AUSTRALIAN NEWS

Hokitika Guardian, 29 August 1924, Page 3

AUSTRALIAN NEWS

[by TELEGRAM —I-KR MESS ASSOCIATION-.] VICTORIAN FLOODS. MKI.BOFRNK, Aug. 20. "I"he Hood Inis begun to subside, though a heavy body ol water is still to come down the Yarra. Alanv settlers in the Kooweerup distrat were compelled to leave their homes. Some that were marooned

were rescued by boats. Ihe water Hooded the lower rooms ot the hospital and the patients wore hurriedly removed to the Royal Hotel. AIMLROriiXE. Aug. 28. Floods at Waugaratta washed away Henley's dam embankment, which is a mile and a-balf long. 'Y. \Yoodyard. an elderly farmer.

s ini' i!rowiu-< 1. t 1 in* flood stretched. in ;i eunti neons sin. I'ur mi• vi*ll miles. liviiiv: six fnit lll'Cp. , Tlu- rivrr m Wiieyi is tuenty-fottr t'i'i't above it- summer level. uml i, still 1 lisintr. lint lifter reaehiny; -J-'t feet at (Innilaear !k‘;;uii t.o reeeile. nrill.AßS SHOOT |)KTKC'TI\ K. ! Te.'iviveu this (lay at !t. I." 11.1110 111! [SHANK. Aiii.'. L'S. Tun bnrpdnrs were sii i]ri-ei 1 when hrenltiiie; a safe at the ('noiparno milway station by Koliee Seroeant 11 eenrtv inn! I.'emetivc .Mej.ean. When ea lleil on to sii rl'eni ler. the hurolni's hreil a revolver, duliocroiisly uoimdint' Detective .McKean in the ahdoliieii. Until the hurt'lars then escaped. HANK OK KOKI'S. KFKKCT OK AN oITfON 01-AI'SK. fHoroirod this day at lO.L’A a. 111.) SVDXI'.Y. Aneitst lid. Credits uliieh have heen issued hy the A listi'iilian ha 11 Us in London on hanks in Australia, to Hritisli and for--I■i ell "oo| buyers, eontain 1111 option clause uliieh retains for the hanks the riiilit to licentiate. if they so desire, an amount less than the full amount of credit. If put into e fleet this would he a rationing of eiedit. It i.s reported in Wool eireles that the option clause is heine put- into operation and action is labile taken heeause the hanks have not Slid ceded in eniiviliein.o the Notes Hoard that additional notes should In' issued, or if issued, that they should he lent on reasonable terms. If relief is not eivcn. the fact that there will he less money available for

purilia'ine; \'ill have an easiiw on wool print's ami lliis will |: r<►?ia 1 »l.v result in a limitation of I lie oUVrino. X.Z. IMvKXI’OKTS nil.!.. SYDXKY. All o i i.s i •_'!(. liir Small- Trail a t lord tilllr tin- : Nnv Zealand lie-exports Hill. I’HOIM'OK I'KICKS. I Mi:i/f!ori!\i:-. An-usi -jii. Oats Alilliur ‘is in As (ill; (fi.n'il i •Is. :ls Id. Harley KiielMi Is .Mil. -Is (ill; Cape .‘is Til. Ms 11,1. Potatoes £•_* 10s. £.'(. Onions- Oil. £lO As. Midi's arr linn and nnallrri'd. I'xrrp. linn (hose without Mih.xlanre uhirli air a shade easier. I