FALLING PRICES

Dominion, Volume 14, Issue 60, 4 December 1920, Page 9

FALLING PRICES

RELIEF FOR FARMERS

WILSON MAY SUGGEST LEAGUE AS

PROPER WAY

Bjr Ttltcr&ota—Fr«>i Aijoolatlon—OopjrlfM (liec. December 3, 8.20 p.m.) Washington, December 2. It is learned from Administration quarters that President Wilson, in a message to Consießs, may suggest the adoption of the League of Nations us the proper ivuy to relieve t'ho conditions confronting farmers us a result of I.iie fallins prices.— Aus.-N.Z. Cable Awn.

CARBONISING COMPANY'S LOSSES

ITAILHEE IHiE TO WAK AND TIN AN-

CTAL, STEIGENCY. (ttec. December 3, 7-50 p.m.)

London, December Z. At a meeting o[ shareholders in Wet (•arbouising, Limited, it was decided 1 lo liquidate. Mr. Gerald Balfour stated that the liabilities amounted to Ji372,000. The immediate assets were practically nil. The company owed tho Government jE2OO.OUO. The directors and their families had invested .£105,000 in tho company. The failure was duo to the war and financial stringency.—Aus.-N.Z. Cable Assn.

[Tho company was formed in 1912 to utilise Scottish peat for fuel purposes.]

PRICES IN NEW SOUTH WALES NO KEDUCTION IN BTJTTEB.

Sydney, December 3. riio Commodities Commission has increased the price of lime by ten shilling* a ton. It was declined' to reduco the price of butter, on the grounds that dairymen would be insufficiently aeeompensed for their labour nnd nlso that the dairying industry is going backward.— Press Assn.

CARRYING INDUSTRY KILLED BY LABOUR DEMANDS. Adelaide, December 3. I lie directors of the largo and old-es-tablished carrying firm of Graves, Hill and Company are asking the shareholders to sanction the liquidation of the company on the ground that the extravaF'?, 1 ) demands on behalf of Labour have tilled the company's industry and made , to Mrn a return oil the shareholders money.—Press Assn.