NEWS BY CABLE.

Wairarapa Daily Times, Volume XI, Issue 3667, 20 November 1890, Page 2

NEWS BY CABLE.

ENGLISH. London, November 17. The aurvivora of HJI S Serpent report that she struck at 10 o'clock at' night, The officersobeyed orders wilt perfect coolness for an hour, when the Commander, seeing the case was hope* less released, them from disoipiine. The Imperial Institute is in want of money, and is expecting further contributions from tho colonies. The Agents-General have agreed that it is advisableHhat the colonies should bo allowed the option of remaining out of all commercial treaties between Great- Britain and other Powers,- They advise the abrogation of the ..clause precluding preferential fiscal treatment of British goods in the colonies, They intend to s ask their respective Governments to make the wishes of the colonies in the matter known,

Businei3 in tlio city is at a. : standstill, and it is doubted whether the bottom has really been touched yet. It is feared that a leading AngloGerman bank is in difficulties., A leading syndicate lost altogether £160,000 by the last Victorian loan. . It is regarded as certain that,' owing to the crash in the market, syndicates financing colonial" "loanat will refuse to assist any earlyissues. : ■.

_ The Pall Mall Gazette says that it is intended to increase the amount of Baring Bros.' guarantee to £15,000,000. •

. A committee, composed of members of several leading London financial 4 " houses,' is engaged in investigating the state of tlie finanoes of the Argentine Republic. November 18.

The subscriptions received by General Booth in aid of his colonising soheme amount to £BB,OOO. _

FOREIGN "Vienna, JNovembor 18, It is reported here that Archduke John, about whose safety fears were entertained, has arrived safely at Valparaiso. Berlin, November 17, The hotels in this oity are rapidly filling with consumptive patients anxious to try Dr Koch's specific. Suakim, November 18. The Emir of GalUbad attaoM and badly routed the Mahdi at Omdermann, a .village a short distance south-west of Khartoum. New York, November 17. Bankers have decided to issue a loan oi 10,000,000 dollars upon certificates for banks needing the aid of the Clearing House, Tho junior partnor of a New York ifirm of brokers has been doteoted in forgeries amountingto3Do,ooodollar

• AUtmilAK Melbourne, November 18. _ Coal has now receded to within 2s fid per ton oi tho price prevailing before the strike. Mr Munro, tho Premier, replying to the toast of his health at a banquet to-night, said the Government would have to devote muoli of their attention to,the finances, which aro in suoli a position as to give cause for anxiety, especially in view of the very unpromising outlook in the London money market* He hoped, however, that the Cabinet would bo able to satisfactorily solve tho difficulty. ' Sydney, November 18. Smidt, convicted of murdering an old man named Taylor, near Wagga, was executed to-day. Though" he did not confess, ho made.a statement tantamount to an admission of guilt. The Premier is preparing a Bill to promote good order in the Legislative Assembly. He thinks a measure might with advantage be passed compelling members making charges of corruption to prove them or acknowledge they were made unguardedly ; failing either, -to be expelled from tho Assembly and disqualified for three or five years. . Sir H. Parkes is urging the other colonies to hold the Federal convention not later than February, The Gibinet has decided in favor of sending a medical man to inquire into Dr Koch's discovery. Tho matter will be brought before Parliament immediately.