NEWS BY CABLE.

Wairarapa Daily Times, Volume XIII, Issue 4055, 5 March 1892, Page 2

NEWS BY CABLE.

[united press association.] iu London, March 8. The Manchester Corporation is raising a further sum of a million and a h»lf to BBBist the Ship Canal Com* pany. . A Manchester loan of a million and a half at 3 ptjr cent, at a minimum of 04, has been issued. The Daily News declares that the Liberal Party are capturing the majority of the London seats. l March 2, " Mrßo3'e, of the National Marine • Insurance Company, has been appointed one oE the British arbitrators in the B'ehring Sea dispute. Murders are inoreasing in Vienna owing to tho distress. The Times states that it is reported that an Australian municipal lona • of half a million, forming a part of a piojeoted two million issue, will bo offered immediately. . Financiers urge New South. Wales to place at least a million of bonds . locally, even if the price is higher. They consider it is imperative to keep off the London market at present. 1 Mr Panmure Gordon, of/Oordun, Hill & Co,, stock and sharebrokers, 1 states that he has placed a. million Victorian 4$ per cent 18 months' ' bonds, yielding 4f per cent. Tim money is payable on the Ldth of June. 1 It is rumoured that Mr Gordon paid 09f for them, and also Beoured the option of another million.' • Financiers deolare that this method--1 of placing bonds through private agents is iriogular, and highly injurinous to colonial credit, The Daily Telegraph states that' the surreptitious way in which the Australian colonies are raising money is much disliked in financial circles. The Chronicle asserts that only a small portion of the Queensland Treasury Bills is to be placed on the market at present, and that tho Victorian Government has decided to postpone the issue of the second million's worth of Treasury bills for several months. The Timea believea that a million of Victorian bills could be placed at a small premium, but hopes that iu the present condition'of the market the colony will adhere to its deoision not to increase the amount. The prosecution of the directors : of \ha Hansard Publishing Company is proceeding. The Treasury declare that ovor a million was extracted from tho pockets of tho people by gross frauds. Extraordinary evidence was given regpepting t|ie purchase of the Callumpton JJill, (Jobbers are openly offering yictoriau Treasury bills on the market. Mr Pammjro Gordon is re selling blocks of £3a,000 at rifmoufed ibqt another syndicate is being formed to place a second instalment of one million in the city, The fiaanoiers are hostile to this method of placing tho bills. A hitch has occurred in tho transfer of Marietta's business to the Barings' Assets Company, and the ar< rangements will probably be aban r doned. Later, Humours are current that the hitch in the transfer of Murietta and Company's assets will havo sorious rosults. pomk Aim's, March S}. It is believed that M. Delyahnis was dismissed because the Chamber of deputies' refused to impeach' M. Tricoupis,'the former Prime Minister, and also because liis policy" was HBly lo result'in v a'lhahojal prijjis. M, Delyannis, heing in possession' 1 of a'large majority, refused to resign, There is great excitement in Athens, and mobs are cheering both the King and tho Minister. Nb| York, March 3, Walt Whitman, tho American poet,'is in'a 'cHtioal' condition.'' 'i'fie'debit'te on'the JJill' begins at Washington on Tuesday, an' 4' is expocted to last a fortnight. . St. John's, March 2. Many of the missing fishermen have been rescued, and the number of deaths is reduced to forty. Valparaiso, March 3, Tho Chilian Government have ditagrced over the question of financo ah'^a u^otl ioli pf"th|S" Cabjnjit |iaj| resigned, Wasuikgtok, March 2. Secretary Blaine has abandoned the claims of the United States to sovereignty over Behring Sea, and only demands protection for tho seals. Vienna, March 2.' The bread riot was quelled with difficulty, ut Great efforts are bejng made to assist those'in distressi*;' '. &• • .'St. Petersburg, Maroh 2'i The prospects of next harvcß,t. s .in Riissia lire'desperate,^owing 1 to tii'e Sleiider.Bto'ck l '6f seed.'' ' 1 1 • A Ottawa, March 2. n The Imperial Filtration Leagaft of | Canada has . passed a-reaoMlonUiiat in tho event of the adoption of; inter-1 Imperial preferential trade lelations'

Canada should be ready to bear bee proportion of Imperial responsibility by means ol an ad valorem duty on, foreign imports. In the Canadian Honsc of Commons Mr Lanrier, leader of tho opposition, expressed bitter disappointment at .• England's refusal to give preferential ■ advantages to Canada in the JBritisb f markets, replied that England was already thegranJest field for Canadian products. jf Bhblik, March 3. Tt is stated hero that the" German colonists in Samoa aro in a terrible oondition, and many are in a state of . starvation. The only hope is their removal to America.