NEWS BY CABLE
(BY ELECriK'O TEbEQRAI'R—COPYRIGHT)
Redter's Telegrams,
BRITISH FINANCES 1885-86.
NEARLY THREE MILLIONS DEFICIT.
THE REVENUE FROM ALOOHOL ONE MILLION UNDER THE ESTIMATE,'
TURKS AND GREEKS.
London, April 15, Received April 16th 7.30 p.m,Sir Win. Vernon Hareourt Chancellor of the Exchequer made the Budget Statement in the House of Commons to-night. The revenue for the financial year just closed amounts to eighty. nine millions live hundred thousand. The expenditure for the same period was ninety-two millions two hundred and fifty thousand or two millions seven hundred and fifty thousand pounds more than the revenue. The revenue for the ensuing financial year is (stiamtftd at ninety millions five hundred thousand pounds, and the expenditure at eighty-nine' millions eight hundred and seventy-live thousand. The revenue from customs and excise on alcoholic beverages for twelve months, was one million' below the estimate. It is proposed to meet the deficiency by taking eight hundred thousand from the sinking fund. No increase of taxation is contemplated, Constantinople, April 15,
His Majesty the fcjultan received from England, Austraia, Germany, Russia, replies to his request for action on the part of Powers in regard to the threatening attitued of Greece towards Turkey, and the disinclination of the Greek Government to disarm when called upon to do so. The' Great Powers, in the reply to the Sultan's despatches, promised to take further steps towards the settlement of the difficulty with Greece, Loudon, April 15, In Celonial breadstuff* and tallow there is no improvement,: The weekly returns of the Bank of England published to-day shows a total reserre of notes and bullion to the extent of £12,700,000, being £200,000 more than last week. The proportion of reserves to liability is 42% as againsl 41% last report. To-day's wool sales catalogue 9,000 bales submitted to'auction. The tone of the market was quiet, 29,000 bales have been withdrawn from sale since the opening the present series. Sydney, April 16.
N. Z. wheat is firm is per bushel, N.Z. oats one penny higher 2s 4d. Maize ,561bs, five pence dearer, 3s 9d. Sugar remains. £25 per ton for company's No. 1.
Adelaide, April 16. Arrived Chimborayo with English mails, March 12th.
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Wairarapa Daily Times, Volume VIII, Issue 2273, 17 April 1886, Page 2
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360NEWS BY CABLE Wairarapa Daily Times, Volume VIII, Issue 2273, 17 April 1886, Page 2
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