GENERAL CABLES

Hokitika Guardian, 26 March 1931, Page 5

GENERAL CABLES

A US'! R A LIA N FI NA X CL. [United Press Association—By Electrii Telegraph—Copynght.J (Received thin day at 9.40 a.m.) LONDON, March 25. The conference at Australian House between Messrs Collins, and Fuller and representatives of the Westminister Bank regarding- the five millions due to the Bank on March 31« t, resulted in the matter being handed over to Mr Collins ns sole negotiator. The strictest reticence is observed, but there is a strong feeling of good prospects of banking agreeing to an arrangements to see the three States over file difficulty. EMPIRE MARKETING FUND. LONDON, March 25. Omas has accepted the offer of Bonjfimine Drnge to contribute £30,030 to spread over a few years to the Empire Marketing Fund, the money to ho applied to the improvement of the Imperial Institute. PRICE OF RUBBER. LONDON. March 25. Plantation rubber is three-pence halfpenny, a low record, following the announcement of leading Dutch producers to refuse to co-operate in the new restriction proposals. EMPIRE BUTTER .MOVE. (Received 10.20 a.m.) LONDON, March 25,

Seven members of the House pt Commons intruding Messrs A me ry and Locker Lampson, have been asked by .the Lord Mayor of Birmingham to record their votes in favour of home or Empire butter in "a buy” election, organised by the Empire Dairy Council, aimed at securing the opinions of house wives throughout the country. The “Evening News” says there' is no business in Australian stocks, Jobbers are quoting the widest nominal prices, and are unwilling to do business, even several points below last night’s closing prices, which in addition to the Commonwealth 8 cabled yesterday (when fives ynnged 74-77 and sixes 84)4). including New South Wales six and a halls 82-854; sixes 75-77; Victorian five's 68-704; Queensland fives 76 to 73 : South Australia six and a ball's 84.

Mr Theodore’s use of the word default has caused a move of anxiety and a nervous sweep over investors, discouraging selling brokers from marking prices lower. FRENCH JUSTICE. A WOMAN’S LUCKY ESCAPE. PARIS, March 25. Another remarkable instance of the leniency of French Courts was provided at Seine Assizes, where Nurse Jeanne Sanson was sentenced to two years for pouring boiling oil over her sleeping husband, who died in agony. She was given the benefit of the First Offenders Act, and she goes free. She declared her husband had ill treated her for twenty years.

SAMOA. N. Z. ADM IXISTR AT IOX ATT A C’K EI > (Received 10.30 a.m.) LONDON. March 25. The Saturday “Review” publishes a three column letter by Arthur Greenwood. vicar of St. Albans, Auckland, strongly attacking the New Zealand Administration in Samoa. The letter sav.s:—“lt looks as though the Administration, backed up bv the New Zealand Government, leaves no stone unturned to prevent the truth about Samoa reaching the public oar. ’ He contest Sir Tlmmas Willord « Geneva statement that the situation was improving.