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AUSTRALIAN NEWS.

By Telegraph.—Press Association . — Copyright. Melbourne, January 17. The balance-sheet of the Commercial Bank shows a net profit for tile half-year equal to .about per cent: per annum on tlio preference share capital. A noteworthy statement in the report is that the* payhiont of deposit receipts falling due, chiefly in 1898, to the extent of nearly .8500,000, has been anticipated! Sydney, January 17. The Minister for Public Works states that between .£300,000 and 400,000 will be spent on roads in the colony within the next three months. ,

The (aovernnieilt is sending an expert irrigationist to Bourke, to plot out 400 acres in the vicinity of the artesian bore in 20-acre farms. The Government will also establish an experimental farm to illustrate the best methods of irrigation.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18950118.2.19

Bibliographic details

New Zealand Times, Volume LVII, Issue 2412, 18 January 1895, Page 2

Word Count
127

AUSTRALIAN NEWS. New Zealand Times, Volume LVII, Issue 2412, 18 January 1895, Page 2

AUSTRALIAN NEWS. New Zealand Times, Volume LVII, Issue 2412, 18 January 1895, Page 2