AUSTRALIAN NEWS

Taranaki Daily News, Volume LII, Issue 149, 20 July 1909, Page 2

AUSTRALIAN NEWS

SMALL ARMS FACTORY. By Cable—Press Association.—Copyright Received 20, 1.10 a.m. Melbourne, July H). I lie leileral Government has accepted vlie lender of Pratt and Whitney Co., ..ii American linn, for £US,OOO, for the • erection of a small'arms factory. The . ;' o,i ;, IS '!!, '"' e ' ,k ' U ' ll ! "' t»'clvc . ""' lllls - / I'-'ie «ere_several English ) ciders liif-li.-r. The IhTTer also required . W'o t» two and a-haif years to complete • the contract. : ' BANK OP VICTORIA. | Received 20. 1.10 a.m. , -Melbourne, July 10. Hie Hank of Victoria :ba!a.ic«. s hect thow the prulils for the half-vear to he UIUKI.-,. A dividend of 5 per cent on l'«*e.rc:ieo shares and 5 per cent ' on [-nluiary shares was declared, £is,o°3 l.'c.ug carried forward. QUEENSLAND NAt7o.\AL*BANK. Received 20, 1.10 a.m. Brisbane, July 19. lie report of the Queensland Nation- ; 1 Bank shows the net profit f„ r the .alf-M'.u to be £14,157, of which £19,i.x was carried to the contingency fund, £20.0110 to nrivatc depositors' re payment fund. a„d*sooo to the reserve ti «„ . , iߣ. m ' ,K '- Jul - V 1!) ' The Secretary of j»» st Office states i '"at Australia's ruction in press . cables is equal to 50 per cent. If the i companies controlling the connecliii" l.nks would make, a .proportionate re" duel ion the rale would be lid a word instead of Del. DESIGN Of SILVER COINS. ' Sydney, July 19. f The new Australian silver coins will 1 li'ive (he Kinir's head on one side with l the words "King and Emperor," and e <m the reverse side tbcv will have a A man of Australia with the word "Aus- t tralia" across it. }