AUSTRALIAN. [PRESS ASSOCIATION.]

Evening Post, Volume L, Issue 54, 31 August 1895, Page 2

AUSTRALIAN. [PRESS ASSOCIATION.]

Milbourn*, 30th August. At the half-yearly meeting of the Standard Bank of Australia, the report stated that tbe amount of interest "eserved, and not oredited to tbe profit and loss, but placed to individual oooonnt«, was -£32,000. Binoo the reconstruction the working expenses had been rednoed over SO per oent. With the view of encouraging fresh business, new deposits and accounts were made preferential, and no dividend would bs paid until deposits for deferred interest had been met. Ac a speoial meeting a re-arrangement was adopted whereby depositors agreed to take reduced interest at 2i per oent. Tho Jud<e refused to grant an application for the unconditional discharge of C. B. Fisher, and said that the evidence showed that the estate would never pay a dividend, and that he bad arrived at the conclusion that Fisher was insolvent for sevoral years, bnt had carried on until no asuets were left for the nnjeonred oreditors. The bankrupt' had also speculated beyond his means. Stdnit, This Dat. Further awards have been made in connection with the Eedfern railway aooident. Mr. Bradley, who claimed .£3OOO, has reoeived .£487, and Mr. Osborne, who claimed .£BOOO, has been allowed .£4OO. The Gulf of Lyons has shipped 100 horses of all olasses, from heavy draughts to ponies, with the view of testing the London market. The monument to the ohampion sculler Searle, erected on the bank of the Parramatta Eiver, hss been overthrown and broken— it is supposed by a high wind. Adelaide, This Dat. A large meeting of Civil Servants resolved to petition the. Government against being singled out for speoial contributions to the revenue, and request that means be adopted for adjusting the finances so that the burden may be borne by the community at large. A note found in the room of Mrs. Willis, who waa shot at Alma Plains, expressed the hope that God would have meroy on her soul. No traoe of Willis has been found yet. The directors of the Wallaroo and Moonta mines have deoided to increase wages by 10 per cent, from October if the price of oopper remains over iJ-15. Mslboubni, This Dat. Mr. Jaoombe has been appointed liquidator of the City of Melbourne Bank. Pkrth, This Dat. Giles' prospecting party has discovered an extensive reef at Mount Margaret. The stone oarries ooarse and fine gold all through. Hobabt. This Dat. The United Steamship Company has decided to dispose of itß steamers and property. A valuable seam of coal has been struok at St. Mary's.