GENERAL CABLES

Hokitika Guardian, 30 January 1930, Page 5

GENERAL CABLES

A SENSATIONAL DEVELOPMENT. [United Press Association—By Electric Telegraph.—Copyright.] (Received this day at 8.30. a.m.) LONDON, Jan. 29. During the trial uf William Podnwirc, caliled 18th. Dec., there was a sensational development. The pplice unexpectedly found Messiter’s watch and keys in tne cistern of a public lavathry at .Southampton. Chief interest in tlie trim was the evidence of Cummings and Goulden, who referred to alleged conversations with Podmore, when both were in prison, in which Cummings discussed the possibility of' finding tlie watch and keys, whereupon Podmore said. “Yes, if I could find them I should be guilty of murder.’’ The convicts were dramatically crossexamined by Podmoro’s counsel.

AU ST’ RAJ HA’S CR EDIT. A PRESS COMMENT. (Received this day at noon.) LONDON, Jan. 29. The “Financial Times,’’ in an ediorial admits it is unfair to debit against Australian credit influence of monetary stringency, in which practically all other countries participated. It has been demonstrated that Australia is easily able to meet her obligations and fully intends to- continue to do so. The Commonwealth fully merits the confidence of capital and is entitled to freedom from the factions of critics founded on little knowledge. WOOL SALES. LONDON, Jan. 29. At the wool sates 7969 bales were offero of which 2533 were New Zealand. There was a goad selection of greasy merinos, a few scOureds, and a good offering of greasy crossbreds. The tone was improving and good competition at full late rates, tending in -sellers favour. New Zealand greasy crossbreds, Mokopeka, 11 Jd to 12d. ARGENTINE CROP. BUENOS AYRES, Jan. 29. Much needed rains over wide areas have raised hopes of a record maize crop. Government meteorological officials announced the maize yield is expected to at least partially offset the meagre wheat crop.

PRICE OF GOLD. LONDON , January 29 Gold is 84 11$.

IMMIGRATION LIMITATION

CAPETOWN, Jan. 29

In consequence of the influx of immigrants from South East Europe, chiefly Lithuania, a Bill is being introduced limiting the number of immigrants to fifty per year from these countries.

DE RIVERA’S FAREWELL

MESSAGE

(Received this dav at 11 a.m.) MADRID, Jan. 29

De Rivera in a farewell message states.—“lt is imperative for me to seek health hut I pray that I may return to serve Spain in whatever capacity till death.” C, Berenguer declares that the crisis is a genuine surprise, and announces transition to a normal constitutional Government. “1 plan to remain in power only till I restore normal conditions. I am ol no political party and I do not know who will be the Ministers.” •Minor .rioting continued throughout the night. The Palace is strongly guarded, and troops are posted 'everywhere. Police are ..packed in the square fronting the Palace and civil guards and artillery have been confined to the barracks until the country is settled.

THE BRITISH NAVY. LONDON, Jan. 29

Replying to Mr Malone, Mr Alexander said if no Washington battleships were laid down till the beginning of 1937, Britain’s yearly saving meanwhile would be £1.039,000, £6,665,000, £10.050.000, £11,873,000, £12,035,000, £10.370 000.

Mr Alexander told Mr Horebelislia that the cancellation of the cruisers Surrey and Northumberland were decided upon for reasons of high policy. He did not expect tlie dockyards would have difficulty in finding alternative work.

CHICAGO DOWNFALL. (Received this do V a .t 11 n.m.) CHICAGO. Jan. 29. Thompson admitted publicly for the first time in a statement that Chicago was broke and was tottering on the brink of financial disaster. As a remedy and only li ope for relief for thousands jofi .ciity employees who, without wages, are existing on loan money he demanded that thoi State legis'ature should he called into a special session to deal with the city’s three hundred million dollar debt. In the meantime Chicago’s reputation for bombing continues unabated. An attempt was made to put a bomb in the car of one of the state attorneys, who had been active against gangsters, while a bomb last night blew up a building on •fashionable Michagen Avenue, and two structures in other parts of the c-ity were also damaged.