AUSTRALIAN

Press, Volume LII, Issue 9124, 7 June 1895, Page 5

AUSTRALIAN

Pre*. Association By Telegraph—Copyright THE NEW ZEALAND LOAN. Sydney, June 6. The Sydney Mornimj Herald says ; —" With the details of the Ncav Zealand loan before us, the first issue of.'. per cent. Australasian stock must be pronounced a success." THE UNEMPLOYED. In the Assembly, on the motion of Mr O'Sullivan to discuss the unemployed question, the Premier said he utterly repudiated any representations iuside or outside Parliament which ■ had political or ulterior motives. THE NEW TAXATION. The taxation proposals have passed tho first stage. The debate will be concluded next Thursday. REDUCTION OF JURY FEES. Melbourne, June 6. A Bill, substantially reducing jury fees and providing for trial by a Judge alono in the event of litigants not paying the jury fees, has passed through Committee in the Legislative Assembly. BOARD OF TRADE. In the Assembly the Treasurer stated that tho Go\*ernment had no intention of adopting the Tariff Board's recommendation to establish a Board of Trade. Parliament was not enamoured of permanent Boards, which practically defy its Avishes. CIVIL SERVICE RETRENCHMENT. In the Assembly the Civil Service Retrenchment Bill Avas read a second time. THE RECIPROCITY TREATY. Adelaide, June G. The Premier has arranged to postpone the date for bringing the New Zealand and South Australian reciprocal treaty into operation until August, Tin's -will allow of Mr Ward's return to Ncav Zealand. A SUCCESSFUL LOAN. The now local loan of _CSII,OOO at 8_ per cent., issued at par, has been floated with _rr_at success. The amount tendered for was £719,000. Fifty-seven tenders were received for the loan, besides six which Avere too late. The largest was from the Adelaide Savings Bank, covering the frdl amount, and it only receives A'W.OOO. All the applications will be allotted in full up to the first twenty thousand, beyond that they will get one Quarter.