AUSTRALIAN CABLE NEWS.

Oamaru Mail, Volume XX, Issue 6167, 24 January 1895, Page 3

AUSTRALIAN CABLE NEWS.

(By Electric Telegraph—Copy-right. (PEP. UNITED PRESS ASSOCIATION.) Received January 24, at 11 a.m. Melbourne, January 24. In the Assembly the Premier intimated in reply to a question that the Government intended to take the financial straits of the colony into consideration during the recess. The Government had not been approached by depositors with a scheme for releasing the funds in reconstructed institutions. If snch a scheme were admitted it would be the duty of the Government to give it careful consideration. This reply seemed to amuse the House. The Ministers, Members and Judges Salaries Bill and the Primage Duty Repeal Bill passed their final stages. On consideration of the report on the Governor's Salary Rednction Bill the Premier moved to reinstate L7OOO instead of LSOOO, which was carried by 42 to 34, and the Bill was finally passed. The Council passed the second reading of the Income Tax Bill by 28 to 10, and subsequently passed the Bill through its final stages. Received January 24, at 11.15 a.m.] Hobakt, January 24. The statement to be submitted to the half-yearly meeting of creditors of the Bank of Van Diemau's Land shows that a nominal surplus of LIOO,OOO exhibited in the balance-sheet will not cover the anticipated loss in the course of liquidation, unless the value of real estate throughout the colony revives within reasonable time, though the position will be benefited in proportion to the success attending the disposal of lottery tickets. The liabilities now stand at L 352,000. Received January 24, at 11.30 a.m. Sydney. January 24. The Seamen's Conference recommends branches in Victoria, N. S. Wales, aud Queensland to agitate for the extension of the franchise to seamen on the lines of the best points in the N.Z. and S.A. Acts. Brisbane, January 24. The Stock Conference estimates that the present system of branding depreciates the value of hides by L 300,000 annually. The Government has placed a small sum in the hands of the British Consul at Buenos Ayres to relieve the needs of immigrants from Queensland in Paraguay." Maryborough is preparing for floods. At Bundaberg six inches of rain have fallen since Sunday, and it is still raining. A flood is anticipated. Melbourne, January 24. By the capsizing of a coach on a steep incline near Bruthen, the driver, Walsh, was killed. The passengers named Graber, Thomson, Mrs Withers, and two children were severely injured. Received January 24, at 11.30 a.m. Sydney. January 24. Two coasting vessels —the schooner Philip Palfrey, and the ketch Dewdrop—are reported as missing. There has been sjreat destruction of property by the floods in the Maitland district. Railway communication is still interrupted. The Morpeth district is cne large stretch of water for miles. Not a farm escaped inundation. A man named Corbett was drowned. *The floods in the Manning River are the heaviest since 1876. Farms are submerged in all directions, but the water is now receding. Fifteen inches of rain fell in three days. Hobabt, January 24. The order paper of the Postal Conference shows that there are seventy-seven subjects for discussion.