CABLE NEWS.

Feilding Star, Volume XI, Issue 83, 7 January 1890, Page 2

CABLE NEWS.

» — . . By Electric Telegraph. — Copyright jI'KH UNITED IRKS* ASSOCIATION ( London, January 4. Westgarth's Circular urges Victoria to defer borrowing: even a third of the amount originally proposed. Benzr.n, the Jaibilee Plunger, who wa? recently adjudicated a bankrupt, 18 absent at Monuio, and refuses to attend the bankruptcy proceedings. The authorities threaten to issue a warrant for his arrest. The iron market is excited. Marked bars have risen 10s- per ton. Glasgow pig iron is quoted at 665. Galvanised iron, Orb and Gospel Oak brands, £20 per ton. H.M.S, Warspite, 10 guns, 8400 tons, replaces, H.M.S. Swiftness on the Pacific Station. Slavin announces that be will make an early retirement from the ring. Australian wheat, ex warehouse, is quiet at 39s 6d ; New Zealatid long berried wheat, ex store, also quiet at 37s 6d. January 5. Mr Gladstone declares that Italy's connection with tbe Triple Alliance is a great menace to her financial prospects. The Emperor of Germany has presented Admiral Commerell with a sword of honour and an autograph letter as a memento of the great Spithead review, at which the Emperor was present. Hong Kong, January 4. Severe fighting has taken, place at Formosa, during which 100 Chinese troops and 400 native were killed. Constantinople, January 4. The Porte has issued a proclamation prohibiting trade in black slaves, Madbid, January 4. Senor Segasta, the Premier, has resigned and the Ministry is being reconstructed. Rome, January 4. At a concistory of Cardinals his Holiness the Pope delivered an allocution con. trasting the Church in tolerant countries with the bitter and increasing persecution to which they were subjected by the Italiau Government. His Holiness said the claims put forth for the restoration of the temporal power were not due to human motives but were necessary for the maintenance of the Catholic faith.