MEMORANDA.

AUG Tl l * N SALES

Thursday, May 15.

Mr. J. L. Wilson, p.t ihe' Avenel Fnzsi. Clievisey, .at 10.30—Live and Dead SuOC'L Messrs. Bullock and Co., aI; 'Sieh Booms, East Street, CO Quarter-acre On the same date, at JJiy. W.ve >’s ' Farm, IST. Rangitata—Stock and Im plements, Land, &c.

The Ashburton Herald AND Borough and County Advertiser (With which is incorporated the "Evening Echo" ). WEDNESDAY, MAY 14, 1879.

The advertising columns of almost every newspaper in the colony at the the present moment bear sufficient testimony to tine general depression, in the notices given of forced sales off. mi stocking, Sic., and the bankruptcy notifications; and in the unusual rcavchy of ready money we on’v get another proof. ITow long the depression will continue it is impossible to pronounce upon, but with the resources of New Zealand, it is easy to see that the depres sion must be temporary, and that the wave of adversity must s ion roll past. Meanwhile, the financed difficulty is the subject of every man’s talk, and at every street corner questions and answers bearing on the state of affairs are over heard by the passerby. It is not to be expected that at a time when, so to -speak, every man is affected by the stability or otherwise of his neighbor, silence will be kept upon the great sub ject uppermost in every mind, but we ask, is there not great need now that, as far at least as prudent silence can sus tain credit, prudence silence should be observed, and the names of firms res pected who have not given any sign or intimaticn of being in difficulties. “ Who is going next ? ” is just now the first question asked in the street after the morning salutation, and gossips, either from thcughlessness or a love of mischief-making, essay an answer by whispering against die credit of this one or that one. “ Heard So-and-so was shaky ; is it true ? ” All assurance that the firm is sound makes the insinuator “ Very glad to hear it,” but .does not stop him from repeating his query to the next man he meets, and thus an injury is done, not alone to the firm maligned by the gossip, but to the general credit of the community, for at a time when confidence is not at its highest point, every man’s credit should be sacred to the community, and nothing whatever should be done that can be abstained from at all tending to send clamant and alarmed creditors to a house from which they might, but for gratuitous rumors, have stayed away for a time. We do not suppose that putting the equall} l, false color of prosperity upon the times would suit the morbid taste of the mischief-making busybodies, but if .they are to coin in formation for the street corner the evil would be less if they were to try the direction of prosperity. They would at least do no one any harm, and they might do some good.

Auction Sale.— The sale of furniture, &c., at the Temperance Hotel, was well attended to-day, and good prices were ob tained. The sale rvill be continued to morrow. Ashburton County Steeplechase Han dicap.—The following are the weights for the County Handicap received last night from the liandicapper :

Acceptances and general entries at Bald win’s Hotel on the 19th.

Runaway. —This morning an accident happened in East-street North which caused some excitement, but fortunately no mischief. Two horses, drawing a cart with contractors’ materials, and belonging to Mr. Quigley, while near Quill’s Lb tel, took fright at a passing train, and bolted down East-street. Near the Railway Sta tion they came into collision with the hew hansom cab, at present plying; on the street. The driver was dismounted, and the cab was in charge of another person. The heavy cart was completely turned over, and the shaft horse thrown down, but, beyond having a step bent, neither the cab 11 or its horse sustained any injury.

The Ashburton County Council.—A special meeting of the County Council was held to-day to consider the water supply scheme for the Plains, and to define the proper boundaries of the pro posed districts in which to confine the water rate, and in order that it may be embodied in the draft Bill to be submitted to Parliament this session. The Bill is to secure for the Council the necessary bor rowing powers, etc., to carryout the work. The plans of Messrs. Thornton and Bull were submitted, as also the County Engineer’s suggested alterations, and the Council went into committee, adjourning for an hour at 1 o’clock. Up to that time they had decided to alter the pro-, posed course of the pipes from parallel lines to making use of the road lines as far as possible, thus bringing the ivater within reach of a greater number of people and over a wider range of ground. It was also decided to include Chertsey and Dromore in the districts to be supplied with water. The Council resumed at two o’clock again in committee for further consideration of the plans, etc.

Obstruction. —Complaints have been made to us of a railway truck which has been allowed to stand to-day on the cross ing at Tancred-street, causing much incon venience to drivers of vehicles, and frightening passing horses. We- are sure our obliging stationmaster only requires to have matters of this kind pointed out to him to remedy them at once. R.M. Court. —Mr. F. Guinness arrived in Ashburton last night, and will hold a Court to-morrow. We learn that it is Mr. Guinness’ purpose to reside in Ash burton, and to hold two Courts a week. Bankruptcy. —Two meetings of cre ditors were held this morning. A majority of creditors were present in the case of John Broom, boarding-house keeper, and Mr. A. O. Aitken was appointed trustee. Liabilities were stated at £293 18s 9d, and assets £9l, of which £75 was set down as the value of a 'share in the lease of the Spanish Restaurant and London Pie House, and the balance book debts. In the case of W. B. Compton there was no attendance of creditors, and Mr. W. It. Boyle was appointed official trustee. A Philadelphia dry goods merchant has added a children’s room to Ids store, where mothers may leave then’ children to be amused with rocking-horses, pictures, and toys, while they do their shopping. Babes in arms are not admitted, lest they shoukl not be called £»:• again.

ASHBURTON SCHOOL COMMITTEE.

The monthly meeting of the School Conrriiee was held on Tuesday even- Present: Dr. Stewart, and Messrs. St. 1-3 ill and Calvert.

Correspondence was read from the Board of Education, stating that had been paid to t-'c Committee’s .credit with the Union Bank, in part liquidation of Mr. Bird’s account against re Committee. This left odds doe by the Committee to Mo Bird. From the |same forwarding .reports of examination of pupil teachers. These, however, have already been published. From the same, enclosing copies of the regulations for establishing and con ducting penny banks; also regretting that the Board cannot give effect to the Committee’s suggestions regarding the plans of the master’s house, which pointed out the plainness of the pro posed house, and the advisablenss of placing the whole building on one floor; also authorising the purchase of an additional clock for the school, cost about £1 2S. The Secretary to the Board for warded the tabular summaiy of atten dance returns for the quarter ending March, from which we quote the follow ing regarding the Ashburton School : —Mumher on roll at beginning of quarter, 320; end of quarter, 424; average weekly number, 350.; strict average, 312 ; working average, 317. The Visiting Committee were not present, and had sent no report of work they had undertaken to see to. The Secretary was instructed to apply to them for their report, and to call a special meeting for its consideration when he received it.

Several accounts were passed for payment.

Mr. St. Hill asked who had given liberty to the teachers to hold an even ing school. The Chairman said he had given the liberty, pending the meeting of the Committee.

Mr. St. Hill complained that it inter fered with private enterprise, and ought not to be permitted. He moved that the school be kept for purposes of a day-school only.

After some discussion the matter was held over.

The master’s-report gave the attend ance as follows :—ls umber on fine rolls : Boys, 210; girls, 193 —Total 422. Number present that day—Boys, 161 ; girls, 144 —Total, 305. It further stated that a male pupil teacher was required for the school, if such could possibly be got, and the master hoped yet to secure one. He also suggested an examination by the Chairman, or other member of Committee, of the pupils’ exercise’and copy books, adding that the written exercises at home were done with great care. Agreeably to a request by the Inspector, the master brought under the Committee’s notice the want of blinds in the North room; and several minor repairs necessary were also enumerated, as well as some things that were wanted. The weather was now sufficiently cold for fires in the school to be felt necessary. The report detailed how Bible history was taught in the school, viz., from 9*30 to Toa.m. Children whose parents objected to such instruction received secular in struction during that half-hour, and were thus taken charge of inside and deprived of any excuse for being late.

The Secretary was instructed to see to the repairs, etc., mentioned by the master. •

TO-DAY’S TELEGRAMS.

The Wesleyans at Kopua.

Auckland, Wednesday.

At a meeting of the Wesleyan Foreign Missionary Society, the Rev. T. Buddie gave a description, of his visit to Kopua. He described the king as practically a prisoner, not even his male relatives having free acces.s-to him, he being surrounded by 200 armed men under Purukutu. The Rev. H. Lawry, Secretary to the Auxiliary Bible Society, took a large supply of Bibles to dispose of at the King meeting, but Sir George Grey bought the whole lot and distributed them gratuitously amongst the Maoris.'' The meeting was crowded to excess, and the collections were double those of previous years. *

ASHBURTON BOROUGH COUNCIL.

ANNUAL FINANCIAL MEETING.

Tuesday, May 13th, 1879.

Present —His Worship the Mayor, and Messrs. Saunders, Friedlander, Robei ts, Parkin, and Ivess.

The Clerk read the balance sheet from which it appeared that the total expenditure had been 7s and the receipts £1232 is- 7d, leaving a debit balance 0f^329 6s id. The total assets were valued at 19s, and the liabilities at 17s Bd. The accounts had been duly audited by Messrs. W. H. Gundry and Zouch, who also presented report on same. Mr. Saunders moved the adoption of the report. Money was due to the Council from the Road Board, and would shortly be paid to them, which would do away with the apparent excess of the expenditure over the receipts.

Mr. Friedlander seconded the mo tion, which duly authorised the Mayor to sign the balance sheet and forward it to the proper authorities.

Mr. Saunders read the Finance Re port, as follows : —• Your Committee have experienced very considerable .difficulty in obtaining the ne cessary information to enable them to lay before you anything like a clear statement of the Borough’s financial position, but the statement that we have laid before you to-night, although at first sight ap pearing somewhat vague in some import ant items, is nevertheless as correct as we cen obtain at present and gives, we think, a fair and reliable idea of the borough’s financial position. Our principal difficulties in preparing this statement have arisen through our having to depend upon other bodies (over whose actions we have no control, and upon whose officers our exhortations to ordinary diligence seem to have no effect) for some important items of information regarding our grants and revenues. These difficulties, added to the inexperience of your Committee and officers in preparing a statement of this sort will, we trust, be sufficient apology for any defects that may be found in it. We cannot call our finan cial position a satisfactory one, seeing that our. statement shows a probable expendi ture over receipts of £12,907 17s 9d, but if the Council intend to carry out the works that we have included in our state ment it will be necessary at once to raise a loan, and that for the full amount of the I deficiency. And if that loan could be raised at; anything like a reasonable rate of interest, wo do not consider that it would be placing an unfair burden upon the ratepayers. The interest at 6 per cent upon £12,907 17s 9d would amount to £774 8s 7d annually. Our ordinary revenue will be £3891 18s 6d, and ordin ary expenditure £24CD per annum, leaving a balance for interest and sinking fund of £149118s 6d, and we think the Council justified in taking immediate steps to raise this loan, feeling sure that the many useful and necessary works that will be carried out with those funds will prove to be money well spent, and justify the Coun cil in the course. they have taken. The very great pressure upon the money mar ket at this time, and the consequent de pression of trade, &c., in this ; hitherto prosperous place, make it more important that we should import money, and tide over the present depression than wait until things are easier, and we could raise money at perhaps a trifle lower rate. In fact it simply resolves itself into a question of whether we shall delay a large number of necessary works, upon which the pros perity of the town greatly depends, or whether we shall delay raising a loan in order that we may save a few pounds annually on interest of money. Your Committee find that their bankers can give them no permanent assistance, and this, I think, can hardly be wondered at when we consider the great scarcity of money for all ordinary commercial trans actions. They have with some hesitation granted us a small temporary overdraft, but gave us clearly to understand that they could not and would not shut up a large sum of money, even with so good an account as the Borough of Ashburton. "VVe would impress upon the Council the importance of at once giving instructions to the Road Board, County Council, and the Collector of Customs to pay into the Borough’s banking account any moneys they may from time to time receive that are due to the Borough.

STATEMENT SHEWING THE PROBABLE RE CEIPTS AND EXPENDITURE OF THE BOROUGH OF ASHBURTON FOR THE YEAR, 1879.

Estimated Expenditure.

The speaker said the amounts were some of them merely approximate, as the Finance Committee had not suffi cient data to go on. , Mr. Ivess said he was sorry to see so few present.; The report took him by surprise, especially that part of it referring to .the Bank of New Zealand having refused all accommodation. A short time ago they had been informed thc'bank were willing to help them to the extent of allowing a considerable overdraft. He thought the committee were in error in including the loan in their statement, as it made their affairs appear worse than they were. The report, he thought, should have merely included the ordinary expenditure, which was fairly stated in the report. He was glad to see Mr. Saunders had been converted to the necessity qf rais ing a loan for necessary work, and her was sure if they appealed to the rate payers they would sanction it. At the same time he was of opinion that the loan account should be kept separate from the ordinary, as the loan could hardly, now be expended within the present year. He should like to know what were the terms between the Bank of New Zealand and the Council. ' Mr. Saunders said that if the bank had violated their contract, of course the Council were at liberty to withdraw their account.

The Mayor agreed with Mr. Ivess respecting the ordinary and loan account being separate. He said also a special drainage rate might be added to the probable receipts, which would give them another

The letter from the Bank ,of New Zealand was read, stating terms on which they would take the Borough’s account. It stated an overdraft would be charged at the rate of seven per cent.

Mr. Ivess maintained the contract had been broken by the bank. In their offer they promised an overdraft, and now refused it. Mr. Parkin said if the bank refused an overdraft up to ,£750, half last year’s revenue, which, was the amount allowed by law, the contract was cer tainly broken, but not without.

Mr. Saunders said the bank had not refused them—the local manager had allowed an overdraft to the present amount, but had distinctly stated he could not allow any large sum to be locked up without a special arrange ment being made through the Christ church manager. They had asked for no special sum but if the Council would name one, they could of course ask the bank direct. '

Mr. Ivess said their ordinary revenue for the year would be odd, and they were in a far better position than many other boroughs in New Zealand. Greenbacks had been issued in Grey mouth, and he did not see why they should not anticipate their revenue in that way. They had the money and certainly should not stop necessary works because it was not immediately available.

Mr. Parkin proposed that the bank should be asked if they would allow the overdraft allowed by the Act—probably some -£750. The discussion was de ferred, and the resolution eventually withdrawn. Mr. Parkin then moved that the Finance Committee be requested to draw up a report showing the ordinary and special expenditure separately. This was seconded by Mr. Roberts, and carried.

After further conversation regarding the overdraft, Mr. Ivess moved that the bank be asked for an overdraft of -Q 1,000.

This was seconded by Mr. Roberts; but on being put was lost.

Mr. Saunders said a considerable sum of money was due from the Road Board to the Borough for certain rates. He moved that the Road Board be written to asking them to collect same as speedily as possible; and also that the clerk make out a statement of the expenditure of the Borough for water supply and send it to the County Council, requesting them to refund it. Tin's was seconded, and agreed to. Mr. Ivess then moved—“ That the Finance Committee- be requested to initiate the necessary steps for the rais ing of a loan of for the period of ten years, for the construction of the proposed waterworks and outfall drain on the security of a special rate, to be annually struck to meet interest and Sinking Fund of loan.” Seconded by Councillor Saunders, and agreed to. It was resolved that the remunera tion for auditors for the past year should be two guineas each, and that in future they should get three guineas for each audit. Messrs Cundry and Zouch were re-elected auditors, and the Town Clerk Returning Officer. - A letter frep the Collector of Customs, respecting fees due to the Borough was read, and its consideration deferred till next meeting. The Council then adjourned.

Boarded By Pirates. A telegram in a Melbourne paper says that the British barque Elizabeth Childs, left Hong Kong on 28th March, and next day was boarded by a number of pirates from a piratical junk off Mendoza Island. The pirates quickly drove all the crew below the hatches, and then locked the cabin. No loss of life occurred, but this was probably because the pirates were alarmed by the appearance of a steamer, and made off hurriedly before having time to complete their work. Harbor Light. — The port of West port will soon have the benefit of a leading light of increased strength. A sixth order light will soon be placed in position oft the north side of the river.

Wednesday, May 14, 1879.]

THE ASHBURTON HERALD.



Mi'. Carter’s Albatross ... St 12 lb 7 Mr. .Husband’s Haven 12 2 Mr. Wilkie’s Fangli-a-Ballagli ... Mr. E. Saunders’ Barry Lyndon.. 12 0 11 10 Mr. A. Herrick’s Merlin ... ... 11 7 Air. Winter’s Tam o’ Shanter ;.. 11 4 Mr. Hay’s Moro ... 11 4



Water supply, as per Fooks’ esti- £ s. d. mate 11415 0 0 Concrete channelling & kerbing 2066 5 0 Outfall drain ... ... ... 3854 0 0 Asphalting and kerbing, as pro- posed in Councillor Ivess’ reso- lution, £i$66 6s. 3d., less }£ part payment of owners, £521 2S. id 1044 4 2 Proposed Borough Buildings, as per engineers’ plan and esti- mate ... ... 500 0 O Lamp posts, 20 at £2 15s. ... 75 0 O Carriage on same .;. ... 3 0 O Centrifugal pump ... ... 66 0 O Carriage and fixing ... ... 4 O O Telegram from Mr. Wright re water supply material ... 29 5 IO Estimated monthly expenditure, • advertising, wages, salary, minor contracts, &c., £200 per month ... ... ... 24CO 0 O Dr. balance at Bank ... ... 335 5 5 Sundry- accounts now due ... 7 15 10 16 3' Estimated Receipts. • ■ £ s. d. Rate is. on £ on say ... 1157 15 0 Subsidy £ for £ H57 15 0 Estimated balance due from Road Board ... ... ••• 593 8 6 Rent of Cottages ... ••• 120 c 0 Fines from R.M. Court and dog . tax, say ... ... ••• IOO 0 0 Licenses— Publicans ... £l6° Auctioneers ... 160 CaV>s ... 4 Pedlars’ licenses 4 Brewers and Grocers 20 348 O 0 Rent of Borough Reserves ... 415 0 0 Grant from County Council for water supply ... ... ... 5000 O O Balance of proposed'expenditure over probable receipts 12907 17 9 £21,799 16 3 Balance to be provided for ... £12,907 l 7 9



Clothing Establishment. ENCOURAGE NEW ZEALAND INDUSTRIES. TO THE PEOPLE OF THE ASHBURTON DISTRICT. (MESSRS. ALLENSTEIN H Desire to inform you that a RETAIL BRANCH of the NEW ZEALAND CLOTHING FACTORY, IS NOW IN THE NEW BRICK BUILDING ASHBURTON, (Next Bullock & Co.’s Rooms) To effectually introduce their Goods and drive out the imported article they have decided to sell a SINGLE GARMENT AT THE |WHOLES ALE PRICE. All goods are marked in plain figures, for net cash only. Any article purchased and not approved of will be exchanged with the same courtesy with which it was sold, or, if desired, the money will be returned. The Success which has attended the New Zealand Clothing- Fac tory’s Retail Branches in Auck land, Wellington, Christchurch, Dunedin, and other towns, leads the Proprietors to believe that there exists a praiseworthy desire on the part of the public to encourage New Zealand Indus tries, especially where superior advantages are offered, and your support is solicited on this understanding only. 46? WILLIAM SPARROW, Manager Ashburton Branch.



Chemists. HERBAL MEDICINES. PERSONS suffering from liver com plaints, coughs, colds, worms, skin diseases, &c., are invited to try Nature’s cheap and universal remedy, “HERBS.” James Neil, importer of Herbs, and Bo tanic medicines, George street, Dunedin, has appointed MR. J. M. CAMBRIDGE, Chemist, Ashburton, Agent for his highly-extolled medicines, Composition Powder for colds, Dandelion Coffee and Dandelion Pills for liver com plaints, Headache Pills, Botanic Cough Syrup ~ Worm Powders ~ Stomach Bitters ~ Blood Purifier, &c. Roots, Herbs, Barks, &c. of every kind. - 370 CAMBRIDGE’S ORANGE-QUININE TONIC WINE IS acknowledged'to be the mostagreeable and efficacious Tonic Stomachic yet pro duced. It containsthe valuable Tonic proper ties of Peruvian Bark (“Quinine”) with the Stomachic properties of the Bitter Seville Orange, so combined as not to be objec tionable to the most delicate invalid ; and, as a “BITTERS,” is far superior to all other preparations. Invaluable to all suffering from loss of appetite, indigestion, general debility, ner vous affections, tic, ague, and derange ment of the system. When the stomach has become enfeebled or disarranged by . disease, excess, or irregularities, or the appetite is impaired by mental or bodily exertion, or from any cause whatever, it gives a regularity and tone which is not obtained by any other medicine. One, two, or three wine-glass fids may be teken during the day by persons suffering from the above com plaints, with the greatest. benefit. It is highly recommended by the medical pro fession to be taken whenever Cod Liver Oil is ordered. By pouring the required dose of the oil into half a wine-glass of the “ Orange Quinine Wine ” scarcely a flavour of the oil is tasted, and the wine materially assists the oil in its beneficial operations. Price, 4s. Gd. per wine bottle, and sent (carriage free) in cases containing one dozen, at 48s. Sold retail by all Chemists, and manufactured by J. M. CAMBRIDGE, MEDICAL HALL ASHBURTON. 360 Business Notices. Q_ EORGE ALLEN,. COLLECTOR, HOUSE, LAND, AND COMMISSION AGENT, Saunders’ New Buildingg, Ashburton. CERTIFICATED ACCOUNTANT IN [BANKRUPTCY. I +<U



Business Notices. T li’ & Q OMPANY ’ S Direct Shipment of Winter Drapery, &c„ 5 Ex Coriolanus, HAS NOW ARRIVED, Consisting of Dress Stuffs, . Calicos, Sheetings, Quilts, Towels, Clothing, Carpets, Druggets, Etc., Etc., Etc. 374 and Socks. DOZEN Morley’s Hosiery, con sisting of Hose, Pants, Shirts, Crewdson’s Calicos, No. 2 to No. 6, direct jrom the makers. AA PAIRS BLANKETS, from the Best Manufactory—Witney. Q-| PIECES FLANNEL, from the tJX Manufacturers, Rochdale. DOZ. Cambric HANDKERCHIEFS from the Manufacturers, Belfast. QA PIECES TWEED, from the Manufactory, Huddersfield. Horrocks’s Long Cloth, direct from the makers. j Heavy Scotch Shirts, from the Best House in Glasgow. ALSO,



A LARGE ASSORTMENT OF Crockery, China, Glassware, Paperhangings, Hardware, Cabinet Goods, Cutlery, Electro-plate, &c., &c., &c. The whole of the above bought by their London agents, on the most advan tageous terms, with best discounts from manufacturers, will be Sold at the SMALLEST POSSIBLE PROFIT. T. It. HODDER & COMPANY purpose giving eeery advantage to their new and increasingly large circle of customers, by Selling the above Shipment of DRAPERY AND GENERAL MERCHANDISE, AT WHOLESALE, OR LESS THAN WHOLESALE PRICES, FOR CASH, IN ANY QUANTITIES, Especially as Another Shipment is daily expected per “ Redgauntlet,” and they would rather make a sacrifice of profit than pay too heavily on Insurance Risk, Also just added to stock TEAS AND SUGARS OP SPLENDID VA l'U E. BREAD, 4j4cl. per Loaf, for Cash, at the Store ; sd. if delivered for Cash or Weekly Accounts Only. Flour always on hand in 501 b., ioolb., and 2oolb. Bags. A LARGE ASSORTMENT OF COLONIAL AND IMPORTED Boots and Shoes, FURNISHING AND HOUSEHOLD IRONMONGERY. AGENTS FOR NORWICH UNION Fire Insurance society. HODDER and COMPANY ASHBURTON. 814



General Stores.



Sando & Olsen GENERAL STOREKEEPERS, East Street, Ashr jUton. GREAT BARGAINS IN THIS COLUMN Shortly. SANDO \ OLSEN, EAST STREET, ASHBURTON.



Sando & Olsen.