AMERICAN CABLE NEWS
(Australian it N.Z. Cable Association.) QUEENSLAND LOANS. (Received this day at 10.15 n.m.) VANCOUVER, July 20. The Queensland Premier, Mr McCormack, sails homeward on Thursday. He says he has successfully arranged for large loans for Queensland. lie believes all Australian borrowing in the future he done on the loan com-1 mission plan, as competition is (dim-1 inated and better terms are obtainable.
WHEAT PRICES. VANCOUVER, July 20
At Winnipeg, wheat closed 1;J to 21 cents above yesterday’s levels following on sensational reports of continued oppressive beat, which has aggravated the spreading rust menace for several months, and finished at only a fraction .below the day’s highest levels.
U.S. AIR POLICY. (Received this day at 10.15 a.nt.) NEW YORK, June 20. President Coolitlge intends to pursue a policy to encourage every city and town in the United States to establish its own airport. The President has issued an order to commence a Department of Aviation Board to assist in the promotion in every possible way of the creation of suitable commercial landing fields. He holds tlio view that the Federal Oovernment cannot appropriate funds for such fields, but will leave their establishment to localities, while the Federal Government devotes itself to the general promotion of aviation. Yfr Coolidgo who is at Rapid City, expressed regret that he was unable to attend tilie ceremonies anaugurating the international peace bridge at Buffalo, to meet the Prince of Wales and Mr Baldwin. Tt is not expected that the latter will visit the President'.
RECORD MOTORS BUSINESS. NEW YORK, June 2b. General Motors Corporation reported the nett earnings for the first six months of 1027 were 120,250,207 dollars which is an increase ol more than twenty-seven and a. half millions over the same period in 1025. constituting a irecord. Sales to dealers and To Users were also records. BOXING lIEAVYWEIGHT. (Received this day at 12.25 p.m.) NEW YORK, July 20. Jack Delaney has relinquished the light heavyweight title to-day and wilt* fight as a heavy weight. CANADA TAKES NO ACTION. OTTAWA. July 20. . Canada lias made no representation to Britain with respect to the dispute at Geneva.
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Hokitika Guardian, 27 July 1927, Page 3
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355AMERICAN CABLE NEWS Hokitika Guardian, 27 July 1927, Page 3
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