AUSTRALIAN NEWS.

Hokitika Guardian, 9 November 1923, Page 4

AUSTRALIAN NEWS.

AUSTRALIAN AND N.Z. CABLE ASSOCIATION EIRE BOSSES. SYDNEY, Nov. 1. t lainis on insurance companies in New South Wales on account of tire losses are each year absorbing more of the premium income. Six years ago less than half of the premium income was paid out in losses. East year—that ended June 80th last—-more than two-thirds of the premium income was absorbed in losses. The growth has not lu-cn of a year, but ir has been .steady throughout the whole period. An illuminating table luis been prepared by the Government Statistician, giving net premiums, net loss.", and the total expenditure of companies doing lire insurance business in New South Wales. This shows that in 11)22 the net premiums totalled *2l ,88-1,"(I'd: the net losses, LT.fb2.0715, and the total expenditure LT ,088.fild. In 1028 the net premiums totalled Lf>011,71)0 : the not losses L'l ,2-'2.0d7, and the total expenditure L2,0Vi,271, it will he seen that the last two years’ expenditure Ini' exceeded premium income. Dividends have been paid largely from interest i n invested funds. A FATAL BOLT. SYDNEY, Nov. 1. Heavy punching was the characteristic of the hoxin+e match between Seaman Diinstan and Max Goi'nik, at the .Melbourne Stadium on Saturday nigh!, as the result of which Dutistati lost his life. Alter being sent to the canvas I hive times for nine in the sixLoentli mum!. Duiistnii c;tnif up «ronu* and smiling for the seventeenth. Three time- again i n the seven teen l h he was enislied to the canvas, and was right out on Ills feet and fell Ids way blindly to his corner. This is where Ids corner .should have taken a hand to stop this frightful

exhibit ion of how imieh a man had to take to stay down and out. The towel did not come into the ring, and the referee could not, in justice, stop the fight, for with Diinstan easilyleading oil points, and only two rounds to go, it was possible, hue hardly probable, that he would weather the storm, Diinstan had hardly groped his way unseeiiigly from his corner when Gornik smashed him on the jaw with a left drive and brought over a sickening right: to the same spol. Diinstan fell hack a dead weigh!, the hack of his head hitting t he canvas with a dull thud. IB' lay inert until nine sounded in his ears. He feebly lifted his head an inch or twi" smiled, and then lay still. Too still, for the man was in a had way. .Max waited not for the referee's congratulating pat. lint rushed over and carried Duiistan to Ills corner. Diinstan later vomited blood in his dressing room and did not regain consciousness. Tie was taken to Tt. Vincent's Hospital, and in a few hours this stout heart ceased beating. A LATHER'S CRUELTY. MELBOURNE. Nov. n. Ere. l blown, ol Re-ervnir. wa- setiteiirrd to three months ill gaol fur illtreating liis soil aged 111 years. The child evidenced that the lather was very cruel nml had IVcpieitl l\ hunted tender parts oi Hie boy's body with a red hot poker a tier lir-l making the younger son. aged, six, hold the vie-