AUSTRALIAN NEWS.

Taranaki Daily News, Volume LV, Issue 235, 22 February 1913, Page 2

AUSTRALIAN NEWS.

BROKEN HILL PROFITS. By Cable—Press Association—Copyright, j Sydney, February 21. I The report of the Broken Hill I'm-. prietary Company for .the half year end-' ed November shows that the net pro/its were £104,903. The liquid assets totalled £049,372. It was anticipated that the iron and steel works the company was erecting at Newcastle would be nearing completion two years hence.

LABOR COUNCIL'S CONSTITUTION Sydney, February 21.

A division of opinion among members of the Labor Council whether discussions should be limited to matters relating to industry or affecting the interests of workers, resulted in the carrying of a. motion that nothing in the constitution precluded the discussion of any political matter.

YEXD .11/D(iMEXT APPEAL.' Brisbane, February 21 Advices have been received that i Privy Council has granted leave to < pcji 1 against tiic High Court jiulgiiu in the coal vend case. This judgnu reversed Mr. Justice Isaac's oiigii judgment, under which thirty, defenda companies were heavily lined fox brca, es of the Australian Industries' Pros ration Act,

LOSS OF THE EASTERN*. P>rishane. February 21

.Tim Snproiiic Court, in a special case. found' the Government liable for the stranding of the steapier Eastern in January. 1011. The company, after the mishap, issued a writ against the Government, claiming foO.OOO. averring the disaster was due to the negligence of a pilot employed bv the Government.

FORMATTOX OF A THIRD PARTV. Sydney. February 21.

Mr. Peeby will call a convention to discuss the formation of a third party in Parliament.

DROUGHT TX QUEEXSLAXD. Brisbane, February 21

The hot weather and protracted absence of rain arc seriously affecting some districts on the south coast. Dairying areas are suffering severely.

THE JAPAXESE WARSHIPS. Sydney. February 21. The Japanese warships Soya and Adzuma have departed.

THE LATEST TRUST. Sydney. February 21

A meeting of the Picture Showmen's Association carried a strong protest against the film amalgamation's alleged attempt to prevent the purchase of films outside the amalgamation. XEW STATE DEPARTURE. Sydney. February 21.

Mr. Carmiehael has expended £OOOO in the purchase of a factory to manufacture furniture for State schools. DEATH OF A HERO. Hobart. February 21.

Albert Cladd. a prominent pariicipntor in the rescue work at the Xorfli Mount Lvell mine at the time .if the disaster, lias succumbed to pneumonia MOTOR-CYCLE RECORD. Melbourne, February 21.

Eric Tyler, motov-ei'oled from Svdnev to Melbourne in 24 hours 39 minutes, beating Clunn's record by 7." minute*.