USVI Public Records

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uppiement 0 St. Croix Avis, 30 th Aug. 1923. TELEGRAMS. ST. CROIX STATION. Berlin, Aug. 26th.— An lwperial de- cree just issued under the government’s emergency measure programme, 2 ouf- line of which was made known several days ago, orders public companies to surrender the equivalent in foreign securities of two geid marks, and other public bodies and private persons the equivalent of one gold mark, for each ten thousand marks for which they are assessed under the tax to provide food- stuffs. Payment must be made before September 15th if the foreign securities were in their possessicn between Augzust I)th and IZih, but the measure does not apply to those possessing only ten gold marks. The funds thus derived are in- tended to finance the buying of necessary food and coal abroad. Measures also will be taken to accumulate raw materi- als and other supples in excess of the customary quantities. This tax will be collected by the surrender of foreign enrrencies and securities, one dollar be- ing reckoned as equalling 4.20 gold marks. Foreign securities will stand on a par with German imperial gold curren- cy, gold bars and siiver ingots. The tax- payer will seceive in exchange a strip of stabilization loan, orof the German im- perial gold loan reckoned at five percent less than the current price ol the day when the foreign securities are sur:en dered. The taxpayer will be given the alternative of survendering paper marks at the dollar rate of exchange and will receive therefor a credit in dollars vaiid for the payvment of any imperial taxation. If foreign securities are surreudered be- fore September sth, for every hundred marks thus surrendered 115 marks will bhe ciedited. Failure to make statutory declarations of holdings of foreign cur- rencies entails a fine not to exceed the equivalent of two gold marks for each ten thousand marks and imprisonment not exceeding six months. In very grave cases penal servitude up to five years, with an equivalent fine, may be inflicted. Wilful misstatements will be punishabl2 by ten years servitude. To insure rhe payment of fines, the decree provides thata delinquents entire property may be seized. Managua, Aug. 27th.—More than a million dollars damage has be2n done by hurricanes which recently swept the Atlantic coast of Central America. Elpaso Mexico, Aug. 26th.-——Two per- * sons were killed, seven were severely injured and a score slightly hurt ina flood which did $1,000,000 damage to homes in the lowlands of Juarez across the Rio Grande from here on Friday night. Glasgow, Aug. 25th.—The British -~ yacht “‘Coila’”’today defeated the United Str'es yacht ‘‘Lea’” in the first of a se- .. of five races for the Seawanhaka Cup which the British won in the United States waters last September. The Lea’s mast snapped during the race and she withdrew. The heat was sailed over the King’s Course, on the Clvde. ~ London, Aug. 27zh.—Queen Marie of Ru »ania is again engaging the attention of Europe’s courts ard chancellories with her political and diplomatic activities and her arrival in London this week is await- ed with much interest, for it is known that her visit will be something more than a mere social ecall on her Royal cousins, King George ¢nd Queen Mary. Queen Marie is anxious to induce the British Sovereigns to recognize lter son- in-law and daughter as King and Queen of Greece, in w .ch positions they were placed after _ne revolutiom which over- threw King Constantine. She would also like to find a suitatble wife for her voung- er son, Prince Nicholas who is just twen- ty. In this connection friends ot the Queen believe she would not be averse to Nicholas accepting the throne of Albania which is known to be open to him. I¢f he took the Albanian crown, it is pointeda out, Queen Marie would be in a position to achieve her long cherished ambition of erecting a powerful Balkan Federa- tion. New York, Aug. 27th.— The esrly raw sugar market was firmer, with Cuba’s advancing 1/8 cent to the basis of 4% cents cost aud freight, equal to 6.03 for centritugal, while 14,000 bags of Porto Rico’s sold from 6.00 to 6.3 for c2ntri- fugal. The sales included 15,000 bags of Cuba’s and 6,000 bags of Porto Rico’s, for first half September shipment, tu a local refiner. The advance in the spot market and reports of a better ioquiry for refined sugar, as well as a firmer market abroad lead to increased covering and buying for both trade and outside account in the raw sugar futures market, Prices at miaday were 8 to 17 points net higher. The market for refined was firmer, reflecting the advance in the spot market and prices were unchanged to 25 points higher, with fine granulated now guoted from 7.50 to 7.75. A better en- quiry was reported. Refined futures were nominal, London, Aug. 27th.—A French passen- ger aeroplane crashed tonight near Maid- stone, One passenger was killed and the pilot and nine passengers sericusly in- jur:d. Engine trouble developed dur- ing the flight and this decided the pilot to make for the west Malling airdrome. It is believed he would have executed a safe landing but the passengers in a panic rushed to the rear of the machine over-weighting the tail and deprived the pilot of control. NEW YORK, Aug. 28th. Flour, (hard winter clears $5.35. . hard winter straights $5.85 Meal, Kilrdried per 100 pounds $2.25. New Season’s Pork per barrel $37.00. Heavy Mess Pork per brl. §24.75 Sugar—Crystals maximum per 100 lbs. $5.81 Mclasses Sugar 89 maximum 4.78,