GENERAL CABLES.

Hokitika Guardian, 15 December 1920, Page 2

GENERAL CABLES.

A USTKALIA.N it N.Z. CABLE ASSOCIATION J ARMY ESTIMATES. LONDON, Dec. 13. The Army Supplementary estimates show a further £39,750,000 is required, whereof sixteen millions are for the Middle East, ten and a half for an increased army, and higher costj and eighteen for charges arising out of the war. Hon W. Churchill explains that it had-been necessary owing to the disturbed state of the world, to continue recruiting an army, of 236",000 instead of 214,000. The disturbed conditions on Ireland entailed an additional expense -* of about £1,500,000. The most important of the late war charges is the Indian Government’s claim for ten millions on adjustments account for stores and supplies.

LONDON ADOPTS VERDUN! LONDON, Dec 13. The Committee of the League of Help has decided that London adopt 'Verdun. NAVAL ENQUIRY. LONDON, Dec 13. Hon Lloyd George in the Commons announced the Committee on Imperial Defence was beginning an investigation of future needs of the Navy as regards capital ships. A PRE-AVAR ALLIANCE. PARIS, December 13. “Le Matin” publishes a telegram between King Constantine and the exKaiser with the ex-Kaiser’s marginal notes instructing that Constantine bo informed that Germany has conclude! an alliance with Bulgaria and Turkey, and tinless Greece did the same forthwith, she would be regarded as Ger--many’s enemy. The telegrams were dated early in August, 1914. , . BILLIARDS. LONDON, Dec 13. In the amateur billiards championship, in the first session Hooper (Australia) beat Ciiristey 500 to 130.

(Received This Day at 8.30 a.m.) LONDON, Dec 14

Hooper seemed to tire towards the end, possibly duo to the after effects of influenza. Christey is not the player ho was when champion. The real test will be when Hooper meets Fry, Vho is in fine form latterly, providing a fine game. Hooper recently scored 430 in four breaks. The “Sportsman” says Hooper is far above the ordinary standard of amateur form and showed real confidence with ivory balls. He mastered the big handicap surprisingly well.

PRICE OF WOOL. ' (Received This Day at 9.45 a.m.) IjONDON, December 14. Yorkshire newspapers continue •to criticise the wool realisation proposal. Til® Yorkshire “Post” says the Australian suggestion to have sold hack two million bales at considerably lower price than was paid to them, in order solely for their own interests in an attempt to corner the wool market, is regarded as anything but a modest proposal.; Wool traders here hope that in future our wool textiles industries will not be jeopardised merely to enable the wool growers of Australia to maintain the price of their raw material on a preferential basis, compared with values at other sources of production. Australians who sold their wool must abide by their contract. Other traders are sustaining heavy losses because values have moved towards a reasonable basis. The woolgrowers of Australia have been paid a flat rate at which they were glad to sell during hostilities. .It is only reasonable that they should not help to restore confidence in the revival' of business by letting the wool find an economic basis.