GENERAL CABLES.

Taranaki Daily News, Volume LV, Issue 177, 13 December 1912, Page 5

GENERAL CABLES.

WELCOME RAINS. By Cable—Press Association—Copyright. Received 12, 0.15 p.m. Sydney, December 12. A lengthy hot spell lias been broken by soaking rain in the coastal districts. The fall was light inland, but the benefit will be immense. There was a heavy snowfall at Kiandra. PAPUA'S DEVELOPMENT. ' Received 13, 12.10 a.m. Melbourne, December 12. In his annual report the Lieut.-Gov-ernor says that Papua shows steady progress. The territorial revenue increased £SOOO, trade £15,000. and imports £3OOO. but the exports decreased £lB,000. The area under agricultural settlement is 24.000 acres, compared with 10.000 acres the previous year. The gold output is below that of 1011. He speaks hopefully of the future for agricultural and mineral development.

A TRIBAL MURDER. Received 13, 12.10 a.m. Teheran, December 12. Tribesmen at Shiraz murdered Captain Eckford. of the Central India Horse, during a shooting expedition. THE MISSING STEAMER. Received 13, 12.10 a.m. London, December 12. The lamp,found on the Centurion does not belong to the Osprey, which has since been sighted. THE ORIENT COMPANY. Received 12, 10.55 p.m. London, December 12.' The report of the Orient Steamship Company shows profits of £232.000. A dividend of five per cent, has been declared. It is recommended that £55,000 be allotted for repairs and renewals. £50.000 added to the general reserve, and £53.215 carried forward. It is proposed to form an Orient Underwriting Company with a capital of £IOO,OOO, of which £57.012 will be offered to deferred shareholders. The scheme will obviate merging the underwriting account with the general assets.

A DEFAULTING SOLICITOR. Received 12, lO.yii p.m. London, December 12. Francis J. Tarr, a wel'known and respected British solicitor, died suddenly. An investigation showed that he was insolvent. He had been engaged in misappropriations from women clients for many years. The deficiency is £31.000.