AUSTRALIAN NEWS

Hawke's Bay Tribune, Volume XXIII, Issue 76, 11 March 1933, Page 7

AUSTRALIAN NEWS

REDUCED BUTTER EXPORTS

RELUCTANT AGREEMENT

FOR TERM OF ONE YEAR

(Received 11, 11.45 a m.) Sydney, March 11. The “Telegraph’s” Canberra correspondent says that a reluctant and purely tentative agreement to restrict butter exports by six per cent, was reached at a meeting of the Dairy Produce Export Control Board. No offer will be transmitted to Britain until after next Tuesday’s Cabinet meeting, when the matter will be di»cussed. The Hon. J. A. Lyons addressed the board and indicated that the Government was unwilling to take action without full consultation with the board. Largely at the instance of the board the Government had decided that a tentative agreement for a six per cent, restriction would apply for a term of one year. ANOTHER MYSTERIOUS SAMPAM. FLYING JAPANESE ENSIGN. (Received 11, 11.15 a.m.) Sydney, March 11. A message from Thursday Island states that another sampan has been sighted off Goode Island, but it disappeared after running up the Japanese ensign. The vessel was similar to the Daikoku Maru. About 15 men could be counted aboard the. vessel, which was carrying seven small boats. A Brisbane message on February 27 said that the sequel to the interception of the Japanese giant sampan b,\ the Customs authorities occurred in the Thursday Island Police Court, when 8. Komato, the captain, was fined £lO for a breach of the Customs Act. The case involved Komato’a failure to answer the Customs signal. According to advice received by the Collector of Customs, a vessel of 86 tons left Formosa in December for the Caroline Islands, but engine trouble necessitated a visit to Zamboair a m the Philippines. It was then decided to visit Australia for adventure and pleasure. Three tons of trochus shells, worth £2OO, were found aboard. WOOL PRODUCERS’ PLIGHT. INTEREST REDUCTION URGED. (Received 11, 12.30 . m.) Canberra, March 11. Mr Aubrey Abbott gave a warning in the House of Representatives that unless prompt action were taken to assist the wool industry the result might be catastrophic Mr Abbott, who moved the adjournment of the House, said that amount received for Australian wool was treble the amount of gold won. In the past four years, taking exchange into consideration, the average price for wool had been little more than eightpence per pound and the bedrock cost of production was about ten pence. Mr Abbott urged a reduction in interest to give wool producers a cbaiwe to win through. RECORD WOOL CLIP. MORE CATTLE AND SHEEP. (Received 11, 10.30 a m.) Sydney, March 11. The latest return relating to wool production in Australia shows that th* clip for the season 1932 was a record. The approximate amount is 997 million pounds weight as compared with 9’2 million pounds in 1931. Tlie number df sheep at the end of 1931 was 110,618,893, being .50,000 more than the preceding year. This in also a record.

Cattle and sheep showed ,m increase of 539,000 and 96,000 respectively.