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THE MIDLAND RAILWAY COM PANY Ob' WESTERN AVSTliA LTA.
FEARS THAT THE LOAN WILL NOT BE FLOATED.
[From our Correspondent.]
London, June 24.
The London and Westminster Bank has advised the W. A. Government to fix the minimum of the Midland Railway loan at 95, otherwise it fears the amount required ( .£500,000) will not be floated. The Goveit ment, however, asks for 97*.
A deputation of citizens residing in the noz'fch-west portion of Perth was introduced to the Comniissionor of Railways by Mr. Molloy, M.L.A., an Saturday last, with reference to the intended change of site for the North Perth Railway Station. A peti tion signed by seventy residents set forth the request of the deputation in favour of Dyer-street as the most suitable place for the station when removed from the enclo sure which lias been eet apart for the rail way yard. The Commissioner, in reply, said he had previously informed a deputa tion that Dyer-street was more suitable than Thomas-street for the north - end station, the incline at Thomas-street being 1 in 60 as compared with the level position at Dyer-street, and the difference in dis tance being only 25 chains. He might fairly promise that the station, when re moved, would be placed at Dyer-street. The deputation thanked the Commiesioner for his favourable reply. The s.s. Saladin arrived at Fremantle at 3 o'clock on Saturday afternoon. She proceeded to Owen's Anchorage, where the live stock was landed on Sunday ; the same evening going over to the quarantine sta tion at Carnac.