CABLE NEWS.

Wairarapa Daily Times, Volume XV, Issue 4902, 14 December 1894, Page 3

CABLE NEWS.

[ Ihitd Press Association.] (By Electric Telegraph.—Copyright.)

Jhe Korean ikar.

(Received Dec. 14,10.45 a.m.) Shanghai, December 13, The Japanese who landed between Taku and Shanhaikwan, are believed to be advancing on Pekin. (Received Dec. 14, la,m.) Shanghai, December 13. The Japanese have occupied Foochow practically without bloodshed, their attack being unopposed by the Chinese who are retreating to NiuUhwang. The garrison of Weibaiwai has aunounced that they will desert if attacked. It is reported that the Japanese divisions have landed on the shores of the Gulf of Pechili, and have taken up a position near Taku. Latent Australian. (Received December 14,10.45 a.m.) Adelaide, December 14. In the Legislative Assembly, the Colonial Treasurer stated that the Government would not contribute towards the defence of Thursday Island until the Queensland Government agreed to assist in defraying the cost of protecting Port Darwin cables. Sydney, December 14. Arrived-Morksworth from Kaipara. _ The Legislative Assembly sat continuously for 32 hours discussing the Estimates, and very few reductions were made. Melbourne, Docember 14. In Committee, on the Land and Income Tax Bill, a proposal was made that the £SOO exomption ihould apply to mortgagees as well is owners. The Premier agreed that in mortgages up to £I,OOO the £SOO should be deducted, and this was carried. In tho section providing for an income tax, tho Premier moved that the tax on income derived from property be doubled as follows: 8d in the £ up to £1,200, Is in the £ up to £2,200, ls4din the £ over that amount. The motion was carried,

Hobart, December 14,

The Premior confirms the cablegram from London that the Governmentare abouttoissuealoan and says it will be placed on the London market about the first week in January The Bank of Hew Zealand.

(Received Dec, 13, 7 p.m.) London, December 12,

Tho market is resenting the call on the Bank of New Zealand shareholders, and the shares will not sell at 15s discount, .

Doram, December 13,

The local shareholders of the Bank of New Zealand meet to-morrow to discuss the call made by the directors.