CABLE NEWS.

Te Aroha News, Volume XI, Issue 1729, 10 April 1895, Page 2

CABLE NEWS.

WAR IN EAST.

PEACE NEGOTIATIONS BROKEN OFF.

‘ Shanghai* April 5. Tub Chinese at Hai cheng fired on Japanese officers who held a flag of truce with the view of communicating in regard to tho armistice. * Five transport vessels crowded with cavalry and infantry, left the seaport of Shimonoseki, in Japan, before the armistice was arranged. Owing to the fear of a Japanese invasion, the Chinese in the southern part, of Formosa, are fleeing to the no them portion of the island, which is garrisoned by 500,000 experienced, well found, and well armed troops. Additional booms and torpedoes havo been laid for the protection of Swatow and Canton.

Shanghai, April 6. ’ It is reported that Id Hung Chang, one of the Chinese envoys, hah stopped the peace negotiations owing to the retention of Port Arthur by the Japanese.

LONDONDERRY MINE.

RICH SHOOTS OF ORE EXHAUSTED COLLAPSE OF THE MARKET London, April 5. The directors of the Londonderry mine, Coolgardie, are in receipt of cablegrams stating tnat the rich shoots pf ore in the mine are exhausted. Tho news caused a sensation in the Tuiuirig market. It is probable that eome of the promotio,n money will be returned. Shares are now quoted at 15s. April 6. Lord Fingall’s telegram re the shoot of gold of the Londonderry mine giving out, was received on April 1, but owing to the absence of the directors, the news was not published until the sth, though shares began to fall on the 2nd. Colonel North offers to deposit in the hands of trustees cash and vendor shares equal to tho amount of his net profits, the shareholders receiving income until the company has earned 10 per cent, on the capital for two years. He.hopes that other vendors will take similar action. The papers consider the Colonel’s offer a very fair one, and state that the London directors throughout havo acted in good faith.

H.M.S. RAPID.

Melbonbnb, Aprilß. H.M.S. Rapid, which sailed at the end of the week for New Zealand, has been signalled from Wilson’s promontory and appeared to be standing back to port. The signals were not quite clear, but her return is due either to sickness or accident. One report says signals read : * Several bad cases on board.’

FATAL ACCIDENT

Auckland,. April 8. A young man named James Allcock, of Archill, was thrown, fir m his horse and dragged along the roadway.'. He was picked up in an uncoLsoious; state, and died at midnight.