AMERICAN NEWS

Hokitika Guardian, 29 April 1931, Page 5

AMERICAN NEWS

TRADE RETURNS. (United Pres., Association—By Electric Telegraph.—Copyright.) WASHINGTON, April 28. The ('hamper ol Commerce announced to-day that Canada purchased 31 i per cent less irotn the l ini ted Status in 1930 than in 1920, the purchases Killing ell by two hundred ami eighty milium dollars, to six hundred and lilty-ninc millions. United Kingdom had displaced Canada as United states' best customer bv a margin ol nineteen millions. While Canada purchased thirty-one per edit less, Canadian imports decreased liv only twenty per cent or one hundred and one millions. Notwithstanding that the United Kingdom purchases had dropped by one hundred and sixty-nine millions, the Bri.is i Empire purchased more than forty-two per cent of United States exports.

NEW YORK STOCK EXCHANGE. NEW YORK, April 28. Following reports that Mr Lang had threatened furtlher interest defaults, New South Males bonds dropped to fives 1957 -o -15.). off; 2- 1958 fortysix off four. Commonwealth issues strengthened slightly. Queensland showed no sales, Foreign exchange—Montreal, 4803. A TAMMANY WIN, (Received thin day at 1.5 n .tn. i NEAY YORK, April 28. An Albany report says Governor Roosevelt dismissed the misfeasance charges against Walker cabled o n 20th (9 April stating in a memorandum that the charges were ,so general in diameter and referring so generally to the Mayor’s subordinated that the course was insufficient for removal. This is considered a notable victory for Tammany Hall which was seriously aroused by the threat of the reform element to overthrow it s regime in New A ork. Moreover politically no small significance is attached to the Governor'is action. Roosevelt is the most outstanding .'aspirant for the Democratic Presidential nomination in 1932 and any alienation of Tammnnv would-seriously affect his Presidential chance.