AUSTRALIAN.
A CbiitALl AN AND N.2. CAULK ASSOCIATION. FINANCE ASSOCIATION. i Received This Day ..t 3 39 a.m.) SYDNEY, Jan ;4. Shareholders of the Finance Association refused to ratify tho amalgamation scheme cabled on Dee. 23rd and instead have decided to invite tenders for the purchase of the business, whereupon the Co-operative Wool Company withdrew from all negotiations. It is understood the business has been secured by the New Zealand Loan and Mercantile Agency Co. Ltd.
WORK RESUMED. {Received This Day at 8.30 a.m.) SYDNEY, Jan 4. Most of the engineering establishments have resumed, Clyde bring the exception. The foremen of staff and employees of office work have given a month’s notice.
Work was resumed yesterday on all coalfields.
Voting on the nine day fortnight commences next week. The defeat of the proposal is anticipated.
STORM ABATES. SYDNEY, Jan 4. The storm has considerably abated though more heavy rain and rough seas is anticipated. NAVIGATION ACT. SYDNEY, Jan 4.
The Department of Navigation has issued regulations modifying the provisions of the Navigation Act Section requiring vessels over fifteen tons to carry one to three boys. This has been altered to vessels of over three thousand tons trading exclusively on the coast. Oversea' vessels still carry the original number.
The German Australian Steamship Company proposed to resume service to Australia immediately the embargo against German trade is removed. During the year 394 bankruptcy petitions were filed as
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Hokitika Guardian, 4 January 1922, Page 2
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236AUSTRALIAN. Hokitika Guardian, 4 January 1922, Page 2
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