GENERAL CABLES.

Taranaki Daily News, 25 October 1921, Page 2

GENERAL CABLES.

’ INDIAN RIVERS FLOODED. By Telegraph.—Press Assn.—Copyright. Delhi, Oct. 23. Abnormal rainfall has caused heavy floods in thp frontier rivers. Four parties of Indian troops were caught by the floods and 21 men were drowned. MR. BOTTOMLEY DISTRESSED. London, Oct. 23. Mr. Bottomley has issued a statement in reply to Mr. Justice Sargeant’s stricture. He declares he is greatly distressed by Mr. Justice Sargeant’s observations, and repeats that every member of his clubs will be paid-in full. Mr. Bottomley states that he is • ready to produce all the books for the receivers. STEEL RAILS CHEAPER. New York, Oct. 23. The United States Steel Corporation announces another heavy price reduction. Rails have been reduced from 47 to 40 dollars per ton. MALTESE PARLIAMENT. Jjondon, Oct. 23. Elections for the Legislative Assembly of the first Maltese Parliament resulted in the return of thirteen of the Pan-Zov-ecchian Party, seven Constitutionalists, ■ four National Democrats, and one Independent. Howard, leader of the PanZovecehians, is forming a Ministry.— Reuter. AUSTRALIAN NEWS. WHEAT POOL ARRANGEMENTS. By Telegraph.—Press Assn.—Copyright Sydney, Oct. 24. The Herald states that the Government wheat pool is financed by a shipping syndicate headed by Lord Inchcape. Mr. Dooley gives this an absolute denial, and explains that £5,000,000 was raised through the Agent-General in the ordinary way. Dalgety’s are handling and chartering shipping, also arranging , for the disposal of the wheat abroad. Referring to the commission to be ' paid, Mr. Dooley added that two other shipping firms rejected the offer accepted by Dalgetys. CATTLE SHIPMENT LOST. Perth, Oct. 24. Vestey’s, Ltd., shipped .500 cattle from Kimberley (North Queensland) by steamer to Manila. The shipping took four days and, as a result of improvised stalling, the whole of the cattle died from exhaustion.