NEWS BY CABLE.

Wairarapa Daily Times, Volume X, Issue 3111, 24 January 1889, Page 2

NEWS BY CABLE.

i / London, Januaiy 20. The statement is le afliimed that Eimu Bey was safe at the beginning of November. The Pimce of Wales will tepiesent the Queen at the marriage of the Grand t)uke Paul, of Eussia, to Princess Alexandra, eldest daughter of tho King of Greece, Ihe NMathesons, biokeis, aie pio motiug a coppei bank, with the object of piolonging the picbent contiacta for twehe jeais, The capital, thiee milhons, mostly subscribed dobentuies,aro now being issued. The Sunday Times disciedits 'the I rumors of a monetary panic m' Austiaha

' Australian. ;W-V '.v;-;K '.\ Svdnky,' January 22;~ : , ;:y-Th'e London' correa[)pndent of the; Sydney 'M6rning;Hemld predicts that' the-European -situation will\r'each;a climax ;in;A pril or l May.- An'irderfor |ganbpatsVby^the; ; li6bie>tiaie:-pf ;.Moti-L----tesiegro ;.is';amostrpniinous inoidentj j showing: that it: intends : to,; play a | decided-part in the affninj of 1889,'a'rid' bodesriogood.V;': :-f-.' ..:'' :^i ■:" P. Garyqii! theiew, Colonial TreasurerV'stateß that besides -.'shifting to;'.the oredit'ibf ,the! Consolidated Eevehue Trust Funds' amounting to £2,100,000,-whicb : have'beonspent; the public account in addition is overdrawn to the "exteut of £1,200,000. Be declines. to 'pay' salaries - unless funds are provided to meet.the-neccs-sities of the State...' :'.;. : .;r'" ;t ■; !'i

.. The, Sydney. Morning -.Herald, in an article on. the finances of the colony says-.there is no cause .for alarm, and it is not a matter of surprise that the revenue is overdrawn, as there is money authorised, but not..yet'; borrowed ; to set against, it, It considers it is Mr Garvan's 1 duty to endeavor to reduce the defioit and urges retrenchment.

, A telegram- from Scone states-that the stock there ore starving. In the Maitland district the ; crops have failed, At MurwiJlumbah,' on. the Tweed Eiver; Eichmond district, : the maize crops hare been attacked with blight. • .... '/.">

Arrived—B.s. Waktttipn, from Wellington. , ■ ■ , ' Melbourne, January 22. The Bank returns for the last quarter aro unsatisfactory, showing a serious falling off in deposits, and a further dimunition of the cash reserve.• k

January 23. The well-known shipping firm of Huddart and Parker has been converted into a shipping company with a capital of £1,000,000. . Sir Heury Loch and family leave for England about March on six months'leavo, During-his absehco, Sir William Eobinson, Governor of South Australia, will take office as Acting Governor, . " In fleece wools the following awards have been made:—Best nnskirted ram's fleece, McLean (HawkeY Bay) third;- long wool, greasy, Beid (Oamani), first; B. Cobb (Palmerstori North), . second j J. Wallace (Papatoitoi), third. For best unskirted ewes fleece Keid secured first, second, and third prizes, Best unskirted ewe's fleece not pre. viously shown, MoLean (Hawke's Bay) second; Joseph and Phillips (Wairarapa) third. Tho.jurors in their report state that in their opinion the regulations controlling the awards encourage a tendency to breed for weight rather than quality, thus placing the high class wools ac a disadvantage, Sailed, yeaterduv—B,s. Manapour! for tho Bluff

Hobabt, January 23. Arrived last night—Kaikoum iroui Pl/niontb, via the Cnpe. •. DmsBANE, January 23. A heavy rainstorm passed over the Colony yestorday, A cyclone travelled through many districts. On Richmond Downs several buildings were demolished, and two persons injured.