AMERICAN CABLE NEWS

Hokitika Guardian, 2 August 1926, Page 2

AMERICAN CABLE NEWS

Australia & N.Z. Cable Association.)

MEXICAN CHURCHES. MEXICO CITY, July 30. Responding to reports of disorders in Mexico O-cy, firemen dashed from one end of the city to the other on Friday evening, and they ii| several instances, olaved their hoses on dispersing crowds who were in combat with police. ■ The people had gathered a round the Catholic ' Churches, where they clashed with the police guards.

However, there have been .extraordinary scenes of religious emotion dining the past fortnight. This lias licen marked by the flocking of thousands of people to the churches and shrines throughout Mexico. The scenes were intensified during the last few hours before the new Government regulations, and the consequent withdrawal of the Priests from the performance of their offices, became effective.

BAHAMAS CATASTROPHE. NEW YORK, July 30. The town of Nassau, in the Bahama Islands, has remained virtually isolated from the outside world to-day. One hundred and fifty-nine persons are believed to be dead at Nassau. The town itself presents a picture of disolation, debris, uprooted trees, wrecked houses, and splintered boats washed no by the waves. The wind reached a velocity of one hundred and thirty miles an hour on Monday morning. , The yacht “Isocelcs,” formerly the Shamrock the Fourth (Sir Thomas Lipton’s challenger for the America Cup), is included among the vessels sunk. > A Government mail boat. the Brumtes, which was proceeding to San Salvador, is missing. There are twenty persons aboard. 'l’he liquor trade, which is one of the chief sources of income in the islands has been dealt a crushing blow.

UNITED STATES PRICES. WASHINGTON, July 30. The United States farmers are faced by a new price depression in the agricultural products markets, which threatens to send many farmers into bankruptcy. The Department of Agriculture has published statistics showing that farm prices have dropped four points, to 13.5 per cent of-the pre-war level, between June 15 and July 15, which is the time, of the year when the farmers depend on the sale of their commodities to carry them over the winter months. The rapid decline in the prices of farm products did not strike business generally for a while. Farm products have decreased fourteen points in the last year, and other commodities only four points in that period. Meanwhile she purchasing, power of farm products has also steadily declined. The Department of Agriculture has placed the index-purchasing power for July at 87. predicting that it would drop to 85. which is the lowest point since December, 1914. Thus the farmers’ dollar is worth thirteen cents less than before the war.