LATE CABLES.

Feilding Star, Volume XI, Issue 140, 20 May 1890, Page 2

LATE CABLES.

By Electric Telegraph.— Copyright I PER UNITED PRESS ASSOCIATION. I London, May 19. The new rifles supplied to the Russsan troops are so constructed that they may be fired with smokeless powder. The Standard suggests that the Bank of New Zealand should be completely reorganised, and that a new bank should be formed to take over the excellent banking business, while the whole institution should assume the form of an assets company and gradually liquidate the present unreasonable securities. The average price of wheat in the country markets 18 32s sd. Havannah, May 19. By an explosion of gunpowder 22 persons were killed and 100 injured. Suez, May 19. The Palacoota has arrived here bring' ing. the passengers and the crew of the British India Company's steamer Dacca outward bound to Australia. The Dacca struck on the Daedalus Reef, and sank in 200 fathoms. Stdnbt, May 19 The negotiations .for the race between Kemp and O'Connor have come* to a deadlock, the former insisting that the stakes should be LSOO a-side. At the Wesleyan Conference the Rev Mr Fitchem's scheme giving power to the annual conference, was carried. The Rev Mr Surple, of Victoria, exchanges with the Rev Mr Taylor, of Palmerston North,