NEW SOUTH WALES.

Ashburton Guardian, Volume VII, Issue 2162, 1 July 1889, Page 2

NEW SOUTH WALES.

Sydney, Jane 30 The owner of the schooner Colonist declares that the vessel sailed on a legitimate cruise, and asserts <that Weaver's yarn of a treasure island m the Pacific is pure fabrication. VICTORIA. Melbourne, June 29. Negotiations are proceeding between the Government, the Presbyterian authorities, and the Union Steamship Company for an extension of the steamer service to the New Hebrides group. It has been suggested that a subsidy should be given to a small steamer, and Mr Gillies, the Premier, has requested the Union Company to submit a statement as to the amount of subsidy that would be required. ' The revenue of the financial year just ended amounts to £8,674,700, being an increase of £1,067,000. The principal increases are m Customs, ,£526,000, and railways .£372,000. Mblboubms, June 30. Kerr's timber yards were destroyed by fire this evening. The damage is estimated at £20,000, and theie is not a penny insurance. SOUTH AUSTRALIA. Adelaide, Jane 29. The State Bank Commission has reported against the establishment of a mint bank, and suggests that Government should issue paper currency notes from five shillings to ten pounds m value.