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7/9/35
Lists of importers and dealers handling electrical supplies and equipment in the following countries have been com¬ piled by the Commercial Intelligence Division from data prepared and submitted by American consular officers abroad under the dir*ection of the Secretary of State. Copies of these circulars may be obtained from the Bureau of Foreign and Domestic Commerce, or from its District and Cooperative Offices. Price 50 cents each:
Siam Jamaica
Trinidad (including automotive equipment)
Similarly, a list of importers and dealers handling radios and radio equipment in Nicaragua has been compiled by the Commercial Intelligence Division, copies of which may be obtained from the Bureau of Foreign and Domestic Commerce, or from its District and Cooperative Offices at 50 cents each.
Nikola Tesla, physicist and inventor of modern power transmission methods, promised on the night of July 7th that on his 79th birthday, which is tomorrow, (Wednesday, July 10), he will announce a new invention which he said experts had been seeking "for the past 100 years", an A.P. report sets forth. From his guarded statements it was believed that the new inven¬ tion would have something to do with wireless transmission of power. He said his newest is his greatest invention.
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CABLE & WIRELESS (HOLDING) , LTD. , TO REDUCE CAPITAL
The Court of Directors in England has considered the possibility of applying part of the liquid resources of the Group in reduction of the amount of the paid uppreference capital of the company and has decided that without prejudice to the business, and after providing for all probable contingencies,
L7, 739, 625 could be so applied, the Electrical Review of London reports. Inasmuch as the 5-g percent cumulative preference stock is entitled to priority over other stock, any repayment of the capital from the assets of the company must be a repaying of a proportion of such stock. The company now offers to purchase at par (up to June 25) onethird of the 5^ percent cumulative pre¬ ference stock, together with all arrears of dividends thereon, and the stock so purchased will be cancelled and the capital of the company reduced accordingly.
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