TELEGRAPHIC NEWS.

Temuka Leader, Issue 1461, 30 January 1886, Page 1

TELEGRAPHIC NEWS.

Bishop Barry, Primate of Australia, laid the foundation stone of the new building of the Young Men's Christian Association, Auckland, on Wednesday, in _ the presence of a large and representative assemblage of all denominations, including ilie Mayor, the several bishops attending the General Synod, and many leading citizens. Bishop Cowie presided. The premises will cost £7500. The Auckland bricklayers have voted £SO towards the cost of transporting bricklayers from the colony, and are prepared to make greater advances. George William Goodson and Robert George Fountain, fancy goods dealers, and proprietors of the London and Birmingham Arcades, Auckland, were dec'ared bankrupts on Wednesday morning. The Alameda, with the Colonial mails of sth inst., arrived at San Francisco from Auckland on the 23rd, two days before i he time-table date. The directors and experts who went to rl.e Caswell Sound Maible Company’s property have returned to Wellington, and brought back with thern■“■ftll-ibe-workmen, machinery, tools, etc., from the quarry. It is understood that instead of £IOOO, which it was thought would give the quarry a fair trial, it would require at least £6OOO to properly open up the face, and the Secretary is of op’nion that to carry the Company on successfully a capital of £20,300 in addition to the .. present plant would be necessary. At the half-yearly meeting of the Colonial Bank, Mr 6. McLean, Chairman of Directors, presiding, a report declaring a 7 per cent dividend was adopted. The Chairman said he was quite satisfied that the time was not far distant when a period of prosperity would set in. Admiral Tryon and party, accompanied by the Chairman of the Harbor Board, Admiral Scott, General Fulton, and others visited the defence works at Ocean Beack and the Heads, Dunedin, on Wednesday, and also the graving dock at Port Chalmers. In a caseheard at PalmerstonN,, in which a cordial manufacturer and holder of a wholesale license was charged with selling one gallon of whisky when the smallest quantity allowed by his license was two gallons, the Magistrate dismissed the case on the objection raised by counsel that section 159 of the Licensing Act did not create an offence as to quantity. At a meeting of the Dunedin Charitable Aid Board Committee a letter from the Roslyn Borough Council was received refusing to contribute to the Hospital, and a resolution was carried requesting the Government to stop the contribution from the subsidy. Regarding charitable aid the Roslyn Council refused to contribute, and a number ot other Councils marie various excuses. The Committee requested the Government to stop the contributions out of subsidies in all these cases. At a meeting of the Board of the Government Insurance Association on Wednesday afternoon, Mr Geo. Fisher's motion to remove Mr Driver’s appointment as manager at Dunedin, was The other elected members of the Board, Messrs 11. D, Bell and G. S. Graham voted against Mr Fisher’s mttion. A meeting of policy holders at Christchurch condemned Mr Driver’s appointment. The ninth annual statement of accounts of the Lyttleton Harbor Board was presented at its meeting on Thursday. It showed that the total receipts for 1885 were £39,74018s 21. The total expenditure wus £41,234 19s 9d, of which £24,351 5s 7d was ordinary expenditure, and £16,883 14s 2d for harhonr wrUa, leav ng a debit balance of £1494 Is 7d. The outstanding cash liabilities were £7462 18- 2*, and outstanding c ish assets £1673 ss, leaving an excess of expendii nre and liabilities over c-ish assets of £5789 13s 8 The over expenditure was almost euiiiely caused by the recent purchase bv the Board of a new brick store for £4750, an 1 £513 paid as compensation to the harbor-master. Tin's over expenditure will be more than covered by ibe surplus balance for 1886, which is e-tim ited to reach £6232 10s. The total assets of the Board, inc'uding Inrbur •Milks and improvements, amount to £484,683 3s 9.1 ; and its liabilities, including the £200,000 loan, to 18s Bd, leaving a credit asset of £277,226 ss. The Dunedin whaler Splendid is now working oft’ Stewart Island, and has secured another valuable whale.