AMERICAN ITEMS.

Hokitika Guardian, 3 February 1927, Page 3

AMERICAN ITEMS.

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[I!Y TELEGRAPH—PER PRESS ASSOCIATION.]

NEM’ YORK, February

A message from Topeka, Kansas, states an anti-cigarette law heretofore rigorously enforced, will shortly he repealed. The Upper House legislature voted for repeal by 32 to 5. It had already passed the Lower House and now only awaits the Governor’s signature which is a mere formality. A-ME RIC AN D l PLO.M ATS. WASHINGTON, Feb. 2. I Plans to send regular United States diplomatic representatives to the Irish Free State and Canad'i have progressed to that extent that the State Department request for appropriations for the purpose is now lie fore the Budget bureau. The Department did not deny London reports that it hind asked the Dublin Government whether Frederick Sterling, a counsellor of the American Eifibassy London would he acceptable as the United States .Minister. It is understood U similar proposal was made to Ottawa in regard to a representative in Canada.

M'ALL STREET FINANCE. NEM' YORK, Feb. 2

A wave of financing through new bond issues without precedence in peace times, which has swept Wall Street since the first of the year seems certain to make the present week the greatest in financial history tor floating new issues. Normally, one hundred million dollars new bond issues is considered a heavy week, but already this week nearly millions worth have been offered, while prospective issues are expected to.bring the total to over three hundred millions, which would be seventy-five millions in excess of all previous records. Approximately nine hundred million dollars worth of new bonds lfive been floated since the first of January.

The Equitable Trust Company. liar-' ris Forbes and Company. First National Corporation of Boston and Erst Abrook and Company announce twentylive million dollars New South Wales bonds were largely oversubscribed. Books wore opened and closed simultaneously. at ten o’clock this morning. The Ik>ihls are dated as Ist February. Immediate trading brought the bonds to liinetv-six and a. half.