GENERAL CABLES

Nelson Evening Mail, Volume LVI, 7 April 1924, Page 8

GENERAL CABLES

. (By Electrio Telegraph.—Copyright.) (Australian and N.. ('able Association.)

LONDON, April 4 Prince Henry, riding Ocean the Third, won Royal Hussars’steeplechase at Arberfield Cross. LONDON, April 5 The Financial editor of the Observer says that though the Queensland disputes have been satisfactorily settled London magnates, are holding hostages for the full performance of Mr Theodore’s promises by limiting the response to Queensland’s needs to a short term loan on’somewhat onerous terms. If London is satisfied that the promises will be carried out Queensland will later have the option of holier terms. i NEW YORK, April 5 Sterling reached 434 cents. representing a nett gain of three cents i:t » a single day. A receiving order in bankruptcy was made in-Oldham County Court against Sir William Hopwood, formerly known as the "Cotton Napoleon.” lie began work at the age of eight in a cotton mill and became a director of thirtyone companies. It is reported that his transactions in the cottfun boom of 1920 amounted vto £30.000,000. It is. i estimated that he gave £50,000 to charities. An c-ai’lier receiving order was rescinded. the -creditors then being fully paid up.