Australian Cables.

Hawke's Bay Tribune, Volume X, Issue 126, 12 May 1920, Page 5

Australian Cables.

HUGHES* WOOL SCHEME. AROUSES MUCH DISCUSSION. Ixindon. Slay 10. Mr. Hughes’ wool scheme surprised the wool trade- and roused much discussion, particularly the proposal not to hold a sale in London between September and May. winch the brokers deeply resent, regarding it as an attempt to continue control to the longest possible date. A leading Australian merchant thinks the demand at the Australian sales may be restricted by the shortage of buyers owing to dear money and the difficulty of arranging credits, also the shortage of shipping but in any case the stoppage of the London sales can only have the effect of keeping up prices against the unfortunate-public.

“REDUCTION” IN N.S.W

189 LICENSES TO “GO

(Received 12, 10.30 a.m.) Sydney, May 12. It is announced, as a result of investigations by the Licenses Reduction Board, that the number of hotels in the State will probably be reduced by 489.—(A. and N.Z.)

FRISCO-SYDNEY SERVICE.

Sydney. May 11. The Oceanic Steamship Company hat. purchased the former Austrian Lloyd liner Martha Washington, to run in conjunction with the \ entura and Sonoma a three-weekly service across the Pacific. It has also purchased the cargo steamer Las Vegas, .which will be incorporated with the Oceanic Line steamers, and will lier.-njfe-th conic to Sydney under the auspices of the General Steamship Corporation of San Francisco, calling at New Zealand.

ADVANCES TO WHEAT-GROWERS. (Received 12, 10.30 a.m.) Sydney, May 12. The Government has decided, in addition to a scheme of advances in connection with this year’s crop, to make an advance of 1/6 per bushel on the 1919-20 wheat crop, with a view to ameliorating the position of farmers.— (A. and N.Z.)

SIX MILLIONS. FOR COMMONWEALTH SHEEPFARMERS. (Received 12, 10.30 a.m.) Melbourne, May 12. It is understood that the British Government is distributing six millions among Australian wool-growers in September on account of the profits accruing from London sales. —(A. and N.Z.)

BIG QUEENSLAND NUGGET

(Received 12, 10.30 a.m.) Brisbane, May 12. A nugget of purq gold, weighing 143 ounces, was found at Charters Towers goldfield. —(A. and N.Z.)

SANE RESOLUTIONS.

BY SHIPBUILDERS UNION. (Received 12, 10.30 a.m.) Sydney, May 12. The Federal Executive of the Federated Society of Boilermakers and Shipbuilders has decided that any member or nranch striking without the consent of the Executive will be refused assistance. It also resolved that no members employed in the shipbuilding industry carried on under an agreement with the Commonwealth Government shall on any account cease work. All disputes will be referred to special tribunals appointed for that purpose. (A. and N.Z.)

COMMONWEALTH NOTES.

Lieut.-Colonel Sir George Steward, Chief Commissioner of Police in Melbourne. was killed while driving his own motor car which overturned in attempting to avoid a collision. The hospital street collections in Svdney totalled £14,500. * Eggs are selling wholesale at .1 2 a dozen in Sydney. This is a record. Owing to diminished supplies as the result of the drought the price of milk has increased twopence a gallon The Supreme Court of South Australia has ruled that no private person can sue the Federal Government unless the case is referred to the Couw by the Governor-General. This means that all actions against the Government must bo referred to Melbourne on petiBnsbane reports that an earthquake shock was felt at Port Darwin