GENERAL CABLES.

Stratford Evening Post, Volume XXXVI, Issue 54, 9 July 1913, Page 6

GENERAL CABLES.

ANARCHY AMONG SOCIALISTS

[By Electric Telegraph—Copyright] [Sydney Sun Special Cable.] London, July 8.

At the annual conference of Fabians, the necessity was emphasised for socialists to grapple with the anarchy which was thei; ranks. ■:• i•■ >• FRENCH ARMY SERVICE. [By Electric Telegraph—Copyright] . [United Press Association.] (Receive 9.15 aim.) Paris, July H.

The Chamber of Deputies adopted the three years' service clause by means of the closure.

FAILURE OF BANKING HOUSES

(Received 9.30 a.m.)

New York, July 8

The first and second National Bank of Pittsburg, the first National Hank of McKeesport, the American Waterworks Guarantee Company, and the banking house of J. S.. and W. R. Kuhn have been forced into the hands of the receivers owing to the failure of the first-named to open its doors yesterday morning. (Received 12.55 p.m.) There is no excitement over the Pittsburg bank failure. The run on the Savings Bank continues. There is plenty of cash and assets. The affair is not thought to be serious.

LONDON WOOL SALES. (Received 11.25 a.m.) London, July 8. At the wool sales there was a better selection, with good Continental competition. Merinos were very firm, others being unchanged. . THE SHARE MARKET. Shares.—Union Bank £52 to fiS4, Bank of New Zealand £lO 10s to £ll ].os. Silver 26 13-l Gd. THE INSURANCE ACT. Dr. Latham, of St. George's Hospital, in a speech before the Sanitary Institute Congress at Exeter Samtorium, said the benefit arising since the Act was a disappointment. It was mainly a re-christened form of outdoor relief. There was scarcely a district in England with a working scheme on the lines of the Astor report.

DEEP-SEA TRAWLING. In consequence of Australia's experience, the Uruguayan Government has ordered a deep-sea trawler similar to the Endeavour to investigate the fisheries off the River Plate.