AMERICAN CABLE NEWS
[Australian & N.Z. Cable Association.] DE PINE DO SAFE'. (Received this (lav at 0.30 a.m.) NEW! YORK. May 24. Do Pincdo is reported to have been towed to Port Envoi, in tlu> Azores. He is uninjured.
DIVING FOR GOLD. NEW YORK, May Y[. Naval divers will attempt during the summer to recover 8-30,000 dol.' of wold, the cargo of the steamer Brother Jonathan, which was sunk off the Pacific Coast in July 18G5, with 200 passengers, in one of the most terrific gales in the history of the Pacific. The hulk in addition to the gold which was part of the army payroll is also believed to contain valuable civil war records, the recovery of which will enable the Government to adjust hundreds of disputed pensions. The venture at present is privately financed, and the results of it will he divided among the participants unless the (<overnment assumes the project officially, upon which it will reap the entire benefit of the anticipated harvest.
AVTTEAT RISE. OTTAWA, Afny 25.
Winnipeg messages states May wheat soared thirteen and five-eighths cents within two minutes of the market opening, but soon slumped seven cents. Traders fought like madmen until ft weak dollar, seventy cents was touched. Then profit taking developed with the Canadan wheat pool, believed to be the largest seller. r lhe advance is attributed to the trapping of a big short interest in May operation and continued rains in the Western grain lielt are aiding the rise.
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Hokitika Guardian, 26 May 1927, Page 3
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247AMERICAN CABLE NEWS Hokitika Guardian, 26 May 1927, Page 3
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