AUSTRALIAN NEWS
IMPROVING PROSPECTS. (Australian Press Association) SYDNEY. May 1. General trade conditions in Europi i:i'e improved slightly and the iin ircssion is that the financial situatioi i;\.- touched the bottom, said W. In ies Kerr. Sydney wool skill mer bant, who returned yesterday. Tin narket for our wool is promising e-nile occasional variations. Woo rriving from Australia is going inti ousumptinn as tsnon as it lands. Ni tocks are being held. INTEREST NOT BEING PAID. SYDNEY, May 1. Interest falling due to-day on tin lomes Loan of a million pounds ant lira] bank loan of a million, issuer v the State Savings Bank will no! io paid for the time being. Those mils were issued under a prospectus I'hicli carried the guarantee of tin State Government but it is stated tin ioveriiincnl intends 1 to take advantage f the moratorium clause of the Ban! fill which was passed through Parlia lent on Tuesday. SLAUGHTERMEN REFUSE WORK MELBOURNE, May 1. As a protest against the red'uetioi f wages, about 450 slaughtermen nne nbmtrors engaged at the Metropolitan battoirs and at Geelong, refused te ;’ork. Master butchers -and retailor! /ere compelled to kill their own meat so immediate shortage for household rs is expected. COMMERCIAL. MELBOURNE, May 1. Wheat is 2s 7d to 2 ts 8d: flour £( •Is; bran £4; pollard £4 10s; oats 2i o 2s Id; barley 2s 8d to 2s 9d; maize is 11 d to 4s. MAY DAY. SYDNEY, May 1. May day demonstrations in SydtiC Tins far are quiet. MAY DAY IN SPAIN. MADRID, April 30Labour Day promises to be a H's lay. Transport is stopping, papers are lot publishing, shops and restaurant ire closing throughout the country.
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Hokitika Guardian, 1 May 1931, Page 5
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282AUSTRALIAN NEWS Hokitika Guardian, 1 May 1931, Page 5
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