MISCELLANEOUS ITEMS.

Hokitika Guardian, 29 September 1920, Page 1

MISCELLANEOUS ITEMS.

[PEB PRESS ASSOCIATION.—COPYIUGHT.}

SERIOUS LOSSES. LONDON, Sept. 27

The latest report of floods in Upper Majurienne state the damage is two million sterling. Factories suffered most seriously and houses and chalets were swept away. The Rhine burst its banks at several places, torrents overwhelming villages, destroying buildings and bridges. The situation at Frulia, owing to floods is especially grajve. A waterspout descended at Cartfugnana carrying off impoverised dwellings of earthquake victims.

FINANCIAL CONFERENCE. (Received This Day at 8 a.m.) LONDON, Sept. 27,

The Financial Conference at Brussels completed the reading of reports front various nations. The discussions thereon have begun, but it is over early to gauge whether they will be more than academic results. Newspaper correspon dents point out that the practical results may be few, as the resolutions must be unanimous before they are adopted. An .important handicap is the delay in fixing Germany’s reparations. A monotonous feature of the reports lias been the emphasis of the resources by nations seeking credits, which emphasise the internal difficulties by countries likely to be asked to furnish credits, notably neutrals. The most practical importance is attached to the probable attitude of Britain arid America, It is understood Britain is willing to give the utmost assistance in a united effort to restore the financial world situation, hut she is unable to increase the largo loans which she has already made to other countries.

WOOL SALES. (Received this day at 8 a.m.) LONDON, Sept. 27. At the wool sales, about-half the catalogue was sold. Merinos and greasy cvross-bre'ds were unchanged, low crossbreds being withdrawn and scoureds selling well. Bradford business has unimproved. Quotations were irregular.

EXCHANGE RATES. (Received this day at 8 a.m.) LONDON, Sept. 27

Exchange—Baris 52.40 francs; Stockhalm, 17.41 kroner; Christiania 25.15 kroner; Calcutta 22.58 pence; Yokaliama 35 yen; Montreal 388 cents; New York 349 i cents.

Gold is £5 17s lid, moderate sales going to India. Wailii 33s 9d to 36s 3d; Junction 9s 9d; Talisman 6s 6d.

SCOTCH LICENSE CAMPAIGN (Received this day at 8 a.m.) LONDON, Sept. 27

The National Citizens’ Council which is in charge of the local veto campaign in Scotland professes to he quite satisfied regarding the results of the propaganda, particularly the fact that polls are assured in all the important centres of the country, the percentages of voters varying from the requisite ten to fifty per cent. Scotch newspapers are flooded with advertisements and correspondence. The local veto poll takes place toe same day as the Scots municipal elections, which would ensure a large poll. The licensed trade assert the prohbtion campaign will receive a rude shock.

EARL DUDLEY’S ESTATE. LONDON, Sept. 27

Earl Dudley’s Witley Estate was subdivided into 192 lots. Practically the whole of them were sold to the existing tenants, despite angry protests by intending buyers as each lot was withdrawn when the reserve was reached. The purchasers of Witley Court propose to convert it into a hotel.