CABLE NEWS.

Manawatu Standard, Volume XI, Issue 1646, 27 February 1886, Page 2

CABLE NEWS.

(electric telegraph.— copyright. ) (SPKCIAE TO UNITED PRESS ASSSOOXATiOK.) | London, Feb. 24. { The failure of the Commercial Bank of Adelaide has not created much surprise here, but it is expected that the South Australian loan, which was to have been placed on the market in April, will now be deterred. It is reported that there are English depositors in the Bank to the extent of £300,000. Sugar is firmer. . ■ Mr Octavius V. Morgan, Liberal mem"ber for Battersea, has resigned in consequence of his being concerned in Government conti acts."! f A ? : :■■ Feb. ?sr; The frozen meat ex the steamer Ruai . pehu is realising 5Jd per lb. . . It is considered certain that the Socialist, leaders Hyndeman, Bu^ns., 1 Champion, and Williams will be commit- • ted for trial.; ■' The Colonial Bank shares and colonial stocks, which had slightly declined 6w|ng to the* Commercial Bank of South Australia having stopped payment, have now recovered their usual price. The Dailg JVierttf commends the .attitude ''ttl&rt tip'liy'the Associated Banks in re •fusing' to assist the Commercial Bank to l ttde bverjts difficulties. The Times fears i itht&i tb.q-sheia.yy fall in ; prices of produce .trill result in other disasters. : ! Mr O. V. Morgan, Liberal member for Battersea, who resigned his seat .in con?. • sequence ot his being concerned, in. Government contracts, will again contest the seat. -, „ Lord GranA-ille has assured the AgentsGeneral that he will endeavor to prevent any fresh annexation of the Pacific Islands of foreign Powers. • The position of the Kiag of Greece is thought. to be^critical. .