MISCELLANEOUS ITEMS.

Hokitika Guardian, 13 November 1924, Page 2

MISCELLANEOUS ITEMS.

[ReCTEJIS TEr.EOItAMS.I - I A BIG BANKRUPTCY. LONDON, November 11. Debts amounting to a. million and a hall sterling were proved at a meeting of the creditors of Boulton Brothers, the merchant hankers and insurers of Old Broad Street. In the middle of 1921. the firm had a .surplus of half a million. .Then they nuffored losses through Russian bonds and through the currency depreciation, as a result of the Russian Revolution. They also .sustained losses on and in exchange.

The prim ipal creditor is the Alliance Bank of Simla, to the extent of L'fifi I.OUh I lii.s Bank had agreed to lake over the haul Jug side of Roilitons' a Hairs. The latter were to form a new coin! any for the purpose of reL'.ving the sharebrokers: hut the plan brake down, owing to the Alliance Bank of Simla's failure in April of 1923.

The statement of the firms’ assets totalled only £30.000. The Official Receiver at need that the Josses hail long since been discounted. Boultons admitted they began business in 1907 with a capital of £3OOO.

TITLES IN FRANCE. LONDON. November 11. The “Daily Herald's” Paris correspondent states: The grotesque anomaly ol the Republic tolerating titles is to ho ended. Him .Minister of Justice lias introdircil a Rill making it an offence to confer titles of nobility or to use them in any doyiiment. Out of sixty thousand hearers of titles of all kinds in ISB7. hardly one third, of them had any right to .such: The actual descendants of the pre-Rovolutioii aristocracy were a mere handful.’’

A FATAL RIOT. ATHENS. November 11

Tt is officially reported that a serious encounter ocurred at lvavala lay—tween troops and Communist workers, who were trying to prevent non-tin-ionbt.s from removing tobacco from a factory. The Communists attacked Hie police and the military with revolvers and dynamite. Hue officer was killed and one wounded, and fifteen of the soldiers were wounded. The crowd dispersed when the soldiers fired over their heads.

AUSTRIAN STRIKE. VIENNA, November 12. The Austrian general railway strike has been settled on an arranged time and wages basis. Rev Dr Soittel is resuming the Austrian Chancellorship.