CABLE NEWS.

Feilding Star, Volume XII, Issue 7, 1 July 1890, Page 2

CABLE NEWS.

♦ By Electric " Telegraph.— Copyright ji»EH IIN IT til) PBUtiS ASSOCIATION. | -' ■ London, June 28 Another meeting of creditors in the estate of Viscount Deerhurst was held today, when the tfankrupi's proposal to pay 10s in" the pound down and the balappa when he succeeded to the title, waaprefused as a sufficient maiority of the creditors did not approve it. The Colonial Quarterly Review, which is projected by Sir M. E. Grant Duff, the Earl ot Derby, Sir John Lubbock, and Mr J. A. Froude, will oppose Imperial, Federation, and advocate an alliance between Kinsfolk in preference to the more ambitions schemes of the Empire. New Zealand 4 per cent inscribed stock, 105 ; 3£, 95*. South Australian wheat, 38s, market restricted; Victorian, 87s, quiet; New Zealand longberried ditto, 365, steady. The Earl of Carnarvon is dead. A drastic measure entitled the Directors' Liability Bill has passed the third reading it, affects directors and promo.era, and applies to companies launched after the Ist October next. , Lord R. Churchill's friends are supporting a movement to secure his re-entry into the Cabinet. Mr D. Hean, who has been investigating the affairs of the Bank of New Zealand, has arrived from Auckland. The Directors of the Bank entirely deny the reported reconstruction of the Board. The Committee appointed by the House of Lords to inquire into the question o& children's life insurance has taking some medical evidence. In the Hoase-of-^CoßSmons the Police Pension BUI. has passed its second reading. Mr W. H. Smith has finally withdrawn the licensing proposals, owingj^o the Speaker's ruling regarding thenfoensing fand being adverse to the Government Budget Aot. , Replying to a question to-day, Sir James Fergusson stated that the terms of the East African agreement do not commit England to fresh obligations in the 4 event of war. * Mr Cecil Raikes, the PostmasterGeneral, has "undertaken to consider Sir F. Dillon Bell's application that in the eventroa renewal of the San Francisco Mail Service Jhe British Government should defraylljll cost of the transit of mails betweetfliOTldon and San Francisco. Owing to the '■' authorities faring a strike of the Police Force, the Foot Guards are practising street patrol. It is hoped that the Australian cruisers will be really to sail in December. If the residents of Heligoland are hostile to the cession of that island to Germany, Mr Gladstone and Lord Rosebery will oppose it being done. \ June 29., ArohbishopjiWalsh r^ee&ijH&SS&redr the Irish mwoDers^V being absent from j -ff^ssatelf" 'division. Mr Parnell was included, and as a "protest seventy members banquet ted hint on the occasion of his birthday. An imposing Unionist demonstratoin was held yesterday at the Crystal Palace. Mr Balfour, Irish Secretary, ridiculed the idea that the Government was totter ing The temperance party would regret that their fanaticism had succeded in destroying the licensing clauses of the Local Taxation Bill, because their action would prevent efforts being made tia. \ future to legislate in the interests w ' temperance. KT Beelin, June 29. The Reichstag has passed the third reading of the Army Bill. Constantinople, June 28. The Sheik ul Islam is suspected of plotting to depose the Sultan, and a number of members of the Ulema have been arrested on suspicion of being connected with him. Natal, June 28. r The colonists are demanding Responsible Government for Natal, with control over the native subjects. Paris, June 28. The commission appointed by the Panama Canal Company to inquire into ' ;he present position and prospects^bf the under taking, report that as a result of thai? investigations they estimate that thres milliard franos will be required to finish the canal New York, June 28. Many deaths are reported from sun stroke. Sofia, June 28. The sentence of the Court, ordering Major Panitz who was convicted of plotting to dethrone Prince Ferdinand, to be shot, was carried out to-day with an imposing military display.