CABLEGRAMS AND WIRELESS

Greymouth Evening Star, 22 December 1934, Page 7

CABLEGRAMS AND WIRELESS

BRITAIN AND PERU. (Press Assn.—Copyright.) RUGBY, December 20. Formal negotiations between the British and Peruvian Governments for a commercial agreement have begun in London. Detailed discussions begin early in the New Year. In each of the last two years, the United Kingdom had an adverse balance of trade with Peru of over three million sterling. BRITAIN’S BRIDGES. x RUGBY, December 20. It was announced in the Commons, that additional provision of £500,000 will be made available out of the Road Fund for grants to schemes for reconstruction of weak bridges and other urgent improvements, with which highway authorities are ready to proceed immediately. The grants, at the rate of 75 per cent towards 25 bridge schemes, to cost about £400,000, are being issued at once. “These are additional to about 80 schemes for reconstruction of weak bridges or replacing level crossings, at a total cost of £670,000, which the Transport Minister has already approved. AUSTRIAN LOAN. RUGBY', December 21.

The lists for conversion applications for the Austrian Government 4| per cent, guaranteed conversion loan amounting to £10,163,900, closed yesterday. The newspapers state the operation was a complete success. The loan is the first of the post-war reconstruction loans issued under the auspices of the League of Nations. It was an international operation, separate issues being made in several countries. JAPANESE TRADE TOKIO, December 21. Imports totalled 2,077 millions yen and exports 2081 milions showing that 1934 was the greatest year on record for Japanese trade. WHEAT ESTIMATES. WASHINGTON, December 21. Despite the largest acreage having been planted since 1931, the winter wheat yield for 1935 is estimated by the Department of Commerce at 475 million bushels, an increase of seventy five million bushels over 1934, but 157 millions below the 1927-31 average. BUENOS AIRES, December 20. The first official crop forecast in the 1934-35 season fixed the wheat crop at 6,860,000 tons. CHINESE BOATS. HONG KONG, December 21. The China Coast Officers’ Guild is calling out on December 29, its members who are employed on the Chinese owned coastal river vessels, which are not observing the recognised scale of wages. Some forty British officers on twelve ships are so far involved. Some Chinese companies are paying foreign officers absurdly low rates, captains receiving a girl stenographer’s wage. Entertainments