The Age from Melbourne, Victoria, Australia • Page 4

HE AGE, THURSDAY, APRIL' 14, 1892. SHIPPING INTELLIGENCE. brnndi sell tog very ipsrelf st 16s. 4(d. Cane lugsrs show ui improvement, demand being dull and prices normal; 2CO b'tj cryrtalliic-t Demeram sold today at 17s.

3d. reconstruction is practicable it will be fouol far more oondueive to the interests of all concerned than liquidation. Manifestly under inch condition it uufair tbat misleading statement should be published on points bearing materially the rjuestiou which will have to be discussed to-morrow's meeting. One of the statement made is to the following effect A to the scheme of reconstruction Itself, the deuntltors anked to convert 400.030 into preferential hnrei. cnrrviiiK 5 jwr L'fiit per annuin.

That la to any attempts to rush tha factory through the buildings having an open area betweeu them aud the lagoon fmnt. The famous Amtuuiis distinguished themselves by their ferocity and intrepid behavior, but found the rifle lire of the small garrison inure than their nerves could stand. If the Duhouieyana have been more successful this timo, it was owing to a supposed security from the failure of their lust attack. This occupation of Porto Novo is a part of a thoroughly well digestod plan to confine liiilinh inlluence to the smallest.limits possiblo. From tionegambia French outposts have been pushed towards tho interior till they are now to bo found almost on the Upper Niger.

And tn spite of several failures this policy of expansion has been persevered in. The chain of outjKists from Senegambia is intended to connect with the sphere of French inlluence, extending from thoBouthern borders of Algeria to Lake Tchad. Tho great object is to prevent British trade and influence from expanding from Sierra Leone and the Gold Coast. As a result, of this activity on the part of the French, British trade has suffered to a very large extent; that of Gambia lias decreased till it has almost disappeared. Certainly French activity has met with its due reward, for now they have managed to extend their influence so as to leave but a small area available for British trade and as they have managed to cut us off from the Upper Niger region, the future of British nnmeion, It is fair to recall also the work which had to be done in passing the amended railway legibhuiuii, nil a bmiueaihul from the Government of which Mr.

Deakin was a member, Willi soma want of conttUtenoy, Mr. Deakin first charges the Government with having pursued, in presence of distress, a policy of of vacillation, uud of starvation," and then complains of the letting of two lines of rail wtiy without the authority of Parliament as being "one of the grossest abuses of "constitutional power ever witnessed iu Victoria." He is on much firmer ground when ho taunts the Munro Government with its want of decision in dealing with the ex-Commissioners of Railways, another of the Deakin-GHIios legacies Willi regard to the Railway Com mis-" sionera, 12 months ago, when Mr. Speight's term expired, the Government was under no obligation to deal with him, except ns it thought fit, and the Government reappointed him. Six months ago, by act of Parliament, it appointed him again for four years, and 11 three ago suspended him. The Railways Amendment Act was Intro duced with the most damaging charges that were ever levelled against a public servant.

At the same time that the Government complained of a Ions of nearly 1000 a day ou the railways, it kept Mr. Speight in his position and pro-" longed the loss for nearly 18 months." This is all quite true but it is a wisdom which has come after the event. It is satisfactory, however, to find Mr, Deakin quite sound on this all important question. He does not Ballarat, sent a deputation io see the eomrato loners on tbe aubjoot yesterday. The deputation stated that it would do their part of the oouutry a considerable injury were the proHat adhered (o, aud asked that tlie Idea bo atn-domtd.

Tlie ouiuiuUaiuusrs, in reply, stated that the advautage to be gained by taking the Adelaide expreu olf the Bacchus Mursh line was too great for them to thiuk of giving It up. Thuy expected to effect an annual saving thereby to the extent of about 5000. Of that sum, 2000 would be made by doing away with the nocanslty for maiutaiu-ing an additional engine at Bacohm Marsh, aud the rest would be accomplished by cancelling two trains between Melbourne and Qeelong. It was Inteudod to run the Adelaide express leaving town at 4.5 p.m. with the Port Fairy express attached, so that one engine would take the two services as far aa Geelong, and the 4,25 pm.

train to Geelong would alo be abolished. The commiuioners added that the people between Melbourue and Ballarat on the Bacchus Marsh connection need not be afraid that their requirements wonld be overlooked by the withdrawal of the evoning'a expreu, for they would, even by the amended time table, be left with four trains per day from Ballarat to Melbourne, including tbe present morning's express, and three traius per day from Melbourne to Ballarat, the last of whioh would leave at 6.50 p.m. The proposal to make the gatekeepers on the railways pay mat for the use of their cottages la condemned by the journal which opposes ccouomU cal management on tho ground of unfairness aiut lack of precedent The unfairness is alleged on the ground that these people axe the most poorly paid in the service, and can ill afford to suffer any fine. Tho departmental authorities, on the other baud, point out tbat these employ are better circumstanced than men in a similar condition of life outside the department, who have to pay rent also, at a very much higher rate. The gatekoepors are all eight hours mon in regular receipt of 39s, nor week, with 7s.

extra for gate money. Eldorado, a. 9d, Sari of Hopetoun, b. a. I sales do.

paid, b. a. do. South, b. I 3d.

(iitut Northern Extended, s. 6 6s. threat South Long Tuuuel, s. 3a. pud, b.

3s. bd. anion Uully Cuit-d, b. i a. 2a.

Uret Kxtemied Hua tier's, b. 1 a. 21s. 6tl. Golden Ago, s.

i UoldenTerniL-e Hydraidio and Sluicing, s. 2. 9d. Hustler's Ueef, b. jo.

s. 16a. Johnion, b. i 60s. 62a, sales bOs.

6d. Long Tunnel, 40, s. 42 lOi Long Tunnel Kxtundetl, s. 9 Lightning Creek, s. Is.

9d. Madame lierry, b. 43s. Malua, a. 2a.

Aiuunt Morgan, b. 29 New Kohinoor, b. Is. North Long Tunnel, b. 2s.

North Wouh Hawp, b. 2s. 3d. New Argus, a. 20s, 6d.

North Johnson, b. 9s. 6.1 s. lis. North BussotrH, b.

Is. 4d. Parker's United, b. 3s, 3it. Prcntlvo Freehold, b.

15s. s. 16s. bd. Princess Dugtuar, b.

22. 9d 23s. sales 22s. Bd. Hose of Denmark, b.

6s. Hock Vale, 3s. Slur of the Kant, b. 8 s. 8 10s.

South New Chum, s. 3s. 8d. South Itus-iell's, No. 1, b.

10s. s. 12s. 6d. Tea Tree, s.

rid. b. 8d. Temiwranee, sales U. Victory, 7 10s.

Working Miners' United, b. 4s. s. 4s. 6d.

Wathalla Deep Lead, b. 2s. West Sunlight, b. a. sales paid, b.

2s. 6d s. 3s. 6d. 10, b.

5 s. 5 19. sales 6, 6 6. British Broken Hill, 6 paid, b. s.

14s. sales 16., 14. 6d. Broken Hill, colonial register, 6 14m. s.

6 sales 5 5 lbs. Broken Hill South, paid, b. 34s. sales 36s. Broken Hill South, contributing, b.

22s. tulos 21s. od. Broken Hill Block b. s.

Is. sales Is. 3d. Broken Hill Kxtendvd, b. 4s.

10 s. 5s. salos 5s. Broken Hill Junction, b. 3s.

9d. Broken Hill Junction North, b. 3s. s. 4s.

Cen-tral Brokeu Hill, paid, b. s. 34s. solos 34s, 6d. Imperial Broken Hill, b.

Is. s. Is. sales, Is. Id.

North Central Broken IIU1, a. 2s. 3L Pinnacles Amalgamated, s. Is. Tasmania.

Adelaide Piopi letary, b. Is. paid, b. 2s. s.

2s. 9d. Austral, b. 7d. Balstrup's Manganese Hill, b.

2s. s. sales 2s. 9d. Central Dun das, b.

2s. s. 2s. paid, b. 3s.

a. 4s. Comet, b. 5s. 8d.t s.

6s. tirey Ore. b. s. 9d.

Carbine, s. paid, s. Is. 4d. Ko7.mlnsk"s, b.

2s. s. 2. k. Maestrles B.

Hill, b. 12s. 6,1. a. sales da, paid, b.

a. saleil7s. Mount Dundas Prosnect.ng. b. mid.

b. 2s. s. 2s. 9d.

Oceana, paid, b. 2s. sales 2s. 6d. Silver CUM, a.

paid. b. a. sales 9d. Tin Minks, Brothers' Home No.

Is. 6d. Mount Wills, b. 2s. s.

2s. South, paid, b. 2-4. 6d. Our Bnllarat correspondent reports The market was again Inactive tn-duy.

At theeloso Linnherris No. 1 experienced a considerable advance owing to an improvement in the bottom level on the Indira- tor. The shares sold from Is. 8d, to 2s. closing buyers 2s.

sellers 3s. Egerton brontrlil 10s. Chalk's No. 1 were in better tone, and Midas Consols changed hands to 3s. Prentice ware quitted from 16s.

to 16s. 6d. Parker's United were again fairly steady. Business was recorded nt3s, 3d. to 3s.

4d, Ballamt Trustees improved. Yield Sir H. J'wu, ijw va. irum Hdi flim. i ne euna iur mo month, due to-day, totalled 18,329 3s.

6d against naw paiii in tuviuenus uuring tne lour weens. The following are the sales nnd quotations A)ui(iniuiibuu ncuiuiuniiiis, 8. ius, ou. uauarai trustees, sales zba. m.

Hand nnn A Man Can. sols, b. 7s. 9d. Berry Consols, s.

18s. Black norse uniteu, d. tiu, s. is. liiacie Morse aud Kgerton Kxtendetl, s.

ftl. Chalk's Freehold, b. 2os. Chalk's No. 1, b.

22s. s. 23s.t sales 22s. 22s. Chalk's No.

3, b. 5s. 41. Cruickshank's, b. U.

s. Is. 9d. Dalzell's, s. 9s.

6d. Earl Beacons-field, b. 6s. 3d. Eastern Star.

s. 2s. Ecerton. b. 9a.

s. 8s. sales lCs. Golden Mountain, sales 3s. 3s.

10id. Ureat Northern, s. 40s. Hepburn Estate 'Leasehold, 3s. s.

4s. 3d. Keep It Dark. s. Is.

3d. lASt Chance United, b. 9s. s. 10s.

Uanberris No. 1, b. 2s. 6tt, s. sales Is.

is. mi, w. ou. ijoru narry, o. s.

tkt. Madame Bern-, b. 42s. Madame Berrv West. b.

Us. bd. Midas Consols, b. 2s. 80., a.

sales 2s. impicr rreenoiu, o. s. oa, sales OS. U.

New Kohinoor, s. Is. North Duke. b. 2s.

3d. Prentice, b. 16b. s. 16s, sales lbs.

to 16s. od, Parker's United, b. 3s. s. 3s.

4d sales os. os. Hu. rrmce Kegent North, b. s.

is. sales Is, Id. Prince of Wales and poverty, o. zs, smitns, iioniebush, b. 3s.

3d. South Star, s. 7s. 9d. Sir Henry Louh.

s. 14s. od. Star of the East, 8 8s. Stewart's rreenuiu, is.

s. is. sales is. id. Stilieman Pasha, a.

8s. Trentham Revival, b. lOd. s. Is.

Temperance, b. s. Is. Young Sulieman, a. 9d.

Yendon, a. 7d. Our Bendigo correspondent writes The market to-day was very quiet, and many of the brokers imiv Kit, ur iiib rosier i in i mays, uariuamt a shade firmer. The atone shows fair ixnlrl tn.H- North Johnson's in request, but up to 7 o'clock there was no news regarding the reef in the winze. Yorkshire No.

3 crushed 28 tons for 9 or- gold, and Fortuua Hustler's Tribute 22 tons for 10i or. The local treasury reoorts the llemlifrri unl.i viiii rn March last year, iuo louowing are tne sales and quotations Gas, b. 9. s. 10 10s.

Carlisle, b. Is. 7d. s. is.

md. Collmann and Tncclii. b. s. 6.

Craven's Freehold, b. s. Is. salas Is. a.

Sm. iMUii iriuuiH, is. IS. sales Is. Is.

Is. 4d. Garden Gullv United, b. 23s. s.

27s. 6ri, Garibaldi, b. 7s. s. 9s.

Golden Age, b. 7s. s. 7s. 8d.

Golden Pyke, a. u. auMitiraawi no. d. os.

s. 3s. 3d. Lazarus No, 1, s. 6s.

New Argus, b. IBs, s. 21s. 6d. New Hopeful, s.

4s. la Hew Moon, 4s. s. terms 6s. North Johnson, b.

9s. s. lla. Pearl, b. 2s.

s. 3s. 6d. Phanix Red, White anuotue, o. is.

s. sales is. 2s is. lid. Princess Alexandra, b.

b. Is. 2d. Princess Dagmar, b. 22., s.

23s. 6d. Rose of Denmark, b. os. a.

5s. 10a. Sandhurst Trustees, Executors, n. tin. duiiiu new 4'iuuil, U.

oa. S. OS. DU. Specimen Hill, b.

8s. s. 8s. sales 8s. 4d.

True Blue, b. s. sales lOd. United Devonshire, b. a.

3s. United Hustler's and Redan, b. 12s. s. 13a.

6d. Williams United, b. 8. OiO. MINING AT WOOD'S POINT.

WOOD'S POINT, WcD.VESmvv Mining here has an improved appt-aranee. At the eltl Alhambra, Matlock, which 27 years ago gave some tich surface crushings, Clark nnd a Dftitv from Toombou got a lease -under a warden's inquiry oruer a tow ween ago. anU on tho 4tli April brought to tho bank here 73 oz. from six tons found on a new make under the erass. Thev are now on rich stone again.

At Standees Creek the West company nave cue a teet lode showing good gold nil through the stone in a tunnel 140 feet long, 60 feet below the outcrop. The line of this lode is towards the land included in the Leichhardt, Burke and Wills, nnd Jubilee leosen. These ilnds illustrate the reward of careful prospecting and judiciously applied labor. About 460 yards of tramroad from the West Leichhardt will reach the Irfiichliardt hopper, so crushing can be easily negotiated. About one mile south-cast the New Standard Company are rising up on the lode to iciitii uiBuiu iiiimei ioi (move me new isvej, tuu ev tan guiu.

MINING AT BROKEN HILL. BROKEN HILL; Wednesday. All the open cuts at the Proprietary continue to look extremely well. There is now face beinc worked just north of Brudrfbb'a shaft 50 feet ih height and a chain in width. The ore consists of iron and lead, and is at present averaging 40 oz.

of silver per ton and a fair percentage lead. This material is being broken and forwarded to the ore oins at tne remaiKaoiy low cost of 2s, per ton. The other (luarrics are also nroducinir a laiire ntinntit.v of first class material, and a good deal of timber is still being recovered. The ground is still slightly sottllng a little to westward of M'Oregor's, but this Is only what has been expected all along, and not the least trouble is anticipated. It is calculated that the ore now standing ready for treatment between Patterson and Brodribb's shaft reaches about 400,000 tons.

A slight decrease Is still noticeable in the Acacia water supply, though the falling off is not such as to warrant any uneasiness, Crosscutting has been resumed at the 700 feet level of the North mine. The crosscut is already In beyond the point where good results were looked for, and where It was calculated from tne appearance of the lode at the upper levels that the ore bodv would be met with. It In verv probable, however, that the lode has been thrown further from the shaft nn its way down. The southern unve is still being continued, though no water is at present being brought into the town from the well at tho Acacia belonging to the South nnd Central Companies. Work is still nroceedimr there.

A drive is being put in to open up other witter vuuracB, mm mu upermiuiis lire meeting wim a fair amount of success. This morning a visit to the South mine discovered nothing new worth recording, but the mine throughout Is looking well. The wibUers are kept well supplied with ore, and sufficient water is being obtained from winze sunk from the 600 feet levol. Sinking is con Mined in -tins winze whenever the water shows simis of main shaft. The hauling shaft is down 465 feet; neitner oi tne western crosscuts at cw feet or 4x feet levels have met with any change, but at the latter crosscut, which was out in through carbonate, the ore body has been continued, the manager being under the impression that what was supposed to be the western wall of the lode, Is merely horse of country.

A considerable quantity of water has Deen met wim in sinKlinr tne winze Irom the am feet level in the carbonate body, nnd consequently work thero has had to be discoti tinned. Tho winze is down 22 feet, and the whole of this distance has been In carbonate ore of first class quality. Good progress is being made with prospecting works in various parts of the mine. SYDNEY STOCK EXCHANGE. SYDNEY, WEDNESDAY.

There was no life to-dav In tha Mvpt share market. The few sales that were made showed an en sine feeling. Sales were Silver Proprietary, nromnt delivery. 5 6. Rlock 10.

6 ISn. Central. M. 6d. North Central, Is.

3d. Junction North, 5s. ld. Hero, contributing, is. ou.

Gold Pambttln, 2s. 9d. Investment sales: A.J.H. Hank, 20. Commercial Bank of Sydney, 116.

Hank of New South Wales. b4. Tbn Sydney Stock Exchange will be closed from the the 19th, inclusive, for the Easter holidays, ADELAIDE STOCK EXCHANGE. ADELAIDE, WkDNRSDAT. Tho market in silver stocks was very dull to-day, business again being chiefly confined' to Broken, prices all round a weaker tendency.

Sales South Australian Brewing, contributing lis. Baker's Creek, 27b. 6d 11. Broken, London register, 5 13s. dd.i eolonlal register, 5 1m 6 'lis.

5 14s. Eb 5 14s. 3d. British Blocks, 14s. 14a.

Block 10. 6 to 5 18s. Junction, 6s. 6s, South, paid, 9d. Central, paid, 34s.

6d 34s. 34s. bd. Junction North, 6s. HOBART STOCK EXCHANGE.

HOB ART, Wednesday. To-day's sales were Adelaide, is. 5id. Oueen, Ids. 16s.

bd. Volunteer, 3tt. 3d. I The SOUTH AUSTRALIAN ADVERTISER Is SOLD In MELBOURNE DAILY, Shortly after tbe arrival of the RtpreM Train From Adelaide Following the date of publication, at ONE PENNY PER COPY. IJ tlORDON and nOTCH, Queen-street JOHN ARMSTRONG, EhzaNrth-itieet: RAILWAY BOOKSTALL, Flinders and Spencer streets.

The SOUTH AUSTRALIAN CHRONICLE, Price FOUKPENCE, Is obtainable front the above Agents on Saturdays. Ad vert dements are received by the aluve Agents and the Exchange Advertising Agenry, Collin street, BURDEN and BONYTHON, Pmt.rif-tnm. Arfelalil. ft.A. Fl'iiik" Lk Alii no" "fiVKNi xti PAPER of NEW M.

SOUTH WALP.S, THE AUSTRALIAN STAR, EIGHT PAGER DAILY. TWELVE PAGES UN SATURDAYS. it. to. per quarter 16,000 COPIES CIRCULATED EVERY SATURDAY, mo.

per annum tf. as. njuiisciin, OKLK'B PILLS, FOR UVEB, QOOKLE'S PILLS, JOUKLK'8 PILLS, FBEB FROM UEKCDUY. QUOKLE'8 P1LLB. FOK INDIGESTION.

QUOKLK'8 PILLS, FOIt HEARTBURN. QOOKLE'g FILLS, FOK HICK HEADACHE. QOOKLC'S FILLS, FOR API PITY, OUKLB'S PILLS, IN USE EVERY W11KUE. JOOKIiK'S PILLS, IN USE KINBTY YEAKH Id boxes at Is. ts.

4s. IU. and 23, OP ALL MF.DIOINB VENPOKS 1UKOUUHOUT THE WOULD. WILL BUILD YOU UP. WILL CHECK wasting dlsecm In your children It will biiiis the flush uf iii'aiUi to their cheers again.

bCUlT'S KMC1.SIUN of I'ure Cod Liver Oil and Hypophosphitea of Lime uud Soda will do this. WHJj STOP YOUR COUmi anil aid vuu In tli vi iv nir otT a neav eold. TlieremeUialuKeuo) of EMULSION ui mre i.iver uu i irouaeriui. TWILL FORTIFY your ystrm so that It trill ant he so snlijee: to colds or itiitnso nerms. tji'tHTS KalULSUi.N is a much needed reinforcement in the battle for health.

WILL INCREASE ytiur iubt and hrinff It up tn a normal condition. It Iccdt uralti uud nerve tissues, 'i lie llyphoipl.iteRin -SCOTl'si EM ULSION render it utmuiely superior to the plain Cod Liver Oil. WILL QUICKEN yrtur appftltit and that of your children when It sr. uis as if nuthioic wa palatable. OTT ri EMULSION revives all tho llnxsii'K energies.

CAN BE OBTAINED from any CHEMIST. iliinufactiired by SCOTT and BOWNE London, K.U. pHB MUTUAL PROVEDORINQ XjIMITEII, ELIZABETH-STREET, MELBOURNE, Will have for tale during EASTER a Special Supply of FISH Of Every Variety Procurable, Australian. Engllih and New Zealand. Alio GAME, POULTRY, BUTCHER'S MEAT And SMALL GOODS, CouDtfj Orders Promptly Attended to and Bent by I E.

15 Art 9UUTH AUMHALIA JjlAlirr.U. Mi'lbourne, 12th April, 1S92. The Customers or this Bans are hereby informed that i conformity with a resolution ictsfciI in London by the Shareholders on the 11th Inst, the Hank has CEASED Ol'KltATlONS All it badness will hereafter be dealt. witn ry The Union llank of Austrnlia ll; taixneuj, n. r.

acivriii HE UNION BANK OF AUSTRALIA LIMITED. Established Iucorporated 1630. Together Reserve liability of proprietors. Total capital and reserve funds tralia Ld. is now CONTINUING THE UUSINES formerly conducted by tho Batilt of South AiiBtrnll LL In coiiforuiity with an agreement made between tne two caiiKfl in ionuon.

t.iUfnedj, ii. General MauaKer. iHE UNION TRUSTEE COAfPANY of "A'US- VICTORIA and QUEENSLAND. Authorised Capital, Paid Up, 73,822. bilbscribrd.

164,556. DIRECTORS: Melbourne: Hon. Wm. Bnyle. chairman: Hon.

N. Tnorniey, ai uavwi tiutr. j.r.; Martin M'Kenna. J.i'.; no u. A.

ueaKin, Al.UA.; James tirice. J. P. Brisbane Hon. Donaldson, Hon.

A. Norton, Hon, Alex. Rati. Hon. H.

M. Nelson. H. Flower, A. B.

WeuBtw. Hen. W. D. Bos, Manager.

Branches at Ballamt and Wnrrnatnbuol. JOHN MACK1EHAN, Manager. D. W. RAMSAY, Assistant Manager.

Head Office: 463 ColllnH-etreet. TKUSlEErt, EXECUTORS, riMPAW nf ATTVI IJ A UIHEIJTOIIK Hon. N. FITKOF.RALD, M.L.C. (Chairman): W.

Cain. J.P.: M. D. M'Encharn, M. O'Shaiiassy, J.P.: Hon.

W. I. WiuUir-lrviiiii, M.L.C.: and Hon. Walter Madden, M.L.A. SUIMORIBKD CAPITAL.

Paid Up, 30.000 Reserved Fund, 23,400. Executors, TriiHot'A nnd Auents for Abscnues. Direrior: Hon. WALTER MADDEN. OfflceE 46-1 Collins-street, corner William-street.

fpHE LEADING SOUTH PAPER SOUTH AUSTRALIAN ADVERTISER. PENNY MORNING I'APEE. The Circulation of the Advertiser is TREBLE that of any other Dally Mornioe Paper published tn South Australia. BURDEN and BONYTHON, Proprietors. Adelaide.

S.A R'S SARSAFARILLA Is everywhere recommended as the best remedy for the cure of scrofula, scrofulous nnd cancerous catarrh, salt rheum, bilioiumons, nnd all dUeanesoriKinnt-i in Impure blood. It expels tin- arid that causo rheumatism, gout nnd dropsy, it icfiilnics the liver and kidneys, gives tone to tha stomach, increases theappe- CURES DYSPEPSIA, and makes tho weak strong. No other blood purifier is composed of audi carefully selected, highly concentrated and skilfully united ingredients. For nearly half a century this preparation ban, in both hemispheres, been the standard tonic aud strengthening tmdlcinc It la universally apuroved by the inediial profession, aud uenenis tne vuieeuieu an seusous oi toe year. AYER'S SARSAPARILLA, Made by Dr.

J. O. Ayer and Ca, Lowell, U.S.A. Bold by all Druggists and Medicine Vendors, CURES OTHERS, WILL CURE YOU. 13 AN of ZEALAND, MJ incorporated rjy Act or unnerai Assemnly, 29th July, lfsbl.

Banlcors to the General Government of New Zealand. Paid up capital Reserve liability 1,500,000 Total capital and reserve 2,400,000 Head Office: Imdnu, 1 Queen Victoria-street, Manxitm House, E.C. Directors: It. H. Olyn, President.

Rt. Hon, J. Mundella, E. Herbert Esq. M.P.

J. A. Ewcn, Rt. Hon. Sir Job.

FcrgussoD, Cnlomd Rarintr. Hart. M.P. T. M.

Stewart. Kra. London The Rfthk of Ent-nuia and Mesars. Glyh, Mill. Ctirrtc and Co.

General mat Beer's olHcu: AucKianii, is. a. oenemi manager: w. i. tioimes, Ksq.

he bank receives money on FIXED DEPOSIT at current rates, neirotffttca bills of exchange, collects for Us customers dividends of public companies and interest on HE Keserre Liability, 100,000 Unarnntrc Fund, 10,000. F. E. Stewart, Chainnan. The Hon.

John Madden, LL.D., Vice-chairman. Matthew Lane- Erq. Edward Fanning. Esq. I Robert Reid.

Esq. H. IS. Hieniu. Km.

Oliver Vial. Eao. Iteclsti-reil itliccj Osf nril-clism b-ra. 4H1 Bnurke-strnt. Thisnoinpany is empowered by bpeclnl Act of Parlia ment to perioral an clauses oi imsiee uiisioku.

i JOEL FOX. Manager. E'1 LECTORAL REGISTRATION PUBLIU NOTICE. SOCIETY This Omce will be OPEN on SATURDAY and TUESDAY NEXT for Inspection of Rolls and Other Electoral Information. M.

R. MACRAE, Secretary, City Bank-chambers, i itnii rn e. I A From THE NATIONAL ASSOCIATION. AU SUl'PORTEIW of Political Pmc and Progress ntnnll, enwtl AT ANY SACRIFICE RECORD THEIR VOTES On WEDNESDAY. lh APRIL.

Poll Open from 8 to 7 imh. In mott Suburban Electorate. Trodn H.I1 Cnriidftte, kr. nnmin.tctl, nnd only the met Luergetic EIToruwIII secure their Defeat. JAMES MAODODOAI.L, Chainnan.

REMEMBER, EVERY VOTE TELLS. YDNEY DAILY) TELEGRAPH SYDNEY DAILY TF.LKGRAPH BlVbX UAliiY TltljbUUArXB Has a LARGER CIRCULATION Than any other paper In the whole colon And Is The ONLY Id. MORNING NEWSPAPER, In NEW SOUTH WALES. ADVERTISERS, NOTE TIIEHE FACTS. ADVERTISERS.

NOTE FACTA a in finnioti and i Uiiesn-street: Exchange Advk Cvlltns-sueet J. Armstrong. KlUa- cetn-streci. I THE FIEIJ). rrt The NEW hlfiRTINO WEEKLY.

Published attbeOfflcea i ih. AUSTRALIAN STAR, SYDNEY. The Principal aborting Authorities of Victoria and New South Wale En (raped. Wholesale Agent for VIcw-rla-UOHDON andGOTCH fV AL MAIL STEAMER landing short of funds, havinif letter entitling them to property or money In England or elwwhere. can have CAS1 riiill A I (VAnur.u wimout ironoi oeisy.

Vanayck. D. UENRYi BoiuUs-itrttt, aut G.P.O, and I 'THE NATIONAL BANK OF AUSTRALASIA of I head office of the tympany, Collins-si reel. Melbuuriie, on iienday, t)i ird of May uet. at 12 o'clock uoon, fur the i minii- iw report hi me tiireeiors on anairs oi the bank for thi-past tialfy4r.

ToeJH-t two director in lieu of Arthur Heptimu Kiug, and John rice, who ntire by rotitinn, but are lifiih'e fur re eletl'Jii, and have liitiuiated their inu-iitiun uf uttering themselves accordingly. There an- uo other raudluauv. To appoint two auditors for thu ensuing year, and to transact such other business as may ba uewuary or thu may require. By order of Uiu board of Directors, F. it.

mimt, Chief Manager. Head Office, Melbourne, Htb April, 11)93. The TRANHFKK nO()KKfif tlia rnmimnv will Im closed from Monday, ltth April, to Tuesday, 3rd May, lu- rpHK ThUbTKKH, KXECpI'tiHH and AUUNCY COMPANY LIMITED. Established 1S78. CAPITAL 8UB8PRIBED C1U.CO0 0 0 CAPITAL PAID UP W.OCO 0 0 10ibt.lt Vh.b auu Undivided Proflu 9 0 DI HECTORS: 11KKK.

Fan rhilrmnn Hon.Ja. Balfour, M.LC-, Vlte-Uhalrman. R. Godfrey, Esq. It.

Murray Smith, JAMES BORllOWMAN, Manager. No. 37 iieen-sj reet, Melbourue. 0 w. READY, THE AGE ANNUAL, For 1692, This being its EIGHTEENTH YEARLY ISSUE.

PRICE. UV. io CLOTH. 1.M. A "ti SE Will be (JlAi-SKli on FRIDAY, SATURDAY and MONDAY, Utb, 16th and lKth Instant.

Easier Holidays. BALL and UEUJU Carlton. Co, To thn Tra.U. for CASH DuriiiK ONE MON'IH Only. Prior to their itcmuval to their New Premises, 376, 3B1 Lonsdale-streeL TT J.

li. i C. of Collins-street, will be out of town from the 11th to the 26th Inst. VrORI'HEliN' Tiist-Yt ifTH p.s't'atf:. Financial and Cmieral.

ACM Eltl AJi (JOM- 1'AiN 1 UoMlnsBlreetTelephone 77. LUMl'LUTH; net Artltlttal Teetn, bust vuioaniw, xs. Kit-lit uniuuai. Plnmon 4 Dw-yer, Deutima. 135 Collins-st.

SOUTHWELL CoulUs llate Hcourfleld ft Coultaal, Tailors, Eurlie aud WiilB-chauibera, corner Collins aiul Riissi'll streets. SCO UK FIE LU A COMPANY, Tailors, 1C5 Op.QewiaM Ueorg. DK. FELIX MEYER will be out of town till the Situ. 169 Lygou-street, Carlton.

POSTAL NOTICES. San Francisco via Svonky, Auckland and MONOIA-LV. Mariposa, April 10. Aloneyoruers.jp.m.t Thursday, April 14; registered letters and new- snturdav. Anril 16.

Lata letters will be received at the General Post Office, from 3 p. in. to 3 30 p.m., from 130 p.m. to 4 p.m., 6u. At Spencer-street railway station, from 4 p.m.

to 4.50 Is. Letters for Eurooe will be forwarded via Han Francisco anil the United Kingdom, If so endorsed, postage Ud. nur hnlf rtunnt. Et'iuiPK anu the East. Omiiiz.

tIu, Colombo and Nft.niii. Tupftrtiiv. ADr is. eruers u.m.. Thursday, April 14; parcels 10 a.m., registered let ters ii.au a.m., oruinury letters, iotlnijwi uhu newspapers 2.16 p.m., Tuesday, April 19, Late letters on April 10 Registered letter? From 1130 a.m.

to 12.30 p.m., from 12.30 p.m. to 1.30 n.m.. Is. Oidinarv- letter From 2.16 n.m. to 3 p.m., 3d.

At Spencer-Rtroet railway station, up to Auckland via Hydnkv. Mariposa. April 16, 4 p.ui. DATA ia, aiNUAniKK, tia iwuiitt ninaiia. Mm 11.

dn in. California, London, Aa, via Sydnky. Mariposa, April 16, 3 p.m. Emu hay and Circular Hkad. Te Anau, April 14, 3.33 p.

Hthaiian and Zekuan. Olnneljt, April 16. 11 am. ssmaxia. uooKee, April is, i p.m.; Kotonianana, Ann I 14.

4 Din KbT Australia VIA April 19, a 15 p.m. INDEX TO ADVERTISEMENTS. Pasel AinusemeDts Auctions Hanks i Companies Mirths, Marriages, sc. Buard itcEiitence Building Mii'erials I'artnerHliiliS Machinery, Ac. Medical Meetings, Lectures, Ac.

Me.cliiiwlhe Minim: Notirea MiH-itiB Money Profesiiouat Eugagcm'ta Public Notiees Publications Railways Shipping Situations Wanted 1 Situations Vacant SpeclalAdvts. Stocks and Shares Tenders Wanted to Wanted to Sell Wines, Spirits, Carriages, Vehicles, so. Ciinvnyunce kution Notices FiltifTal Notices lintels. Holiday Resorts Homes Laud to Let. Houses Land Tor Houses A I nd Wanted Htuh A Stntinns.

live Stock for Sale. Ac. 2-3 CIRCULATION OP THE AGE. 30th January, 1892. We have this day examined tho pub- liBhlng- books of THE AGE newspaper, ana find that during the three months ending 30th January the number of copies printed was 7,803,657, which gives AN AVERAGE CIRCULATION OF 101,346 DAILY.

DANBY, SON i Accountants. 62 Elizabeth-street, Melbourne. To-Dat's Isbub Consists or 6 Faqrs. MELBOURNE, THURSDAY, 14th April, 1892. A strong Government, determined to maintain the dignity of Parliament, and capable of carrying out its policy," is the aspiration winch Mr.

Deakiu onered up to the electors of Essendon. And it must be admitted that it is a very admirable one. But there are strong Govern merits which are so merely because Parliaments are weakstrong Govern ments with weak policies. Both the late coalitions were -Btroiig: Governments in the sense of having a numerous backing. But what, have-either of those Governments left to the colony as a legacy of their strength From the Service coalition we have two special pieces of legislation the Railway Board and the Public Service Board and they are both monuments of mischief and disaster.

From the Gillies Deakin coalition, strong also in the count of its following, we have a heritage over which the colony will mourn or curse for many a day. AVIion, therefore, Mr Deakin sighs for a strong" Government, let us hope "that his meaning attaches to its programme rather than to the number of its supporters. A Ministry with a strong policy, and withcapabio administrators in its ranks, will not long lack support. Any other seeming Htrength is real weak ness. At the very time when Mr.

Gillie lorded it in Parliament as the strongest of Treasurers and Premiers, he was the weakest and most incompetent financier who ever bungled the national accounts. At the very time when he talked in sounding phrases about the unapproachahle and phenomenal virtues of Mr. Speight, lie was an administrative tinkling in that department, so feeble as to be incapable of even protesting against the manner in which he was ousted from his own oil ice there, The country knows now that it was to his weakness as an that we owe tho deficits at the railways -and the disorder at the Treasury. It is very necessary then, when we givo onr assent to the desire for a "strong'' Government, that wo should know what Is meant. To be truly strong, a Government must have, not only a good following, but it must have acquired that following from the promulgation of large and definite aims and in addition to this it must have capable administrators.

Measured by such a test, the present Government has certainly no reason at present to be apprehensive as to its future. Mr Deakin is scarcely a fair critic when he says of the present Government that the deficit which exists today is a deficit which exists at all events by their permission if not by their creation." We have made our own common ts on the failure of tho Munro Government to provide last year for the deficit which was foreseen from the moment Mr. Gillies was removed from office, but iu renumbering tnat Mt HOB30N8 HAY. lit oh Wtir This 3.42 a.m.; p.m. To-Xoorrui.

t.2i a 4.U p. in. WiKDANU BATH B.W.,a1e, dull, nimUr: 29.96; 60. 1 R.JJ.. tronj, dull, qu.llj 72.

4 u.m.: S.W., trou, tlull, niually 30.05 c9. ARRIVED. A rK 1 1. 15 TeAnau, Unlou line, 1652. C.

W. Todd, from hew XmUnd port nd Bluff 8th lint. I'tttwiu'en-wlimu: UesdauiM Clarke ami uuid. Moon-huuiu Miuucy, Allen, Cilon. DMldaon, Ilatl, NU-lioUu.

Hrltr.i. I Ward, Be niuinin and family. Whit ennui, irwui. Holds-wurth, family aud uiniO, Kruier, Mimi Heal, Mooro-houie, Methveu. Rowan, Trnwuwnn, Canon, Ulhsoii 12(, Luck, Meeann, Cossuls, Messrs.

AUmi. liilmi, Arm-troiift. Brnwue, Bacon (2), llay, WurrrU. full, Mehula. Burlway.

Morgan. Meihieu, Kili)u, lluwlett, Clarke, l'rlre, Stewart, Slime. Uptijamiu, Hijuire, Whlro I 'pi 1 I'll If KuWerB. IvUson, tidley (21. Lurk, Ward.

WhiU-lmut. Irwin. l)r. IIVCHiaut BUI iu the trnnje. Datid Mill, iirimn n.i.ni iinA Ait a.

K. White, from Sydney, Wh and Hobirt, 11th Inst. l'aaenijer rom Hyduey for Melbourne: 26 in the aaloon. Frotn Hobart for Melbourne Mesar. 'Arthur, Ulrh, R.

Murdoch, h. Cainphell. Mn. f'niwll. Mr, and Mis Hilton.

Mr. and Mr. Houston, Mr and son, KeT. Mrs. and Master Undwy.

Mr. and Mrs. David Anderson and family. From Sydney lor Aile-laida: 7 In tha saloon. From fS)dn-v for Allsiny; Mr.

Iredale, Mil lckie, Mr. Mr. Wiiiitaker. Mrs EddridgeandMr. Black.

Prom Sydney for London In all claws, a per Hit published on Monday, Mr. W. t. Melby. purser.

M. I). Anderson, Weill. Argus, A. CnrriB anil Co.

line, 2792, J. Johnson, from Newcastle 10th Inst, l'auengcra: 6 in tbs saloon. fuul. from Portland and Port Fain. Passengers saloon 5, Edward A.

Swindell. iUArtimr, irum th iiiflt. raetuer-ttloon Mr. lttr. HocUIn, agt'iit.

OleneUr. 250. da. M'Nalr, from Strahan 12th Insf Paeni(en: 19 in the steerage. J.

KUorker, oseuU ENTERED 13. Crown of England, 1658, P. Hollywood, for New- lv'irid. 384, John Kenrie, for Wollongong. (lainep, 919, W.

Fagersiijold. for Sidney. Isabel, 44, J. Wtllianif. for lilt erslwue.

CLEARED 13. Maltland. 40. John Leith, for Circular Head, In Emu Bay and Devonuen. Time, 4600, Thomas Moore, for Sydney and Rew- Peregrine.

2000, J. Pain, for Sydney and Queensland porta. Saloon, 130; steerage, i7. BY RLEi'TniV TELEGRAPH. PORT PHILLIP HEADS.

AttHTVRD. April from Drainmen. Bailku. April 13. Flinders, for Circular Head.

Oapb Otway. Inward. April 13. 4 p.m., steamer, White funnel, flying Howard' hmise fins, CAM MblhoN. Outward, April 11 a.in Ade- Uabo Island.

April 13 n.m., Rarrabpol wejt. 8YDMKV. Arrived, April 12. Industry, from Melbourne. April 13.

Tniiuiin, from Hoiik Kong: Innii-mlneka, from Melbourne; H.M.S. ItoyiiliBt, Iroru Hobart. Bailed. April 13. Lubrik.

for Toneti: hllncamite, Oonali, for Hobart; Industry, for Melbourne; Wodouga, lor Brisbane. Nkwcastlk. -Arrived. April from the Adelaide River; Follnck, from Ak-mi liny Mauo. Ciwy-dir.

Nomol, Cairo, l'liu-be, Saxonia, Port Victoria, Vacuna. Oraee Lynu. Anuie, Hirondelle. Malcolm, Bedfordshire, from Sydney. Sailed, April 13.

Atalanta and t. tn TMn- Mt'iiniuth. Medea. and Bankholine. for Valparaiso: Ability, for Capo Hawke; iajtllarerro, l.inuu, loncurry, iwr wei-bourne; ElitiKamite, Oonab, Alice, baiooia, Balmaio, Arrived, April 13.

Burwah, from Rock- riampron. aaiiea, April ix larunu, ivr ntaryuuruuKu, tiulf of Bothnia, for the south. Kkppbl IIav. Sailed, April 13. Arawatia, for 8yd- "'caIKNS.

Sailed. April 13. Victoria, for Townsvllle. Cooktown. Sailea, April 13.

Qlanworth, for Is or-Inanton. Low HRADa Sailed, April p.m., Coogee, for Melbourne; 6.10 p.m., Rotomahana, MEAN TIME. April 13. Time ball dropped at Willi amstown 1 h. 0 m.

0.0 sT Post Office Clock, at 1 p.m. 0 b. 0 m. 25.1 s. fast.

WEATHER TELEGRAM, MELBOtlRME OHSKHVATOKV, April 13. 3 p.ro. Portland to Port. Phillip: Line interrupted, UhiliiK rn tV Minn's I'rumutitiirv Hurumeter riuinic: overcast, SQiially. and showery; strong U.K.

winds and high sea. NAMOl AND I Wepsksday, ISth Echuca, 1 Id. summer level. Swan Hill, summer summer level. Aluury, Bummer ipvcl nnurm-, nw.

i ft nhnvH Kiinutipr level. aiini. inerleveL ku.ton.5 ft. Sin. abnre summer level.

Gun-dagai, 2 ft. above snnnuer level. Hay, 11 in. alxive Biimuier level. Loutn, i n- in.

noove summer ic-vei. Mogil, 1' ft. above summer level. Mrniclndi. 8 ft, 7 in.

nbove ummer level, pieninaie, n. i m. aimve nun- ihnnnnrris 7 fr in. nltnvp ii mill fr evp. Tilpa, low.

Wagga, 1 tL above aunmier level. ent worth, 4 ft. 9 in. above summer level, wilcannio, 6 ft, boots summer icvcj. ivpnnTS April IS.

Ormnz, from Sydney, via Hobart, for London: 11 pkirs served meat, 294 ca gum, 48 pkaB general merchandise from Sydney 2790 cs fruit, 1 cs sundries, from Hoban. Te Anau, from New Zealand ports: 600 pkga tinilier, S96 hides, lsks oystcw, 102 aks oysters, 3 bis wool, 15 horses, 541 pkws butter, 685 sks gross seed, 1544 ska rials, 3 L-a llsh. 50 cs cheese, 1400 fireclay bricks, 215 pkss meat, 343 psgs aundrk. Argus, from Newcastle, for Calcutta 4000 tns coal, 400 V.7.r. r-, ntnnalarnl Irtkrtl nml Pnw 6 ttis furniture, 49 cs sauce, 1 huggy.

2 cks tnllow, and auantity Of sundries, and 60 Units tlaJi from Uefuge Casino, from Portland and Port Fniry: 24 cs fniit, 10 bgs ry, 493 bg iiotatoes, 110 bgs chaff, 5KI bis straw, 30 Dti lucerne, no "-Bundrie. -vwirth-Apiiil 12. Adelaide, for Adelaide: 139flks sels.lp drms 13cks tsr oil, 20 drms ncatsfgut oil. 14 pkK tobacco and rfpirs. 45 piigfl tea, 2 cs plants, 45 btits Wire.

E4 tons refined nmar. 6 cks 7J tons 1 pkit treacle and golden syrup, 2es essonces.6 gross hot lets, 169 Ves groceries, 9 pi.se nure, pugs printed paper, 6 pkgs stationery ami books, 6jk fcalherware. li ptrsjs drsptrr. 3 nkas effects, Iff? l)ft9 hides, 14 bfts snnkes, 83 cfl fruit, 4 pkes i glass, 2 cs gal-vnni-ed Iron, 16 pkgs mnnuractured metr.Js, 14 coils lead nlpftAc; 1E0 bas flour, 315 t'Rs rolled oat, 6 hlskniKili, quantity tuba, 2cs photo, uoods, 10 hga oat-TOf-al, 2 pks linoleum. 3 ba potatoes, 5 pkafl iiierchandiso and original cargo lroui Sydney.

Ai'Kll. 13. Flinders, for Emu Bay, 20 hgfl salt, 4 cs vestas, 2 vjkss linseed oil. 13 ph8 glass, 6 pkRfl papers, 2 ca tonsues, 11 pks Kc; 2 to bar iron, 2 cs beef, 4 ph-m preserver! fniit. 3 cs oysters.

40 iws nee, 11 pkBa cur-Jants, 390 pkits hardware. 576 pes timber. 10 sks seeds. 11 vs iriiie, 57 pkgs nmcerie-. 4E1 sugar, 5 hxs raiains 3 eg vineiraT.

pkjjs tea, 10 bxs candles, 45 bis coruMcks, 8 draiwrr. Ac: 7csnlead stout, 2 cs whisky, 1 oj tleneva. 4C0 cs kerowee. 2 cs paint, 2 pkgs woodware, 4 Time for Sydney and ewcuatle: 30 drms oil, 10 pK's U-a. 3 pkg apparel.

2 pkgs printing material. 21 cs oii; 4 pkgs telihrapbic matenal, 3 cs leather, 10 pugs for Rvdney and Queensland ports: 1070 tms 520 qr-l'c 40 hf-bss flour, 16W bHsmjar, S51 bgs 100ligsohi.fT75bpsonions.78ca tomato Eaucc, 586 cs Uira-ntine. W4 i.kjjr lea. 0 cs niarmjlade. 20 cs salmon, 4 pkgs water lifter, 16 pkKs effects.

13 pkgs wool ureas, 15 pkgs cane, 40 bxs medicines, brs iron, 13 bgs hides. 15 bis bow hair. 00 lirls apples, 10 cs currants, 3 xr-cks cherry, lOskn rolled oatr. 30sks ontmcal, 11 pkBB hardware, 3 pkgs cigars, 5 tobacco, 116 ca cs jnerchandUe. TheILM.S.

Oruuw, of tlie Orient line, arrived yestfinlav inorninp from Sydney via Hnhart, and was berthed at the railway pier, Williauistowii. 1 lie weather was so boisterous in the Hay yesterday, the sea so rough, that it was connidei-erf inadvisable to Lake the steamer to the ordinary berth at Port T'Velbouruc. as the waves were washing against the nisi with such force that great Uirhcutty would have been experienced in getting the vessel safely moored Aiv WMiamstown. however, no such dihV cultv was exDtienced, os the water at the railway Dier was quite The Ormuz lias a large and misoellMeous coUecTlo" merchandlso from Sydney. The larger lintC ft PTaTIiT'S nrinorvoA fniir mun nnrl tf'wl- At Hobatt there was very little fruit, and only caa3 taltind.

She will taks 500 eases liete- The passenger accommodation is all tan up, the popularity of the steamer attracting larce The weather experienced on the run from Syi.1 bos been very unpleasant. On when she left, the weather was fine ni3 the winds light and variable. At Uabo, however, she fell in with dirty weather, and a fresh southerly pale, with thick rain squall. This weather continued until the ship was off Ed-dystone Point, it moderated, and westerly winds were experienced to Hobart. She arrived at Hobart at 1,12 p.in.

on 11th and left at 9.45 6111. tho same day. During the vessel's stay at obart the wind had increased, and when she put to soa she was exposed to a strong westerly' wind, accompanied by thick rain stjualls. At Banks Straits the weather became worse, and settled into a s.w. gale.

At a.m. yesteruay tne sea was terrific, and great waves fell over the ship. The Heads were sighted at 7 a.m., and the passage tbroiigh the rip commenced as soon as the pilot was obtained. The tide was on the ebb, ind a terrific sea was running. The water was broken, and fell on board nn all sides.

An unusually heavy sea fell over on the starboard side, swnmped the purser's cabin, and found its way below. The Ormuz will resume her voyage to London on Saturday. Til Union Company's s. I'e Annu, Captain W. Todd, arrived early vesterday morHng from New Zealand ports.

The Te Anau It ft the Bluff on the 8th Inst, at 5.30 p.m. and wits oil' the Sisters' Islands at 7 a.m. on the 12th inst The Promontory was rounded at 4 p.m. on the 12th and the Melbourne wharf reached at a.m. yesterday, for the first two days light N.W.

to K. winds anil line weather were experienced. Then light southerly winds to the Sisters and thence to arrival strong S. gales. The s.

Argus, one of Messrs. A. Currio and boats, arrived yesterday en route for Singapore and Calcutta, and was berthed at the town pier, Port Melbourne. The Argus has 10C0 tons of cnal on board besides 400 sheep. She will take 12 hore on board at Melbourne mid sail to-dny.

'the Argun left Newcastle on Sntidav morning, with light winds and dull threatening weather. Off Jcr-vie Bay a strong head gale commenced, and continued to arrival. TUB s. Norkoowa, from Newcastle, entered tho Heads yesterday, but had nut reached the anchorage at sunset. THE bt.

Stavanger. 938 tons, Contain landmark, I from Drammen 28th December, reached the 1 anchorage last night. She is consigned to Uibbs, Bright and Co. The bq. Kllora, outward bound, was oft the Pro montory yesterday morning.

The following steamers left the Bay yesterday Flinders, for North-west coast of Tasmania; Time And Peregrine, for Sydney. THE following passengers have been booked to date from Melbourne, nor s. Ilnllnarat, sailing 23rd April; For London lady Mngdillon Herbert and maid, Mr. and Mrs. Alfred Hay ley, Miss Orave, Miss Donaldson Hudson, Mrs.

T. Smith. Miss Bessie Smith, Mr. and Mrs. Daniel and child, Mr.

Branton-Uay, Mr. Fanner, Miis Younor, Mr. and Airs Alex. Lyons, Miss Sillifant, Miss Croaker, Miss Crosslef, Miss Morris Mis Kvans, Mr. Onthrie, Mr.

Severs, Mr. Collins. Mr. W. V.

Smith, Oi plain Poscoe, Mr. Fitmty, Mr. Atkinson, Mr. Oeo. Vlcetlch, Mr.

Waterhouse, Mr. and Mrs. Smith and children (2), Mr. Harrison, Miss Todd, Mr. and Mrs.

Broncher, Mr. and Mrs. Mainwaring and family, Miss Schonburgh, Misses Herring and Horn. For Calcutta Mr. Scbultze, Miss T.

thneora. COMMERCIAL. Wednesday Evening. Tho ihareholoVr and depositors of the English and Australian Mortgage Bank will be asked to-morrow (Thursday) to consider a scheme of reconstruction, particulars of wiiioh have already appeared in our columns. It is fair to tha board of directors, who make the proposal, to assume that prior to mo dotna thev have carefully gone into tne com pany's position and ertimated.on the knowledge thus obtained, now iar nsnm i irnntinn likelv to Dtow MOceiiful.

Assum- i. All tvMsible oontingenolea have on at are hiii will of be old tw i of up up up to A I Vtiiced but a weak tune ha since ruled, and price, a luinpaiitl with luii Thurrda, show a divllne ut 3d. at to -da) a close. The market UU.i morniug opened Heady at yef lerday's reduced va'ues, and imirovrd nhout lj'l. in the rouriwi if the nay.

Sales are ealiucited at a Unit 4000 boQO loni, and eoiuurlse ilun li at 14. 14 pin 14. OR, 1R lessi, and 14d. net: April, 14. ltd.

plus 3.L It 4 ami 3d. iitt; May. 14. with ijd. uombiued, 3jd.

ar lid June, Ha. 4 1. plus i. 6d less 6L net July, )4s. 6.1.

plus j. August. 14s. 7iL plus Bid. and 90.

market vlmm Ui in at the advauce. Con-tracU registered to-day fur 21,000 bag-Locally to day in teas we have sales of 1200 iuartr-chests of Kiiinow buds ut find a line of Ceylon fiekoes. Fair trado Kites of oilmen's storex; 100 luxes of vermicelli and 1C0 boxes of uiaccanml Hold 500 boxes of Tuylor's covouat Ih. 60 boxes of KppH's at Is. 80 ciimhs uf lluiixiker's Htarch, 40 dozen of Cox's RelHtine, 10 tons of whiting at 2 10., and 500 boxes of Colmttii's D.H.F.

mustard. A little more done In dried fruits; 100 rases of currants, pi hue quality, sold at one tniik llarcelona nuts, one tank of walnuts at 100 boxes of iliiU at 4l. Small lots of Hsh are moving olf freely ling wanted, and Kod to prime finality all out of importer' bauds bO case of oysters sold at c. 3d. lobsters sold at lis.

ami suit hvrriinpi at lbs A little more doing in elicinh-nls 20 ewt. of flower of sulphur sold at 9 100 kegs of cream of tartar at IM. A parcel of Minpru.lt' 70 per cent, caustic soda placed at 14. Hoda ash scarce, and b.is an inquiry; present quotation range from 9 to 9 10s. The metal market Is quiet, but the hardware hour.es all report a good country demand.

In liquids, we have sale of 20 quarters of lialliiehatiiih whisky. 160 cases of Atcheson's ale, 500 cane of Foster's ale and stout, 100 cases of Rluerfold lager, and 900 canea of Monk brand alp. In wines, SO quarters of OIHey and Forrester's port placed, and 50 coses of tit. Raphael wine. With regard to thH timber trade, Messrs.

Lord and Hughes report na miiuwa nrcKon I'ino, Imports: 2,482,661 feet super. Theurri-valr have been Mnniins Unlit, from Vancouver; fluid-regu and Marie, from 1'uget Sound. The Marie's rarco wan sold to arrive, and the (ttildrcgu's bus been quilted ex whtrf in a line, hotti at prices withheld. For trade par-relsot re ent arrivals s-ih-s have been made at 4 12s. 61., and holders are now asUfug 4 16., whilst old stocss are at 4 5.

to 4 according to condition. Lntn-ter. Imports: A7f. The trade are well supplied with shelving, and sales hive been exceptionally small; quotations are 10 to 11. ai conltiiB to brand.

Clear Dine con tinues almost unsaleable, aud the same may be laid of and ceiling, for whlrb holders are niking 9 10s, raliforniau Redwood Imports: Ail. The ct yard, nut there his lui Suifiir Nil. Business In thh descriutlon is at liable retiniremcntu for stime time to come. Flooring and eat herlmanls. imports uib stamlards.

Tne arrivals have been SI gup, from Dmininen; J. O. Julius, from t'hristlanla; Frieda Malm and Anstrulla. from Prederick-sliald. thu cargoeR ex Frieda Malm auu Australia come direct to the order of the truda Fair bjUl-s have been made privately, and prices, after slight fluctuations, close on a par with last momh quotations.

The ex Mynt (arrival 23rd November, 1891) is reported sb having been Eold in a line at price withheld. Kuuri I'inc Import 239.185 feet super. The arrival are Presto and Tekapo. A few small sales have b-en made publicly at prices nuotd below. Business In this description snows a slight Improvement ns regards quantity dlnpoied of, but at the expense of prices, which are lower.

Cedar. Imports 113,600 feet super, ex niial coasting steamers, rials have been rather larger, nml there is a slightly butter demand for good loss, but price liave not Improved. Good sound logs have changed worth 4iiL, and boards 5d. to sjd. per foot super, for ant class goods.

Laths and Picket. Imports: Laths, 238.720; nanus at ti. ou- to oitcnca are numiunuy pickets, 160,660. There Is scarcely any demand. nally 4 feet Oregon laths are worth picKets.

6 10.. and spruce laths, 4 feet, 23s. 6d. Slates: Imports: 163,219. Tits trade for the mast part heavily stocked.

American 20 1 10 may be quoted st 5 10s. to 5 IE, and Welsh on the bails of 11 for 20 10, but. these prices are purely nominal, as no builness Is doing Iu either description. We have been requested to direct the attention of grocers and dairv produce merchants to the sale of butter to be held to-day by Messrs. C.

W. Gray and of William-street At a meeting of the creditors of Messrs. James Macdougall and importers anil agents, of Queen-street, a resolution was adopted that the estate should be assigned to Mr. Davey, of the firm of Messrs, Davey, Flack and Co. The liabilities are small, amounting only to about 8000.

The revenue collected at the Custom House this day amounted to 6421 3s. wharfage, 331 14s. contingent, 1 4s. BALKS BY AUCTION. TUB At TRTKA1.

ASIAN MOKTOAOE ANTt AOKNCT Company Limited report: At our usual weekly auction saloof grain held to-day, lief ore a large attendance of the trade, we submitted 5224 baps of various description. Competition was fairly active for all sorts except barley, and we made a fair clearance. We sold wheat siTeemngs nt 2d. to 24. Inferior to good milling, 3s.

lOd. to and seed, to 4s. Id. per bushel In barter, we sold faulty at 2s. and inferior to medium mulling, 2e.6d.

to 3s, nnd good, to 4s. per bushel. In oats, we sold, Algerians, nt Is. 8d. to Z.

light to fair average feed, la 9il. to and go ul stout, to 2. 2J1 per bushel. We also sold superior white peas, nt 2s. boilers, at 3s.

horse beans, st 2s. nnd faulty to good maize, nt 2s. 4d. to 3s. per bushel.

We also sold parcels of inferior AttFNi-Y Company Limited held their usual weekly sale of grain to-day, when they submitted a catalogue of bag to a full nttendanoo of the trade. Wheat was in fairly good request at late rates, flood milllug realised from 3s. lid. to 3s. a Bmall parcel selling upto4s.

medium brought from 3s. Bid. to 3s. lOjd. Barley was dull at auction, and only a trifling business was transacted.

Good malting brought from 3. Hid. to 4s. and medium 3s. 7d.

to 3s. Cape sold at 2s. Sit. Oats were only in moderate request. Tartarian seed sold at 2s.

and stout from 2s. to 2s. Dun brought la. 9d. and Algerian from Is.

9d. to 1b. lOd. Peas were brisk, and realised from 2s. 5L to 2s.

and rye gnuw seed 4s. 3d. per bushel. 4d. for feed parcels, and 3s.

6d. to 4s. for medium to ood malting. Maize, Z. and bran, lOid.

per ushel. SALES OP PROPERTY. A. Vwk (late of Beanrhatnp Brothers) reports sale of brick villa In Grosvenor-street, Balaclava, together with land 50 132, for the sum of 835. Messrs.

vi. k. ixiokkr ami sons report navmgEoia, on account sf the Trustees, Executors and Aaency Com pnny Limited, Lot 2 in the subdivision of farming blocks in the estate of the late H. M. Cullls, at Bsyswater, parish of cores by, at 13 per acre.

COMMERCIAL TELEGRAMS. SYDNEY, Weonksday. Business to-day was very dull in breadstuffs. Roller Hour steady at 11 10s. to 12 stone, to 11 113s.

Bran, pollard, lOd. Maize ranged from 2s. 4d. to 2s. 9d.

Onions weaker, at 3 10b. to 3 12s. 6d. Potatoes Circular Head, 4 Wnrrnam-hool, very dull, at from 2. Little doing in the general markets owing to the nearness of the holidays.

About 100 packages of Ceylon tea were sold to-day at 50 packages of Indian at 6Jd. to 7L, and some small lines of common China at 64d. A cargo of Oregon timber, cx Mohawk, was offered at auction, but only 50,000 lathi found purchasers at lOS. ADELAIDE, Wednesday. Wheat continues inactive at 4s.

cross weight. bags ns wheat, for fair average quality of South Australian produce in largo lots at Port Adelaide; Id. to 2d. less for small lots or at outports, whilst Victorian remains at 4s. lid.

sellers, and 4s. Id, buyers, without coining any nearer to business. Leading brands patent roller Hour, 9 10 2s. 6d(; ordinary roller, 9 6s 9 IBs. Bran, 12d.

Pollard, 13d. Oats, os. 4d. delivered in town. Cape Barley, 3s.

6d. to 3s. 9d. mailing, 4s. to 6s.

STOCKS AND SIJ A RES. Wednesday Evening. The volume of business transacted on the Stock Exchange to-day was of much less extent than has been the case for some time past, and the market closed with a dull tone all round. Quotations for investment stocks generally rather easier, but Standard White Lead, Melbourne Trams and Stlverton Trams all realised improved prices and closed fairly firm. Sales were Commercial Bank, 7 15s.

National 9. Royal Bank, 28s, Equity to 23s. 6d. Melbourne Trams, 26s. 6d.

to 27b. Zeehan and Dundas Railway, 9d. to 5a, lOd. Silverton Trams, 94a. 6d.

Cyolorama (new), Is. lOd. to Is, 104d. Permewan, 20s. 6d.

and Standard White Lead, ''Si 6d. to 6s. 1 A parcel of Victorian Government 4 per debentures -i. rna in. -vr.

titti. i- gold companies, and prioes generally without any great ohange. Sales Antimony, lid. Earl of Hopetoun, 7d. Johnson's Reef, 50s.

to 50s. 6d. Princess Dagmar, 22s. 9d. Tempcrancer Is.

8d. and West Sunlight, Is. The market for silver mining companies was very inactive, and prices generally closed rather easier. The transactions effected were Block 10, 6 to 5 19s. to 6.

British Blocks, 15. to 14a. 6d. Broken Hill, 5 16s. to 5 15s.

South, 21s. to 23s. to 21s. paid, 36s. Block 5, Is.

3d. Broken Hill Extended, 5s. Central, 36s. to 34s. 6d.

Imperial, Is. Id. Bal-strup, 2b. 9d. Maestries, paid.

7s. ucenna, paid, anu nuver vnn, paiu, wu, Tin companief! negieoieu, The following is our list of quotations and prices realised this day DuiiENTUfiES. Victorian Oovernment 4 per cents (stock), b. 99, s. 99 sales 99 10s.

Colling, wood 6 per b. 100. Hawthorn 5 per cent, b. 100. BANKS OF ISSUE.

Wty, a. tws. colonial, s. Kifi Ss. Commercial, s.

7 sales 7 federal, s. 62s. National, AUeinme register, s. saies 9. Oneenaland National, b.

97s. Royal (Australia). b. 27s. s.

sales 28s. Victoria, b. 8 a. KiMiNrtiT. Institutions.

Colonial Investment and Agency, 1 paid, b. a. 3s. Land Mortgage Burnt, D. ifos, a.

ca va Gas. Brighton, b. fc 32s. Footscray, a. Metropolitan, 13 15s.

Queensclilf, s. 20s. iNSt'KANCE. Gunnlian Accident, b. 2s.

s. 3s. 3d. National, s. ISs.

United Australian, b. lid. Victoria Fire, b. s. 36s.

Life, a. 10. Hi; i LP! no Societies. Albert, b. 30s.

a Rfta Melhoume. b. 40s. Victoria Per manent, b. 5 7s.

6d 6 Victoria Mutual, Bhrweries. Carlton and West End, 12s. CastlPinalne, s. 62s. Cftstlemalne and Wood's, Newcastle, s.

22s. Kyneton, b. s. 4s. 6d.

Montgomerle, 4s. 6d, South Australian, h-Victoria, b. 6d. Yorkshire, 6s. Thlsters Executors Companies.

Equity, b. 23s. s. 24s. sales 23s.

6d. Na-ttntiat Mi 29. 6d. Pemetnal Executors. 40s Trustees, b.

6 s. 6. Union, b. 23. 3d.

Trams axd Railways. Melbourne Tramway, b. 26. a. sales 26s.

27s. Mount Dun das and Zeehan Railway, b. a. sales 6s. tw.

10id. Silverton Tramway, b. 94s. a. sales 91s.

bd. Tarrawingee Flux, a. 60s. Coal Hat ton, b. 70s.

Westport, s. 48s. Bhick. Northcote, b. 8s.

6d. Coffee Palaces. Broken Hill, 3s. Federal, b. s.

2s. bd. Grand, b. 4s. llscEl.LANEot-s Broken Hill Water Supply, b.

6s. a. 8s. Coombs, a. 30s.

Cyclorama, Melbourne, new, b. Is. s. sales Is. la.

10id. Ooldsbrougb, Mort and b. s. 19. 6d.

Hydraulic, b. 19s, a. 20s. Kitchen and Apollo, a 82s. Melbourne Storage, s.

7s. 6d. Mutual Store, h. 72s. s.

80s. Permewan, Wright and b. a 20s. sales 20s. 6d.

Standard White Lead b. 6s, s. sales bs. 6s. Ktratton, s.

os. Syd nay Hydraulic, b. lis. s. 12s.

K. Bennet and b. 16s. Union Mortgage, s. 24s.

Vto-torian Farmers' I -oan and Agency, 8a. a. 10s. Zeehan and Dundas Smelting, a Is. Oold Mines.

Antimony, s. sales lid. Band and Albion, b. 7. Burnt Creek, b.

a 6d. Chalk', b. 'ch. Chalk's Na 1, b. a 26a.

Duke Grand, b. 7s. a 10s. Duke Central, b. is, 2ft.

powllng rortat No, a. Kt, b. b. s. 1 nijuir iu uay mu leanr iiiTiuenu.

mil uir wrnti that the deMisitor who doe not convert is nlo to receive inierest (and court uliow It to hliu) then 40.000 1h rtHiulntl. What, however, were the net canutiLfs the company forthcUst half year! Only 10.0J6 3s. or, say, at the rate of about 20,000 per annum. If these earning cannot bo improved, it follows tbat 20,000 will hove to be obUintnl from the Instalments which it proposed shall be puld annually by the share- iiuiui-ra nir uie noil jeara. Now it will be obvious, even to the school boy looking at a balance sheet fur the tint time, that before the net result of profits can be arrived at the interest payable on deposits would have to Ueduoted.

Taking the average interest at 6 tier cent on the 800,000 mentioned aa the total, we have 48,000 to be added to the net earmngu say, and bence instead oi the shareholders being called upon annually for ten years, as suggested above, to pay 10,000 thev will have a free sum of 28,000 to the good. Again A for the shareholder themselves, the new Bhares they ill receivu muter the scheme In eju'liunge for the xlian-s will le subject toun annual cull for 10 years. What prospect would there lie of plnulng these share I the market In case of need, or of obtaining a dividend niton mem, wnen tne very instalments uicmseive womu required in help to make up ihe interest payable to the di-nonltora and the preferential shareholder? There a diNerepaney in the figures submitted In thetchemn reconntr nation which colls for exnlanation. The paid capital itf the company consista of 50,000 shares ud to each, and 50t0 shares paid up tt 10 each, hu scheme prniK.e tbat 2 per share be written off all the shares, hut why should not 4 written olf the shares paid up to 10 each if 2 be written off the share paid io xseaeni ivnyore tne noiuers oi me iu snare be favored! very little examination of how the shares in this company are held would give the answer asked for, without much exercise of the inquirer's mental powers. There are two classes of shares one on which 10 has been fully paid up, and another which carry a liability of 4 per Bbare.

It oan hardly be said that it ib proposed to favor those who have no liability when the rednation of their share value is placed on the same footing as those who have only paid 1 on their shares. he ohjbotion is so paltry and inconsistent that it must suggest it was taken in complete ignorance of the actual position of the two classes of shares. Doubtless at the meeting it will be shown that our comments are based upon solid grounds, and it is to be regretted that cause' i The moBt important factor last year in the European wheat market was the unusually large supply obtained from America. This was of such an extensive character that it effectually stopped the speculative advance in prices which marked operations in the London market at the corresponding date in M891. What the extent of the supply has been may be gathered from the following table, which shows the course of wheat exports from the United States since 1st June WH BAT ESt'ORTS FROM THE UNITED STATES.

1891-92. 1890-91. jlncorDec. Bushels. Bushel.

Bushels. 4,366.554 5,052.221 5,330.507 16,169.442 2,006,676 17.4W.489 3,100,335 10.9K7.M4 3,399,430 11,556.350 4,771.693 10,691.303 4,278,103 8,193,121 27.25&298l"80.339.8b9 July Auyiist September October November January Seven months 9,418,775 21,499,944 19,496.166 14. C38.2E9 11.955, 7S0 15. 62.996 12,471.224 107,593.1371 Of course, so large an increase in the exports of wheat, remarks the Statist, cannot continue, hut there is little doubt tbat for some months to come they will be appreciably larger than in 1891. To show what the shipments of wheat were in 1891, contrasted with 1890, we give the following comparison of tho five months ended 30th June, together with the total exports for the years 1890-91 and 1889-90: 1891.

1E90. In.or Dec. Bush ids. 3.900. 699! Buiiliels.

Bushels. 4.800,870 900.171 UtU77 4.538,130' 465,268 4.392,298! 1.8P4.649 3,529.574 4,961,009 April May June 6.236.9'J7 6,735,691 54.201,252' 64,110,9:2 90.340 Coming holiday influences have tended to reduce the volume of tradeoperations into exiremely narrow limits, and outride llie auction sales little business of importance has been transacted. The whent market is In nn unsatisfactory position, but small stocks are held, both here and in Sydney, and hence after the holidays a brisker business may be looked for. The fact that the deliveries oy ran tnis year so tar are so iuucIi below those of the corresponding period of 1831 i attracting notice, and it altords conclusive evidence that the supply in millers' hands must, for the time of year, he unusually small, a fact that holder: arc hardly likely to lose sight of, whilst to some extent it would seem to contradict the asser tion made of the market being weak. Perhaps the wish is the father of thin rumor.

At the auction sales the bulk of the offerings consisted of small lots of inferior and medium quality wheat, a large proportion of the samples being itioreov less mixed with foreign matter, still the biddings were brisk, and full market values realised. In all 2454 hags were submitted, of which 1673 bags sold, according to sample, at the following prices: Screenings, 54 heat, 3 bags 3s. 219 bags 5s. 173 bags 3s. 22 bugs 3s.

386 bags 3s. 597 30 bags 4s. and 10 bags 4s. Id. Privately, some fair sales made covering in all about 13,000 bags at 4s.

Market firm. Flour moves off in fair parcels, more doing for export. Stone mode scarce at 9 3., and roller dressed from 9 5s. to 10 5. seconds sold at auction at 7 5s.

We have a week's Inter advices from New Zealand. The Cbristchurch Grain Agency's circular says The results of the harvest just gathered are nowhecom-ing more apparent, ihouuh both threshing ana the general movement of arain have been much interfered with by heavy tains during part of the month. It is now unite clear tnat a large proportion mucn larger proimniy tniin Home nave esumnieu ui me cro huh bltiuiihi) by the February rains; The t'umiltion of very many of the samplr ottering is siiftkient- proof thereof. Guv. rn-men I ban published statistics df the northern iiufl.

much thu most important part of Canterbury. They show an increase In yield of wheat amounting to about 2,000,000 bushels, iu oats of about 640,000 bushels, and a decrease iu barley of aliout 40,000 bnxhels, In potatoes of about 7000 tons, We are somewhat inclined to doubt the accuracy of the statistics so far as the increase In wheat and oat is coneeried, aa it involves a heavier yield per acre as compared with last year than scons to us. Judging from what we have gathered from our farming clients, altogether probable. Oan too have not lweu ottering at all as freely as might have been cxpeiteit from such an increase iu the yield. Wheat has been maintained ihnmgliout the whole of the mouth at a level much above thu parity of European markets, the prcFSlng requirements of charterers being mainly responsible for this.

It has not been brought into nmrKetas speedily tw could have been wished, and competition for sound shipping parcels has been keen euouyh io sivu meiuavaiue in mey muhuhiuij iiumokti. some vuses to begin loadint. It is not unliliely, in spite of the pressure being poBsibly eased off a little by recent departures with full cargoes, that inflated prices may be krpt up a little while longer. Sooner or later, if, European market should remain as depressed as it tiif-L? 's bound to be a collapse. Oats show uo Intercolonial demand iu very trifling, and l- has eakened.

Still, heavy shlpmputs Pilnili u.Vto nmW which for some time past w.n n.iiel the Vl pullet for till cereal, and dUntn-t inn. i mictlciUy almost unaltered. Barley 1ms ffeSw wy freely, and is decidedly firmer, Snrtlj owing to demand for borne coMurtiiUon.BndirtJy fn Vvmpat j'ywltb outside nmrkpts. The coii.panuively al cVo this season In Victoria, ne wel 1 as here. Las of ira i.ff.-pt on markets alt over the colonies.

Our Dunedin reports of the 7th inst, are to the following erfect: We have at last been favored with a week of falrlygood weather, which farmers in all districts have taken full aaVhcat.There Is very little change to report in the state of the market for this cereal. Arrivals are certainly heavier than they were a week ago, but not so much sots to materially altr-r the state of thcmorkrL Sfimeof the millers do not seem dinpoml to buy at all: while those who are re quite satltjled to bur only what they require for immediate use. The most recent oible imvlt es from home denote a fall In prices there, which though only slight has bad the effect of Inducing speculators to hold off buying In the meantime. tn da ordinarr. 3s.

3d. to 3s. inferior and 'fowls' feed, from 2. broken to 3. whole.

Oats. Arrivals are daily on the Increase, na tne iie- hnnllr pniial to the SlUitllV. And all to hand are somewnat nam to ui? -pose or, even at a re- ductioti on our laot quotations. 'in quality of the neff seasou's grain, as far as we have yet been able to Jiulge, is SOinnwiiat ueioiv ine rennet', mum colored, but as the season advances we expect samples will Improve. Milling and really prime feed arc the lines most sought after, but buyers will not buy miles at quo-tatlons, which we give as follow Milling, Is.

6d. to 1. prime feed. 16. 5H to li.

good ordinary. Is. 4iL to 1 inferior, Is. Id. to Is.

3d. Barley it In uowl demand, and samples are by no means Plentiful: nt the s.ime time, brewers uri' not disposed to the advance. quote Prime malting, U. to za. ordi-mry.

2. 16U to feed and milling, 2. Id. to 2s. 7d.

(sarks less 2 discount). Our local market for feed grains Is well supplied, and prices show no material alteration. Seed oats are being asked for more freely. At the various aitelion sales to-day 63B1 bogs of oats of all descrip. ti'ins onered, anu wu nags soki, iw iuuow Calcutta, dun, Algerian and mixed samples, 56 bags 1.

28 bags Is. 101 bags la. 642 bags Is. and 100 bags Is. Danish, stoutlsli sorts and seed, 60 bags Is.

93 bags 2a. 469 bags 2s. 209 hags 2s. and 78 bngsa. 2jd.

rivateiy, tw uags oi Algerian nnu nw lots sum nils. lOd. to 2s. bd. Barley quieter, and as the trade showed no disposition to purchase, the bulk of the lots catalogued were withdrawn.

Only 121 bags sold, Cape at 2s. to 2s. and inferior English at 3s. 6d. Privately, 160 bags of Cape quitted at 2s.

6U, and 239 bags of English at An. 7ii. tfi Hid. Peas are very firm, and bettor prices paid at auction; 665 bags quitted, 338 bags at tis. ti uitga an tn.

difra Heroes at 3s. 4d. Beans taken at 2s. fnditferent sample at auction. Bran firmer, sales nt 10id.

In jute goods we hear only of small nf Mirataclia anil bran hairs, but there Is an inquiry respecting woolpacks to arrive JO Dales 01 uran Dags pini-eu at imnnrt mi ma ices move on mtiwiy. well supported demand for oils, and kerosene continues to lie placed very freely in good trade lines 6X0 cases sold for export The sugar market Is fairly MHtained, but the actual sales effected are not large. Our latest London cable message reports a drop of 6d. per cwt. in beet sugar, 88 per cent.

Oer man being now quoted at 13s, per cwt. f.o.b. Hamburg cane, on the other hand, nas Improved, No. 14 D.S. being quoted at 9d.

per cwt. With regard to London market movements to the 4tn an advice savs The market for refined again shows little alteration for the past week. Pirtcs were in moderate demand ijt steady rates, and today they arequlet, with barely steady prices, Drieil Roods ilo show little oharure. There Is to-day a r.i. ihn fnllmtlim nriees Tate No.

1 rubes, No. 5, crushed, fa. Martineau's No. 1 cubes Ho. 2 and Tillers, i.

wi nrisnwi, i I. oi. mnA IO. VI ohfnL Ifla. flit.

Brsniilated, white crystals. 19s. to yellow crystals, 17- golden syrup, lOs, anU i-yu n.n in inllll Era nil' hiied. 18s. yellow crystals, 0, 17.

P.J7s. ion. rti. io. fl, none offering Ior foreign refined Inquiry remains rf dull.

Pari ea are uuuvcu iom. nnntMA Ifa, easier at 17. ftd. Dutch crushed also tower al 17a M. oraaulaud bss 4tuo4 4 toe mk, good ftt trade on the Atlantic side of the West Coast is nil.

Fortunately the Niger Protectorate is now firmly established, and tlnm the trade of tlie Lower Niger and of the area drained by its eastern tributaries is assured to us. The natives of the territories over which tho French have endeavored to extend their influence, with the ultimate idea of erecting a Pro tectorato, do not seem to appreciate the benefits of contact with Galuo civilisation and its somewhat high handed methods. Everywhere they have shown a lamentable disregard for these blessings, and have seldom failed to make a stand for their Independence. Hence a good many Bmall French military expeditions have been sent into the Upper Niger valley, mostly for "scientific exploration" and to avenge massacres. Such massacres would not have taken place nor have needed any avenging if this earth hunger hod not impelled the French to intrude into regions whose inhabitants did not want their presence.

We shall hear of another avenging expedition, this time directed agaiuat Dahomey, probably to be followed by a march to Abomey, and ended by annexation. As no further harm can bo done to British interests in that district, it might just as well take place. The only serious loss will be the romantic Amazon body guard of his Dahomeyan majesty, the disappearance of which will be a grief to the nursery and perhaps tbe schoolroom, but will certainly not eclipse the gaiety of nations. NEWS OF TIE DAY. As there will be no publication of The Ajt to-morrow, Good Friduy, advertisements should whatever possible be Bent in to-day for Saturday's issue.

The office will be cloned to-morrow until 6 p.m., after which hour advertisement! will be received ab usual. The Easter number of Tht Leader will bo ready for issue this morning. A special supplement is published containing au account of a tour along the oourse of the Snowy River in Eastern Gipusland to tha top of Mount Koioiusko, the highest mountain in Australia, illustrated from photographs taken during the couise of the journey. A talc written tor this number by a local author is also given, aud likewise a short story by Mrs. Hodgnon Burnett, author of Little Lord Fauntlcroy.

The ordinary news oontains full particulars of tlie nomina lions and other matters relative to the general elections. The Cabinet will decide' to-day whether Wed nesday next, the polling day for the general elections, shall be declared a public holiday. Ai far as can be learned a majority of members of the Cabinet are opposed to the proposal. No application on tha subject hai been made to the Premier by tho beads of departments, aud the viow taken by the majority is that as the polliug hour has been extended from 5 p.m. to 7 p.m., the members of the public service will have ample time to record their votes.

The press apologist for the yesterday attempted to explain pyf the very extraordinary transnotion Wugbt to light by Mr. Wheeler, who ft f0w (iays ag0 plttced in possession of the proofs of a Jtailieatj Ouidc, in whioh the ex-ooinmissioners were belauded to their nearta' content. Tho mintor's oroofa thiB book, whioh was intended to be officially, and for the compilation of which two persons wore to receive a fee of 300, contains a host of inaccurate and misleading statements about railway finances and the results achieved under the system of management inaugurated by Mr. Speight and his colleagues. The attempt to use the funds of the State to bolster up the ex-aommisHioners is now recognised as too barefaced, and therefore Mr.

Speight's pre apologist is instructed to disown the job. But In repudiating and endeavoring to explain away this extraordinary transnotion. our contem porary, Mr. Speight and the joint "authors" of the guide are in the unfortunate position of contradicting one another, nnd each give a dif- terent anu conflicting version. The joint authors, "with amusing pomposity, write 'The instructions given to the authors by the Rail way commissioners have been brief and to the point VWrite a -book- in the interests and for the instruction of the public only; speak the truth and fear not With what zeal but indis cretion they have done this we have already shown.

The press apologist puts a total I dif- ferent version forth. According to our contemporary the joint authors were to do this work to tbe "satisfaction of the Commissioners." Mr. Speight, on the other hand, says he simply ordered that an ordinary tourist guide book" should be written, and that on no account were any controversial topics to be touched. It is impossible to rcconoilo these three equally emphatic but oontradiotory statements. The truth, however, seems to be on the side of the Joint authors," who have reason to complain of bad treatment, and oan quote Mj.

Speight's laconic instructions. But they have actually received from the ex-commiwloners 50 of public money on account of the lob. As the publication of such a partisan book at tho expense of the State is of cours entirely out of the question, it will be interesting to know whether the ex-commissioners now Intend to pay the 300 fee for their laudation out of their own pockets. To-day being on the eve of the Easter holi-days, special arrangement have been made by the railways authorities f'jr the conduct of traffic in tbe expectation of an unusual exodui from tOWb. It la annoUDCtHi for the infnrtnnt.lnn nt travellers that passengers for Ballarat will not be allowed to travol by the Adelaide express at 4.40 p.m., bat, Instead, ticket holders for that city and other destinations beyond will be two- vided with A special train, leaving Melbourne at 4.14, and running vid North Geelong.

This train Is timed to reach Ballarat ahead of the Adelaide express, whioh will travol by way of Baco litis Marsh. The 4.55 p.m. Sydney train will to-day run fn two sections, leaving rospec- (ivoiy Htt.c anu at p.m. The Easter arrangements made by the Rail-way Commissioners provide for the issue of excursion tickets np to the 22nd intt, available for return for one oalemHr month after the date of purchase. After distance of 15 miles hat been traversed th, journey may ba broken at me otsoretior.

0f the passenger. Aa extra booking w7n(i0 for the sale of excursion tickets it to be fcept constantly open at Spencer-street n( Princes-bridge stations for the next few and they may be also purchated during to day in the temporary booking office In tho loggia of tho Gen oral Post Office, residents of the country about Bacchus Marsh and Ballan, having been somewhat disturbed In their minds by the statement published a week or two ago that It was proposed to withdraw the running of the Adelaide express from the direst line through their district to permit his connection with the last Coalition Government to blind hi in to the abuses which have been rampant at the railways. He says The people were determined that tho mothoda of that department should be entirely reformed; that the extravagant construction of railways and waste of money that bad taken place in the department should be put an end to. It was vitiM uecermination on tne pare oi trie people that got the Government to suspend the Railway Oomuiifisionera, bub that wax a trifling step, unless the Oovarnment was prepared to graap the difficulty and oa.ry out tlu prinoipln of railway construction and management so as to wipe out the railway dolioit of 300,000 a year. It is scarcely necessary to say that this is exactly what the Shiels Government is doing.

But tbe ex-member for Essendon sees with a clear vision that, while we are restoring to Ministers much of the power wrongly vested in our late irresponsible railway autocrats, there is a necessity for providing some continuity of purpose. A Minister may come and go, and nothing but changes rule a department under our present forms of government. He aigucd, very properly, that if the present movement towards I the re-establishment of political control of the railways and other industrial departments were continued, it would be necessary to make the Ministers of those departments individually directly responsible to Parliament. Under the present system of Cabinet control responsibility was lost, and it was impossible for men in office to-day and out to-morrow, in consequence of the acts of their colleagues, to give satisfaction to themselves or the country. Make Ministers individually rospon sible to Parliament and the people, and you would have a check aud control which up to now they did not possess." That is a truth which the sooner the Parliament learns the more advantage it will be to the country.

In the meantime, it is a great gain that a man like Mr. Deakin hns had it borne homo to him that -the present system of railway and public service manage-" ment requires radical reforms." We got that system from the first coalition Government, in which Mr. Deakin was a member; and it speaks much for his candor that he acknowledges the manifold evils it has brought to us. Ib is just hero that the Shiels Govern ment presents itself with a strong policy of radical reforms for both those services a policy which ought to find a supporter in Mr. Deakin if lie could but wholly emanci pate himself from the ties of an unfortunate past He admits that the Ministerial programme contains many good items of policy, but fears that Mr.

Shiels intends to make blindfold reduotions." There are doubt items in Government policy which are quite susceptible of modification, but taken whole that policy grapples firmly with great and admitted evils. The rail ways are to be made to pay the finances to balance future railway construction is to be on lines of almost guaranteed safety against logrolling; homestead settlement is to be encouraged; staple industries are to be fostered credit is to be nurtured and restored. On tlie whole, the new policy is "strong," because it is fairly commensurate with the diffi culties it is designed to cope with. It if comprehensive, and It has caught the com mon sense of the country in a manner which leaves little doubt now but what it will get a fair trial in the next Parliament, So far then we have a Ministry with a strong policy auu tlie prospoot of a fair trial from tho country, which has given no fewer than four members of the Cabinet the compliment and encouragement of a walk over in their electorates. The question re mains ns to how far the Shiels Government will correspond with the third requisite of strength in a Cabinet capacity for adminis tration.

So far there is no reason why they should fear a comparison with their predecessors. If Mr. Wheeler as Railway Minister be measured with Mr. Gillies, we find vigor and decision in tho place of feebleness anu htmez aire. Mr.

Deakin is too polite to contend that the present Chief Secretary, Mr. M'Lean, is a weaker Minintor than was he himself nnd though Mr. Shiels is untried as a Treasurer, the worst form of failure and folly he can be conceived of as commit ting will not oxcoed tho helpless incom petonco which Mr. Gillies displayed in that department. Mr.

Turnerhasprovedhtmself a strong administrator at the Customs, and Mv. Out trim at the Mines is admitted to have shown a vigor long wanting in that department while Mr. Graham, as Minister of Agriculture, has certainly exhibited no lack of resource. We may therefore indulge a hope that the hard necessity of tbe times will produce the men, and that there lies before us a period sighed for by Mr. Deakin, when the colony will be helped over its difficulties by a "strong Government, determined to maintain the "dignity of Parliament," France has colonial aspirations in West Africa, and has persistently sought to extend her influence in this part of tho world during the last fifteen years.

As a set off to the extension of British influence which followed on the Ashantee war, the French colonial authorities determined to attempt to obtain the same kind of influence over the neighboring State of Dahomey, and proceeded Ut try and make Porto Novo a second Cape Coast uuwie. for to flovo is one of the natural outlets of Dahoincyan trade, which of no great volume or value but it was ex cc ted that French prestige wonld bo increased by the maintenance of such an outpost. Tho town, or rather factor. of Porto Novo is situated on a low tb'nd 'pit between the ocean and the 'sbcm of lagoons which lines the cot. and Is ntirely without protoctitin Some three vears avo T.a fftntnrv i -mv mv Tina blllvaWIICll ly th ihihninevana.

who mAla a mm luune4 wfrf 1 thtir and are paid on rainy days whether they work or uot. As far as precedent is conoerned, since the Public Service Board assumed olHce it bat-been the oustom to deduot from the salaries of employe an allowance for ront, and there is, it Is contended) no reason in these times the praotice should be departed from. in the cane of railway eraploya By oharging gatekeepers 7s. per week for tbe use of their cottages the commissioners thin: they will be making a fair demand upon thtro, and will thereby provide themselves with an additional income of 20,000 a year. They will stiil pay for the attendance at the gktes as formerly.

Tbone employes who are disinolined to pay rent will be required to povide them, selves with homes elsewhere. Information as to tho conditions under which blooks of land oan ha obtained from the Government for subdivision as village settlements was sought yesterday by the Rev. H. F. Tucker and the Rev.

Di. Strong, who have taken an aotivo interest in promoting the success of the scheme These gentlemen waited upon the Minister of Lands, and inquired as to the terms ou which, tsucli blooks would be made available, and also as to the nature of the tenure. They wished to establish co-operative settlements, but learned there was some didiculty irt tho way of seouring a good tenure of a block of land up for subdivisional purposes. Mr. M'Lc'aii said the whole dilUculty lay in the security of tenure.

Be could only deal with them aa with the general public, as there was no power in the present law to allow any person or number of parsons to acquire a tract of country to be afterwards-disposod of in the way Bu8ge3ted. He did nut believe in co-operative settlement), and explained, that the Government scheme of labor oolonies, waH based on different lines. The Cabinet would givo eaoh tnau individual control of his which would be situated near outres of population, thus enabling tlie Uoldor to maintain1 himself and family by working for other people during a certaiu portion of the year. Ue thought that if the reverend gentlemen proceeded on, stinilar line's they would achieve success. Arrangements have been made by Mr.

Hootson and Mensrs, Phippd Turubull and Co. with the Railway Cominibstoners for tho use of the Newport Slaughtering aud Refrigerating Works, so as to facilitate tbe export of mutton, beef and lamb. Thu firms muutiuued arc now-inviting shippers to apply for what space they will require during the cum ing 12 montunr no as to unable freight) to be engaged The present freight is Id. per lb. for aud as insurance oliargea have been roiled, the total charges from delivery of utoak At the works to receipt of aooouub sales will exceed 2d.

per lb. It is estimated then thrA a sheep weighing 70 at 4.1, per lb. (tbe 'present price of New Zealand mutton being- would realise 1 3 4d. Xu that suir, must be added the value of tho kia and ft, making th grMa value 1 60. Freight and Inaiivapfoe oomhined are.

calculated to coflt 2d. pP'r or in all 11b. 8d. Deducting these charges from Value leaves a balance of 15s. lOd.

per sheep 'to tho shipper. None but the bost mutton niJ limb will be shipped, so as to keep up thu cbjracter of the moat exported. Last year over of sheep were shipped from New upland to Knglaud, which dourly shows that 'there is a good demand for the moat A case hff.ving reference to the Premier Per manent Building Society (in liquidation) was mentioned to Mr. Justice iiodgea in the second Civil Ctfurt yesterday. An application was mode by John Kulsh, of the Crown Lands department, to set off 117 in respect of investing shares of which he is the holder, against a loan of 50 from the society on the bharos.

This sum was borrowed in March, 1389, on condition that it should be repaid in two years. Mr. J. M. Templeton, thu official liquidator of the society, swore au alttdavit that from his knowledge of the affairs of- the society there would be no assets whatever available for dis tribution among its shareholders.

His Honor ruled that the value oC the investing shares could not he set off against the loan. The bor rower his dob t. and prove as a credi tor for his shares. The application was dis missed with costs; Mr. Neighbour appeared for the applicant (solicitor Mr.

Gourlay), and Mr. Mitchell for the liquidator (solicitors Messrs. Crisp and Cameron). The will of the Wo Mr. John Lunt, formerly Engineer of Existing Lines in tho Victorian Railways, has beon lodged in the probate olfioe.

The testator died on the 16th March last, at the Avenue, Wiudsor, and by his will, executed eight days previously, divided his estate amoug his family and relatives. Tbe deceased's property is valued nt 14,617, of which 2408 is realty and 12,209 personalty. The Trustees Bxecutora and Agency Company will apply for probate on- the 28th Inst. A Crown case wns argued before the Fall Court yesterday. Edmund Gregg was convicted at the last criminal sittings, before Mr.

Justice A'Beokett, of an indecent assault on a child of 8, and sentenced to two years' hard labor, with a Hogging of 20 Lashos. It transpired that after the offence wrb committed the child infotmed her mother of the circumstances, and described her assailant, whom she identified as the prisoner. His Honor said there was no doubt that before the passing of tbe Amended Crimes Act of last year the conviction must have stood, but by that act it was required that the child's evidence must be corroborated by some material Evidence implicating the accused. A case was stated for the court by tbe judge at to what amounted to such corroborative evidence, and whether It nnd been given in this instanoty Mr. V.

T. O. Kelly appeared for the Crown in support of tbe eonvietionlfthero being no appearance for the prisoner. Judgment was reserved. A decision under the Voluntary Liquidation Act 1891 was delivered by Mr.

Justice Hood este: day in tbe Banco Court Judgment was Entered for ttie plaintiff in Gray v. tho Austra lian Deposit and Mortgago Bank Limited, and application was then made by defendants to stay execution, on the ground that the company was in voluntary liquidation. His Honor said that under the Companies Aot 1890 it was the duty of the court to see that the creditors of a company In liquidation shared equally, and one oreditor would not be allowed to seize the asseti and obtain an advantage over the other pxoept under very exceptional circumstances. He could not discover the aot passed last year any trace of an intention to alter this practice. On the contrary, the Judge thought the aot told Strongly the other way It seemed to him to have been passed solely with a view of protecting companies by limiting: the powvr of the court In making winding up orders It thereby prevented a creditor in most oases from pushing his judgment to the bitter end, and tbe object plainly was to save coon paoJea from being nuhed Into ft tompalterj Wan provided fof, i may aafelj be taid ttat.