NEWS AND NOTES.

Manawatu Herald, Volume XXXVI, Issue 1226, 28 March 1914, Page 4

NEWS AND NOTES.

The Bishop of London, on one occasion when he went to Buckingham Palace, told the King that he had passed Lord Salisbury in an aule-room, but the latter did not seem to know him. “Ob,” said the late King, “Lord Salisbury never recognises anyone,” and going over to a bureau he took out a new portrait ot himselt and handed it to the bishop, saying, “What do you think of this ?” “A very excellent likeness, sir,” said the bishop. “When I showed it to Salisbury," said the King, “he looked hard at it, and then said, ‘Poor old Buller; I wonder it he’s as stupid as he looks ?’ ’’

“While I am prepared, perhaps, to concede time, ii sufficient need therefore be shown, yet I want to see the reign of straightforward labelling of foodstuffs au accomplished matter as soou as possible,” stated the Minister of Public Health on Saturday, in speaking on the Sale of Foods Act. “ ‘Food faking’ in all parts of the world has become aim os: a fine art. That alone should enable people to understand some of the difficulties before myself and the officer:. 'I *he Department of Public Health in the tion of the Act and its regulations.”

Two women thieves carried out a smart coup at the expense of a Paris jeweller in the Rue de Provence in December, stealing three pearl necklaces to the value of h 16000. A smarth-dressed woman of aristocratic appearance entered the shop of M. Salomon, a dealer in jewels and antiquities, and told him she wanted to purcuase a pair of diamond earrings as a New Year’s gift to her neice. The jeweller opened his window case and placed a number of choice stones, set and unset, before the woman, who examined them closely through her lorguettee. As she did so the jeweller saw she was wearing diamond rings apparently of great value. A few moments later a second woman customer entered the shop. She stood for a miuute by the side of the open window case and then said to the jeweller, “ I see you are busy ; 1 will call again in a quarter of an hour.” The first customer did not make up her mind, and soon left the shop, saying she would make her final choice the next day, M, Salomon was returning the earrings to their place in bis window case when he saw that three pearl necklaces bad been abstracted. Evidently the second “ customer ” had profited by the fact that her supposed accomplice was engaging the attention of the jeweller to steal the necklaces.

There is very little appreciable change in the condition of the local money market since onr last issue, but what move there Is is in the nature of au easing tendency. Our exports are maintaining a good high level, both in volume and price, and the banks’ coffers are in process of replenishing from the realisation of these exports, The Economist of London, commenting on the sudden easing of the London money market states that the bank rate had not been down to 3 per cent, for a year and a half, and a drop from 5 to 3 per cent, in January has not been known for the last 25 years. Owing to the clouded state of the stock market vast sums were deposited with the banks at 3J3 per cent, but when this rate was reduced to per cent, money flooded into investment stocks. In view of the enormous capital requirements still unsatisfied the Economist does not anticipate that there will necessarily be a steady unchecked recovery in gilt-edged stocks to the prices of several years ago, nor are they satisfied that the period of cheap money will last. — N.Z. Trade Review, March 19,