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CABLE NEWS.

By . Electric Telegraph. — Copyright (IMiU IINITKI) I'HKSS ASSOCIATION.) London, January 7. Prince HsMiry of -Bnitentmrg.hsis ber.n appointed Governor of the Isle of Wight. Edward O'Brii'n, another Invincible, has been discharged- from gaol. The Admiralty propose to store 2000 (?) tons of coal in the vicinity of Sydney harbor. If the lurid can be obtained at a reasonable price, the coal will be stored on shore, if not coal hulks v will be built to receive it. The value of the imports for the year is £6,700,000 below the previous year, while the exports show an increase of £14,600,000: The total quantity of whoat and flour nnW 1 tor the Uniteii Kingdom is 1,91H,000 quarters, and for tbi* Continent 640,000 quartars. The American visible supply is estimated at 25,856,000 bushels. Bank- of New Zealand shares, new issue, £7 10s. The brokers have refused the shippers' demands for reduction of freights. A i-onimii tee will decide on the rates both for steam and sailing freights. The Directors of the National Bank of New Zealand have declared a dividend of 5 per cent per annum. • ■ ! Wheat, ex ship Northern Monarch, i from Lyttelton, was- sold at 38> 2d. j January 8. General Booth intends to make a tour of Europe to promote his emigration scheme. It is reported that a process has been invented for reduction of gold ores by which the Mount Torrens refractory ores can be treated at a cost of 7s 6d per ton with the result of one ounce of gold and two of silver as against sdwts only of gold yielded by the ordinary px'ocess. The Bank rate of discount is. 4 per cent. It is reported that a convention is being arranged on a basis acceptable to Portugal. News from East Africa states that British gunboats, on the Zambesi are rigorously,, boycotted by the Portuguese. Obituary— Mr C. D. Gifford-Lloyd. . Mr Patrick Healy Hutchison, commanding the Speedwell, was seized with an attack of hemorrhage of the lungs after a, dinner given by the Duke o Edinburgh, and is in a critical condition^ JVladbid, January 7. Koch's process has - been . applied to lepers with partial. success., St Johns, January 7. Newfoundland asserts her right to expel Frenchmen,' and, leave France and England to settle the issues. Pabis, January 7. The revenue for 1890 shows a surplus of 60 million francs (£2,400,000. Thubsday Island, January 8, A tribe of head hunters have annihilated a village of 40 inhabitants, and are prepared to take the next village, which is next to the residence of Mr Oameron, • the Government Agent, whom they also "threaten- to attack. A force of constabulary has been sent from Moresby to protect Mr Cameron. • . ■ Washington, January 8. Five of the principal Indian bauds have submitted; Mr John Noble, Secretary of the Interior, is expected to resign owing to the President's decision to appoint ruilitar}' Indian agents. The New York Herald states that the report that the American Pacific Squadron has been ordered to mobilise at Port Townsend in the spring is untrue, and that the aspect of the Behring Sea difficulty is improving. Exhibits for the Chicago World's Fair will be admitted duty free. ...

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18910110.2.9

Bibliographic details

Feilding Star, Volume XII, Issue 86, 10 January 1891, Page 2

Word Count
529

CABLE NEWS. Feilding Star, Volume XII, Issue 86, 10 January 1891, Page 2

CABLE NEWS. Feilding Star, Volume XII, Issue 86, 10 January 1891, Page 2

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