BRITISH & FOREIGN.

Poverty Bay Herald, Volume XXXIV, Issue 10964, 6 May 1907, Page 3

BRITISH & FOREIGN.

(Press Assn.— By Telegraph.— Copyright.) 3 LONDON, May 4. Renter's Paris correspondent states that tho German Minister at Teheran has secured a contention establishing a German bank. An attempt by France m the same direction m 1906 was overruled by Russia on the grounds that the Russian Bank of Persia would meet all men_s(Received May 6, 7.3£ a.m.) LONDON, May 5. Mr Bent, Premier of Victoria, is closely inspecting the arrival, landing, and distribution of Victorian produce. He is also consulting with bankers, financiers, and others m commercial circles relative to the question of taking over State debts. He believes by the AgencyGeneral undertaking the inscription of loans it would effect a saving of five or six thousand pounds yearly. Mr Bent was present at the opening of the Balkan States Exhibition at Earl's Court. The Woolwich workmen are petitioning and sending a deputation to King Edward against their continued discbarge. Germany is paying some of the men discharged from Woolwich wages of £6 weekly. The London Bank of Australia realised j a profit during the past year of £99,659. **v A dividend of 5_ on preference and 2_ Ser centum on ordinary shares has been eclared, £10,000 placed to reserve, and £23,907 carried forward. The transferable deposits amounted to £942,227, other deposits £3,291,000, cash and investments £1,57*6,000, bills, advanoes, etc., £3,757,000. Messrs D-alg^y an d Company declared a dividend of 3s a share. The Morning Post declares that Chantry bequest has acquired few things to equal the marble group, the Earth and the Elements, by Bertram Mackennal, the Australian sculptor. It secured an exquisite achievement for a paltry sum of PIETERMARITZBURG, May 5. The steamer Atlantic has left Durban, having on board 458 Australians, who are being repatriated. f CALCUTTA. May 5. The Rawalpindi riots were the outcome of the British trade boycott. Public meet- ' ings of Hindus against British were held at many towns, also rival meetings of respectable Hindus and Moslems to dissoci- \ ate themselves with the agitation. £ MADRID. May 4. k Tlie children at the Royal Palace at L Madrid are suffering from mcasle**.