AMERICAN ITEMS

Hokitika Guardian, 10 November 1924, Page 2

AMERICAN ITEMS

lUBTUALIAN AND N.Z. CAULK ASSOCIATION STEP LING KX< JIANGE. NEW YORK, November 7. Sterling maintained the advance and reached a record, the highest fur 192-1, of 158, rea: ting one eighth at the close which was 157 seven-eighths.

Al EX I CAN INSTRUCTIONS. .MEXICO CITY. November 0.

The Minister lor Foreign Alfairs has ordered all "Mexican Consulates in Canada and other British Dominions to lie closed on November 17th. in accord-

a it* e with-the |»>i- y t-, ever coinim vial relations with lim.iin.

RADIO RACE. NEW YORK, November 7. Two radio signals were flashed in opposite directions around the world. The east bound signal won the race by one second, going the distance in live seconds.

SENATOR LODGE ILL. NEW YORK, November 8. The well-known American politician Senator Lodge. suffered a second stroke, and is lying at the point of death.

CANCER WARNING. NEW YORK, November 7.

Dr Ewing, Professor of Pathology at Cornell University says:—More soap and water could prevent cancer, of the skin. Cancer of the stomach is seldom caused by stomach ulcers. Cancer of the lips and longue is usually from tobacco or bail teeth. Cancer is usually caused by constant irritation over a considerable time, t expect a large increase among motor mechanics, whose arms and hands are coated with

BOOM IN WALL STREET. NEW YORK, November 7. Bankers anil industrial leaders predict tremendous American busin.-as advances. Judge Gary, the Chairman of the United States Steel Corporation, sa\s “ Never before in history has anv country had such an opportunity lor advancement as America has to-day. Manv other business heads predict

a boom of tremendous dimensions. Wall Street has begun quotations for the new German Riechsmark at a par value of twenty-three point eight cents per hundred. The Swedish kroner, for the first time this year, sold above par. Wall Street t.o-dav sold more than two million shares, this being the highest transaction for two years.

BUYING GOLD BRICKS. OTTAWA, November 7. Three more Toronto financiers, re puted to be millionaires, have beei .sentenced by the Judges who are try ing to dean up the Home Bank fail

The investigations showed that the Bank spent two million dollars among favoured directors in financing the Mount Royal Brick Company, whose total sold output amounted to only 3,3:5 bricks. The Home Bank had 70 branches throughout Canada.

The liquidators expect to pay the depositors forty cents in the dollar. 'fbe directors place the chief blame on the general manager, Air Mason, and President Daly, both of whom recently died mental wrecks.