GENERAL CABLES

Hokitika Guardian, 30 October 1930, Page 5

GENERAL CABLES

PICTURE PURCHASED. / ■United Press Association—By Electric Telegraph.—Copyright V (Received this day aE 10.30 a.m.) LONDON, Oct. 29. Felton Bequest has purchased Frank Holls’ oil painting “Widowed-’ for 170 guineas. PRICE OF GOLD. LONDON, Oct. 29. Gold is 85s. A DIVIDEND. LONDON, Oct; 29. The Peninsular Coy. final dividend, is deferred five per cent, tax free. 1 - TALLOW SALES. LONDON, Oct. 29. At the tallow sales, 718 casks were offered and 611 sold. Fair to good was unchanged and common sixpence dearer. Mutton, fine, 30s fid, .medium, 25s fid, beef, fine 31s fid, medium 25s fid. CONSERVATIVE , STATEMENT. (Received this day at 1.5 p.ra.l LONDON, October 29. .

Sir Alfred Knox, speaking at a Conservative meeting sa.id he Had signed a statement referring to party leadership, hut lmd not intended the statement for the press, • It was designed that the statement should be communicated by Mr Baldwin through the Chief Whip. Thus far five of the alleged signatories, besides Gretton, have disassociated themselves from the document. Four declare that they were unaware a meeting, had been held. PRESS OPINIONS. (Received this dav at 1.5 p.rn.l LONDON, October 29. With impressive unanimity, all the evening papers and several morning ones emphasise the needlessly low levels to which Australian stocks have fallen and counsel buying as good lock-up investments. The general conviction in that whatever the Federal caucus does in the way of tampering with. Mr Scullin’s Budget, it will not be so foolish as to do anvtliink to further damage Australia’s credit and still less talk of repudiation. There is a desinclinntion to be believed that Mr Theodore will range himself behind a measure like inflating which he was vigorously opposed to while Treasurer. ROYAL PARTY. RUGBY, Oct. 29. Nearly a thousand guests attended the afternoon party given by the King at Buckingham Palace. The guestfinoluded the Dominion delegates to the Imperial Conference and wives, who Were presented to Their Majesties.

Members of tlie Royal family present included the Prince, of Wales and Duke of Connaught.