GENERAL CABLES.

Hokitika Guardian, 20 January 1928, Page 3

GENERAL CABLES.

By Telegraph—Press Assn., Copyrigli

COMMERCIAL. (Australian Press Association & Sun.) LONDON, Jan. 19. Wheat cargoes are steady, with moderate inquiry unchanged. are in small demand fully steady. Ex Euripides 51s, ex St. Necholson 50s 9d. Liverpool futures, March 10s 3|d, May 10s 3Jd, July 10s 3Jd. Spot trade quiet, prices firm. I’lour is slow Australian ox store 38s 3d. Oats, pens and beans are <luli. COMING TO N.Z. LONDON, Jan. 19. The Rotorua carries 121 assisteds. including 23 sheepowners’ scheme hoys. P. Nichols, recently appointed Foreign Office linson officer for New Zealand embarks on the Ormonde on January 21st.

BRIGHT OUTLOOK

LONDON, Jan. 19.

“Looking to tho future there is good ground for confi.dei.ee, ” said Mr Goodenpugh, (Chairman) at a meeting of Barclays Bank. “Both industry and trade in Britain are showing indications of a substantial revival. The continuous process of stabilisation of currencies and world prices affords a. reasonable expectation that the trade improvement we arc now experiencing may be more permanent than similar revivals in recent years. h-h have proved only temporary. regarding the suggestion of tariff agreement between tho principal European States this might benefit Europe as n whole but Germany would be the chief gainer. It would certainly be more in our interests to devote our energies increasingly towards the development of the Empire. There is no doubt the prosperity of Britain and the Empire in the future was dependent upon the development of areas within the Empire through intcr-Jm-perial finance and trade.

WIRELESS CONFERENCE. LONDON, Jan. 19

The Wireless Conference after an hour’s sitting adjourned to an unnamed day next week. No communique was issued. NEW GERMAN MINISTER. BERLIN, Jan. IS). Wilhelm Crooner has supplanted Gessler as Minister of Defence. He sprang into world prominence during the war and controlled railway operations until 1926, when he took charge of the economic mobilisation of the civilian population. He succeeded Ludendorff in 1920 as Quarter-master-General. He played a decisive role in the Kaiser’s flight Holland, for which tho Nationalists are still reproaching him, alleging he misled the Kaiser. £5,000,000 BRIDGE. LONDON, Jan. 2. The City Corporation Bridge Committee lias rejected the Ludgate bridge project, and has recommended St. Paul’s bridge scheme, which will cost £5,000,000. This bridge will cross the Thames from St. Paul’s Cathedral t” Guildford Street.