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Opotiki News, Volume II, Issue 246, 13 October 1939, Page 4

commercial transaction, the object- being ,to-ensure the shipment of timber from Russia before the freezinot of “the ports at the end of October.

BRITISH CAINS TERM OF) TWO WEEKS BALANCE! OF CAPTURES ’ • LONDON, Oct. 11. A The First Lord of the Admiralty, -Mr. Winston, Churchill, .stated in the H9ll.se of Com.mans that between September 21 and October 9 Britain had lost- by submarine action 5809 tons of shipping, but had ’taken from the enemy 13,615' tons, so a baL ancc in Britain’s favour of-7805 tons. He added: “There have' s been no further losses since October 9 and during that period 50,000 toils of new shipping has come into commission, so wo are 58,000 tons better off than when 1 made the last statement.” WARFARE AT SEA 100 BO.MRS FALL FIVE-HOUR AIR. ATTACK LONDON, Oct. 11. An Admiralty communique states that the air attack against a cruiser suadron in the North Sea on Monday continued lor live hours, during which over 100 bombs were dropped, one salvo falling near enough to throw a few splinters 011 a cruiser.