AUSTRALIAN NEWS

Hawke's Bay Tribune, Volume XXII, Issue 252, 7 October 1932, Page 6

AUSTRALIAN NEWS

PERFORMING RIGHTS

EFFECT OF BROADCASTING.

DESTROYING MUSIC APPRECIATION. Sydney, Oct. 6. Before the Performing Rights Commission Sydney Edwards, secretary of the association, said his association's receipts from broadcasting for the. twelve months ended June, 1931, totalled £35,615, £28,833 of which was from A stations, £2512 from B stations and £4270 from New Zealand.

George Sutherland, recalled, reiterated that far too much music was being broadcast which was destroying public appreciation. He suggested that a greater percentage of non-musical matter should be put over the air. The Government received too large a share of radio license fees. A greater proportion of listeners’ fees should go to the broadcasting authorities in order to improve the programmes. Witness admitted that musical publishers sent records and new pieces to the broadcaster because it brought revenue. Nevertheless, broadcasting vulgarised and ruined the sale of sheet music. He also admitted that his firm operated a broadcast station. This was because it was about the only business now profitable.

Witness was asked whether the £BOO,OOO being paid in performing right fees throughout the world, if pooled, would provide 20 per cent, of the new music requisite for broadcasting. He replied that it possibly would. The inquiry was adjourned. “SMITHY’’ ATTACKING RECORDS. TOUR OF DOMINION FIRST. Sydney, Oct. 6. Sir C E. Kingsford-Smith announces that he is making another attempt at the New Year to lower the record both ways between Australia and England. Prior to this he will fly the Southern Cross to New Zealand and tour both islands. IMPROVED TURNOVER ON ’CHANCE. YESTERDAY’S DEALINGS. Sydney, Oct. 6. The Stock Exchange turnover showed a marked improvement, all sections having buying support. Sales.—Bank of New South Wales £32 2s 6d, Commercial Bank of Sydney £l7 ss, Colonial Sugar £53 10s, United Insurance £7 15s, Millaquin Sugar £1 Bs, Australian Gas A £6 17s, Tooths £1 16s 7Jd, Tdoheys £1 12s 9d, Carlton Brewery £1 15s 3d, Australian Glass £2 5s 3d, Dunlop Perdriau (New Zealand delivery) 16s 9d, British Tobacco £1 15s 9d, Goldsbro £1 7s 9d, Mt. Lyell £1 3s, Zinc Corporation £1 10s 4J<l, Broken Hill Proprietary £1 2s 6Jd, North Brokens £3 15s, South Brokens £2 11s.

Bonds. —Four per cents. 1938 £lOl Ils 3d, 1941 £lOl 15s, 1945 £lO2 3s 9a, 1917 £lOO 15s, 1950 £lOO 16s 3d, 1953 £lOl ss, 1955 £lOl 7s 6d, 1957 £lOl 15s, 195!) £lO2 6s 3d, 1961 £lOO 13s 9d. Melbourne. —Goldsbrough £1 7s 6)d, Dunlop Perdriau 16s 9d, pref. £1 12s 3d, Myers £1 7s, E., S. and A. Bank £5 7s.

THIEVES IN A BOND STORE. BIG HAUL OF GOODS. Sydney, Oct. 6. Thieves entered Dalgety's bond stores at Woolloomooloo and took £6OO worth of liquor and cigarettes. They indulged in a drinking bout before they departed with their booty and apparently even passed nips out to a man who was keeping watch while the raid was in progress. BUILDING 200 TRAMS. BIG JOB FOR SYDNEY. Sydney, Sept. 30. While the controversy between the champions of tram and bus remains unsettled, the Government has decided to improve Sydney’s tram service by building 200 new trams. They are to be of the corridor type, incorporating the best features of both Brisbane and Melbourne trams, carrying more passengers than those now in service, and combining greater safety with higher speed. From an industrial point of view, the most valuable feature of the scheme is that it will mean the expenditure of at least £600,000 among various trades, and that this would allow for the provision of 2000 continuous jobs for a whole year. As the work will be broken up between many industries, and practically all the material will be obtained from the State, it is likely that about 8000 men will be employed on this job for varying periods, and that at least £500,000 will be expended in wages. This is certainly something to be thankful for.