BID FOR TRADE

Gisborne Times, Volume LXXIII, Issue 11954, 26 May 1933, Page 5

BID FOR TRADE

FOREIGNERS ' FLOCK TO BRITAIN.

254 NEW INDUSTRIES SINCE 1952

-- > (British- -Official' Wireless'.,) RUGBY, May 2-2-Since November, 193 i, 254 ' new industries liavn. been*-.establish Britainby, -‘Or with-tlio.urpimancA'.df.-, foreign concerns, and it is-anticipat-ed. by. the. Board of Tradp that'/the number v of their r rqw about 11,000, will increase to over 17,--000. when the factories*- - are full cupied.

BRITAIN’S MILK. PRODUCTION. FOREIGNERS AGREE TO 20 PEP. CENT REDUCTION. (U.P.A. by Elec. Tel. Copyright) LONDON, May 24. Britain’s request to Australia and New Zealand for a milk restriction, which has been agreed to by the Dominions, asks that exports in 1933 should not exceed those of 1932. Denmark and Holland have agreed to the principle of a 20 per cent, reduction, but are desirous of equitable treatment when the situation

is .re-examined. The fact That Britain is askingforeigners to institute a considerable higher restriction than the Dominions pleased Dominion representatives, who hope that this will be recorded a s a precedent when a voluntary reduction of butter and cheese imports is sought.

WEST AFRICAN TRADE. IMPERIAL PREFERENCE IMPOSSIBLE. (BiiLsii Official Wireless.) RUGBY, May 24. Mr. Walter Iluneiman explained in a Parliamentary answer that the recent notice of the withdrawal of British territories of V est Africa from the Auglo-Japanese treaty was -liven in view of the.fact that Imperial preference could not be introduced throughout these territories owing to certain international obligations.

It is not the intention to take similar action at present in respect to other colonics.

AUSTRALIA LOOKING FOR BUSINESS AGREEMENT WITH RUMANIA WOOL IN EXCHANGE FOR OIL. (U.P.A. bv Elec. Tel. Copyright) LONDON, May 24. A statement issued on behalf of the London office of Rumanian interests claims that an agreement- has been concluded between ‘’powerful commerc'.al groups” in Australia and Rumania, with the object of developing reciprocal trade, Australia taking Rumanian petrol and oil in return for wool and other products. The first two shipments, totalL'.ng 5.000,000 gallons, will shortly leave Con stanza.