The MokoH, fioin Sydney, p.issed F.ire well Spit it 9 .1 m., .md ohoold .unve <-iboat 0 p.m. MosBiB Levin ,md Co hive loceivod ■idvice tu.it tho W.ilwen w ia to h.ivo loft Cipetovrn on the retaxa joaiaey yeetoi day,

The tlurap that w<i9 piognosticaled, in the diedglug shaie raaiket has not yet set In, .ilthoDgh theie ,ue Indications th.it multitadeH of Ihe holdeis of shares aie feeling the pinch caused by the effoit to make a Ll2 monthly income accommo date Itself to cilia of L4O foi ,i Hke peiiod. Theie la no known aiithmetical measoie that will subjugate and bung within the b mnds of possibility a diffi culty of this deeciiption ; bat it is qnite diffeienr in the oi.se of a Ll2 monthly in come being asked to p.iy ont Lll a month. Hi-ie the holdei of the shares eiihei makes a anpeihuman effoit fco m ko 5s .1 week piovlde for all his wants, 01, t tklng the butchei, bakei, and giocei into his confidence, he meets one set of obligations and piles another set np In othei dliectione. It is eetl m ited that the piofincial district of Otago hag taken on itself the leeponsibility of pioviding within the epice of the next twelve months a sum vaiiou If estimated at between L 1,200,000 and L 1,500,000, .md the atones th.it reach as of how this is being done mast make doileia in the necessaries of life wondei how they aie going to pull thiongh. They probably hold no sh uep, bat theii Inteiest in those who do is a qaickly increasing quantity ; ao mach so, indeed, th.it aboat, one-half is tianßfeued on to the ahoaldeis of the tiadesmen, who, if hehaaan accommod,^ ing banker may hold oat till the Tugel i j budge that Bepai ites the plungei finm the Colenso of despc-i.itlon and the L.idy smlth of his hopes is patched np suffi ciently io enable him to gefc .icioas with out falling into the nvei beneath. Yet theie is no slump inahaiea. The Moly neov is a nvei of gie.ib expect, itlon». It has piovided foitunea foi Luge number, .md the g'ldeu di if t s along ita coaise tie not yet by auy me ins exhausted. 