AUSTRALIAN NEWS.
A WAREHOUSE FLOODED. Melbourne, July 26. A watermain burst on the sixth floor of Sargood's warehouse building and flooded it. The estimated damage is £IO,OOO. A WILD OAT SCHEME. Melbourne, July 26. The market for Mount Marooma, 1 Northern Territory, has completely collapsed, and shares recently worth £2OO sold for" £2 10s. An expert, Mr. Wilson, reported from the field that Mount 1 Marooma was of no practical value, «nd that prospecting and assaying did not warrant him recommending the directors to exercise their option. GREAT INCREASE IN DEPOSITS. Sydney, July 26. The State banking averages for the quarter show that deposits for the first time exceed £50,000,000, the increase for the quarter being £1,900,000, and on the year £5,500,000. AUSTRALIAN BUTTER.' Melbourne, July 26. A Victorian butter manager taKes strong exception to Weddel and Co.'s report thait Australian butter has not improved during the year. He quotes figures showing better demand and prices. I
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Taranaki Daily News, Volume LIII, Issue 92, 27 July 1910, Page 2
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157AUSTRALIAN NEWS. Taranaki Daily News, Volume LIII, Issue 92, 27 July 1910, Page 2
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