KEEPING PEACE IN EUROPE

Timaru Herald, Volume CXXXVII, Issue 19670, 12 December 1933, Page 9

KEEPING PEACE IN EUROPE

GERMANY’S DEMAND UNACCEPTABLE PLANS TO DRAFT NEW CONVENTION United Press Association—By Etectrlo Telegraph—Copyright LONDON, December 10. The political correspondent of “The Express” says: “The Cabinet Committee on disarmament will be in almost continuous session this week. Ministers are making a strong effort to evolve a convention which will Include Britain, Prance, Italy, Germany, and the United States. All hope of the Geneva Disarmament Conference can be abandoned If a Convention results from the present efforts and no more will be heard of the Geneva Conference. Herr Hitler’s demands are: An army of 300,000, an adequate force of aeroplanes, and an unspecified number of six inch guns. Neither France nor Italy is likely to agree to Herr Hitler’s proposals in their present form. IS GERMANY ARMING? RIGID PRECAUTIONS ISSUED. United Press Association—By Electric Telegraph—Copyright LONDON, December 10. The Berlin correspondent of "The Sunday Sun,” says: “With a view to minimising the foreign alarm at the militarisation and storm troops, the Government has forbidden films and photographs of their operations. SYDNEY WOOL SALES HARDENING TENDENCIES FOR SOME LINES. United Press Association—By Electric Telegraph—Copyright (Received December 11, 9.20 p.m.) SYDNEY, December 11. At the wool sales, 13.185 bales were oqered and 12,174 were sold as well as 3,894 privately. Prices were equal to the best point of last week for all descriptions of Merinos, comebacks and crossbreds, and a hardening tendency was sometimes noticeable, especially for comebacks and crossbreds. Greasy merinos made 25id per lb for six bales from Barraba.

CONFIDENCE IN WOOL CENTRES. BRIGHT REPORTS FROM LONDON. United Press Association—By Electric Telegraph—Copyright LONDON, December 10. Mr W. P. Devereux (Australian representative on the Wool Rgsearch Council), reports the firm close of the London sales, and a small carry over. The greater stability of the Continental exchanges created greater confidence in wool centres. Although the tops market at Bradford is quiet, quotations are maintained, with a cheerful tone. The slight weakness in merino tops has been arrested, and they have now a hardening tendency. There is not much new business in crossbred tops, which however, are fully firm, with some new business. Quotations for merino and crossbred yarns are unchanged. Crossbred sales of tops to Germany are fairly well maintained. Wintry conditions are stimulating business. The futures markets are fairly active. Quotations are unchanged.