NEWS IN BRIEF.

Hawera Star, Volume XLVIII, 17 October 1924, Page 7

NEWS IN BRIEF.

HIDES. BY CABLE—PRESS ASSOCIATION—COPYRIGHT. (Received Oct. 17, noon.) MELBOURNE, Oct. 17. In hides competition was good. \ allies remain unaltered, excepting tor inferior lines, which sold in buyers’ favour. GERMAN LOAN. _ t . STOCKHOLM, Oct. 16. The issue of two-thirds namely, 16,000,000 kroner, of the 24,000,000 kroner Dawes loan allotted to Sweden was oversubscribed within half an hour. ’ RUSSIA AND FRANCE. PARIS, Oct. 16. Le Journal reports that a Notedrawn up by the commission on the question of the resumption of relations with Russia briefly outlines a vast system for an international regime to take up the organisation of Russia’s foreign trade, whilst assuring as far as possible the gradual liquidation of her liabilities. Le Journal describes this as the application of the Dawes principles to the solution of the Russian debt problem. SHIPPING STRIKE ECHO. _ . "TOKIO, Oct. 16. President Ito, of N.Y.K., has tentered his resignation to the board of directors on the grounds of Iris resp?visibility for the recent trouble. [‘Employees of the shipping company of \\ hich Ito was president resigned in a body.] WEMBLEY. (Received Oct. 17, 1.45 p.m.) , . LONDON, Oct. 16. lhe Financial News says an additional reason for the reopening of Wembley is that the Paris International Exhibition in 1925 will attract many visitors who will also visit Wembley, THE BEIRA TROUBLE. CAPETOWN, Oct. 16. Ihe trouble at Beira has ended, and business has reopened. It is understood the grievances are to he considered . - STEAMER SEIZED. „ CAPETOWN, Oct. 16. ■.he German steamer Nordmark, which was seized bv the Customs officials at Durban a few weeks ago, and from which a. cargo of arms was unloaded. is now being reloaded with all but the portion not declared. It is understood she will be allowed to proceed. OXYGEN EXPLOSION. ' Receded Oct. 17. 2.30 p m LONDON, Oct: 16 An oxygen cylinder fell from a lorry pasrving along a. street in Greenock and exploded. Other cylinders on riie lorry also immediately exploded, ina number of passers-by and wrecking a tram car. Twenty "people were conveyed to hospital.