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General News

Forecast Recent speculation about the possibility of the United Kingdom bank rate being raised again seen>; to have ’ been answered by the latest quarterly bulletin of the Bank of England. This says: ‘There is little reason to expect market forces to exert sustained upward pressure on interest rates in the months ■ immediately ahead.” The only ! factor that might upset this . forecast would be a large switch from gilts into equi- ■ ties, which the bulletin ' describes as “unlikely.”— . London, June 18. Cloudy And Cold I A light south-westerly ' wind all day kept temperatures cool in Christchurch yesterday. The sky was overcast, with a light drizzle at 6 a.m., and the temperature was 46 degrees. The weather cleared a little, but the sky ; remained cloudy and temper- i atures low. A maximum of : 50 degrees was recorded at i midday and that temperature remained constant all afternoon. Translators Unloaded The translation equipment i by which speeches at the International Student Conference will be heard simultaneously in English, French and Spanish through 200 sets of headphones was at the top of the Athenic’s hold and unloaded yesterday at Lyttel- ' ton. Two technicians will arrive from Denmark today and install the gear on Sunday. Translating typists arrived last evening and the 12 professional interpreters from Geneva will arrive on Saturday. The organisers expect, no hitch over the opening on Monday. Insurance Building The new Government Life Insurance office in the Square is to be opened by the Minister in charge of the office (Mr Rae) at an official function at 10 a.m., on Friday, July 17. Mr A. J. Bruen, the district manager, said yesterday that there would also be an “at home” for special guests from 4 p.m. to 6 p.m. that day. The office will have had a week to settle into its new first-floor quarters. “Not A Bad Yarn” Mary McCarthy’s book, “The Group,” was described as “not a bad sort of a yarn,” by the chairman of the Woolston Public Library (Mr J. E. Hopkins) at the library’s annual meeting last evening. “But there is no merit what-so-ever' in James Baldwin’s ’Another Country.* I think it was just pure filth.” Mr Hopkins said he spoke as an ordinary working man without many brains. Generous Gifts Donations left in the box of the foyer of the Canterbury Museum last month totalled more than £lB. This amount included two £5 notes in a single week. According to the acting director (Mr J. C. Wilson) this was a record. He told members of the Museum Trust Board yesterday that donations for the five months of this year have almost equalled those for the whole of 1963. Watersiders’ Vote Watersiders’ voting on Wednesday in the annual elections of the Auckland Waterside Workers’ Union was the highest in its history. Of the registered strength of 1750, there were 1519 who voted personally or by post. The top posts were unchanged, Mr E. Isby being re-elected president, Mr L. McMahon vice-president, Mr K. Adams secretary, Mr J. Riley bureau officer, and Mr S. D. Ritchie walking delegate. The five have held these positions for a number of years.—(P.A.)

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19640619.2.105

Bibliographic details

Press, Volume CIII, Issue 30471, 19 June 1964, Page 10

Word Count
524

General News Press, Volume CIII, Issue 30471, 19 June 1964, Page 10

General News Press, Volume CIII, Issue 30471, 19 June 1964, Page 10