AUSTRALIAN NEWS.

Stratford Evening Post, Volume XXXI, Issue 74, 10 November 1911, Page 5

AUSTRALIAN NEWS.

REDEEMING FUNDED STOCK

(Received 10, 8.50 a.m.) Sydney, November 10

r i']ie State Government intends to redeem on January 7th next £2,549,000 worth of funded stock, carrying 1 per cent. Holders will have an opportunity of reinvesting at 3;J per cent.

TAVIUNI-NERA COLLISION

Sydney, November 9

The Lieutenant-Governor has ordered the re-hearing pf tho Tavhmi-Nera ppl listen taso.) ',, CO-OPERATIVE INSURANCE' CO. E l . ' Sydrifly,’November 9.

At the statutory meeting of the CoAssurance. Company, the cnaiViftan* Isaid that since preliminary d'iilictdtib's '\v‘ere' oycfcomb, bvery;- reasonable progress had been made, and departments were already opened. He emphasised the, nepessity -of. opening-, a business in Ne\4 Zeijdanjd at pie'ear-j iiest moment. REPORTED DERELICT. * i • Sydney, November 9. Tho trawler Endeavour has been despatched in search of the reported derelict , ii* x POLAR EXPLORATION. (Received 10, 10.45 a.m.) Sydney, November. 10; - Tp.c Japanese Antarctic expeditiojj is preparing to ..leave. Sydney, on a new ” venture- polewards on tire 20th. •The-, vessel' is better fitted, .and ,supplichH null nior-4: Ample' -stores than cm-T-hp ' first Slie'carries a •number of dogs. \ ' wood sales: • ' • Sydney, November 10. Greasy wool,,sold at Told—a record for tho seasoriA?'. vHobart, November 10. Tho Presbyterian General Assembly agreed to the proposal for union with \ ictoria.

MOUNT LYELL MINE

Hobart, November 10

Tlic Lyell conference resumed today. JV was stated that there was good ground to hope that a settlement would he reached.

Melbourne, November 10. The report of the Mount Lyell Company for the half-year endeci September. 00th, shows net profits of £60,033. ri: 3 lower, profits wtro_ caused principally through a reduction of the output owing to the strike l and the increased cost of production. The liquid assets show a surplus of £388,892 oyer liabilities; the ore reserves show a good increase. Exploration work lias proved encouraging.

SUGAR COMMISSION

Brisbane, November 10

Before the Sugar Commission, a witness urged that a number of aliens employed in the industry should bo got rid of. When it was pointed out that this meant deportation or starvation, and would be inhuman, he replied: “On the racial question we arc likolv to become inhuman. Adelaide, November 10.

The final report of the Commission on electoral claims states that the evidence disclosed gross irregularities—in some cases the forgery of.names. The rQport recommends the removal oi a number ot Justices of the Peace from the roll.