TELEGRAPHIC.

Globe, Volume XX, Issue 1452, 11 October 1878, Page 2

TELEGRAPHIC.

CABLE_NEWS. SPECIAL TO THE GLOBE. Serious FailuresLondon, October 4. Smith and Fleming, East India merchants, Leadonhall street, suspended payment; liabilities several millions. The Glasgow Bank liabilities are ten millions. Their acceptance were for three millions. The failure is partly attributable to adyances made on wool. The Australia and New Zealand Company's (?) failure caused a panic. Other Scotch banks are safe. A commercial crisis is impending. The Impending: Afghan Difficulty. Massacre by Albanians. October 5. The Afghan arojy is mustering in the Passea. The outposts are within three mijes of the British. The Emperor of Germany entreats the Czar to prevent the conflict spreading. The Albanians massacred a Pasha and 156

The Philadelphia match was drawn. A, Bannerman sprained his foot. The Australians in America. [special to the pbess agency.] New Yohk, October 3. The Becond innings of Now York eighteen closed for 08. The game was won by the Australians, who left for San Francisco. The Australians are now playing against eleven at Philadelphia. The first innings of the Philadolphians closed for 19G. NEW ZEALAND^ELEOEAMS. Another Flood at Kaiapoi. [FROM OUE OWN CORRESPONDENT.] Kaiapoi, October 11. The flood is through the Northern Kailway again, but three culverts keep the metals clear. The mid-day train will get through, but it is doubtful if the evening train will get foi ward. The Bealey Higher Than Ever. Later. A Bealey telegram, of 2 p.m., to the Mayor, says the flood is now higher than the last one. The rivers arc rising fast, and it is raiuing in in torrents. [pee press agency.] Flood at Balelutha. Balolutha, October 11. The river is rising rapidly. The water is now across the main street at the post-office. The town is certain to have another large flood. This afternoon the remainder of the people are leaving theto nship.