GENERAL CABLES

Hokitika Guardian, 10 June 1929, Page 6

GENERAL CABLES

STOCK MARKETS STEADY. (United Press Association—By Electric Telegraph—Copyright) (Received this day at 8 a.m.) LONDON, June 8. The stock markets thus far have not reacted to the Conservative defeat to anything like the extent to which they were expected, thereby discomforting bearish speculators. The Stock Exchange remained unhurried even when the incomplete returns suggested a complete Labour victory, deals being temporarily held up rather than prices collapsing, owing to continual industrial disputes, rather than any election influence. WOOL PRICES DOWN. . (Received this day at 8 a.m.) LONDON, June 8. The wool position remains most satisfactory. The price generally, is still down, manufacturers only purchasing bare necessities. Considerable stocks are still held at Bradford and elsewhere. TROTSKY’S REQUEST. , f (Received this day at 11.25. a.m.) CONSTANTINOPLE, June 9. Apparently regarding Labour's election success as a favourable opportunity to leave Turkey, Trotsky telegraphed to Mr MacDonald “for urgent medical treatment and scientific work, 1 am asking the British Consul here for authority'to go to. England.” Trotsky sent his son to the Consul requesting a visa, mentioning the need of medical treatment and the necessity of personal supervision of the publication ill English of his biography. ANOTHER ATLANTIC FLY. LONDON, June 9. A Stockholm aviator, Ahrenberg. plans to begin to-day a trans-Atlantic flight. He hops from Stockholm to Bergen, Iceland, Greenland, Newfoundland. and New York, using a seaplane with special floats to enable him to descend in a rough sea. He is taking a reserve pilot, a wirelesser, and his