MISCELLANEOUS ITEMS

Hokitika Guardian, 1 July 1920, Page 2

MISCELLANEOUS ITEMS

(By Electric Telegraph—Copy rigid ) LONDON STOCK EXCHANGE. LONDON, June 29. Stock exchange rate are: Waihi Junction shares, buyers 8s Id ; sellers 9s 8d ; Talisman 7.s 7d; Peninsular , shipping shares, buyers £415,. sellers £425. SLAUGHTER OF TURKS. LONDON, June 2‘). A Smyrna communique states that over 2000 Turks were killed in the battle of Alaskehn. The majority of wounded are suffering from sabre cuts inflicted by th e Greek cavalry. GALLIPOLI GRAVES. LONDON, June 80. ' Sir T. MacKenzies says lie learns that it is untrue that the New Ze.d-.ntl graves on-Gallipoli have been deseecaSsTv by the Turks. The latter have always treated New Zealand and Australian dead with respect. A few nones tying about have been identified as those < f Turks. One cemetery, however, previously believed to be Turkish has row been discovered to contain "0 to 80 British fraves. Turkish officials have promised to investigate and stir ply (he names. It is believed to be now possible to identify a number of Now -c-a-landers previously untrace.i. ' N.S.W. LOAN. '■ , LONDON, June 30. The New South Wales loan is being under written in London to the the extent of 55 per cent of the total. Tfi> interest is liigher, but 45 per cent is not taken by underwriters. The commission for the underwriters is to be’ the usual 11 per cent. -Some circles consider that' politioal factors (the New South Wales Government being Labour) have contributed to the result of the New South Wales loan.

Banking circles, however, say they consider that the true explanation is •the frequency of past New South Wales (Holman) Government’s appeals for loans on the London money market. They say that otherwise the high state of interest offered now should 'have been attractive enough, despite the increasing scarcity of intestable money. ■

Dealings in the New South Wales new 6j per cent loan have opened. They started at 99. After touching 98}, they closed at 98 5-8.

SALE OF WOOL. LONDON, June 30. It is reported from Bradford that Sir Arthur Goldfinch, Director of Raw Materials has sold £4,000,00 worth of wool to a local syndicate, the wool being destined for Germany. The wool trade is now mystified, The trade waits a full disclosure of the sale.

VATICAN AND FRANCE - • (Deceived this May at 9.30 a.m.) PARTS, June 30. The Foreign Affairs Committee reported the Vatican had accepted the separation of the church aiid State in France aii fait accompli. It declares j there is not the slightest desire vo [ interfere in French politics. The way is therefore clear for the resumption of diplomatic relations. -r RECONSTRUCTION COST. (Received this day at 9.20 a.m.) PARIS, June 30. t, Olio Minister of Finance informed the Chamber that he had already paid nearly seven thousand million francs towards the reconstruction of the liberated 1 areas.