[BY KLKOTKIO TKLKttBAPH.—OoPtfKIQUT.] (Pee Press Association) COMMUNICATION WITH NEW HEBRIDES. Melbourne, June 29. (Received Juno 29, at 1.30 p.m.) Negotiations are proceeding between the Government, the Presbyterians, and the Union Company for an extension of the New Hebrides service. "It is suggested that a small steamer should be subsidised as a feeder from the islands, and Mr Gillies has requested the Union Company to submit a statement as to the amount of subsidy re quired. NAUTICAL COURT. (Eeoelved June 30, at 5.30 p.mO The Nautical Court has found that the schooner Waitemata was responsible for the collision with the s.s. Flinders, and her master has been fined £25. A SERIOUS FIRE. Kerr's timber yards were destroyed by fire this evening. The damage is estimated at £20,000, and there is not a penny of insur ance. THE GRAIN MARKET. Sydney, June 29. (Btceive-J June 29, at 1.30 p.m.) Of the quantity of wheat required to supply the deficiency in this colony, con siderably more than one-third has arrived or been arranged for. As the market is at present shaping, prices seem likely to give little inducement for further shipments from California for some time. Already business is being done at prices that include the possi bility of profit. THE SCHOONER COLONIST. June 30. (Hecelved July I, at 1.30 a.m.) The owner of the schooner Colonist de clares that the vessel sailed on a legitimate cruise, and asserts that Weaver's yarn of a treasure island in the Pacific is a pure fabri cation. CHAMPION COURSING. The Australian Champion Coursing Stakes was won by Flageolet, the runner-up being Ben Hind. IMPROVED REVENUE. The revenue for the financial year just ended amounts to £8,674,700, being an in crease of £1,067,000. The principal in creases are in customs £526,000, and rail ways £372,000. THB COLLIERY ACCIDENT. Newcastle, June 29. The prospect of recovering the bodies of the imprisoned miners is remote. The mine is a wreck, and the rescue party arc working in great peril. A PAPER CURRENCY. Adelaide, June 29. (Received June 29, at 1.30 p.m.) The State Bank Commission has reported against the establishment of a mint bank, and suggest, that Government .should issue a paper currency in notes of value of from 5s to £10.
