PROVINCIAL TELEGRAMS.

Taranaki Herald, Volume XXII, Issue 2198, 2 May 1874, Page 2

PROVINCIAL TELEGRAMS.

HALP.rBABLY MEETING OF THE BANK OF NEW ZEALAND. DIVIDEND OF TWELVE AND A-HALF PER CENT. DECLARED. NEW COLONIAL BANK STABTED IN DDNEDIN. GREAT NATIVE MEETING AT ROTORUA. (anolo-austbalian press tilkoeam aocnot.) AUCKLAND. % ' April 29. — The half-yearly meeting of the Bank of New Zealand was held to-day. The report stated that tha net profit to the 31st March (after making an allowance for bad debts, and depreciation of bank properties) was £41,820 ; the balance of undivided profit, £8,892 ; making a total available for division of £50,712. The following was recommended : — A 10 per cent, dividend (£30,000) j a bonus of 2£ per cent. (£7,500) ; and the balance (£12,212) carried to profit and loss new account. The report was adopted.

The Grahamstown Star's correspondent at Ohinemuri reports that the threatened row amongst the Kiriweras had not come off, the native disputants leaving the case to arbitration by the Ngatimaru tribe. AH parties prepared for the worst.

A telegram from Rotorua, dated the 28th April, states that the great native meeting there had oommenced. The Governor was not present. Rotohiko Haupapa read the three great matters they were invited to discuss. First, the breaking of lands by sales ; the unity of the people, and non-adherence to tbe word of the Island ; the word was not to sell or lease land. Second, the land — what is to be done with it so that people may live P Third, an administrator must be appointed from among the natives, as a companion for tbe Governor. This may be interpreted that a Maori is to be selected to stand on precisely the same position as the Governor, or simply as an assistant. The meeting then adjourned until next day.

Another telegram on the 29th April, says — " The native meeting proceedings consisted chiefly of the presentation of mats to Mr. Mackay and other Europeans. The speeches generally were in favour of leasing lands, and of a Corporate Government for the Maoris."

Tbe Governors of New Zealand and Tasmania, with party, left Tauranga for Anckland, on the 28th, in the yacht 1 Blanche.'

Tauranga grown wheat fetched 6s. 2d. per bushel — best price yet.

Mr. Saunders reports sales of Caledonian, £9 55. ; Whan, £4, 17b. 6d. ; Alburnia (new), £2 18s. 6d. ; City of London, £1 Is. Buyers : National Bank, £3 95. ; National Insurance, £1 14s. Sellers : South British, £2 13s.