LATEST CABLES.

Bruce Herald, Volume XXIX, Issue 2963, 27 May 1898, Page 1

LATEST CABLES.

Ihe Spanish Government intimate the conversion of tho floating debt of 500 million pesetas in Treasury bonds of email denomination. They also insist on an in* crease of all taxation by 20 per cent. A Cnba message published in Madrid atatea that 19 American warships are oruiaing ia the vicinity of Havana, Oienfaegos, Cardenas, and Santiago de Cuba. Admiral Cerveraa'a Bqnadron ia returning to Martinique to ooal. The Bteamer City of Pekin, recently ohartered by America, has Bailed for Manila with 1000 troops. The United Stateß Prize Ooojrt at Key West has condemned the seizure of the Spanish steamer Arganauta, captured off Gienfuegos, and of the Mathilde. The Spanish troopa are massing near Gibraltar for transport to Cuba. Six thousand have already assembled. Key West reports state Shaft the whereabouts of Admiral Cerveraa's fleet i definitely known by the Amerioans. The American offioers at Tampa gave a dinner in honor of the Queen's Birthday. The flags of the two nations were inter* twined, and an allusion to an alliance cheered. Admiral Dewey, the American oommander in the Philippines, objects to Germans landing provisiona at Manila. The German consul deolared he would land a force with two German oruiserß to support him, but Admiral Dewey threatened to open fire, and the landing waa abandoned. The steamers City of Sydney and Australia have Bailed from San Franoteoo with 5000 troops for Manila. America, being unable to obtain additional ttaneports, purposes to impress vessels. General Miles conßiderß that 80,000 men are requisite for the invasion of Cuba.