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REMINISCENT OF HAIiD TIMES. SYDNEY, Jan. 29. Received 30th, 1.13 a:m. The report at tho half-yearly xneet- . ing of the Joint Stock Bank showed , profits of £76,631. After providing | interest on fixed deposits and de--3 posit stock £1166 ia left to be car- ( ried forward. On Ist inst. the bank t paid off £,260,000 of f&ed deposits. 5 The current business is satisfactory t and improving. The chairman statj ed that as the reserves were insuffici- » ent to cover the losses of the old t bank, which he believed to be irre- _ trievable and unrepresented by avail- . able assets, tho directors would snibT mit to a subsequent special meeting a _ proposal to write down the capital of _ the -bank. WHAT THEY WOULD H'AViE. In connection with the strikes in Northern Extended and other Nowi castle district mines: the 00111017 Proa prietors Association has refused tho - request of tho Miners' Federation for a a conference with a view of the prpi prietors granting an increase of tho e hewing rate as settled by the Arbitration XJourt au_ also that both p,ar-

ties approach the Court with the object of having the award revised. Tho proprietors refused on the ground that the Miners' Federation initiated the action which resulted in the disputed award and that alword did not provide for a conference in case of any dispute. SOME REGARD FOR HIMSELF. MELBOURNE, Jan. 29. Lord Tsorthcote's first levee was very largely attended. He is suffering from rheumatism of the arm and was unable to shake hands- with his guests.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19040130.2.36

Bibliographic details

Southland Times, Issue 19264, 30 January 1904, Page 3

Word Count
258

Latest. Southland Times, Issue 19264, 30 January 1904, Page 3

Latest. Southland Times, Issue 19264, 30 January 1904, Page 3