Cable News. The Latest.

Ashburton Guardian, Volume XXIX, Issue 7243, 31 July 1907, Page 2

Cable News. The Latest.

HONffc AND FOREIGN. O'jited Press Association—Per Electric .Telegraph—Copyright. (Received July 31, 7.58 a.m.) A NEW STEAMER'S SPEED, LONDON, July 30. The new Cunard liner, I.usitania, on her steam trial trip, made 25 2-sth knots an hour. . COTTON IN WEST AUSTRALIA. Mr G. "Brookman.,. of West Australia, delivered an address before the Liverpool Chamber of Commerce, on cottongrowing, and wool-growing in West Australia. Sir Alfred Jones recommended the establishment of agricultural banks in order to finance the planters and purchase the cotton. There evidently was a good field in Australia for young Englishmen with capital. CO URT-M ARTIALLED. lleuter reports that 15* soldiers in Ecuador, have been court-martialled on a charge of participating in a political plot-against President Alfaro. (Received July 31, 8.27 a.m.) A SOCIALIST CLERGYMAN. The Rev. It. J. Campbell has been invited to stand for Cardiff in the Socialist interest, and in speaking at Tredegar, ho declared that the first great commandment was to get hold of the land. ■ - ■ (Received July 31, 8.15 a.m.) . RAIDERS REPULSED. • BERLIN, July 30. Word has been received that the Mohammedan natives of Adamwa, in the Cameroons, attacked tne German residencty at Garua, but the raiders were repulsed. CONSOLS AS.AN INVESTMENT. LONDON, July 30. The financial papers attribute the weakness of consols to an absence of demand for low-interest-bearing securities. They declare that the public is beginning to realise the true value of consols a s an investment, and is no longer willing to take them unless they show a reasonable yield. SCOTTISH CHURCHES COMMISSION. The Elgin Commission, appointed to enquire into the Scottish churches' dispute, estimated the United Free Church funds at £1,354,720, and .allotted it £310,000, besides what it was awarded before. It is estimated that the United Free Church has lost altogether half a million. MILITARY BALLOONS. A GERMAN SUCCESS. A German steerable military balloon circled around the Reichstag building, sailed, along Unter den Linden, and repeatedly circled round the Imperial Castle at a speed of* 12-J- miles against the wind.