GENERAL CABLE NEWS.

Gisborne Times, Volume XXVII, Issue 2408, 25 January 1909, Page 5

GENERAL CABLE NEWS.

DECLINE IN TRADE. United Press Association. Copyright BERLIN, Jan. 22. Statistics prepared in Berlin show that Britain’s trade last year declined by £101,482,000, Germany £25,000,000, United States £95,436,000, and France £10,250,000. AUSTRALIAN BANKING OUTLOOK SYDNEY, Jan. 23. At a, meeting of the Joint Stock Bank, the chairman declared that the outlook for Australian hanking war never better. The general business prospects were propitious. The hank was preparing a scheme to cope with the increased business.

FACILITIES FOR COLONIAL SHIPPERS. LONDON, Jan. 22. Mr. Taverner, Agent-General for Victoria., represented to Mr. Churchill tho necessity for the Port of London authorities providing for colonial producers facilities similar to those at Hamburg for landing, grading, and selling produce at tho docks, thereby preventing repeated handling. LONG -DISTANCE TELEG R A PHY. Telegrams have been despatched from London to Karachi, a distance of 5532 miles, ■without any intermediate handlings. This constitutes a record in long-distance telegraphy. LORD NORTHCOTE’S SUGGESTION. MELBOURNE, Jan. 23. The Minister for External Affairs approves of Lord Northcote’s suggestion for an exchange of officials between England and the Commonwealth. A POLITICIAN’S FUNERAL. BRISBANE, Jau. 23. A public funeral was given to the late Mr. Leahy (the Speaker). It was attended by a great concourse. THE RUSSIAN LOAN—FRENCH SUBSCRIPTIONS.

(Recoived Jan. 24. 4.30 p.m.) PARIS, Jau. 23. The French subscription lo the Russian loan was completely successful. EMIGRATION TO NEW SOUTH WALES. LONDON, Jau. 23. Tho Board of Trade’s report on emigration during 1908 says that the class of emigrant leaving for New South Wales is of a superior type. __ RAMSAY MACDONALD. Mr. Ramsay Macdonald has resigned the secretaryship of the Parliamentary Committee of the Labor party in order to devote himself to further books on socialism. He retains the secretary,ship of tho Labor party.

THE UNITED STATES NAVY

WASHINGTON, Jan. 23

The House of Representatives has voted the two gigantic battleships recommended by its Naval Committee, to cost tweny-five million dollars (£s.‘S 00,000.)