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"Lhakagb" in a Tbl-okaph -J-DAUT joint.—The report of the Board i».ppoin_-d to inquire aa to leakage in the South Aus tralian Telegraph Department has been dealt with by the Government, and four operators have been dismissed. One operator last year bought and sold .£40,000 ■worth of stock. One instance of leakage of important messages was as follows:— On the 6th March last Mr Horroeks telei«raphed from Hobart to Mr Irwin, of Adelaide: "Buy quickly to-morrow any part of 10,000 Adelaides, best under 13s. Struck immense carbonate lode; bulk assay b'OOoz.' This was a bogus telegram sent in pursuance of an arrangement previously proposed by Horroeks by letter to Irwin, under date March 3rd, and was intended as a test of the secrecy of the telegraph office. For a couple of months previously little had been doing in this stock, the price ruling »o 7s. Mr Irwin did not receive the telegram till late on tbe following morning, but on the evening of the 6th Herbert Fisher, in the Telegraph department, operated largely in these shares. The contents of the telegram had been known to two operators, Bradshaw and Madderforde. Fisher admitted that he had made a purchase of shares for another, but failed to give the name of his principal. Treat your gaests- to a cup of " Matchless " tea, and your parties will never be dull-

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP18910515.2.34

Bibliographic details

Press, Volume XLVIII, Issue 7864, 15 May 1891, Page 5

Word Count
226

Untitled Press, Volume XLVIII, Issue 7864, 15 May 1891, Page 5

Untitled Press, Volume XLVIII, Issue 7864, 15 May 1891, Page 5

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