LATEST TELE G RAMS.
[PER CHIEYJLLii'S TKIi. CO , KiiUxult'S AGENTS.] Auckland, Friday. Tlie half-yearly meeting of the New Zealand Insurance Company has been held. A dividend of ]0 per cent, was declared. The company's losses during the half year are estimated at £21,425, including Rangoon, £1930 ; Underley, £1595 ; Ahuriri, £1078. Walker baa accepted Christie's offer to fire another match for £1000 a-side, on condition that it is fired in Auckland. £250 has been staked. The Provincial Education Bill has been shelved in anticipation of a colo nial act beiug passed. The Auckland harbor debt of £90,000 has been remitted. Mr Phillips is re-elected Mayor. The Provincial Council has voted £700 for volunteer prizes. Mr Ben ram's 10 roomed house, at Rangiawaha, has been burned. It was not insured. The sharemarket is dull. Caledonians, £57 10s; Thames, £15 ; Tookey's, £19 ; Alburnia, £5. In the Provincial Council a motion in favor of taking action under the Diseased Cattle Act, to prohibit tho landing of cattle in the province, was rejected by a majority of one. Markets — Canterbury flour, £12 to £13 per ton ; wheat, 3s Gd ; oats, 2s Gd to 3s Gd. Fat cattle lower, 24s to 20s per lOOlbs. Dairy cows, £5 to £7. Sheep in good supply at 3d per lb. oSJo alteration in share market. Christciiurch, Saturday. The telegraph between Christchurch and Akaroa is now completed. It is thought probable ■ that the, Astronomer Royal will make use of the Christchurch Observatory to observe the transit of Venus in 1874. He recently wrote to the General Government, stating that Canterbury was the best place for the purpose. The formation of an Astronomical Society is, therefore, very apropos, and the Superintendent promises to ask the Council next session to give land endowments for the purpose of promoting the establishment of the observatory with a permanent astrono iner. In the meantime, donations and subscriptions are coming in very freely. Dunedin, Saturday, A heavy southerly gale has been blowing all dny. Several stores have been unroofed, and part of the first church steeple lues been blown down. No other damage is reported. Invercargill, Saturday. A fire broke out at six o'clock this morning in a large store in Tay street, belonging to Mr Mitchell, but partly occupied by a grocer named McKcnzie. Water was abundant, and assistance being promptly rendered the fire was soon got under. Neither buildings nor stock were insured. A heavy gale has been blowing all day, but now shows signs of abating, Sunday. Yesterday's gale was the heaviest known here since 1804. It blew furiously from the westward for several hours. A considerable amount of damage has been done to buildings and other property. The bell tower of the Presbyterian Church was blown down. The railway line near the Bluff was partly washed away by the exceedingly high tide, but the work of repairing is being pushed on, and will probably be completed by to morrow.
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Wellington Independent, Volume XXVII, Issue 3380, 25 December 1871, Page 2
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