CABLE BREVITIES.
A Ore at Chicago lias destroyed a number of warehouses, doing 2,000,000 dots, worth of damage. The Zoutspanbcrg chief Malabach, who was wounded in the engagement with the Boers, lias been captured, Burglars stolo £IO,OOO worth of jewellery from Princess SoltikofE's residence at Slough, Owing to the absence of opposition the Evicted Tenants' licinstatcmentßill is nicking rapid progress through Committee in the' House of Commons. The liadical partyWti; n uonict.tq Sir Win. Harcourt, He made no reference to the rumours of his intention to resign. During tlugassago of a section of the Evicted Tenants Eemstatcmcnt Bill the whole of the Conservative Party left the House, as a protest agaiust the application of the closure,' At the statutory meeting of the Loan and Mercantile Agency Company, Mr Martin reiterated his statement of the new Board's intention to pursue a cautions and economical policy. At tlic T |oan and Mercantile meeting, Mr Martin said the directors intended to retain £500,000 of capital in hand as a lipid asset, They were considering a proposal to appoint Sir John Gorst and Mr Bristowe directors to represent the shareholders. A further fall of snow has occurred in the south-west, district of New South Wales. The'township of Kiandra is half bnrkd. Nothing like such a heavy fall luwcuttcd during the past 20 years. The Melbourne banks have agreed to reduce the deposit rates to 'i\ per cent, for 12 months, and 2 per cent, for six months, Mrs Needle, the woman arrested in connection with the Junckcu case, has been committed for trial ontlic charge of poisoning, The Financial News says that the reduction of the annual expenses of Victoria by £2,000,000 in four years is a favourable sign, The reduction of revenue in a year of exceptional depression is unimportant. The colony's richj natural wealth will soon improve the state of the finances. The imposition of an Income Tax is the best earnest of good faith that could be given. TlieStandard.howcver, considers that the Budget means more, borrowing.
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Wairarapa Daily Times, Volume XV, Issue 4791, 4 August 1894, Page 3
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335CABLE BREVITIES. Wairarapa Daily Times, Volume XV, Issue 4791, 4 August 1894, Page 3
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