CABLEGRAMS.

Wairarapa Daily Times, Volume VII, Issue 1980, 2 May 1885, Page 2

CABLEGRAMS.

(BY KLRCIH'O TKLEOIiAI'Ii—COPYHIGHT]

IiUUTHR's Tur,EQKAMB,

BRITISH REVENUE AND ESTIMATES.

'i London, April 30, The Australasia Federation Enabling Bill was passed-through-the House of' Lords to-day without aniondment. Mr Childers, .Chancellor, pf tho Exchequer, delivered his budget statement in the House of Commons' to-day. He announced'that the revenue tor the past financial year amounted to £88,050,000, and the expenditure to £89,100,000,. The revenue for the current year Wis estimated lit £85)200,000, and the expenditure at £88,750,000,-• exclusive of the naval and military credit of £11,000,000, The estimated deficiency at the end of this year is '£li;900,000. To cover this, it is proposed to increase, the income tax to eightpence, the duty on spirits by two shillings, ~ and ..that an beer, by "one shilling, and ty suspend the public debt and sinking fund,. • : -' Lonijox, April 30. The Shaw, Savilland Albioii Company's'' steamship Arawa left..Capc-town on tho 16th instant (afternoon) lor Now Zealand, Per Marchant Shipping and Underwriters' Association; —Arrived Plcione, from Wellington (January 17th). Colonial Breadstuff's Adelaide.wheat, ex store, steady at 385'.;.. ditto, off coast, 365; Adelaide lour, ex stove, 275; New Zealand; wheat,; ex' store, ;32s r t.6 375. Tallow—Australian, of fair average quality : Beef, 31s Gd; mutton, 335. Hides unchanged.