GENERAL CABLES

Dominion, Volume 14, Issue 242, 7 July 1921, Page 5

GENERAL CABLES

By Telegranh—Press Association—CopyriEht

Tho Profiteering Court in Sydney has increased the wholesale price of butter a halfpenny a pound.

The Commonwealth steel steamer Echuoa of 5090 tons, has been successfully launched at Maryborough, Queensland.

The water supply of Newcastle is almost exhausted as the result of a break in a main from the reservoir. As no water is ’available for industrial purposes the steelworks are closing.

According to a message from Sydney there is no further development of thd Darling floods. The rivers are above flood stage at various pointe. Tho M‘ln. tyro reached eighteen feet above. The waters are now slowly subsiding.

The Portsmouth Industrial Court has reduced dockyard workers’ wages three fshillings in July, and anothar three shillings in September, with proportionate piece rate reductions.

A London message states that ten thousand piano workers have signed an agreement for u 47-hours’ week, and two shillings per hour for craftsmen, until the cost of living falls below 100 per cent, above the pre-war rate.

Tn tho Federal House of Representatives, Sir Joseph Cook submitted a cable menage from Fiji protesting against tho abnormal duty on bananas, and predicting the withdrawal of Lcvuka from the Fiji-Sydney trade.

New South Wales and West Australia are floating loans in London simultaneously, but not jointly, the former for three millions end the latter for two millions. Each State is issuing a separate prospectus. Tie object of the simultaneous flotation is to avoid clashing with other impending issues.