AUSTRALIAN NEWS.

Taranaki Daily News, 19 March 1920, Page 6

AUSTRALIAN NEWS.

ARBITRATION IN DISPUTES. By TeleEraph.-Press Assn.-Ccpyrl*ht. ™ ™ , s y d ney» March 18. The Chambers of Commerce Conference passed a motion in favor of holding a conference with .representatives of other organisations, including T jabor to discuss Mr. Braddon's arbitration proposals. A further motion was carried urging the Commonwealth Government to call a convention of employers and employees to amend the Arbitration Ae> by appointing assessors with expert knowledge of the industry affected by the dispute to co-operate with the judge m the adjudication and require both parties to the award to deposit bonds to (■n.-ure its observance. Another resolution called on the Federal Government to decontrol the sugar industry, and remove all export prohibitions.—Aus.-N.Z Cahle Assn. THE PRICE OF BUTTER. Melbourne, March 18 The prices of Trotter have been increased to 219s 4d first grade, 214s 3d second, and 210s third grade. A STRIKE SETTLED. Melbourne, March IS. Mr. Hughes announces that the Government lias reached a temporarr agreement with the Colonial Wool Combing Company, and work is being resumed this mo'ning. PICTURE THEATRE COMBINE. Sydney, March IS. An amalgamation has been effected between the leading picture companies involving „- capital of three million". It U p:oprrod to erect picture theatres in all the State capitals. THE QUEENSLAND SAVINGS BANK. Sydney, March IS. Mr. Theodore has announced that the Queensland Government Savings Bankis amalgamating with the Commonwealth Savings Rank. COLONIAL SUGAR COMPANY. Sydney, March IS. A general meeting of shareholders in Ihe Colonial Sugar Company unanimously approved of the proposal for the distribution of debentures. The board advised that £050,000 worth of debentures be divided among the shareholders as a return of a part, of the paid-up capital of the company. The division will be at the rate of £4 for each £2O share.