LATEST AUSTRALIAN NEWS.

Kumara Times, Issue 3032, 22 July 1886, Page 2

LATEST AUSTRALIAN NEWS.

[REUTERS TELEGRAMS.] Bv Electric Telegraph.—Copyright. MISSING BARQUE OHASOA PUT IN AT SYDNEY. A SIX MONTHS’ VOYAGE FROM NEW YORK. VICTORIAN RAILWAY AND POST OFFICE REVENUES. A PROSPEROUS MINE. (Received July 21, 8 p.m.) Sydney, July 21. The Ameiican barque Chasca, which left New York on January 25th, for Welling'on, N Z., put in here to-day. (Received July 21, 1.15 p.m.) Melbourne, July 21, The Financial Statement last night of the Co'onial Treasmer’s showed a not t income by the Railways of £615,000, which returns 4-1- per cent, on capital, the Hobson’s Bay Railway returning 7J- per cent. The Treasurer stated that the Post Office revenue showed an annual loss of £109,000 [united press association.] Melbourne, July 14. On Thursday last, the Long Tunnel Mining Company, of Walhalla, declared the 188th dividend of £2 per share. This brings the total amount paid in dividends on each share up to £417, or, there being 2400 shares in the Company, a grand total of one million and eighty thousand. This is the ! first, mine in Australia to occupy the distinguished position of dividing one million of money among its sharc- , holdeis. The quarterly meeting of j shai.'l oldc.s was held the same day, I the ITmi W Peeiomt M T TJ heinry »n . ..

the chair. The proceedings were of an unusually agreeable character. The Company’s general manager, Mr Thompson, was voted a bonus of £SOO, the mining manager one of £IOO, and others of varying amounts to all employes, the total sum thus distributed being £I2OO.