LATEST NEWS. [BY TELEGRAPH—OWN CORRESPONDENTS.]

Waikato Times, Volume XVII, Issue 1454, 27 October 1881, Page 2

LATEST NEWS. [BY TELEGRAPH— OWN CORRESPONDENTS.]

Naweb, Last Night, Mr H Miller sold yesteid.iy it auction the Moteo and Korokepu estates, cut up in sections. There was a. good attendance, and the bidding was spin ted. The svhole of the sections wuie disposed of, at pnees ranging from £7 to t26 per acte, and in lots fiom Gl to 126 . The total amount of the sale was £68,000.

Auckland, Li-t Night. The iwce horses Basswoorl, Foul Play, and Squire, arnved from Napier per Rmgarooma to clay, consigned to Mr All m McDonald. The litigation over the Martha Claim is finally arranged. At a meeting of the directors, Mr J. H. Nichoils was elected director vice Mr W. Nicholls resigned, ft was resolved to call for tenders for the construction of a low level tunnel.

Bank of New Zealand. The half-yearly • eeting of the Bank of Now Zealand was held to-day, when the usual handsome dividend of 15 per cent, was declared. The Chairman, in moving the adoption of the report, said: —• "During the half-year past, which embraces most of the stagnant portion of the year, hanking profits generally have been adveisely affected by the continued plethora of money and the consequent low rabes, but the large measure of support which the bank enjoys enables us to-day to meet you with a report which is the bi jst evidence of the continued success of our operations. Glancing at the figures in the balance-sheet, I notice the die circulation remains practically the same as in the previous statement. Bills payable have increased £176,000. In the ordinary course, this account at this period of the year should be considerably lower, and its preseut condition is wholly due to opeiations on Government account deposits. Other liabilities show a decrease of £300,000, also due to the flucuafcions in the public accounts, private leposifcs being somewhat iv excess of • hose of List year. Tlie coinage equivalents are considerably reduced, but advances are proportionately increased, showing that to that extent the resources of the I) mk are more actively employed than at fche la-t balance period ; but this greater activity does not sensibly affect the piofits now to be dealt with. The benefit will be experienced during the halfyear now current. The balance of the profit and loss is about the fame as in the last statement, which, considering the circumstances previously alluded to, will be considered amply satisfactory. Commerce is gradually returning to its wO'ited activity; local industries are springing 1 up around us; a specially favourable season promises exceptionally good results to agricultural and pastoral interests, and the marked attention now drawn to this colony as a field for capital and skilled labour points to the probability of our largely benefiting from the migration of a better class of English farmers, who we are led to believe will in large numbers seels a home in these colonies. Mr Firth seconded the motion that the report be adopted. The Hon. F. VVhitaker and Dr. Campbell were re-elected directors.

Wellington, Last Night. The charges made against the pub« Means for adulterating spirits fell through. In one case the bench held there was no guilt knowingly proved. The polioo withdrew remaining cases.

Haweea, Last Night. Mr Woolcook will contest Egnaont against all comers.

A stiffness of the hind limbs in ~ horses > with a strangling trait, indicates simple lnfi immation of the kidneys. There may be several causes for thia. A sprain of the buck from a sadden jerk when at work or in risinpr in the stable ; amutty fodder ; musty grain or feed ; acrid weeds in the pasture, will all produce it. The treatment is to give a dose of linseed or olive oil (one pint), repeated the Becond day if it does not operate freely. Linseed tea will be useful and may be given abundantly, sweetened with molasses. The loins may be fomented with hot water, or a bran poultice may be applied and covered with a rag. Eight hours afterward rub warm rntufcard paste into the skin and oover it ugjJHj&S* ro ff © r t> a g strapped" on. >&. fem^pKf'rest will be useful. ?T _ , 'I