CABLE NEWS.

Manawatu Standard, Volume IX, Issue 37, 14 January 1885, Page 2

CABLE NEWS.

(BY ELECTRIC TELEGKAPH.— COPfntfIIJT.) f (SPECIAL TO UNITED PRKSS ASSOCIATION.) • London, Jan. ISJ. •■ / M. de Veruinac, reported of thp conimittee of the French Senate appointed to examine the Jlecidiviste Bill, has submittetl the secoud report .of. the committee- In the opinion of the cornuiittei', New Caledonia would We quite unable to absorb the recidivistes that won Id require to be deported, and Cayenne was' unsuitable '■* 'for such a purpose. As m their previous report, the committee have left? the question of places to which convicts shall be relegated optional with . the Government. It is probable that the Bill, will be passed without opposition. : '■ The official average of the New ; Zealand Loan is £99 10s. ' Th«i Leiehard (New South Wales) Municipal loan of £16,000 has been privately absorbed. .Prince. Bismavck instanced the action.of New Zealand m rega\d 10 the. proposed annexation of Samoa as a, proof of the delay on the pait oi", Germany, which was damagiug to her interests? He also mentioned - that a reporr. was current that the . natives of New Guinea were opposing Ger- . man occupation, and implied that such was duo io English incitement. The report bus caused some sensation among., the Berlin j papers, „ . iThe.Quueensland giuiboatPolumah has arriyed at. Gibralter. ; ; Victoria has declined to accept . the offer of JM9s m the.in £ m satisfaction ot their claims against the Oriental estate. It is estimated that the first call m the Oriental Bank estate would realise three quarters of a million or a million. , Rumors are ouirent m financial circles.. that a huge French loan is likely to be placed m the market. ; Disquietiug news has been receivied; from Kassala 'regarding the safety of ; the garrison. ;j OPrince Bismarck states; that: it is understood that neither Englantl or ; Germany will alter the present statins of Satluoa witliouta'a-reeinent. He disclaimed the idea that any attempt on.the parfcof England to ilepait from this understanding would lead to war. Ho was confident that any difficulty that • mi<rht arise, won M ; be settled with good will and disploniacyt ■ •-. , : The Daily News is of opinion : that it would be to the: benefit of the Empire to concede to the demands con : tamed m Mr Service's letter on l lin-. perial Federation. ■ : ' The '•• Press generally do, nob support the proposed annexation of Samoa by New Zealand. • • • ' General Lewal, : French Minister of' War, baa issued instructions that the French troops are to expel all Chinese from Touquin, and that, after doing this decisive attacks will be made; on China. : . . ' ' ; , Consols .have advanced . to 99|. ■New : Zealand - securities . are unchanged. , , [ ,j: :■■-, Breadstuffsj ex store, are, with:;out quotable change. ,Oft ..cpax^i cargoes of Adelaide-- wheat are quoted at 375. . -"' ' ; ? '; The market rate of discount has advanced to 3|. Bank rate 5 per cent.