GENERAL CABLES.

Manawatu Herald, Volume XXIX, Issue 3759, 12 March 1907, Page 3

GENERAL CABLES.

London, March 8

The half-yearly report of the Bank of Australasia announces a dividend of 12 per centum, and a bonus of Bs. per share. The sum of £30,000 has been added to the reserve fund, £12,000 to the bank premises account, ,£17,000 is to be distributed as bonuses to the staff,, and ,£17,000 will be carried for ward.

Sir William Miller’s residence, Englemere Lodge, Ascot, has been burned. Amongt the pictures destroyed were several fine Titians and Turners. . Natives of Leiberia, (? Liberia negro republic in West Africa) attacked a small British force at Lela, two hours ’ march north of Walade ( ? Walata, an oasis in the Sahara, about 355 miles west by north Timbuktu). Captain Norman, commander of the party, and another officer were wounded. The force was compelled to return to Walade.

Mr John Henry Whitley has been appointed a Junior Lord of the Treasury, and has been reelected unopposed for Halifax. The Board of Trade returns show that British imports for February increased by£si4 o0 i° oo > and exports by £3,3 02 > 000 as compared with the figures for February of last year. New York, March 8.

Mr E. H. Harriman, who has just made millions by a coup on the New York Stock Exchange, admits that he controls 25,000 miles of railway. He advises the adoption of a 6ft gauge and more powerful locomotives at a cost of a billion dollars, to cope with increasing traffic. George Perkins has returned to the New York Life Assurance Company 54,000 dollars that was contributed from the company’s funds to the funds of the Republican Committee during the 1904 election campaign. Melbourne, March 8.

Under the new Papuan (New Guinea land ordinance, Kitchen and Sons, of Melbourne, have applied for a lease of 5000 acres in New Guinea for plantation purposes. News has been received that Mr Voliva, overseer of Zion City, and for some years leader of the Zionists in Australia, has decided to abandon Zion City and to found a Colony in California on Socialist lines.

Many Zionists, including numbers of Australians who went to Zion City, will throw in their lot with Voliva.

Sydney, March 8

A fire at Darlington destroyed Harris’s furniture factory and Haedwig’s store adjoining containing a large quantity of wickerwork. The total damage is about Paris, March 8.

Hopes of refloating the French cruiser Jean Bart, which was wrecked on the Barbary coast, have been abandoned.