CABLEGRAMS AND WIRELESS

Greymouth Evening Star, 28 July 1932, Page 8

CABLEGRAMS AND WIRELESS

NEWFOUNDLAND’S LOAN.

[by CABLE —PRESS ASSN. —COPYRIGHT.]

ST. JOHNS, July 26.

A syndicate of Canadian 'banks today announced they would advance to the Newfoundland GjoYernment one hundred thousand dollars, which it' required to finance a programme o: work to relieve the unemployed.

EX-KING MANOEL.

LONDON, July 27

The British cruiser Concord sails from Portsmouth with the body of exKing Manoel, of Portugal, on Friday, in order to arrive at Lisbon on August 2. Two destroyers will escort the Concord as ' far -as the Nab. In Lisbon, President Carmonia is personally Supervising the civil arrangements for the funeral, and he has invited all of the members of the Diplomatic Corps to attend. OIL PRICES TO RISE. . PARIS, July 27. As the outcome of the Conference, it is reported that 25 per cent increase in oil prices is likely ffom October 10, but this is dependent upon Roumania’s ratification of the Conference agreement. ASPRO TAXATION APPEAL.

LONDON, July 27.

The’ Privy Council dismissed with costs the appeal of Aspro Ltd. versus the Commissioner of Taxes, New Zealand.

CONVERSION LOAN: LONDON, July 27. The final rush to secure the bonus on. the war loan has commenced, the biggest conversion of the day being £734,000 by the Scottish-Australia Investment Company. It is, believed that large numbers are postponing their applications to the last moment. The stimulating effect of the conversion on all securities is shown in the “Bankers’ Magazine,” which states that 365 leading stocks appreciated in capital values to the extent of 273 million sterling during the month ending July 20.

KING AT COWES.

RUGBY, July 26.

The King and Queen, on arriving at Cowes in the Royal yacht “Victoria and Albert” this afternoon, were received with Royal salutes from the guardship “Malaya,” which afterwards fired a salute of fifteen guns when the King’s flag, as Admiral, was hoisted on his racing yacht “Britannia.” Their Majesties motored to Ventor and visited Lord and Lady Jellicoe. U.S.A. VETERANS. WASHINGTON, July 27. 'Seriously concerned over the remnant of tho “Bonus Army” camped on Government property here, the Federal authorities, to-day, considered the course of procedure to evict them, and embracing the possibility of martial law as a last resort. WORLD CONFERENCE. WASHINGTON,' July 27. Doubt that the proposed world economic conference can be held before the late autumn, was expressed today, by Ambassador Mellon, who said ho thought that the conference could not bo held - in the immediate future, because Britain was occupied with the Ottawa Conference, and such a parley would entail much preparatory work.