AUSTRALIA.

Lyttelton Times, Volume XCIII, Issue 10596, 4 March 1895, Page 5

AUSTRALIA.

[Special to Press Association. 1 THE SYDNEY STOCK EXCHANGE. SYDNEY. March 2. The activity on the Stock Exchange is still sustained, though the great advance of the previous fortnight has been followed by a more sober movement. The tendency of prices is still towards improvement; the tone is healthy, and sales have been effected more freely even than a fortnight ago. AN ALLEGATION OF MUKDEN. PERTH, March 2. It is now sated that Sutherland’s death was not the effect of mischance, but the deliberate act of Miller, who was annoyed at losing a lawsuit with the deceased. ADELAIDE, March 2. THE FEDERAL BANK. The question whether the Adelaide shareholders of the Federal Bank could compel the liquidators by requisition to call a meeting was decided by the Chief Justice, who held that the winding-up being conducted for the shareholders all over the world, only one tribunal could begin and carry liquidation to a complete close, sad that was the tribunal of the country where the company is domiciled. Other liquidations must bo auxiliary. He decided against the local application. METHODIST UNION. March 3. The Wesleyan Conference has decided to refer the question of Methodist Union to the Federal Conference, with a request that polls of adherents should be taken in I the matter. | A PROPOSED CABLE ROUTE. I BRISBANE. March 2. I The surveying ship Penguin has returned I after surveying a line from Queensland to ! the Solomon Islands to ascertain its suiteI bility for a cable routs. She found a depth | of 1500 to 1700 fathoms. ! AN UNFAVOURABLE REPORT. | March 3. ! A recent official report upon the various ' co-operative groups established under the Land for Settlement Act is decidedly un- : favourable, and goes on to say that not ' more than three or four of the groups will ; survive much longer. About a million | an ,j a half acres of additional land in I various districts in the colony were thrown open for selection yesterday, with fairly i successful results.