CABLE NEWS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9363, 4 February 1909, Page 5

CABLE NEWS.

SECOND EDITION.

United Press Association—By Electric Telegraph—Copyright. Received February, 4 11.58 p.m. ] London, February 3. Lord Rayleigh’s co-operative farming scheme in Esses has yielded the labourers a 4 per cent investment. x\ustraliau March-April “wheat sold at 375, Adelaide January 37s l^d. The United Wireless Telegraph Company is establishing four high power stations on the Pacific Coast to transmit telegrams direct to the Atlantic Coast, also 250 stations in the United States for ,intermediate services. A team of Transvaalers is coming to Bisley and will pay one half their own expenses. Calcutta, February 8. The authors of the Midnapore bomb outrage have been sentenced to from seven to 10 years’ deportation. Sydney, February 4. The Federal Arbitration Court has commenced .'the inquiry at Broken Hill into the dispute between the Proprietary mine and the men. The Federal Treasurer, in a speech at Gralton, complained that JSew Zealand and other States were exploiting the market by selling their stocks up to 4 per cent. Government had. not increased the rate of internet paid on' stock issued by the Treasurer realising the vital importance to traders and others of keeping interest rates low. If neighbouring Governments continued to exploit the market by outbidding in rates of interest the Commonwealth Government may be forced in self defence to raise the rate.