AUSTRALIAN NEWS
(Australian Press Association)
(Received this day at 8.30- a.m.) SYDNEY, August 30.
The probability of an increase in the bank rate is indicated in tile half-year-ly report of the Commonwealth bank. 1 The report refers to the unsettled condition of the American money market and then emphasizes that although the bank rate remains at five and a half per cent, in London opinion is speculating upon the possibility of a hardening rather than a reduction of tho bank rate, which the report states is hound to luiVe some reflection in Aus tralia.
OBITUARY
SYDNEY, August 30.
Obituary—Rev. John Burgess, one of the most prominent Ministers of tho Presbyterian church in Australia, aged seventy four.
PRESS UNION CHAIRMAN
SYDNEY, August 30,
xheodore Fink (Chairman df Directors of the Herald and Weekly Times Melbourne) has been elected chairman of the Australian section of the Empire Press Union.
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Hokitika Guardian, 30 August 1929, Page 6
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147AUSTRALIAN NEWS Hokitika Guardian, 30 August 1929, Page 6
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