FINANCE AND COMMERCE.

Taranaki Daily News, Volume LVI, Issue 80, 29 August 1914, Page 5

FINANCE AND COMMERCE.

OEIUMX firms prepared for WAR. AT !;K!T.U\'> KXPEXSE. August 27. I'll' I'Hi.mcial «ivs tliat at the ,ow "* 1 amount of bills an d n jii.u). c» circulated in London bv German banks at the outbreak of war was eighteen millions sterling Germany deliberately and systematically exploited London for her own benefit and England's injury. She had been unloading on London and Xew York for months previous to the war. Every manufac. tilling city in the Kingdom is landed TiitMierman bills for large purchases of goods. The Bradford share is eight millions sterling. German accounts are the main obstacle to the renewal of business of the Stock Exchange .

| IMPATIENT IRISHMEN'. SPOILING TOR A FIGHT. Tiim , »-&.\<incy Sun Special Services. Received 28, G. 40 p.m. London, August 28. Tiicrc was a remarkable scene at Chelsea Barracks, where the Irish Guards are quartered, upon intimation being received that they were being transferred to a destination unnajned. \Yhcti thev learned that they were only going to 'another depot, the men shouted, "We want to go to the front!" The officers urged the men to have patience.

XEW ARMY OOUKCIL. ' Time.i and Sydney Sun Services. London, August 27.

The personnel of the naw Army Council lias been gazetted. It is: Lord 'Kitchener, General Sir Charles Douglas, •John Cowans, Brigadier-Gciieral Stanley von Donop, and Messrs Tennant and Baker. A SUSPECTED SPY. Received 28, 6.5 p.m. London, August 28. William Whitehead, a naturalised Englishman, a hotel proprietor, was charged in the Court at Dover and was remanded to Harwich. Evidence was

given that his pigeons were released at the same time that submarines and torpedoes departed. m'H.i.A.vrys heal neutraixit. Times and Sydney Sun Services. London, August 27. The Times, in a leader, says that Holland has scrupulously performed her duties as a neutral country. "We are convinced." the paper , adds. of her honest desire and intention to perform them, and whether Germany will permit her remains to lie seen. "With the exception of the actual beligerents. Holland has already suffered more from the effects of war than any other country."

Tlic War Office denies tliat prisoners of war are better foil than the soldiers. U>NIMX STOCK KXCHAXCE. London. August 27. The Hankers" Magazine states Hull during the ti'ii ilavs prior to closing- the sto.'k Kxeliaiigr on July 30. 11.57 representative >toelcs depreciated l.v iIIST.W2.01M). The British funds >ho\veil a loss lor the month of forty-four millions. and foreign Government securities l.y f.irty-seVL'ii millions. IX 'l'll' IMPERIAL PARLIAMENT. IJeii'ived '2B, fi.s p.m. London, August 27. The Patents Bill (enabling German patents to he manufactured in Britain) passed tile House of Commons. - Mr McKeiina, in reply to Mr Outliwaite, said no spies had been shot in Great Britain.