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SOUTH AUSTRALIA.

Adklaide Thursday. Lord Kintore, who left yesterday for London, received a most cordial send-oft.

VICTOEIA.

Melbouhnk, Thursday, Mr Wilson, Government dairy expert, says he tried shipping batter similar to the Sewell process ten years ago. The objection was that the brine bad a tendenoy to draw the sap from the w.ood, which oansed the batter to be tainted, unless the casks had been well saturated some weeks beforehand with brine and the sap well exhausted before tbe batter was pat ia. This entailed expense ; moreover, there was a risk of the hoopa coming off tbe casks or becoming !oo?e and allowing tbe brine to escape, in whioh case tbe batter was no donht spoiled. A small shipment via the Cape did not afford a fair trial. . He would like to see an experiment with several tons-byway,-of tbe Red Sea, and while the AgrlouTtural Department would not adopt the Sewell process, be was willing to render every assistance to any intending ship- v pors who might try the experiment. The Argus considers the London Stock Exchange ia snpersentltire in lowering. - Vic toi lan stooks a point because the perennial rumor-monger is speaking dla* respectfully ot the Anatolian banks. Although the latter are factors of the first importance, yet tbe national credit does not depend on their position, In regard to colonial' credit a' national, and not a party; feeling, is gradually bat surely predominating, and the severest critic mast admit that the position 1b im« proving. The Argus says so far as the European business is concerned tbe West Australian telegraph service Is a delueioa and a snare. While we depended only on the Port Darwin line | the liability to interruptions was always taken into account, bat) when the .Eastern Extension Company laid tbe new cable to Roebnck Bay communication was thought to be absolutely safe-guarded against severance. The Argus suggests that the Postal Conference should take the matter in hand, and either coerce or e?jole the PostmasterGeneral to bring his department op to date.

The balanoeeheet of tbe Commercial Bank shows a net profit for the half-year equal to about one and a quarter per cent per annum on the preference share capital. A noteworthy statement in tbe report Is that payment deposit receipts falling dne chiefly in 1898 to the extent of nearly half a million have been anticipated.' . The Premier hopes to prorogue Parliament at the end or the week, to enable him to attend the Conference of Premiers and the meeting of the Federal Council. A deputation from tho Chamber > of Commerce waited on the PostmasterGeneral, and said the" Chamber was unanlmons in favor of tbe Pacific cable being laid at an early date. They pointed oat that the present route had .failed 36 times in eighteen year;. Trie president thought the Eastern Extension Company would be glad to continue without any gnarant.ee. Mr Dnfiy, PosimssterGeneral,' agreed it would be a good thing to have a telegraph line mainly tbrengh British possessions, and a great advantage in time of war. It was understood that the cable wonld cost £1,000,000, and in the present condition of things Viotoria was not in a position to go in lor It. He was afraid the cable would not pay ab the start, though ultimately it would. All the countries likely to be "benefited by the Pacific scheme should bo called on to pay a sbaro of tbe undertaking.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HBH18950118.2.11.5

Bibliographic details

Hawke's Bay Herald, Volume XXX, Issue 9891, 18 January 1895, Page 2

Word Count
569

SOUTH AUSTRALIA. Hawke's Bay Herald, Volume XXX, Issue 9891, 18 January 1895, Page 2

SOUTH AUSTRALIA. Hawke's Bay Herald, Volume XXX, Issue 9891, 18 January 1895, Page 2