London.

Manawatu Herald, 18 November 1893, Page 2

London.

One of the torpedo boats belonging to EJ M S. It dney, of the Channel Squadron, founded npar Gibraltar, .-.he had been going at full speed, and in the act < f turning round capsized in a similar mariner to the Victoria. Fler crew saw .what was gjing to happen, and leaping into the water were rescued by boats from the warship. Mr Hume Black, representative of the Queensland Government, states that several Germans propose to form a company in Hamburg, with brauches in Berlin, Bremen, Cologne and elsewhere, to distribute Australian meat, on condition that the meat is shipped direct from the colonies to i<amburg, as they allege thafc transhipment in London reduces the profit to nil. Word has been received that Bjorling's Swedish exploring vessel has been found in Baffin's Bay, between Greenland and North America, firmly embedded in the ice. The crew and scientist* who were on board perished. The New Zealand Loan and Mercantile Agency Company dffer to convert the secured creditors 1 portion of the cash balance into first mortgages, while the holders of terminal debentures must accept second mortgages.