GENERAL CABLE NEWS

Gisborne Times, Volume LXIV, Issue 10489, 14 October 1926, Page 5

GENERAL CABLE NEWS

FRENCH BUDGET

(Received Oct. 13, 7.20 p.m.) PARIS, Oct. 12. The twelfth Budget shows that the revenue for the current year is estimated at 39,950,000,000 france and the expenditure at 39,382,000,000 franc's. Of the revenue 2,375,000, 000 francs, including 1,542,000,000 francs from reparations is earmarked for the payment of foreign debts; 3,133,000,000 francs and 3,500,000,000 francs from the recently .created fund are to be available for internal debt redemption. The sum of 500,000,000 francs will be devoted to an unpublished scheme to increase national production and adjust civil servants’ salaries.—A. and N.Z.C.A.

CASTLE BURNED AND CARETAKER FOUND SHOT.

LONDON, Oct. 13

Onner Castle, in County Tipperary. was burned down. The caretaker was found shot in the coach house nearby. MARSEILLES-ftIADAGASCAR FLIGHT. (Received October 13, 5.5 p.m.) PARIS, Oct. 12. blight Lieutenants Bernard and Guilband have left Marseilles, on a flight to Madagascar.—A.N.Z.C.A.

“LORD NELSON’S” MAIDEN TRIP

(Received Oct. 14, 1.20 a.m.) LONDON, Oct. 12. The “Lord Nelson”, England’s most powerful locomotive, made its first public appearance when it drew the Atlantic Coast express from Salisbury to London. The maximum speed (attained was 83> miles per hour and 84 miles were covered in 85 minutes. The engine weighs S 3 tons and is designed to draw trains, up to 500 tons.—A. and N.Z.C.A. ,

TWO QUEENSLAND STAAIPS SELL FOR £IOO.

LONDON, Oct. 13

Seven Queensland stamps of the face value of 2s lid realised £173. Two Queensland first issue twopenny blue, stated to be the'only rmjr in. existence, fetched £IOO at a London sale.