GENERAL CABLES

Hokitika Guardian, 22 January 1931, Page 6

GENERAL CABLES

WTRKLF.GS AND CABLES

United Press Association By Electric Telegraph—Copyright)

(Received this day at 8 a.m.)

LONDON. January 21

The Australian Press Association understands no further progress has neon made in discussions with Australia concerning the control of wireless and cables, owing to the Commonwealth Government insisting it is not bound by the policy of its predecessors, whereas the Company claims a. moral if not a legal agreement was made with the Bruce Ministry.

A BIG PROFIT

LONDON. .January 21

The announcement that the Imperial Tobacco company made a. profit oT ten million, for the year, the dividend

of 23 per cent being an increase of half per cent, despite the trade slump, caused a sensation in the Stock Exchange. Shares increased on the market value bv 5.1 million sterling. Many other industrial shares improved on the good news.

A REMARKABLE PROPHECY

RY LORD ROBERT’S

(Received this dnv at 9. a.m.i LONDON, January 21

A remarkable prophecy by Lord Roberts is revealed by the “.Morning. Post” which says it is a matter of history that he warned his countrymen Europe, but it is not so well known to prepare for a frightful war in that in a speech at Quebec six years before the war, lie predicted that defeat would he near hut that the war would finally be won by the genius of a French General named Ferdinand Focli, a Professor of Paris .Military School.

HIGH TAXES. LONDON. January 21. Viscount Astor. who says out of every hundred sterling received he has to pay sixty to the State has decided as a result of reduced income and high taxation, to close temporarily his ’.Mansion at Cliveden near Taplow, a famous Thnmesside ,showplace.

A PENSION. PARIS. January 21. The Chamber voted .Madame Joffrc an exceptional pension ol eight hundred sterling. AN AVALANCHE. POLICE SQLA DUOX KN(Hi I,KED. ('Received fchi* dsv at 9.40 a.m.) BERLIN, January 21. An avalanche engulfed a squad ef Bavarian police practising on skis in the mountains ot Cadoelz. Two hundred rescuers working throughout the night with torches in imminent pciil of themselves, dug out at day break nine frozen to death. Six are unaccounted for.