AMERICAN ITEMS.

Hokitika Guardian, 7 August 1920, Page 3

AMERICAN ITEMS.

U»y Electric Telegraph— Cop/,’;i.„- • FALL IN STOCKS. (Received this day, at 9.30 a.m.) NEW YORK, August 6. The heavy liquidation of stocks followed the receipt of news of an unfavourable Polish situation. Industrial stocks fell one to ten points. Foreign exchange rates are steady however sterling gaining three quarters per cent. LABOR’S ATTITUDE. (Received this day at 9.30 a.m.) NEW YORK, August 6. Speaking at Atlanta City, Mr Gompers replying to Senator Harding stated that collective bargaining was the first essential to industrial peace. Organised labour was ready to meet the political party half way in achieving permanent tranquility, otherwise there would be continued disorders.

DE VALERA. (Received this day. at 9.30 a.m.) WASHINGON, August 6. De Valera announced he had sent a cable to Arthur Griffith characterising as absurd the reports that he was witling to accept colonial home rule, and declaring it was evidence of an attempt being made to fool the Irish people. Anyone in possession of a letter of mine, no matter how confidential on such a topic, is free to publish it. Surely no one can think now that a republic is established, I would counsel the course I refused to stand for when the .Republic was still a hope. COL. HOUSE’S VIEW. (Received this day at 9.3(1 a.m.) WASHINGTON, August 0. A message from Hague states Colonel House regards tho (Poland trouble as not within the jurisdiction of the League of Nations, as no application was made at the beginning, and there was neither a case for a. c ouft of arbitration nor a epurt of justice, SHIPPING COMBINE, 'Received this day at 9.50 a.m.) NEW YORK, August 6. Tie Amalgamation of the AmericanHawaiian Steamship Company, Livermoor Dearborn Company, and,Kerr Navigation Company is announced. The combined fleet, which will be renamed American Ship and Navigation Corporation will comprise eight ships of fo'rtynien thousand tons. They will carry out an agreement made recently with Hamburg-Ameriea line and reopen and operate pre-war routes of the German Company.

DROP IN PRICES. (Received this day at 9.30 a.m.) OTTAWA, August C. At Montreal yesterday, stocks showed the heaviest tumble for years. Holders of paper stocks were the heaviest losers, the drop running from one to nineteen points.