CABLE NEWS.

Ashburton Guardian, Volume V, Issue 1062, 28 January 1884, Page 2

CABLE NEWS.

'.AThST FROM EUROPE. [REDTRR’h TELEGRAMS —COPYRIGHT. ] Fatal Shipping Disaster. London, Jan. 26 A disastrous collision has occurred in the Channel, near the Needles, Isle of Wight, between the ships Simla and City of Lucknow. The former sank rapidly, and twenty-two of the passengers and crew are reported missing. A Proposed Conversion. It is proposed to convert the Oriental Bank Corporation into a Limited Liability Company. The Transvaal. It has transpired that Lord Derby has refused to accept the compromise suggested by the President of the Transvaal, in order to bring about a modification of the Transvaal frontier on a basis satisfactory to both Governments. Obituary. The death is announced of the Mar» quis of Hertford, aged 72.

9 The Ebert Bill. ~ ~ Calcutta, Jap. 25. The Criminal Jurisdiction Bill, introduced by C. P. Ilbert, has now been finally passed by the Council and Governor-General of India. The measures provides that Europeans in country districts shall be subject to the jurisdiction of Native Magistrates, but that the prisoner shall be entitled to a jury consisting of a majority of Europeans. Mining Explosion. , New York, Jan. 25. Intelligence is to hand from Denver, Colorado, of a terrible mining disaster near that city. An explosion of fire damp has occurred in one of the local coal mines, and so far as has been ascertained fifty-seven miners have been killed. [Received Jan. 28, 12.30 p.m.] Monetary and OommerciaL London, Jan. 26. Consols to-day are quoted at iooj£, being an increase of }£. New Zealand securities as follows:—Five per cent 10-40 Loan, 105; Five per cent 1889 Loan, 103; Four and a half percent 1879-1904 Loan, xoij£; Four per cent. Inscribed Stock, 100. Colonial breadstuffs—Adelaide wheat, ex store, 44s ; Nfew Zealand wheat, ex jtore, 36s to 425; Adelaide flour,'ex store, 313. The total quantity of wheat afloat for the United Kingdom is 1,800,000 quarters, being a decrease of 80,000 during the week. Australian • tallow—-Beef, fair average qv-'Miy, 39s 6d; mutton, ditto, 42s 6d. Best Sydney sun-dried copra remains at Ll 9; best Australian leather, ioj^d.