CABLEGRAMS.

Otago Daily Times, Issue 8169, 28 April 1888, Page 2

CABLEGRAMS.

BRITISH AKD FOXEIGH. [By Electeic Telegraph.—Copyright.] (Special to Press Association.) THE BANK OP NEW ZEALAND. London, April 2G. (Received April 27, at 4.50 p.m.) Bank of New Zealand shares have dropped ! to £15 10s in consequence of rumours to the i effect that no dividend would be declared at . the half-yearly meeting. The Standard, re- : ferring* to this rumour, states that affairs in , New Zealand are going from bad to worse. i . SUGAR BOUNTIES. Speaking at the Lord Mayor's banquet at . the Guildhall, Baron de' Worms expressed . the opinion that the Bonus Conference would be successful in securing the repeal of the sugar bounties in all the countries inter-, ested. EMPEROR FREDERICK'S HEALTH. It is considered in Berlin that the ' Emperor's recent improvement in health is only of a temporary character. THE REPORTED POISONING IN BRAZIL. (Hecelved^April 27, at 11.10 p.m.) : Reports have been received from the . Brazilian Government denying the rumours ~ that natives there had been poisoned. THE TROUBLE IN ABYSSINIA. ' Massowah, April 25. | L (ReceivedJApril 27, at 11.10 p.m.) The Negns of Abyssinia has renewed . parleying with the Italian Government for i peace. , (Per Press Association,.) , MONETARY AND COMMERCIAL. ; London, April 26. i (Received April 27, at 10.40 p.m.) An Australian wheat cargo of 4000 quarters of April shipment has been* sold for 33s Gd. The weekly returns of the Bank of England ■ published to-day show the total reserve in ' notes and bullion to be £13,100,000, and i the proportion of reserves to liabilities is 41 i per cent. The total quantity of wheat and flour '. afloat for the United Kingdom is 2,140,000 , quarters, and for the Continent 490,000. ■ THE SHIPPING RING. The 'shipping ring admit tho grievances complained of by shippers, bufc state that at [ present they are unable to comply with the demands of the latter owing to fche contracts ; with which the ring are already bound and : must fulfil. A CHALLENGE. Jake Kilrain offers to present Lees, of Aus- . tralia, with £100 if the latter will box him for £1000, the former to use 3oz and Lees loz gloves. . <p i ' INTifiECOLOfIiAL. i~Bs EIiGOTRIC TeLEHRAPH.-tCOPYRIGHT.] (Per Press Association.) A NEW BANK. Melbourne, April 27. 1 (Reoeived April 27, at 10.15 p.m.) The prospectus has been issued of a new -bank call"'! Js an k of Australasia. i The capital is £3,60u,000. ' ■--• FEMALE FRANCHISE. Afc a public meeting to-day resolutions were carried urging the Legislature to pass without delay a bill providing for the extension of the franchise to women. A PLAGUE OF RATS. (Received April 27, at 11.10 p.m.) A plague of rats has visited the Echuca Plains, doing great damage to the feed there. SMUGGLING. A passenger by the Oroya has been arrested on a charge of smuggling £200 worth of jewellery ashore. PRECAUTIONS AGAINST THE HESSIAN FLY. Sydney, April 27. (Received April 27, at 12.55 p.m.) In view of possible danger from the introduction of the Hessian fly from New Zealand, the Government intend to deal with the subject in a bill which is being prepared providing for the prevention of the introduction and spread of disease posts. AN ASSAULT CASE. (Received April 27, at 10,15 p.m.) Mr Haynes has decided not to receive the amount paid into court by Mr Fletcher in satisfaction of the claim for damages for the assault committed, and the case will shortly be heard in the Supreme Court. BAD WEATHER. Brisbane, April 27. (Received April 27, at 12.30 p.m.) Fearful weather is being* experienced along the coast. THE H.M.S. LIZARD. H.M.S. Thalia, which is expected to reach Townsville in the course of a day or two, will be ordered to proceed to the assistance of H.M.S. Lizard. No partioulars are yet to hand as to the cause of the accident. HEAVY EMBEZZLEMENTS. (Received April 27, at 10.40 p.m.) Abraham Street, the confidential clerk to a well-known wholesale firm, was to-day committed for trial on twenty charges of embezzling moneys, tho property of his employers. The amount involved is said fco be , several thousands. '

Cooktown, April 27. (Received April 28, at 1 a.m.) H.M.S. Lizard, which struck a reef to the northward of here on Wednesday morning, has been floated off without sustaining any injury and has returned to port. DISCOVERY OF COAL IN TASMANIA. Hobart, April 27. (Received April 27, at 12.55 p.m.) A ssam of coal has beon struck near Seymour, on the eastern coast, showing indications of a good and permanent field.