COMMONWEALTH CABLES.

Stratford Evening Post, Volume XXXVI, Issue 91, 21 August 1913, Page 5

COMMONWEALTH CABLES.

——e NEW STEAMER LINE, „r Electric Telegraph—Copyrighti lUkitEd Press Ashooiati'-n 1 Sydney, August 20. Advice lias been received that the American Hawaiian Steamship Lint is seriously considering extending its trade to Australia, with a view to the Panama Canal opening. A SERIOUS FIRE. 1 Tho tire occurred on the top floor of i fivc-storcycd building in York Street to-night. The three top floors, occupied by Read, a hat and umbrella maker, were destroyed and the stock damaged to the extent of .£IOOO. COLONIAL SUGAR CO. The Colonial Sugar Company, at a special meeting, confirmed the resolution to increase the capital from three to four million pounds by issuing 50,.100 new £2O shares. A RAILWAY SCHEME. (Received 9.55 a.m.) Sydney, August 21. Cabinet has approved the three million railway construction scheme o' the Norton Griffiths Company subject to Parliamentary endorsement. • SHARE PREMIUMS. (Received 9.55 a.m.) Sydney, August 21. The High Court, in a test ease, ruled that share premiums were not profits and cannot ho taxed for income.