GENERAL CABLE NEWS.

Gisborne Times, Volume LXIV, Issue 11012, 27 January 1926, Page 5

GENERAL CABLE NEWS.

WHEAT CARGOES MARKET. (Received Jan. 26, 8.30 p.m.) LONDON, Jan. 25. Wheat cargoes are dull, being sixpence to a shilling easier, due to lack of buying pressure to sell River Elate grain and free Russian offerings. Parcels are of moderate inquiry at threepence to sixpence clineA DESTRUCTIVE BLAZE NEW YORK, Jan. 25. A fire at the Bolling field army aviation station destroyed nine airplanestivelve motors and a hangar. The estimated damage is three hundred and fifty thousand dollars-—Reuter. ROYAL HOSPITAL SCHOOL TO BE REMOVED. LONDON, Jan. 26. The Royal Hospital School at Greenwich, which is the oldest naval school in the country, is transferring to Suffolk, as the result of the munificence of Mr G. S. Reade, a Suffolk landowner, now in New Zealand, who has given an estate at Holbrook of nine hundred acres to the hospital. THE ANGLO-ITALIAN DEBT. LONDON, Jan. 25. An agreement has been reached on broad lines for funding the AngloItaiian debt The drafting committee meets to-morrow to settle the points in detail. v ' Later. Regarding the terms of the AngloItalian debt settlement S. Volpi, interviewed, admitted an agreement on the fundamental points. He tactfully evaded the question whether the agreement was satisfactory to Italy, also lioiv it compared with the American settlement, but well-informed circles are of opinion that annuities of four and a-half million sterling will begin to be paid > immediately.— A.N.Z.G.A.

PROBLEM OF “PASSPORTS. (Received Jan. 26, 7.10 p.m.) LONDON, Jan. 25. The League of Nations has been requested by the Passports sub-Com-.mittee to convene a conference to discuss the sub-Conimittee’e agenda, including the best means of achieving or hastening the abolition of the passport regime,■ which, meantime, contains minimum validity for two years, also the abolition of transit’and :bptpap'ee;visas;.:anXl-hetterorgapisa-;f ion ~ and exajrnhrttfqn ;of ,pa sspqrts. af>' frontiers. • An;'annexe- toy-tlie :report suggests the -iekue-of: an • identity "book, > eithdr gratis-or at a nominal charge to migrants' in- place 'of* a-pa'ssport.