AUSTRALIAN NEWS.

Oamaru Mail, Volume XXXVI, Issue 10064, 4 February 1909, Page 3

AUSTRALIAN NEWS.

I [Br Eiscmc Telegraph.—Cop-ruicm:-} I (Pi* Pkess Association.! I Siceind February 4. at 10.4 a.m. I "Sydney, February 4. ' Tie .Uarama, which touched a submuaeii obstruction at .the Bluff. was fated into the dock for inspection. It nm ascertained that she sustained no jamagti. The Federal Arbitration. Lourt commeucsd the inquirv at Broken Hill into the dispute between the Proprietary mine aiuE the men- . The Treasurer in a speech at Grafton complained that New Zealand arid other States v.'Hi'i- exploiting the market by se>.in" their stocks np to 4 jwr cent. ihe Government had not increa--ed the rate of interest p.ii.l on stock issued by tne Trearary, musing that it was. <.t vital imoortance to trailers arul others to r.eeo interest Kites low. If the neishbirmGovernment.- continued to exploit the market l>v in rates of interest the Government muht forced in selfdefence to raise ite rates. Arrived—[.ord Derby. from Wellington. Received November 4. at 1.55 p.m. Svdnev. Fehriuiry 4. Uni heat Squires for the bo.-rm- championship of Australia in the seventeenth round.