AUSTRALIAN.
? fPEISB ASSOCIATION. J Adelaide, 14th August. The difßoulty which has existed for some time in the boot trade in consequence of the introduction of maohinery baa bean amicably Bettled by the Board of Conciliation. Both Bides have made concessions. With referanco to tho discovery of the marked tree at Bradshaw's Creek, Northern Territory, it is suggested that Adams, whose name it bears, was ono of Leichardt's lost expedition, which was iv tho vioiriity in 1815, and that the third figuro of tho date has been misread. (Received August 15, 11.15 a.m.) Melbourne, This Day. The new scheme of compromise to be submitted to the shareholders of the Australian Deposit and Mortgage Bank provides that 30 por cent, of the indebtedness shall be paid in cash without interest by 1901, tha remaining 70 per oent. to be payable in 15 or 20 years with 3£ per cent, interest ; that the interest payable out of profits to prefercnoe shareholders shall be reduced from 5 to 3.J per cent. ; that part of the extended indebtedness may be paid at threo months' notice; that the direotors accopt deposit receipts at face or less than face value in respect of calls, mortgages, or sojea of property.
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Bibliographic details
Evening Post, Volume L, Issue 40, 15 August 1895, Page 2
Word Count
202AUSTRALIAN. Evening Post, Volume L, Issue 40, 15 August 1895, Page 2
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