NEWS BY CABLE.

Wairarapa Daily Times, Volume X, Issue 3388, 17 December 1889, Page 2

NEWS BY CABLE.

bkushLondon, December 15. Eeyiiolds' newspaper severely criticises tbo balance sheet of the Bank of New Zealand, Tho Bank of Now Zealand shares are quoted at—Old issue, L 6 to L 7 ; now issue, .L 9 to LlO, FOREIGN. St Petersburg, Decembor 15, The Russian press deny tho alleged arrest of an English spy at Sebastopol, . Australian. Sydney, December IG. The Sydney Morning Herald thinks it .is not surprising that the last report of the Bank of New Zealand lias caused a little excitement in London, for what happens in tuecolonies can scarcely fail to happen in London, and distance' often exaggerates the'importance of events of this character. The Herald considers it would bo as well, perhaps, were Mr Buckley's charge more specifically met tlmii has yet been done. Taking tho case, however, at its worst there does not appear any cause for alarm, but, on the contrary there is no reason to hops that the Bank will sharein the returning pros perity of the colony. Searle, on his deathbed, expressed a wish that all the leading Australian scullers would row for the championship. It is uuderstuod tlwt Kemp, Mattereon, StausbUry, and M'Lean will compete,

A scheme, to amalgamate the prinripal Steamship Companies has been brought Before the Steamship Owners' Association, but the'details of the proposal have not como under discusflion yet. Melbourne, December 16. • Two womon of the unfortunate class quarrelled near Eaglebawk, and Louisa llaltman battered Elizabeth Tolmaire to death with a poker, Tho murderess has been arrested,