CABLE SUMMARY.

Waikato Times, Volume XXXIX, Issue 3199, 24 December 1892, Page 2

CABLE SUMMARY.

(by ki.kctrk; tklw.raph.— copyright). Loxdox, December 21. Tin-; receiver in the estate of the Liberator Permanent Buildiug Society states that the Society borrowed money at th(! rate of 22 per cent, to enable it to pay a dividend of o per cent. The Globe states that Sir Vernon Ilareourt, Chancellor of the Exchequer. is pressing tho Admiralty to adopt a policy of retrenchinent, and to largely reduce tho number of men at present in the service. It is believed that tho position of Commandant of the Forces in Ireland has been offered to Lord Roberts. A receiving order granted some time ago against Murrietta and Company, merchants, has heen rescinded on tho ground that, the act of bankruptcy was an insufficient cause for the order. December 22, Mr Justice North refused to assist the Duchess of Sutherland to obtain possession of Tittensor, pending lawsuit. F. O. List, sugar expert, estimates that the three months' beet production will yield 1.'53,000 tons more than the corresponding period last year. Wasiiixgtox, December 21. Mr Foster, Secretary of tho Trca* sury, states that the balance of trade is in favour of the nation, and that the revenue is four millions per month. Stocks are firm. Mr Charles Foster, Secretary of the Treasury, says he feels confident of tho ultimate success of the Silver Conference, The Committee appointed to inquire into immigration have secured evidence that during ISOt 200.000 Italian Socialists arrived in the United States. Ottawa. December 21. Montmorency Falls, iu Quebec, have been sold to a syndicate for the purpose of producing electric power.