CABLE NEWS.

Te Aroha News, Volume XII, Issue 1757, 7 August 1895, Page 2

CABLE NEWS.

FAVONA AND BRILLIANT. « . FLOATED IN ENGLAND . . These are two sections each containing 100 acres situated at. W ailii, adjoining the Grand Junction,-and they have been, we are informed., successfully, floated in the London market through the agency of Sir Julius Vogel, final arrangements having been concluded by. cable on Saturday. The properties have beenfloated as One, and the* basis is.th.at, the new company is to. sup ply £45;000 working capital. The company is to have a capital stock of. 150,000. shares, but further details are not yet made public.

SUICIDE OF AN ACCUSED MAN

Sydney, August 4

In connection with the Abraham’s case,'William Sewell, who was acting as sheriff’* custrodian of property., was arrested on the., charge/ of stealing a gun from the stock. When the case was called iu court, it was announced that, he had. committed suicide j that morning by sfioptia’g hintself with a revolver. v ' -** •'

THE PREMIER OF N.S;W. AND THE ... ; ' DEAN CASE. -----

"Stonky August 4

Mr. Crick and Mr. Meagher, members of Parliament and counsel for the , defence in the Dean case, are suing, the Premier for £2OOO damages, . for alleged libel contained in a- speech made, at Newcastle referring to their connection with the case.

CHRISTIANS MASSACRED,

Shanghai, August 3. Reports have ■‘reached here of a great massacre of Christians at Kuching. • , / . / London, August 4. .. Foochow reports that among the Christians massacred in Kuching were' five female missionaries, who were first outraged,.The/United States Consul in Shanghai qQnfiyms. thereport, ..and alleges {that the Chinese offioals connived at the outrage. - - -The moh set-fire to the residence of Dr Stewart, who with-his wife and one* child perished in the burning building. Seven lady missionaries were butchered with spears and swords. .. Miss Codrington was seriously wounded,* and several children badly hurt. The rising was incited by the Mandarins. Later. The American missionaries escaped massacre. .- -- Ten English was killed, including Misses Marshall, Gordon, and Stewart, of the Zenana Society,

FROZEN MEAT AND DAIRY PRODUC

" ; LAST YEAR’S TRADE .. THE VICTORIAN CONTRACTS ' C4=- .. WHY -NO TENDERS WERE . " ■ RECEIVED. London, August 4, Shipping experts inform Mr Valentine that the cold storage space utilised last year for the conveyance of Australian frozen meat and dairy produce, excepting poultry and rabbits, equalled 3,833,000 carcases of sheep, ’while the carrying capacity of the vessels engaged ;in the trade amounted to six and a half million carcases, if two and a half trips annually are reckoned , for each vessel. The experts assert that if meat and dairy produce unite for the better regulation of . shipments, and insist that all vessels must be. fitted with modern machinery, reduced freights' must soon follow. London, August 5. . Shippers admit that a powerful ring exists 0 f shipping companies . who are working, under a mutual agreement. The excuse put forward for not tendering for the Victorian contracts was that the conditions would require weekly boats involving twenty-eight in five months. They also objected to a power given to dismiss a steamer empty at short notice. ■, . ; Nelson’s and Other importers regret the result -which they attribute partly to the conditions imposed, and also to the shippers’ fear of breaking up business relations. Simpson and Malthouse denounce the present monopoly, and urge the colonies to co-operate. - The lattor suggests the Government should give a subsidy. It is reported the shippers consulted the mail companies before a decision was arrived at.