GENERAL CABLES.

Gisborne Times, Volume VIII, Issue 475, 16 July 1902, Page 3

GENERAL CABLES.

A WEALTHY ESTATE. A NEW ZEALANDER LEAVES 640,325. By Telegraph—Press AssociationCopyright. LONDON, July 14. The estate of Charles Marcus Wakefield, of Wellington, New Zealand, hasbeen proved at 610,325. THE SHIPPING COMBINE. FURNESS AND WITHY. By Telegraph—Press AssociationCopyright. LONDON, July 14. Furness and Withy, who are opposing the Morgan Shipping. Combine, an; increasing their capital' by half a million ordinary shares at a premium ot ten shillings.a share. They arc ottering their employees an advance of 3per cent, to become shareholders.

CORONATION BAZAAR, YIELDS £29,000. By Telegraph—Press Association Copyright. LONDON, July 14. The Coronation Bazaar, held under Royal patronage, on behalf of the children’s hospital realised £20,000. TURKEY EXPLAINS, THE JEALOUS RIVALS. By Telegraph—Press Association— Copyright. CONSTANTINOPLE, Ju:y 14. . It is denied that Turkey demands the recall of tho Britisli Consul at Basra. It is declared that the accusations emanated from rival Powers.

OPPRESSION IN FINLAND. PUNISHING CLERGYMEN* By telegraph—Press Association — Copyright. ST. PETERSBURG, July 11. Seven "Lutheran clergymen in Finland have Been deprived of their livings for refusing to read a ukase concerning conscription, ,** A PIAZZA COLLAPSE. NO LIVES LOST. By, Telegraph—Press AssociationCopyright, .VENICE, July 14. The Campanile of St. Mark's, Venice, collapsed, without loss of life, the piazza, having been previously declared unsafe.

CHINESE AFFAIRS. EVACUATION OF. TIENTSIN, By Telegraph—Press Association— Copyright* IlONu KONG, July 14* Ministers ate agreed that Tientsin be evacuated shortly* Chinese troops will be excluded Horn wiuiin a radius of twenty, kilometres, while the limitation oi Chinese police within Uiat radius will he eliminated* The prospects of restoration of the Tientsin railway are unpromising. Suyu Fen, Chinese Minister of Railways, threatens to resign oft’iiig to the rather divergent views held by, Great Britain and Russia and France*

AIRSHIPS. .THE ST* LOUIS CONTEST* By, .telegraph—Press AssociationCopyright* NEW YORK, July 14. M. Santos Dumont and Mr Maxim are "completing an air-ship for the speed contest at St* Louis, Missouri, for the sum oi twenty, thousand * pounds sterling* The mystery of- the cutting to pieces, of the balloon oi' M. Santos Dumont’s famous airship at the Crystal Palace remains a mystery, * M. Santos Dumont is convinced that the cutting was malicious. The outrage, lie thinks,- may have been the work of a “ crank.” The two Frenchmen, in whose care the balloon .was, are likewise of that opinion* On the other hand, Mr Stanley Spencer, the aeronaut, points out that tlie silk had greatly deteriorated. Mr G* Beckett, one of Messrs Spencer’s principal aeronauts, to whom had been given the duty of, filling the balloon with gas, said that the cover must have been rolled round tho valve-block and that the block by its weight had pushed its way through the silk* i But, unfortunately, that does not solve the mystery* It so happened that the balloon was not folded with the valve-block in the centre* The block was on the bottom, and on the outside of the bundle* The damage round the edge oi the valve may have been due to the weight of the wooden frame of the valve-block. But the other cuts were found where the valveblock could not possibly have touched with the bundle formed as it was. On the varnish there are scratches and little bits have been cut entirely, out of the silk. ~ M. Santos Dumont put his loss down at £IOOO. It will cost him £GOO for a new silken envelope*

UNION BANK, THE BALANCE-SHEET^ By Telegraph—Press AssociationCopyright, LONDON, July 14. The Union Bank balance-sheet shows deposits amounting to £15,418,747, cash investments £15,053,381, bills and securities £15,498,977, SETTLEMENT IN SOUTH AUSTRALIA, By Telegraph—Press AssociationCopyright, ADELAIDE, ’July 15. The Government paid £1 an acre for the Sterling estate, and nineteen shillings for the Colo Harbor estate, which will be thrown open for settlement.