GENERAL CABLES

Hokitika Guardian, 28 January 1931, Page 5

GENERAL CABLES

ALARMISTS REPORTS

AYOOL PRESIDENT OPTIMISTIC

(.United Press Association—By Electric Telegraph—Copyright. J (Received this dav at 1.30 p.mA PARIS, Jan. 27.

Deprecating the alarmist reports about the wool industry, Eugene Alathuu. president of the Central Wool Committee, describes the prices recently registered as an episode not a collapse. lie said “it is with well lounded optimism .1 envisage further. Aly long experience has shown many times that the fall of wool to certain price levels tends, of itself, to redress the situation.”

FLIGHT TO AUSTRALIA

LONDON, January 27

G. Fairbairn, a Cambridge underis planning to start on a flight to Australia before the end of February, probably alone, in a light aeroplane of the Gypsy type. He will attempt to lower the record.

SHIPBUILDING

ANNUAL SUAIAIARY

LONDON, January 27

Lloyds annual summary of the mercantile ship-building ill 1930 shows 1,084 vessels were launched, a total tonnage of 2,889.472 tons, of which 1,478,663 tons was from Great Britain and Ireland. The output of these countries represents 51,2% of the total compared with 54.5% in 1929. The United States output" is 246,687 tons. Germany 245,557 tons; Holland 153.072 tons; Japan 151,272 tons; Denmark 137,230 tons; Sweden 131,781 tons; France 100,917 tons; Italy 87,709 tons.

No figures are available from Russia

119 tankers of 890.000 tons were launched, of which seventy-seven were built in Britain and Ireland, less than a quarter of the world tonnage in 1930 exclusively dependent on coal.

WOOL SALES. this day at 1.5 p.rn.) LONDON, January 27. The wool sales close on the fifth of February instead of the eleventh. SHEARING TROUBLE SEETHING WITH EXCITEMENT. BRISBANE. January 28.

A Blackball message states the town is seething with excitement. Both graziers and shearers have assembled in large numbers. It is understood all the pickets have been called into town and important developments are expected ,

IN THE COMMONS

LONDON. January 27

In tiio House of Commons, Mr AY. Graham refused to accept Mr Cunliffe Lister’s suggestion to give the House an opportunity for reconsidering the decision taken m differing circumstances to ratify the tariff convention and refused to consult the Dominions before going further in the matter. He said he had already fully explained the convention to the Dominions.

AIRMAN’S FATAL FALL

STOCKHOLM, January 27

Obituary. —Captain Kin«r Lundborg, the saviour of Nobile and his companions in 1928. Lundborg succumbed to a broken thigh, ribs, arm, nose and concussion of brain, due to 150 feet fall when an aeroplane in which ho was test flying, crashed.

MOB ATTACKS POLICE

FIVE RIOTERS KILLED

DELHI, January 27

Five rioters were killed and eight wounded when the police were compelled to fire on a inob of ten thousand at Begusari in North Aloughyr Bihar.

The mob attacked the police after the arrests of the leaders in the Independence Day procession. Jinee officers and six constables received serious bead injuries. The situation is quite. ________