SOUTH AFRICA.
THE LOAN,
By Telegraph— Press Association—Copyright Capetown, May 7. Indians residing u. Johannesburg have protested ugaiuat being ouinpelled to eun duct their business in bazaars and allotted locations in tbo city. Tho extroLue reticence of the speakers provonts tho real aims of the fiend Congress being divulged. London, May 7. The Transvaal surplus is £3UU,OUO. Tho prospectus of tho Transvaal loan of thirty millions states that it will bo issued at 3 por cent, at par. It is expected that tho loan will be cov'-rod twenty-fold. It is also anticipated that tho allowance will bo slightly to the advantage of allotteos. Tho currency will be for 25 years. Dealing in scrip has taken placo at 1} promium. There are largo Drench and American remittances. The Bourse at Paris is fuvorubly influenced.
great rush for the loan
SUBSCRIBED EIGHT-FOLD., Kcceived 11 p.m., May 8, LONDON, May 8, The Transvaal loan runs half a cun fury, hut the Transvaal is entitled to redeem if in 11)23. The lust dividend is payable in November. There is a great rusli for the prospectuses, The loan has already been subscribed eight-fold. It will he closed on Tuesday. MEAT SUPPLIES, CAPETOWN, May 8. 'The I laversliam Orange’s cargo ;was slaughtered before landing. Ollier'. will be similarly dealt with.
CHRISTCHURCH NEWS
A CHARGE REDUCED.
.(Per Press Association), Christchurch, last night. In the case of Thomas Houlahin and Edward Drapper, who wore charged with assaulting Charles Walter on May 6th with intent, tho Bench considered tho evidence did not warrant presumption of robbery, and said tho churgo would be reduced to one of common assault. Tho caso was adjourned for a week, bail being allowed each accused in his own surety of £25 aod a surety of .£25 each, A SUICIDE.
An aged Maori named Tommy To Waka, committed suicido near Little River yesterday-, by shooting himsolf. BREAKING AND ENTERING. At the Magistrate’s Court to day Frederick Macalister and William Webb were committed for trial ou a charge of breaking into tho warehouse of Messrs D. Benjamin and Co. and stealing goods of tho total value of betweon £6 and £7.
A public meeting to-night decided that it was of opinion that tho Stuto should tnuko adequate provision for neglected and criminal children committed to its care, and tnko steps to provide more suitable homes and moro rational treatment. It also urged tho need for proper classification of-State childrou and better technical education to provide them with tho means of livelihood. It suggested tljat local Boards should be set up to control institutions for neglected children. The Arbitration Court in the afternoon hoard four cases of alleged breaches of the butchers’ award. All lour collapsed, the Ooutt dismissing one, and tho others being withdrawn after sumo evidence had been given. Tho Professional Council of tho Canterbury Collego has elected Professor C. H. H. Cook as its representative on tho University Senate.
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Gisborne Times, Volume IX, Issue 886, 9 May 1903, Page 3
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485SOUTH AFRICA. Gisborne Times, Volume IX, Issue 886, 9 May 1903, Page 3
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