MISCELLANEOUS ITEMS.

Hokitika Guardian, 14 October 1922, Page 4

MISCELLANEOUS ITEMS.

austuai.ian AND N.Z. oahl.E association

. BEVAN’S TRIAL. (Received this day at 8.30 a.m.i LONDON, October 12. During the healing of the Bevan ease at Guildhall, John I*. Randall Parsons gave evidence that holding the power of attorney for his brother, Colon! William Fiederick Parsons, absent in Australia, for whom lie had £15,000 to invest, he enquired into the prospectus of the City Equitable, unci its Associated Company. He saw Bevan who assured him the prospects were

good even though the immediate yield shares at the market price was below the yield from Government stock. Witness decided to buy the Company s .shares. Before he saw BeVan ! bought two hundred preferences for £617 for his brother anil one bundled for his wife for £302 10s.

THE POLITICAL SITUATION. (Received this (lav at 8.30 a.m.i LONDON, Oct 13. The Political situation is developing, in a.n amazing manner, everybody is hanging on Hon Lloyd Georges and Mr Chamberlain’s coining speeches, tbe purjKitr of which nobody knows. Tho only apparent certainty is the proximity of an election. I bore are various estimate of the date, but all are conjectural. One wellinformed. suggests Air Lloyd George who is absolute, arbiter in the matter. will effect a dramatic coup, forcing the election during the fir.st week of November. It is significant that his closest confidants make no sign of knowledge. It is believed be lias not taken into bis confidence, any except a few selected members of the Cabinet. F nn.e Conservatives /.uhtoente _ a wholesale stampede from the Coalition | even mentioning 1 old Derby’s name j as leader thereof. Lord Derby does, not deny or affirm in this connection. Coalitionists notably the “Daily | Chronicle” argues that if the Co-user-. vr,lives light the Coalition Liberals at j elections. Labour nil possibly win 2110 j to 250 seats. The “Chronicle” de-, Mares Labourites are already count-, ing on the passilditv el -a split-, in-J stancing the principal organisers’ declaration in a recent speech that Labourites will possibly In charged with lh? formation of a Government. TRUCKS DERAILED. , AUCKLAND, Oct. It ! At four o'clock this morning when a gm ds train was switching to a siding at Drury, a truck loaded with girders was derailed on tbe points and capsized one or two trucks, causing damage I > the permanent way and blocking the main trunk express due at Auckland at ten o’clock. Passim-, gers are being transferred across the; gap and will arrive, here about eleven, j FOUND HANGING. CHRISTCHURCH. Oct. 14.

William H. Cain, aged 68, a stone mason, was found hanging at 7.15 this morning at the yards of his employer, .1. Tail, iiicinimental ina-on, Cashel St. Deceased was separated front his wife. COMMKRCI VL. LONDON. Oet 13. i

Cargoes am in good demand and the price is orrasknmly higher. A 7,500 toil steamer of .lannaiy-Kebruiirv brought 50s. Parcels opened at sixpence to niiiejienee advance and closed below, but good trade was done on spot. Trade was active in flour with moderate demand. Barley is firm, (with fair inquiry for shipments. Oats jam firm tending upwards. Sugar granulated 50s. Owing to the Colonial Office approving inf a scheme to restrict the output of rubber in order to raise the price. Ceylon and Malay Straits’ Settlenu ills, rubber in ieei rose about three, half-pence fur standard crops, spot selling at 9Jd to 10U1.