GENERAL CABLES

Hokitika Guardian, 27 March 1930, Page 5

GENERAL CABLES

CALIGULA’S GALLEYS. PUMPING OF LAKE NEAII STOPPED. [United Press Association.—Ry Electric Telegraph—Copyright]. jtvOAlE, March 25. Signor Mussolini has ordered the cessation of the pumping of Lake Nenrf, where the uncovered Caligula galley was found to be built of wood. It was covered with lead plates, instead of the traditional gold. A second gallery was found similarly armoured. POLISH POLITICS. WARSAW. March 26. Pilsudski is again applying a Cromwell touch to politics. Since Cabinet was defeated, Speaker Szymnnski has been trying to form another, hut found himself confronted by Pilsudski’s demands that Parliament shall not interfere with the Cabinet personnel or operating budget. Finally the Diet was given six months holiday and Szymanski abandoned his ta c k.

WOOL SALES

LONDON, March 26

At the wool sales, 0005 bales were offered, including 1480 from New Zealand. About o, 100 were sold. There was a large selection of greasy merinos principally top-makers sorts and an excellent supply of scoureds. A good tone prevailed and late rates were fully maintained. New Zealand greasy crossbreds lOfd to 9-J-d.

SOUTH AFRICA’S FINANCE,

(Received this dnv nt 11 a m l CAPETOWN, March 27

Tbe Budget showed a surplus of £400.000. Tbe estimated expenditure is £30,813,000 leaving a deficit for tbe current year of £1,388,000 which will be partly met by the surplus, and also by tbe discontinuance of the twenty ner cent rebate on income tax, amounting to over half a million. The value of wool exports in 1020 decreased by £2,300,000 and maize by £1,860.000.