AMERICAN ITEMS.

Hokitika Guardian, 21 October 1920, Page 3

AMERICAN ITEMS.

FaUSTBALTAN it N.Z. CABLE ISSOOIATIOnI COTTON MARKET. (Received This Day at 12.20 p.m.) NEW YORK, Oct. 19. It is said the southern cotton raisers intend to form a great export corporation. Tliejy propose to open the Central European markets and thus find an outlet for their product, the price of which has seriously fallen. The corporation would be prepared to sell cot-t ton on term credits. It is thought if successful, the same plan ma.y be adopted in the marketing of American wool. AMERICAN POLITICS. (Received This Day at 9.45 a.m.) WASHINGTON, Oct. 20. Traditionally, the Southern States have always been democratic, at least since the civil war. The negro vote in the south was" for the larger part suppressed through the State laws, making voting qualifications high. The enfranchisement of women, however, has brought a hope among the_ Republicans that the negro votes will perhaps separate some of the Southern States from the Democrats, especially States bordering on what is known as the “solid south,” namely Kentucky, West Virginia, Missouri etc. George White, Chairman of the Democratic National Committee declared these border States will surely remain Democratic, adding that Ohio will go for Mr Cox. Observers decare it is hardly Probable that the Republicans will he able to obtain any Southern States. 1 1 pointed out that successful measures have been taken to keep the negro women’s votes small, by enforcing high qualifications. SHRINKING PRICES. . (Received This Day at 9.45 a.m.) WASHINGTON, Oct. 20. Sneakers at a meeting of American Bankers Association declared the farmers of United States were * shrinkage in prices compare! aggregating more than 2,500 mil .on dollars, or nearly seventeen per c BANKER’S STATEMENT. (Received This Day at 8.30 a.m.) WASHINGTON, October 3U This year’s wool clip totalled 258, <, 000 pounds and at prices prevailing in September 1920 would have brought 133 million dollars, but on the basis of present prices will bring only seventy three million dollars. In the same .manner farmers will lose a thousand million dollars on corn and 333 millions on cotton. t SUGAR PRICES. (Received This Day at 9.45 a.m.) OTTAWA, October 30. The Canadian Government has permanently cancelled the Board of Com meree order prohibiting sugar importation, designed to seourethe stabilizing of prices. Canadian nealersj <ro now forced to compete with American refiners who are selling at half ihe prico asked in iihe Dominion.