CABLE BREVITIES.

Otago Daily Times, Issue 10416, 19 July 1895, Page 2

CABLE BREVITIES.

Judge Vaugh&n Williams has ordered tbe City of Melbourne Banli to be woisrsd np, and a reconstruction scheme is to bs submitted.

Mr S'ewart; official receiver, has declared a dividend of 23 in the Bank of South Australia.

In the Queensland Assembly a protracted debate occurred on the Totalisator Bill. An amendment seeking to make betting in all cases criminal, and bazaara and lotteries in the interests of charitable institutions illegal, was defeated.

Dissatisfaction is caused in the labour ranks in New South Wales owing to the alleged compact with the Freetrade party as to the salaetion of candidates. The Labour Executive deny that, any compaot has been made. *

Frost snd drought are greatly damaging the sugar crops both in New South Wales and Queensland, and the yieid i^ expeofe-i to be considerably below the average. A shipment of 358 horses, including several well-known racers and trotters, has been mat to India from Melbourne.

Slow progress is being made in the Victorian Assembly with the tariff debate. The tendency is to reduce the duties below the limits fixed by the Government, and in a number of instances the amounts carrisd are to that effect.

The Royal Humane Society of Australasia award Dunlop, engineer of the Wairarapa, the silver medal. Other New Zealanders honoured ara Edward Colurab, Engone Egan, anal Andrew Russell, who receive the bronze noed&l. aa( j Charles Jtybsrt Broberg, F'rauk Hill Glover, and Barry Parviss, who arc awarded the certificate.

In reference to tbe desire expressed in Adelaide that South Aun'r-ralia should take action to press forward Federaf-ion without waiting for New South Wales, Mr Esid, the Premier of New South Wfcies, says that, he has no objection. Hs gave die conference at Hobart to understand that he could elo nothing definite in the matter till domestic legislation was dealt with by his own colony, and he must fulfil his pledges. When that was done he would take up the Federal Enabling- Bill. Tiie Age, referring to a suggestion by ths Statist that the rise in the price of wool ia likely to lead to the investment of fresh capital in station properties, says that no doubt ths riss will materially strengthen the financial position of the colonies. Allowing for tbe drop at the third series of the sales, there hue been an improvement iv tfae past series of 12A to 30 per cent, on tha prices obtained ac the opening sales this year, which is quite sufficient to warrant the Statist's comments.