homes," and the latter " Little Footslepa," botb being repeated, Mr Wickerson's" Alice, where art thou I" Mr Black's '* Hybrias the Cretan," and Mr Dollar's "Friars of Orders Grey" were each well rendered, tho latter in answor to an encore, gave in good stylo a very spirited song "Fight fur Love, or Die." Mr Coker was in great demand in the comio line, having to answer an uproarious encoro in the first part for" Are you there, Moriarty ?" giv ing the "Little Widow Dunn" in response, and for his ''Little Scrub" in character, fairly convulsed the audience, and had to answer another emphatic encore, treating them to "Pom Pom," in which he was equally successful. Mr George Thomas reports Wellington produce prices as follows ;-Oats, maize', flour, wheat, bran, and pollard still without alteration; bacon and hams are advancing, prices having risen in Canterbury to 8| to lOd respectively; old potatoes, of prime quality, are being inquired for, and prices have increased to £Blos j cheese in /air demand, Bid to 6jd; salt butter, 6d to 6jd; fresh 6|d to 7d; eggs, Is 2d; Lew potatoes, l|d; gooseberries, 2jd to 8d quart; straw berries, IOJd to Is; green peas, la Id to Is 2d per pock; oranges, 10s to lis; mandarins, 12a; lemons, 17s; plums, 7» Gd to 8s; fowls, 4s 8d per pair; geese, 7s per pair. All linea of fruit and dairy produce in good demand.

We direct attention to Messrs H. Petersen's new advertisement in another column, re his Christmas stock. 'V!

Creditors of Tltoinaß ; Gott,-fishraongeiv Mssterton, were to have met /in Welling, ton yesterday afternoon, but none cared to attend, and the meeting lapsed,

The Eev W.E. Paige acknowledges the receipt of a handsome contribution of fanoy goods for the bazaar from Mr Joseph Williams, also of a parcel from Mr A. P. Fielding, Wo were shown by Mr G. S, W. Dalrymplo this morning, a very ingenious Yankee garden pump, for the oalo o\ which ho is agent. One end ..being placed in a bath or bucket oi water, a very Binall amount of exertion ia required to throw a good shower a considerable distance. The article ia very cheap and no doubt will find a large Bale.

The Wellington Meat Export Company had had 4500 carcases of mutton prepared for thipmonr by the steamer Triumph, and these will now ba kept for Iho Victory. There boing ample storage room at the company's works, there will bo no delay in preparing the next shipment,

Mr llolleston returned on Saturday evening_ from tho Wairarapa district, whore, in company with tho Surveyor General, he has been making arrangements for the sale shortly of a large quantity of fine bush land suitable for agricultural settlement, in farms of moderate size, upon deferred payments. There is altogether, at the back of Mastorton, (says the Times) an area of about 100,000 acros of land, equal to the best in the colony, likely thus to be opened up,

A meeting of the •Alfredton Licensing Committee was held at the schoolhouse at Eke aliuna on Saturday last. PresentMessrs Vmi Reden (Olmirmin), Syvorson, and Gnddard. Plans for proposed hotels hi Pnhialua were submitted by MosarsD. Crowe and J H. Corbett, but as new licenses could only be granted at tho annual meeting in June, the Committee debuled not to oxpress any opinion in favor of either application. We had recently, writes the Standard, the pleasure of meeting the Hon G, M, Watorhouse in Wellington, soon aftor his return from a visit to Europe. Mr Waterhouse looks remarkably well and has apparently gained in health and strength by his travels. Thora are few men in New Zealand whose character iu public nnd private life stands so high as Mr Walorhouse, and wo therefore gladly welcome his return to tho colony.

A lit lie »irl, daughter of Mr W. Parkes, was run down last night by a buggy which was being driven too quickly round Dixon's corner into Perry-street, Tho child was knocked down and fell under the wheels, but beyond a severe fright and some paiuful contusions, was fortunately umnjuted. Spectators stato that the wheels of the bursty wont over orio of her logs, but if so, a jam tin she had been carrying must have saved ti from injury. The marks on the tin show that the wheels went over it, and it must have dropped close beside the child's leg and caused the wheel to go over without touching. Bapp to Hare would remind luuholdors and farmers that they havo just landed 50 bales of woolpacks, 8 and 101 bs,, attaohed and detached tops, 45 bales corn sacks, 72 doz, sheep shears in all the beat brands, special platoa in sewing twines. The above they are selling at Wellington wholesale pricoa. An inspection invited.—("Advt.J Rapp & Hare's 2s 6d tea unequalled or purity and flavor. Try it I—Advt. Tho beat assortment of clocks yet seen in this district is now on view at Mr A. Bish's jeweller, Queen-street. There are among them several varieties of the alarm clock, Bomo extremely pretty timepieces under iho name of tho "Mikado Striker," and ''Lodge Clucks,"a novel clook called the " Calender," which has an extra hand pointing to the date of the mouth each day and a great variety of liniekeopers of nil kinds, The above being a direct .importation aro being sold at wonderfully low prices and anyone desiring a good well finished article at small cost aro requested to lake advantage of the present opportunity. See the windowsl—Advt. Seldom lias there been such a choice of beautiful dross fabrics and elegant millinery as ladies have placed before them this season in tho principal drapery establishments of Now Zealand, A visit of inspection to Mr (}. W. Schroder's Hall Commerce would amply prove this as there is now on view there the most extensive selection of the latest novelties from England and the Continent ovor seen in tho Wairarapa,—Advt.