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AUSTRALIAN NEWS

Press Association—By Telegraph—Copyright. ADELAIDE, December 10. The estate of the late John Darling is valued at £1,694,620 gross. PERTH, December 10. The official pre-harvest wheat estimate is 3,272,000 bushels, the average per acre being 2£ bushels. MELBOURNE, December 10. A deputation representing picture-show Interests protested against the increased duty on films, which, it was alleged, amounted to 50 per cent. Mr Tudor, in promising consideration, said the intention was to impose an increase of 25 per cent. The State Ministry have arranged to secure 1,000,000 bushels of seed wheat. They anticipate an increase of 4,000,000 acres (? 400,000), offering a yield of 5,000,000 bushels of grain. The no-confidence motion tabled by Mr Elmslie, Leader of the Opposition, was defeated by 53 votes to 20. Sir A. J. Peacock (Premier and Treasurer), in his War Budget speech forecasted a deficit of £1,000,000, which he proposes to cover by additional Income Tax and Stamp Duties from 1915 to 1919, and the issue of Treasury bonds. Sir A. Peacock stated that last year’s revenue was £10,572,812, and the expenditure £10,602,649. There will be no new taxation this year, but it is proposed to issue Treasury bonds, to be redeemed by an additional Income Tax and Stamp Duties. SYDNEY, December 10. There is much outer}- against the new tariff. Business men freely admit that they are passing the increases on- to the consumer.

The farmers are rushing large quantities of wheat across the Murray to secure the higher prices offered in Victoria. One outcome of the war is a considerable increase in vacant houses in Sydney and suburbs. Though the value of property keeps up, business is slow. A proclamation has been issued prohibiting an increase in-the price of drinks and tobacco. The Government are considering a scheme submitted from San Francisco for the establishment of a co-operative colony of American citizens in New South Wales East. The bowling tournament has been abandoned, and the Australian swimming championships will probably be postponed. All sections of tne coal industry were represented at a special meeting of the Commodities Committee. The inquiry originated through the inability of the gas companies to procure Maitland coal, owing to the strike necessitating the purchase of Jess suitable coal at an increased price. The Commission are considering the advisability of placing _ New South Wales on an equal footing with outsiders, giving the State a preferential option over its own coal. BRISBANE, December 10. The Queensland sugar crop for the current season is officially estiimated at 225,252 tons, being a decrease of 17,586 tons.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19141211.2.65

Bibliographic details

AUSTRALIAN NEWS, Issue 15673, 11 December 1914

Word Count
424

AUSTRALIAN NEWS Issue 15673, 11 December 1914

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