GENERAL CABLES

Hokitika Guardian, 10 December 1929, Page 5

GENERAL CABLES

COMPANIES A 1 I Ell GER. i United Press Association.—By Electrio Telegraph.—Copyright.) (Received this day at 12.25. p.m.) LONDON, .December 9. Amalgamated Metal Corporation Ltd., Las been registered with a capital of half a million to acquire British Metal Corporation Ltd., and Terry Gardener Company Ltd. The directors include Sir Auckland Geddes and W. S. Robinson. PRESENT TO THE NATION. DR. JOHNSON’S HOUSE. (Received this day at 11 a.m.) RUG BY, Dec. 9. Cecil Hnrneswortli lias presented to the Nation diis house at 17 Gaugli Square London, which Doctor Johnson occupied from 1748 to 1759, and in which he compiled a greater* part of his diary. THANKS OFFERING FUND. LONDON, Dee. 9. Tlie Thanks Offering Fund for tlie King’s recovery closed at £689.579, of which £187,012 was handed over to the Radium Fund, enabling it to claim the Government grant of £IOO,000, tlie balance being distributed amongst various charities and hospitals. A NEW CHAIRMAN. LONDON, Dec. 9. Air W. Limn, under-Secretary for Dominion Affairs was appointed Chairman of the Overseas Settlement Committee WHEAT CARGOES. LONDON, Dec. 9. Cargoes opened easier, sellers giving way 6d. Reports that rains had delayed tlie Argentine harvest were disregarded. The market closed with the tone dull Parcels were obtainable (kl easier, hut- no business was reported. Futures: London, Dec. 49/7, Jan. 49/10, March 50/9]; Liverpool, Dec. 9/2], March 9/9, Alay 0/llf, July 10/. HOUSE OF LORDS. LONDON, Dee. 9. In tlie House of Lords, Lord Elibank stated Britain was at the parting of the ways. Unemployment was rife and becoming worse. Trade was declining and protective barriers were being established against British exports, throughout the world. It was becoming more and more difficult for British trade to penetrate America and Europe. There was a larger trade from tiie United States with tlie Dominions and Colonies than from Britain, yet tiie Government was content to amble along the old free trade path with an . occasional palliative only touching tlie fringe of the problem,