London.

Manawatu Herald, 28 July 1894, Page 2

London.

The Japanese are buying English and German steamers for use as transports! They undertake to regard Shanghai as outside the military or naval operations. T*he Japanese Government; in apologising for the insult to the British Corisdl; explained that the soldiers were ignorant of his identity and merely desired to prevent him from entering the military lines.

Particulars of the engagement in Corea show that the Corean Palace guards were the assailants. They attacked the Japanese troops, but were easily routed. The Japanese authorities punished the soldiers who assaulted the British Consul; The apoldgy denies that ektreriie violence was offered. The English Government have accepted the apology.

Li Hung Chang has six months' ammunition. Thirty thousand Chinese troops are mobolised at Tientsin, near Pekin.

The Bank of New Zealand stock was subscribed fivefold within halfan hour of the opening of the list.

The shareholders will receive preference in the allotment.

The shareholders in the New Zealand Trust and Loan Company have agreed to assign the uncalled capital as security for the debentures.

Bank of New Zealand shares (new) are quoted at £3 10b, and old at £2 10s.

The old directors of the New Zealand Loan and Mercantile Company havo declined to adopt the compromise proposed by Baron Schroeder to avert the action against them.

Lord Rosebery has informed China and Japan that Great Britain will remain neutral while her interests are re^-pected.