LATE CABLES.

Feilding Star, Volume X, Issue 75, 22 December 1888, Page 2

LATE CABLES.

«. By Electrite Telegraph.— Copyright. (PER tXKITED RSESS ASSOCIATION.) London, December 20. Arrived— Cingalese, barque, from Lyttelton, September 29. . The action of the Prince of Wales - \ in connection with the djsbandment of the Honorable Artillery Company of London is adversely commented on, and it is expected that the company will be reorganised. The wool market is quiet. The new arrivals for the next auctions amount to 100,000 bales. The market rate of discount is 4£ per cent. The total reserve in the Bank of England is £11,200,000, being an increase of L 120,000. The proportion of the percentage to the liabilities is 40 per cent. Mr Giffen, the statistical and financial authority, in the course of his lecture at the Royal Statistical Society, stated that the rise in the value of gold must affect the payment of loans. Another result of this appreciation, he considers, will be that the Australian colonies will find the payment of the interest a source oi trouble m the future. Sydney, December 21. The weather throughout Australia is generally broken. The Babbit Commissioners have adopted their report for presentation to Parliament. The report deals extensively with the various experiments, and, as far as the experiments have gone, they tend to prove that M. Pasteur's remedy is totally! inefficacious. Under the conditions prevailing in the interior of the continent the microbe loses its virulence after a few hours' exposure to moderately warm weather, or when subjected to the drying effect of the wind. The disease sarcopets cunicuh, discovered by Professor Watson, and others are dealt with. With regard to the bladder worm, it is said that it cleared the Wairarapa district of rabbits, and. > the Commissioners recommend that further investigation be made into this disease. Bbisbane, December 21. A pedlar was brutally murdered at Charters Towers to-day, and three foreigners have been arrested on suspicion of being concerned in thft murder. Thubsday Island, Deo. 21. The steamer Bucephalus, from Wellington and Dunedin, passed here today, and Bent word ashore that they had lost four of the shipment of horses. News by the 8.1. N. Co's steamer states that the relations between China and Corea are stilt strained. The Chinese Government refuse to recall Yuen, the Chinese Resident at Leone, against whom Judge Denny made serious charges, as the Viceroy's satis* fied with Yuen's conduct.