BRITISH & FOREIGN ITEMS
AUSTRALIAN AND N.Z. CABLE ASSOCIATION. german ships combine. (Received This Day at 11.30 a.m.) BERLIN, May 12 Negotiations have been satisfactorily concluded for the fusion of Ivosmos Steamship Coy., Hamburg and the German Australian Coy. A common management will be established The tonwill be pooled and profits equally The object of the fusion is to prevent competition. The Ivosmos Coj. has resumed its South African service.
COMMERCIAL. (Received This Day at 11.30) a.m.} LONDON, May 12 Colonial butter is still neglected. Danish is slightly firmer, 194 s to 1965, as its arrival is reduced, a fair quantity noing to Germany. Cheese is in fair demand. White-New Zealand 138 s to 140 s, Australian 1365, coloured New Zealand 156 s to loßs, Australian 1545. . Wheat is dull and inactive. I'lour is quiet, Australian spot 66s to 6<s ex Bt< Oats are rather easier, Australian ex quay 30s. Barley is quiet, Australian not offering. Peas and beans are quiet and unchanged. Sugar is weak, gran - lated 6s.
ANTI-DUMPING. (Received This Day at 9.45 a.m.) LONDON, May ~12. Durincr the debate on anti-duhiping resolutions cabled on March 30th, the Commons by' 152 votes to 37 respected Mr Trevellyan Thompson’s amendment, exempting from duty manufactures from the Dominions, having declined to accept Mr Trevellyan Thompson’s amendment on the grounds that dumped goods might be sent to the Dominions for re-export here.
The anti-dumping resolutions were carried at 4.30. in the morning by 118 to 36, after the closure; Mr Hilton Young replying to Mr Wedgegrood, said that British receipts from the levy on German exports since 2nd. April amounted to nine thousand sterling.
APPLES STORAGE. (Received This Day at 9.45 a.m ) LONDON, May 12. The Food Investigation Board is enquiring into Franklin Bidd’s invention for the storage of apples by means of self-generated gas, which lie claims is cheaper and equally effective than cold storage.
A DENIAL. LONDON, May 10. Bradbv’s resignation or intended rosigntion is officially denied.
WHEAT AND RYE. (Received This Day at 9.45 a.m.) ROME, May 12. The International Agricultural Institute estimated the world supplies of wheat any rye will be sufficient to meet the requirements of all the next harvest, and leave a balance on-August Ist of at least six and a half million quarters. * THE UNEMPLOYED. ENORMOUS FIGURES. (Received this day at 1.30 p.m.) LONDON, May 12. The coal situation is generally unchanged, awaiting to-morrow’s conference. Meanwhile (be Associated Society of Locomotive Engineers have come to a grave decision, ordering seventy thousand of their men to refuse to handle imported coal, without even awaiting to-morrow’s meeting. The National Union of Railwaymen and Transporters, apart from 1,077,000 on short time, have 1,920,000 wholly unemployed, drawing unemployment pay, of whom 1313 thousand are men, 78 thousand boys, 459 thousand women, and 67 thousand girls. Some iron and steel works are closing down.
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Hokitika Guardian, 13 May 1921, Page 3
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474BRITISH & FOREIGN ITEMS Hokitika Guardian, 13 May 1921, Page 3
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