CABLE NEWS.

Manawatu Standard, Volume XI, Issue 1710, 17 May 1886, Page 2

CABLE NEWS.

(ELECTRIC TELKGR.APH. — COPYRIGKT.) (SPECIAL TO UNITED PRESS ASSOCIATION.") ■•- *'.'. " * London, May 13. All the shares m the North British and New Zealand Investment Company ! have been allotted. '. Tenders, for the Collingwood (Victoria) Municipal loan of £40,503 were Opened to-day, and the amount subscribed was £139,000. The average price i»» about £105 15a. Ij is possible that Mr Herbert Sand-, ford, who has been connected with several of the recent Exhibitions at Home, will represent the British exhibitors at the Jubilee Exhibition of South Australia, the Treasury defraying his expenses. Mr Gladstone is impressed with the policy of the Federal Colonies respecting the New Hebrides. •'- The Adelaide fruit sold m the Exhibition market has realised £121 for a week. • (RBDTEB's TELEt&AMS.) :v. London, May 14. In the House of Commons tb.-day Mr Osborne Morgan, Under-Secretary for 'the Colonies, Btated m reply to a question by Mr Howard , Vincent, that France had offered to cease the deportation of convicts to the Pacific if she were allowed to occupy the New Hebrides. Mr Morgan added that Her Majesty's Government had agreed to give the matter their consideration, provided that the occupation took the form of a protectorate, and that freedom of religion and trade Were guaranteed. Tb.B cession of the island of Bapa to Great Britain was also one of the conditions implied. Mr Morgan also stated that the Government had consulted various 'colonial authorities on, jko_