CABLE NEWS.

Wairarapa Daily Times, Volume XIII, Issue 4293, 13 December 1892, Page 3

CABLE NEWS.

■ London, December 10. At tho request of tho municijiality the bondholder of the Oamaru lo<ns 1878 and 1880 have agreed to accept conditionally for a term of years interest reduced to 5 per cent. At a meeting of the holders of tho Oamaru municipal nnd waterworks stock, Mr Michael Smith submitted an offer making tho interest sevon per cent, instead of five, Ho assorted that the bondholders fearod a further default as the Government had pruccally confiscated tho rorenue by taxation. Tho Chairman Blafed that unless justico was done to tho holders of the stock tho Stock Exchange would deoline to qnoto Now Zealand loans. Corporal Gordon has been awarded the Victoria Cross for gallantly rescuing his commander from drowning in tho Gambia River in March last. Several consignments of Victorian butler havo been overcharged with preservatives, Frozen mutton, ex Massilia, from Melboure, is selling slowly, but prices are unchanged. At the wool sales there is spirited competition, but prices are not Australian is quoted at 9d toOJd. The tin market has recovered £2 per ton, owing to the postponement of tho proposed alteration in tho United v States tariff. *' Many non-unionist cotton operatives are anxious to resume work at a reduction of 5 per ceut iu wages. North and North-East Lancashire cotton spinuers are adopting short time,

Tho Goldsmiths' Company havo donated a sum of twenty-five thousand guinoas in trust for tho erection of workmen's dwellings. The petition against the election of Alderman H. Davies, Unionist, xM.P. for Eocbcstor, has beoo uphold on the ground of corrupt practices, and the oleciion has been declared void, Tho massacre of Captaiu Jacques' expedition in Coutral Africa is doubted, and strong re enforcements ore proceeding from tho coast to Katanga, Justice North has ordered the Dowager Duchess of Sutherland to deposit in the custody of the Court tho heirlooms and jewels, fearing thoir possible sale. New York,, December 10.

President Clevelaud donieß that he to convene, an extra session of Congress, but will form a committee of the Senate aud tho House to preparo a Tariff Bill, Typhoid lever is spreading widely in Mexico and 25 deaths are recorded daily. The Denver silver mines, Colorado, aro closed down, and hundreds of miners haYo been discharged. London, December 11, Wolls, the Monto Carlo gambler, who was arrested on a charge of obtaining £50,000 by fab pretences, attempted to dash out his brains against tho walls of bis cell, Jabez Spencer Balfour, M.P., has resigned his seat for Burnley, Wabiiinoton, December 11, Bourke, one of the murderers of Dr tain, is dead. Melbourne, December 12, Tho Consul-General for Germany lias written to tho Premier stating that Germany is free from cholera.

and requesting the removal of the disabilities placed on shipping from Norman ports. Obituary-Captain Hownan, well known in tho Now Zealand War, Ho was a brother-in-law of Admiral Lord Charles Scott. Tho first authorised cremation in tho Colony took place yesterday, the body ol alepor being cremated, Sydney, December 11. Bennett, late managor of the dington branch of the English and Scottish Chartered Bank, who disappeared with defalcations amounting to £I2OO some two years ago has surrendered himself to the police. It is behoved that during the whole time he has been residing in a suburb of Sydney, but in disguise. Bennett's defalcations amount to about £IO,OOO, St Petersburg, December 10. General Dragovsky, Cbiof Judge of'Tashkend, has been murdered; He had recentlysenlenced soveral Nihil* ists to severe sentences, and the crime is attributed to revenge,