Show I DROP IN ID BREWERY STOCKS I Licensing Bill Has Bas Worked Havoc With One of Great Brit Blit ains Bulwarks London March 1 Seldom has the promise of legislation worked such havoc with trade as has the licensing bill with the brewing interests Stocks in all the breweries including the fore foremost foremost foremost most companies went down on Friday and Saturday to amazingly low rates rat s I until they could not be sold at any I price The shrinkage in the nominal no nal value alue I of oC brewing properties is estimated at about The stocks in the leading companies compani s have fallen as much muchas as 50 per pet cent some more than that in two days das Naturally there Is a panic among the brewers and they and the publicans are sending up a strong outcry against the I I bill Many among the laboring classes are supporting them but the temper temperance temperance temperance ance societies are highly pleased with the situation Sir Thomas Whittaker in a State Statement statement statement ment supporting the bill points out that the fhe sales of liquor annually in England and Wales have decreased in a decade He says None can pretend that this trade has a vested Interest In the Insobriety of or the nation and that it is entitled to complain if the profits which are arc drawn largely from the demoralization of the people are withdrawn |