1 United Press Assoc; ation—By Electrio ; Telegraph—Copyright. VICTORIAN INCOME TAX . ; ■..-.■ POSALS. 5 " MELBOURNE, February 2. The* Premier has" submitted the income r ta£ proposals, which are practically the fc same as the old ones, the promise of -the late ' Premier for .reduction not having been car ried out. ■-' > f. THE BANK OF NEW ZEALAND. > ADELAIDE, February 2. The'Bank'of New Zealand closes its Ade . laide branch on February 12th.
THE MARKETS.
r United Press Association—By Eleotxio i * ' Telegraph—Copyright. ." j LONDON, Febniary 1. | TB_e America.- visible vrtbeafb supply is es \ tdmatod at 88,500,000 bushels. . " The Christchurch office of the. New Zea [! land Loan and Mercantile Agency has re -7 ceived the following cable'message, dated January 31st, 1900: — "' "Wheat,—Market quiet. New Zealand f wheat average is worth 28s per 4961b5, and L j New Zealand wheat long-berried, is worth I 28s 9d per 4961b5." 1 Messrs Dalgety and Company Limited 7 have received the following cable message ' from their London office under date 31st 1 ulto. : — [ "Tallow.—Late prices are with difficult ; maintained. A moderate business has been '. done by public auction."

SHIPPING AND MAILS.
United Press Association—By Eiectrio Telegroph— Copyriglit. ' NEWCASTLE, Febniary 2. Sailed—Undaunted, for the Bluff.
CRICKET.
Uni-ad Press Association—By Electric Telegraph—Copyright. SYDNEY,- February 2. In the.match between the Australian Eleven and the Rest of Australia, the Aus tralian Eleven in their first, innings scored 237—WorrsJ 8, Hill. 7, Trumper 41. Darling 4, Gregory 0, TrumMe 5, Noble 94, Iredale 38, Layer 25, Kellynot out 7, Jones 0, ex tras 8. The Rest of Australia have lost two wickets for 59—Jarvis 4, McKenzie 9, Gra ham not out 19, Stuckey not out 25.
POLO.
