LATE TELEGRAMS

Dunstan Times, Issue 3141, 30 October 1922, Page 5

LATE TELEGRAMS

In announcing to Parliament on Saturday that the associated banks in New Zealand had agreed to reduce the rate of interest by one half per cent from first January next making the rate 62 per cent Mr Massey expressed the opinion that when New Zealand went on to London market for its next short dated loan in about five months time the loan would be issued at 4! per centHe [added that our farmers needed cheaper money. ""Invercargill Liberals being dissatisfied with Mr Hanan have requisitioned Sir Joseph' Ward to consent to nomination- Sir Joseph has promised to visit Invercargill on Tuesday to confer with the Liberals before finally giving an answerForty eight hours steady rain fell in North Otago at the week end, to the great relief of the farming communityThe general election has been definitely fixed for Thursday, December 7th- The session is expected to close this evenmg. The Otago Hunt Club results: Hunters Hurdle, Claverhouse I, Prize Rose 2- Jockey Club Handicap, Incursio I, Ravenna 2. Cup, Ruddy Gold I- Kennells Handicap, Steasel I, Sweet Memory 2. Wingatui Trot, Coldwater I, Jack Arrah 2- Maiden Steeplechase Aycliffe I, Skylark 2. Handicap Loughrea I, Adjutor 2. Hunters Flat I, Proceedor I, Rapid River