GENERAL CABLES.

Taranaki Daily News, 18 December 1916, Page 3

GENERAL CABLES.

big profits. Cable Association. London, December 14. The report of the Orient Shipping Co. shows the balance to profit and loss account to be £238,215. A.dividend of 3 per cent, was declared. The repair and renewal account siiowed a balance of £23,000: general reserve, C 05,014, and £!)((,.%'fl was carried forward. DISCOVERY OF PHOSPHATE DEPOSITS. Petrograd. Doc. 1,1. The Minister of Agriculture reports (lie discovery of luige layers of phosphates. Agricultural machinery is in in('.casing demand. PUP' ' ' EXPENDITURE REDUCED. Sydney, Dee. 10. Ir. accordance with the Government's policy of restriction of public works, the C'oorabitrabran-Burren Junction railway extension has been closed, rendering 1200 men idle. THE DAXISII WEST INDIES. Copenhagen. lieo. ].>. An exciting electioneering campaign, lasting for weeks, on the question of the -ale of the Danish West Indies to America, has terminated in a plebiscite which resulted in 2fv1,000 votes being cast in Javor of, the sale ar.d 155,000 against. I.esi than half the electorate loted. A XEW LEAGUEFOIUIKD. Sydney, Dec. 18. There is a movement-for establishing 111 Australian Xatiml.ll Democratic League throughout the country, with the object of bringing the war to a successful end and the betterment of wages