CABLE BREVITIES

Hawke's Bay Herald-Tribune, Volume 81, Issue 58, 1 December 1937, Page 6

CABLE BREVIT1ES

|Bx .Telegraph-Press Assn.-Cori'i'ieililJ Shipping Expenses LONDON.— The City editos of The Times says that no one who read L'ord Graigmyle's warnings could have expected any important increase in the earnings of the P. and O. SKipping Co. Espenses have risen materially and are still advancing seriously. Obviously participation by tbe company in the be^ter conditions. of the past year could. only. be limited, as liners do not partieipate in .higber frgight rates as soon as tramps. The difectors would have liked to increase the dividend, but 'were wise to resis^ the temptation to depart from the sound policy of strengthening the company's resources, which unquestionably serves the real inter/sts of all the shareholders. Typhoid Outlireak JiUGBY : l'tie number of typhoid cases reported at Croydon at the weekend showed a lurther decline, Dut another death ' occurred. — Nritish Official Wireless. Wool Prices Harden BR1SBANE: At the wool saies yesterday 50 per cent. of the offerinjg was sodl, prices showing a distinct hardening tendency. International Tennis MELBOURNE : Crawford and JMo Grath have been selected to represent Australia against the visiting German tennis players at Brisbane on December 17 and 18. Quist and Bromwich will play against the Americans at Sydnev on December 16, 17 and 18. Austrian Ministers RIJGBY : Dr. iNeumayer (Austrian Finance Minister) and Dr. Kienbock (president of the Austrian National Bank) have arrived in London on a short visit. Their engagements include a dinner by Sir Robert Kindersedey, the well-known banker, and a luncheon by Sir John Simon, Chancellor of the Exchequer.— British Official Wireless. New Tankers RUGBY : The Anglo-Saxon Petroleum Conipany bas ordered eight new tankers of the latest type, with superoharged Diesel engines, representing a total expenditure of £2,280,000.— British Official Wireless. World Cycling Record MILAN ; A French cyclist, Sauveur du Cazeau, broke the world' s record for ,60 kilometres by covering the distance in 1 hour 27 minutes 20 2-5 seconds. Exhibition Reopened RUGBY: The British Government has decided it is. not possible to accept Franee's invitation to continue United Jiingdom participation in the reopened Paris Exhibition in lOaS.— British Official Wireless. Airwoman Dies • PARIS. — The- death of Mademoiselle Suzanne Deutsche de la Meurthe/the famous airwoman, has occurred. Tbe Deutsche de la Meurthe prize was named after her. Indian Scouts NEW DELHI. — The Indian Boy Scouts have decided to delete the reference to the King-Emperor from the Scout promise. Their association will break away from Lord Baderi Powell's movement. Boxer's Fractured Arm LONDON.^ — In a bout which was staged before the Strickland-Delaney contest, Phil Zwick, the Ameriean featherweight, fought five of eight rounds against Jimmy Vaughan with a fractured left arm, After losing on poiflts, Zwielt, collapsed in his dress-ing-room and was taken to hospital. British Tobacco Co. SYDNEY. — The British Tobacco Company's net profit for the year is £911,386, compared with £667,761 in thHprevious year. By a final distribution of 2 per cent., the dividend for the year ended October 31 inereases to 10 per cent., compared with 7 per cent. in the previous year. Ten per cent. on the or-' dinary shares absorbs £813,446, and 6| per cent. on the preference shares £96,507. The amouxit carricd forward