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CABLE NEWS

UNITED PBBBB ASSOCIATION. (By Electric Telegraph — Copyright.) London, March 18. The Bank of Australasia balancesheet shows that deposits totalled £14,314,000 cash, and securities £&> 874,^00; and bills discounted and advances, £13,652,000. The London Times says that all commercial nations, certainly Britain, must refuse to lighten the Chinese indemnity harden by increasing the new Customs tariff by one-third. The Admiralty Court have awarded the steamship Puke of Argyle £2003 for towing the steamship Queen Wilhelmina into Albany when disabled m August last. Mr Labouchere'a negatived amendment proposed to reduce the Navy vote by £232,000 the amount of increase m pay for officers and men. iThe Monte Carlo International Chess tournament has closed. Tarrarach won with 20, Maroczy 19, Pillfiburg 18J, Scblecktee 17 games. March 19. Tbe Orotava came into collision with tbeNetherby at Gibraltar. Both sustained damage, but the Orotava' 8 was slight. Ottawa, March 19. i The Canadian Grand Trunk Railway Company asks a subsidy of 10,000 dollars a mile for the extension of the system to the Pacific coast. Nfw Yobs, March 19. Whitaker Wright is suffering from bronchitis and the hearing of bis oase bas been postponed till the 30th. I Perxh> March 19. Two theatrical companies under engagetneat to Williamson and Maegrore respectively, and Edward Lloyd's Concert Company, arrived by tbe Orontes. Sydney, March 19. Madame Melba bad* farewell to Sydney by giving a concert m the Town Hall this afternoon m aid of the drought relief fund. There wasa packed and enthusiastic house. The fund has benefited to the extent of seven hundred pounds. Sir Joseph Ward and party were entertained by tbe naval authorities at luncheon on Garden Island. Sir John See considers that the placing of the Treasury Bills is a highly satisfactory transaction, considering what calamity the howlers of jeremiads have been predicting. "Despite their attempts to damn the credit of the country," said Sir John, "we have succeeded m obtaining the money we wanted, and I hope we shall always do so. It shows that the attacks on the financial stability of the country have been without result."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/BA19030320.2.10

Bibliographic details

Bush Advocate, Volume XIV, Issue 299, 20 March 1903, Page 2

Word Count
347

CABLE NEWS Bush Advocate, Volume XIV, Issue 299, 20 March 1903, Page 2

CABLE NEWS Bush Advocate, Volume XIV, Issue 299, 20 March 1903, Page 2

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