INTERCOLONIAL.

Otago Daily Times, Issue 10267, 26 January 1895, Page 4

INTERCOLONIAL.

Press Association—By Telegraph—Copyright.

A SATISFACTORY. STATEMENT.

Sydney, January 2!) At a peneral meeting of tb<j Commercial Banking Ootnpany a dividend of 8 par cent. per annum was declared, and £14,400 was carried forward, in' addition* to £160,000 paid on the oalled-np oapUaL dne to date, aod a farther aura of £167.000 pad is anticipation of future dates. . The chairman, speaking with regard to this latter faot, said it was a striking commeat oil the criticisms of some financial writer's who ndsertecl that the Australian Bank shareholders would be wnable to meet their calls. ' He pointed out that during the last half year the company bad released the wnole of the deferred deposits payable iti Lontlaa and maturing between 1393 and 1903, an Well as a considerable portion of colonial deferred deposits, thus i-ediiclng their indebtedness under this head by about two millions. TORNED tTP SA.FHLY. • The coasting schooner Philip Palfrey bag turned up safely. A DOMKSTIO TRAQKDY. Hoba*t, January 25. A tragedy is reported from Pattersoaia, near Lauricest6n. Mrs Wilson, wife ef an engineer, was fonnd dead in her garden with a ballet through he* head. 'Heir hucbuad ia missing, a«d it is believed he shot his wife and then committed Buicide. - His disappearance cannot be accounted for in any othe* way; • - > ' ■ • ■• VIOTORrAN POLtTIOS. ' ;■' MELBOTXKtffI. Jrtntiary 25. ; The Legislative] AmtMy has concluded its business. Mr Hancock nioved the adjonrntnent of the Souse in order to debate a scheme for th* release of tha current acconnJ belooging to' depaaltofs, fnOnicipalitiea, societies, and, other corporate bodies, with li view to givifig employment to the starving thousands. He proposed to borrow air millions at 4 per cent, in* return getting 3 per cent from depositors and il per csnt. from the banta. The Premier considered it too late for the Gavornniect'to interfere, and said the proposal wottld do fflore harm than good. The motloa was negativfld, and the House atitborisod the issue of a quarter of a million of Treasury bills in anticipation of the income tax. The Treasurer aaid he did not anticipate that it woulil be necessary to go catside of the' colony fAr tSer moaey; The Legislative ConticU- passed the Salary Reduction Bill; bat "rejscted the Primaga Daties Abolition Bill by 14 to; i.