MISCELLANEOUS ITEMS.

Hokitika Guardian, 11 August 1921, Page 1

MISCELLANEOUS ITEMS.

AUSTRALIAN AND N.Z. GABLE ASSOCIATION. AN INTERVIEW. LONDON, Aug. 9 The Australian Press Association interviewed Mr Massey, who said tlie impression lie received, lifter meeting (lie principal leaders of Bradford wool trade, who discussed the position with me publicly and privately, with the cmnplotest frankness, was that there'is every reason to believe that low prices

cannot last long after the continental markets are reopened. Germany is already developing a considerable demand for New Zealand wools. Poland and Russia are suffering an unprecedented shortage of clothing and must ultimately he reclothed, unless they are allowed to perish through the cold of the approaching winter. Furthermore the world’s present output of wool is not equal to pre-war supplies. There is also g common shortage which must create a demand for wool. Mr Massey continued that the present trouble regarding New Zealand wool arises from a the accumulation of the British Government stocks, equal to one season’s elip. Tn the presentstate of British finances tliere is always possibility of the wool being marketed with a view to cutting the loss. Bradford stocks are low, and I understand wool speculators are already beginning to operate in anticipation of a rise. Reports from Argentine indicate that rattle arc beginning to supplant sheep because the latter is unprofitable. AH inlluences are co-operating in favotii of Now Zealand wool prospects, when the present slump lias passed over. A N Tl-D UM PING LEG LSI, ATION. LONDON, Aug. 9 lord Inch cape, writing to a Glasgow protest meeting against the Antidumping Bill, described the measure as *‘a fantastic, unworkable farce.” If it is passed, he adds, Britain will he "finished” so far as those industries on which her living depends is concerned. M.P’S DEATH. LONDON, Aug. 9 The first memorial service ever held in the crypt at Parliament House is being held oil Thursday, for the late Mr Wintringham, M.P. agrit:i• i/it:kal statistics. LONDON, Aug. 9. The Board of Agriculture return for |! K’t) show os that- the farmed area in England and Wales under crops or grass' wag 2u,139,001) acres, litis w:u| a decrease (, l 1108,000 acres in 1919. The area under wheat was L,9i8,000 acres, an increase of 1011,000 acres. I In* parley area declined by *202,000 acres and llic oats area by 137,000 acres. The live stock figures for 1920 wore: itorses, 1,381,000, an increase of 18,000 on 1919; cattle, 0,615,000, a decrease ol 31,()00; slu-cp, 13,800.000. an increase of 123,000; pigs. 2.505,000, an ini reuse of 5L1,00(). TIMBER TRUST. LONDON, August 10. Tim “Daily Chronicle's’ Berlin cot - respondent says:--The Forestal Land Timber and Railway Company, British concern has purchased Renners Hamburg Tannery and Dye Works paving 5 1 50 marks tor each KHX) mark share, totalling 11,000.000 marks The Germans used to draw the hulk of their raw materials from Argons tine, where the Forestal concern overwhelmed Renners. The Forestal operations arc world-wide. The, company had a capital of more than £*5,000.0 sterling. THE ABSENT PREMIERS. LONDON. August 9. The '‘Times’’ in an editorial inferring to complaints from the Dominions of the inconvenience entailed by the absence of their Premiers m London says: There is a substantial danger of reaction in the Dominions, pm ticulnrly in Australia and in New Zen land: hut the meetings for consultation are indispensable, and a way must he found to reconcile them with local < oi rupations. The (Premiers might possibly experiment with a iweling ’ Canada, or even Capetown might he tried next year; hut at the lest, s* a change would he no more than an expedient. The real hope lies in a Be volopment, of swift air travelling.