AUSTRALIAN CABLES.

Feilding Star, Volume XVII, Issue 108, 4 November 1895, Page 2

AUSTRALIAN CABLES.

« _ COMMERCIAL BANKING COMPANY NEW SOUTH WALES POLITICS. SMALLPOX PATIENTS. THE COLLIERY STRIKE. rPer Press Association.) Sydney, Novr. 2. At the half-yearly meeting of the Colonial Sugar Company, the profits were shown at £83,300, to which is added the balance of .£87,000 brought forward. A dividend o( 10 per cent was declared, and £80,000 carried forward. A letter dated July 6th, received from New Australia, in which a settler who recently with others left Sydney, gives a hopeful account of aftairs there. This Day. The Commercial Banking Company of Sydney has decided to release the remainder of the deferred deposits before the end of the current year. The final amount thus released will approach a million. Five years were allowed in which to pay off all deposits, but within half that time the Bank has been enabled to clear itself. The Premier, while willing to compromise with the Council upon the Land and Income Tax, is just as strongly in favor of the exemptions as ever, but is not prepared to bring about a crisis upon any reductions which are not unreasonable. The reductions made so far have, however, been made by the Assembly, not by the Council. The Premier regrets the Council should have interfered with their financial policy, and that such a thing is possible shows the necessity for a change in its constitution in order to bring it into harmony with the will of the electors. Melbourne, This Day. A majority of the Cuzco's passengers have been released faom quarantine. Brisbane, Novr. 1. The steamer Ruapehu, from London, ■ailed at noon for Wellington. Newcastle, Novr. 8. There is every probability that the efforts of the conference between the colliery proprietors and the miners will prove abortive, as some of the largest proprietors have already refused to meet the men.