AUSTRALIAN NEWS.

Taranaki Daily News, 25 January 1919, Page 2

AUSTRALIAN NEWS.

PBICE OF WHEAT. Sydney, Jan. 24, The Federal Wheat Board lias increased the price of wheat for local consumption from 4s 9d to j>s a l)«shel. WOOL WORKS CLOSED. Sydney, Jan. 21. The colonial wool-combing works at Botany have closed down owing to a dispute between the wool committee and the company. Four hundred employees are idle.—Aus. N.Z. Cable Assoc. INFLUENZA EPIDEMIC. Melbourne, Jan. 24. Fourteen fresh cases of influenza have been admitted tq the hospital. The disease is obtaining greater virulence with each fresh infection. The doctor of quarantine states there is not sufficient evidence that the outbreak is Spanish influenza to justify declaring the State an infected area.—Aus. N.Z. Cable Association. WAR LOANS LIABILITIES. Melbourne, Jan. 24. At the Conference, Mr. Watt stated that during the current year payments for interest and sinking fund would amount to £13,030,0(10, and war pensions would absorb £5,000,000. The total of loans to be redeemed within the next ten years amounted to £200,000,000, added to which would be £190,000,000 of war loans floated in Australia to be redeemed in the same period. He proposed that the States give the Commonwealth full control of all State, and local government borrowings for three years ending 1921. —Aus. N.Z. Cable Association.