GENERAL CABLES.

Taranaki Daily News, 17 March 1921, Page 8

GENERAL CABLES.

TOP-MAKING PROFITS. By Telegraph.—Press Assn—Copyright. London, March 15. The Profiteering Committee, which has been investigating the wool topmaking trade, reporting on the basis of the examination i)f the books of five' tints, says the average profit for 1912 was under Ad per lb. By 1913 the profit was 9d, which wao reduced to 6d after the deduction of the excess profits tax. The percentage of net profits on the capital employed increased from 15 per cent, in 1912 to 39 per cent, in 1919, after deduction of the excess profits tax. The committee adds that top-making is highly speculative. A BERLIN CONSPIRACY. Berlin, March 14. An attempt has been made to blow up tim Victory Column and six German accomplices in the conspiracy haye been arrested. It is believed that part of the conspiracy was to assassinate several prominent Germans. Sixty thousand marks have been offered for the discovery of the perpetrators. THE THRONE OF MONTENEGRO. * London, March 15. Prince Danilo has renounced the Montenegrin throne in favor of his nephew Michaila, who ,is now completing his education in England, Queen Milena will assume the Regency. GERMANY AND DISARMAMENT. Berlin, March 15. Considerable uproar arose in the Reichstag during the debate on disarmament when the Communists vehemently denounced the attitude of Bavarian Nationalists.—Auk.-N.Z. Cable Assn. ATLANTIC AIR SERVICE. London, March 14. Plans have been drawn up for gigantic trans-Atlantic flying ships driven by four 1000 horse-power engines. They will be luxuriously fitted for 100 passengers and starting fr\>m the Thames will be capable of reaching New York in 40 hours. RUSSIAN REFUGEES. Paris, March 15. Russian refugeqs on lioard five of Wrangel’s ships lying Margfcilles are in a deplorable condition and on the verge of starvation. They Delong to all classes-. Many of those included in the crews formerly moved in the best Russian society. All are without money. The French Government is supplying i food and rations. AMERICAN TARIFFS. Washington, March 15. Members of the Senate Finance Committee and the House Ways and Means Committee are conferring on tariff legislation. They have agreed to abandon the Emergency Tariff Bill in favor of an anti-dumping measure, which Congress will be asked to pass immediately when it meets in April. Duties under the proposed new Bill will be based on the value of goods- in the American market rather than their value in their country of origin. BRITISH MISSION TO AMERICA. Washington, March 15. Officials are informed that the British Government is organising a special mission to send to the United States shortly to discuss the association of nations, disarmament, German reparations and Britain’s indebtedness to America. In connection with the rumored British Mission it is thought that, in view of the fact that France is sending M. Viviani, President Harding may await the result of these conferences before declaring his foreign policy.