LATE CABLE NEWS.

South Canterbury Times, Issue 2770, 8 February 1882, Page 2

LATE CABLE NEWS.

(Specials to Melbourne papers.) (Per Te Anau at the Bluff.) London, Jan 25. Great success has attended the floating of the New Zealand Grain Agency Co., (the Royse, Stead and Co., and P. Cunningham and Co., combination) with a capital of £1,000,000. _ Applications for shares have been received in excess of the capital to be subscribed. Six failures on. the European Stock Exchanges have taken place. In one cash the amount of the liabilities is £BO,OOO. With a view to allowing further negotiations respecting the commercial treaty between England and France, it has been agreed to prolong the existing treaty for a further period of two months, but the renewed negotiations are likely to fall through, as the French Government refuses to make any further reductions of duties on English goods imported into France. The reductions offered were considered insufficient by the British Government, and it is expected that no arrangement will now. he .arrived at if: The, Dutch Government, following in the footsteps of England,' have refused to agree to the terras of a commercial treaty between Holland and France. The reductions proposed by France on dutieslevied on the import of Dutch goods were so inconsiderable that the treaty was peremptorily rejected. • . . Government have received intelligence of an extensive and dangerous conspiracy in the counties of Clare and Limerick. Preparations are being made for the despatch of more troops to the disaffected districts. . '. !

Sixteen persons, arrested on suspicion of being , members of the “ Moonlight ’’ band, and accused of being the authors of the outrages oh the Earl of Cork’s tenantry, have been tried at the Cork Assizes. : They were found guilty, .and sentenced to various terms of imprisonment.

During the last few days 120 houses in'lreland have been searched for concealed arms, and in Galway alone twenty suspects have been arrested. ; The police have arrested forty persons for interfering with and, attacking hunt-, ing parties in Clare and Limerick counties. • i The “United Ireland" newspaper, which vl .was recently suppressed by Government/ has been transferred to Paris, where it will henceforth be published^ , Serious inconvenience is being felt throughout, the , suburbs of London owing to all the . men connected with the tramways having struck for higher wages.. A bookseller has been arrested in London'for having stolen Cooper’s well known piainting “ Monarch of the Meadows.’’ The painting was purchased by Mr Allcroft, Lancaster .Gate, London, 1 and during a fire r at that' gentleman’s premises,: some ; .months ago,: it was cjit .from its frame and carried off. Sir Samuel Wilson Has abandoned the petition he had intended to submit to the House pf Commons against the return of the, ■Solicitor-General for Derry. The Conservatives, it is said, propose to place at Sir Samuel’s disposal the next seat left vacant for Backs. A train, passing over a bridge; on the Midland railway near Manchester, had a narrow escape from total destruction. The bridge collapsed just after the train had passed over. ■ . ■ , , . A; collision has taken place in the Suez Canal between two steamers, both of which were considerably damaged. An engineer was killed. By an explosion at a dynamite factory in'the south of France, the factory was completely wrecked and 16 persons killed. '

Numerous fires, attributed to incen daries, have cadsed quite ' a panic -in Chicago. A man’ named Shelling, whose Wife is the keeper of a boarding school,has been committed for trial on a charge of having assaulted eight young girls who boarded at the school. ■lt: is rumored in European political circles that grave complications among the Great Powers are impending, and. that:war is likely to break out in the ensuing spring. Austria is said to be making great warlike preparations, and hostilities between that power and Italy are believed to be imminent. ■ .// 't : There has been further severe fighting between Austrian troops and the insurgents in Herzegovina; The former have been defeated. Ever since the insurrection broke out severe strictures have been passed by Vienna newspapers on the manner in which the troops, engaged in Herzegovina have been bandied, and the Austrian Government, incensed thereat, issued a manifesto prohibiting, under heavy penalties, the publication in the Vienna Press of the bpirations of the troops employed against the insurgents, K Several papers in Vienna, having, however, continued to do so they were summarily seized and -their machinery confiscated. Tiie Socialists have lately been displaying considerable activity in Austria, and a number have been arrested.