AUSTRALIAN NEWS.

Taranaki Daily News, 8 August 1919, Page 5

AUSTRALIAN NEWS.

CEORGESON'S LARGE PROFIT. By Telegraph.—rress A-s:i—'Jopjrifflit. Sydney, August 7. fnunspl concluded their addresses at the Wheat Commission, in which it was stated that Georgeson's profit amounted to £OO,OOO. The commission has adjourned indefinitely. N.Z. Cable Assoc. The counsel for tho Crown in the wheat ca=o stated that Georgeson was not yut out of tho Wood, as he had to deliver tho greater part of the wheat, with chances of its deterioration.—Alls. N.Z. Cable Assoc. THE WARSHIP NEW ZEALAND. Received Aug 7, 7.30 p.m. Sydney. Aug. 7. The warship New Zealand has been docked at Cockatoo Island for overhaul. BISHOP OF MELANESIA. Received Aug 7, 7.20 p.m. Sydney, Aug. 7. Tho new Bishop of Melanesia is at present in eh trge of the college at Marovovo, Solomou Islands. His consecration will take place shortly in Wellington. | .RESUMPTION OF MESSAGERIES SERVICE. Received An?. 7, 7.30 p.m. Sydney, Aug. 7-With-the arrival of the French mail steamer to-day the Messageries Mai'itimes resumes tho regular service to Australasia. The company is preparing to largely augment its various pre-war services.—Aus. N.Z. Cable Assoc. THE NOTE ISSUE. Received August 8, 12.10 a.m. Melbourne, August 7The note issue for the past four and a half years was augmented by £35,575,000. BOOM IN FINANCIAL STOCKS. Received August 8, 12.10 a.m. Sydney, August 7. There is a remarkable boom in the investments in stocks. There is a large Volume of business in war loan bonds. Wheat certificate values have advanced rapidly.