AUSTRALIAN NEWS.

Hokitika Guardian, 13 April 1927, Page 3

AUSTRALIAN NEWS.

AUSTRALIAN LOAN. SYDNEY, April 12. Mr Lang says the loan just floated in New York is of twenty-five million dollars with a currency of thirty-one years at five per cent. The nett price of the new issue received by the Govi eminent is 93.5 per cent, representing an advance of .225 on the February loan. The interest on cost of the loan, including redemption in 1958 is approximately £3 8s Bd, compared with £!) 8s Vld for the February issue. The loan will be utilised for public works and services. DAMAGES FOP WIVES. SYDNEY. April 12. The jury awarded Mrs Johnston, wife of Jacob Johnston, ol the Seamen’s Union. C6O damages. Immediately the case was concluded, claim was made by Airs Walsh, wile 'of Mr Thomas Walsh, for £SOOO compensation from the same defendants. Hearing was commenced. This action also arises out of the Deportation Act proceedings, under which Thomas Walsh was arrested and detained at Garden Island. SYDNEY, April 12. A settlement has been reached hi Mrs Tom Walsh’s case, the plaintiff accepting £6O damages, and £2l medical expenses. N.Z. UNIVERSITY TEAM. - SYDNEY, Apiil 13The New Zealand Universities Rugby Union team to visit Sydney this coming season plays the first game on May 18th. against a Manly team; on the 21st. the Combined Universities’ team meets a New South Vales team, and on 25th. May, 28th. .May and Ist June the New Zealand team will play three tests against the local University. AFFECTING OPALS SYDNEY, April 13. As a result of the National Jeweller’s Association of Britain having decided to replace the opal hv aquamarine on the list, birthstoncs, the State Government fears the opal industry in New South Wales may he seriously affected. The Agent-General has been requested to try and persuade the Jewellers’ Association not to give effect to its decisions.