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FAILURE OF VICTORIAN LOAN.

ONLY £2,000,00^ OFFEKED.. DESTRUCTIVE FIRE. REBELLION IN INDIA.: REVOLTING DETAILS. PEK UNITED PItESS ASSOCIATION, i Received April 13, 10.30 a.niv London. April 1?. Tenders for the Victorian three million loan were opened to-day, when it was found that only iE'l,97o,ooo bad been subscribed. One tender was added in order to make up £2,000,000, and the balance was withdrawn. It is believed that neither syndicate nor banks, tendered. The average price of the Victorian Loan is £97 11s 4d.- ' :. The police dispersed a meeting of in illhands on strike at Bradford with their batons. There is great excitement in the place, and the military are held in readiness. There are rumours that the liquidation of Barings' estate will result in a loss of 5s in the pound. The Standard, however, considers that the amount of. the deficiency is over estimated. Diamonds have been discovered in British Guiana. Influenza is prevalent in Sheffield, and is spreading' throughout Yorkshire. Fiuaucftis consider failure of Victorian Loan is the result of depressed, state .oi ! the money market. Hew Yoek; April 13 Smith's furnishing warehouse and Dime's museum, in Chicago haye been destroyed by fire. Loss is estimated at two million dollars. Eight hundred firemen prevented the flames from spreading to the adjoining buildings. Influenza has spread to the city of Brookly. Numerous deaths are reported. The dead are conveyed to the burial ground in waggons, hearses not being available. "[[■ The confession of Politz, one of the New Orleans' victims, which has been published, proyes that those lynched were guilty of the murder of Hennessy, chief of police. Calcutta,- Apnl 1&. , Revolting details have come to" hand of the fate of persons captured by the Manipuris. Commissioner Qninton, two officers and a bugler were hacked to pieces and mutilated, and the bodies thrown outside the walls of Tamu and devoured by dogs. Mr Grimwood and two other officers were shot and their bodies similarly treated. The detachments under Lieut. Grant and Presgrave have retired. The fate of the Chief Senaport, who provoked the revolt, nd who is reported to have been kjlJed during the engagement with Li&ut. Grant's detachment at Thonal, is uncertain. Three relief columns are rapidly massing at Kohina, Silchar, and Tamu. Later. Lieut. Boileau, of the 2nd battalion of Ghoorkahs. denies the statement that women and children had been burned to. death by the Ghoorkahs. 10,000 Anglo troops are massed at Kohat. Washington", At>ril 13. The President and Secretary Blame have disagreed over the question of Canadian reciprocity, and it is expected that Mr Blame will contest the next Presidential election. Paris, April 12. Prince Victor Napoleon petitions the Government to allow the remains of his father to be buried in France. Belgrade, April 13. Ex- King Milan has agreed to leave Servia till his son attains his majority and the Government allow him a pension of 80,000 francs per annum.

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https://paperspast.natlib.govt.nz/newspapers/FS18910414.2.9.1

Bibliographic details

Feilding Star, Volume XII, Issue 125, 14 April 1891, Page 2

Word Count
482

FAILURE OF VICTORIAN LOAN. Feilding Star, Volume XII, Issue 125, 14 April 1891, Page 2

FAILURE OF VICTORIAN LOAN. Feilding Star, Volume XII, Issue 125, 14 April 1891, Page 2

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