GENERAL CABLE NEWS.

Oamaru Mail, Volume XLIV, Issue 14039, 23 April 1920, Page 4

GENERAL CABLE NEWS.

{Bt EfcECTRIC TEtkCBAPH—CoPrRIOHT.J. (Per Presa Association.) NAVAL PRIZE FUND. (Ati 3. and N.Z. Cable Asan.) Beccived April 23, at 8.50 a.m. LONDON, April 21. The total amount- of the naval prize fund .at present is £.5.600,000, which will suffice to make one share worth 50s. It w officially that the final amount is not yet estimable, but some unofficial estimates place the figures as high as £10,000,000. Distribution bcgms forthwith. VESSELS IN DISTRESS. (Aus. and N.Z. Cable Asm.) Received April 2:1. at a.m. LONDON. April 21. A wirefes.4 message from Mauritius states that the steamer Pa!ma is towing the Aastralmead. which was disabled by heavy sens which swept her decks and carried a mooring roj»> overboard so that it fouled the propeller. The Palma later lost the ton-line, but is endeavoring to pick it up. OUR NEW GOVERNOR-G FINER AL. (Aus. and N.Z. Cable Asm.) Received April 21, at *.50 a.m. LONDON. April 2t. Lord .Telticoe will sail for New Zealand early in August, via Panama. SOCIETY SCANDALS. (Aus. and N.Z. Cable Assn.) Received April 23. at 5.50 a.m. LONDON. April 21. Lady George C'hofmondety has obtained an undefended restitution decree. She was formerly Mrs Stirling. This recalls the sensational 190!? case in which the late Mrs Atherton_ and Lord Northland.. Lord Ranfnrty's son. were mentioned. FRENCH VINTNERS DISTURBED. fArts. and N.Z. Cable Assn.) Received April 23, at 10,:V> n.ni. PARIS. April 22. The British wine ditties have caused consternation anions the winegrowers, for it is believed that they practically amounb to prohibition. The National Wine Association has been summoned to consider tfw» sitn.ir.ion. ALSACE-LORRAINE UNSETTLED. (An». and N.Z. Cable Assn.) Received April 23. at 10.3,3 a.m. PARIS. April 22. There is a general strike in AN.ireLorraine. The gas supply ha* ceased at .StrasHbnrg. as also have the trams, and the newspapers have not appeared. GERMAN LOAN IN AMERICA. <Aas. and N.Z. Cable Assn.) Received April 23. at 10.3.3 a.m. PARIS. April 22. The Echo de Paris learn- that the town of Darmstadt has concluded a loin of tf>,ooo,ooo marks with the Zimmerman Rank,'of New York. This is the first German loan issued a.broad since the- war. GERMAN REVOLUTION. (An 3. and N.Z. Cab!" Assn.) Received April 23. at 1»>.35 a.m. PARIS. April 22. A Frankfurt telegram states that during the last five days eight battalions of Eren'-Fi troops have been withdrawn.

AMERICA AND THE TREATY. rAos. <"> nd N.Z. Cable A\sn.) .ftf.ceived April 22, at p.m. It is understood that President " 11son, in view of the henatt* s attitude in. regard to Peace. has. decided riot to interfere further in European affairs, and: to send no> farther notes. VENIZELOS THREATENED. lAns. and N.Z. Cable Ass=.) Received April 22. at -~5.•"» p.m. ATHENS. Apnt 21. ■ The Italian and Greek Governments have been informed of the existence of a plot to assassinate M. enizelos at San Remo. LABOR DELEGATION FOR RUSSIA. (Aus and N.Z. Cable Assn.) Receive*! April 2:}. at I.W a.m. LONDON. April 22. A Labor delegation is leaving for Russia. on April 27. It will include Robert Williams, Ben Turner, Mrs Snowden. Margaret Bondtef-d. and Tom Shaw. M.'P. The Soviets offer the fullest tanlifcies for investigation, the of which will be reported to the June conference of the Labor Party. LONDON' S CLOTHES PROBLEM (Aus. and N.Z. Cubit* Assn.) Received April 23. at l.3f> a.m. LONDON, Apnt *!■ The Daily Mail states that the rapid rise in the price* of clothes is incensing City men. It states that a. group of ' stockbrokers, bankers, lawyers, and others will start on May 3 a. movement of protest similar to that in America. Thev will don engineers' overalls and dungarees. The tailors demand from 19. to 20 gutneus for a lounge suit, and *ii,y that higher prices may be expectod. They accuse- the manufacturers ot gross profiteering. THE BUDGET. (Ans. and N.Z. Cable Assn.) Received April 2H, at !?.2-> amLONDON, Apnt 21. The mercantile community is strongIv opposing the increase in Profits Tax. Mr Manvilte M.P., President of the Associated Chambers ot Commerce, fch** unnital niwtuip* strongly Condemned the tnrcpsw, which he said was bound to seriously handt- | cap the" rountrv's trade. . The Council of Federation of Bntish Industries passed » resolution protesting against fch'» tax. and the National Union of Manufacturers is arranging 1* protest at the Guildhall. A prominent financial authority states that while the increase nuiy nmse some diminution in the flotation of new industries, the falling off will not be sufficient, to improve the monetary position as .affecting the forthcoming" Colonial issues. The tone of the Stock Exchange has improved on the impression that th>>' proposal wilt modified if not withdrawn.