DUNEDIN. 3rd January.

Evening Post, Volume XVII, Issue 311, 4 January 1879, Page 2

DUNEDIN. 3rd January.

The total receipts of the two days' sports of tbe Caledonian Society are £1217, to whichwill have to be added the takings of Saturday and the annual subscriptions of member*. The winter night classes are maintained out of the fundß of the Society. • The Presbyterian Synod of Ottgo and Southland wilt meet on the 14th instant The question as to 1 the disposal of Church funds for tho purpose of endowing a new chair in the Otago University will probably give rise to a sharp discussion. Two Presbyterian ministers pnd » Homtfuiissionary are expected to arrive front Scotland shortly. The Inspector - General's classification of Otflgo teachers has produced general dissatisfaction. It is said that very fow of them intend to abide by his decision .It is undetstood) they will hold a meeting to secure joint action , in tho matter. ,i~ The result of the first crushing h> tho , Woatberstone company's claim, though nolu; such as to fulfil the expectation of somojfr the speculators, is, however, by no means dScouraging. The yield represents £266 ia money, and if the working expenses, Including interest on capital invested, amount to .£230 or £-240, tbe margin left will yield ft fair ditidend on the capital actually laid out, which scarcely exceeds £2000. It may be assumed for the purposo of a rough calculation that the company have actually worked for thirty days, employing twolve mon daily at 10* each per day, and paying for their water power at thorate of £1 per day. Tho future yiolds may reasonably be expected to he better, as themanager and mop get better accustomed to. the work. The deposit has bettn tested «ofa»> as to show clearly that it will take centuries to exhaust it. What is at present required i» capital, as tho individual shareholders are, generally speaking, unable to spare the funds for erecting machinery. F. Goodfellow, tbe Australian short distance runner, has sotered his engagement with Shepherd, owing to tbe latter'a strango proceedings at last Saturday's sporto. Shepherd returned to Melbourne yosterday by theAlbion, but Goodfe'low intends continuing liisprojected tour through this colony. Mr. J. C Morris, secretary to tbe Dunedin and Peninsula Steam Tramway Car Company, has written to the Ocean Beach Railway Company asking on what terms they will soil their interest in their property. The railway work* have been valued by Messrs. Blnlrand Higglnson at £27,000, to which has to be added £2000 for preliminary expenses, At a meeting of the Ocean Beach Company ft was resolved to offer the line at £19,000, with 8 or 10 per cent, interest added. In addition to those who were wrested for disturbing the peace of New Year's Eve, several others who were identified have been summoned, and will be dealt with in the Police Court this morning. In Chambers, this morning', Mr. Smith obtained a rule nisi to show cause why the Judge's order" in Cayford v. Curruthen, the breach of promise case, should not be reconsidered. The rule will be argued next week. Tbe Oamaru, 86 days out, fur Port Chalmers, has on board 340 immigrants. The Wostorn Monarch is expected to arrive at the Bluff about tho end of the month with 940 immigrants. During last tsar 120 children were admitted to the Industrial School. There were only twtt cases of bankruptcy during last week.