BRITISH AND FOREIGN NEWS.

Hokitika Guardian, 21 September 1927, Page 3

BRITISH AND FOREIGN NEWS.

•'Australian & N.Z. Cable Association.) TRADE PROSPECTS. LONDON, Sept. 20. An interview with lenders in various spheres of industry regarding Britain’s trade prospects show tho prevailing note in most opinions is one of quiet optimism. Hon. Shaw (President of tho Chamber of Shipping) says the outlook for British shipping is probably brighter than for many years, but prosperity of shipping depends on the general prosperity of' the trade of the world, particularly Britain, which siiows many hopeful signs, notably the smaller fluctuations of currencies, more will to work among all classes in industry. Hunter (President of British Wool Federation) said the demand for yarns and piece goods has revived and quotations showed an advance. The biggest purchasers recently were Germans and if their demand is maintained there is not the slightest prospect of a serious reduction of present prices.

- burglary. (Received this day at 10.15 a.m.l LONDON, Sept. 20. A daring burglary was carried out at Pontings, a AVest End store, clearly the work of experts, who secured several thousands sterling worth of frocks and jewellery. They crossed the electric railway and opened a window with a diamond, and forced up the steel doors, all being done so quickly that the' ontrolling watchman did not hear a sound. The thieves escaped over the walls to a motor car in a street a block distant. No arrests have been made.

AIR CRASH. MADRID, Sept. 20. At Barcelona a naval aeroplane became entangled in telegraph wires and crashed in the river. The pilot * was killed and a passenger seriously injured. A TRAIN SMASH. PRAGUE. Sept, 20. A train dashed into an omnibus on a level crossing and smashed it to matchwood. Five persons were killed and twenty injured, five seriously. RUSSIAN SENTENCES. RIGA. Sept. 30.

Further sentences of Tauroggcn insurgents, cabled on 14th. include eight sentenced to death, one of whom was immediately executed. The others were permitted to appeal. Ihe Piesident commuted sentence on nine more to penal servitude of life, while others were sent to prison for varying terms.