AUSTRALIAN NEWS.

Taranaki Daily News, Volume LIII, Issue 96, 1 August 1910, Page 5

AUSTRALIAN NEWS.

| MORTGAGE COMPANY'S CAPITAL. | 'By Cable.—Press Association. —Copyright I Melbourne,. July 10. j The Goldsborough Mortgage Company is increasing its capital to the extent of £239,570 by the issue of new shares. BROKEN HTLL DIVIDENDS. Sydney, July 30. The latest dividend paid by the Broken Hill Proprietary Mine makes the total received by.' shareholders £9,272,iOOO. EARTH TREMORS. Melbourne, July 30. 1 The seismograph at the Observatory recorded several earth tremors during the week. I BANK OP COMMERCE. Sydney, July 30. j After a lapse of fifteen years the Australian Bank of Commerce, formerly the Joint Stock Bank, paid a dividend amounting to 3 per cent. The net profits for the year were £11,670, the dividend absorbing £8,411. The balance was carTied forward.' The chairman stated that

a large amount of new business was offering, and the success of the bank was assured. INCREASE TN AUSTRALIAN TRADE. Sydney, July 30. The oversea trade of the Commonwealth for the six manths ended June 130 totalled £60,605,151, an increase of £8,911,149 compared with the same period of last year. . Imports were £26,709,638, an'increase of £3,374,300; exports £33,895,813, an increase of £3,437,149.

SUG AR BOUNTIES. Melbourne, July 30. Mr. Tudor, Federal Minister for Customs, told a Queensland sugar growers' (deputation tliat the Government intended to continue the bounty and excise [system, but without limitation. Mr. I Hushes told the deputation that before April the Government would ask the people, by referendum, for extended powers to make laws regarding: industrial legislation.

1 THE WAKATAT-rS PASSENGERS. Melbourne, July 30. The first application for probate of the estate of a passenger on the missing steamer Waratah has been lodged, the estate being that of Mrs. Starke.