CABLE NEWS.
(by klbctric trlkoha pb .— copyright .) (special to united press association.) London, Nov. 87, The deficit m the Simes and Co. estate is about j£7o|ooo. The money of the firm is locked up m the Melrosa estate, New South Wales, and to this is attributed the failure. .,, Germany and England have admitted the claims of Spain to the Caroline Islands. It is expected that the Prince of „. Wales will* be present at King AY fonso's funeral. Pending the official statement m the bankruptcy of Simes and Co., the accounts show !Js (id m the y£ y but it is expected that when accounts are complete the amount will be Lbs; j 90,000 is due on the colonial estate. The Government electrician it engaged devising a scheme to connect most of the colonies by cable, which will be under the control of the English Government
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Bibliographic details
Manawatu Standard, Volume XI, Issue 1570, 1 December 1885, Page 2
Word Count
145CABLE NEWS. Manawatu Standard, Volume XI, Issue 1570, 1 December 1885, Page 2
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