Last Night's Cables.

Daily Telegraph (Napier), Issue 5408, 22 December 1888, Page 4

Last Night's Cables.

'■» I PEE PEKSB ASSOCIATION.—COP'SBIOHT.j London, December 20. The aotion of the Prineo of Wales in connection with the disbandment of the Honorable Artillery Company of London is adversely commented upon, and it is_ expected that the company willbereorganisod. Tho wool market is cpiiet. The new arrivals for tho next auctions amount to 100,000 bales. The market rate of discount is at 4j per cent. The total reserve in the Bank of England is £11,200,000, being an increase of £120,000. The proportion of the reserve to the liabilities is 40 per cent. Sydney, December 21. The weather throughout Australia generally has broken. A cricket match was played to-day between the Australian team and an eleven of New South Wales. The latter went first to the wiokets, and at tho close of tho day's play had lost five wickets for 133 runs, the highest scorers being C. Richardson (not out), 49) and M'Kenzio (24). The rabbit commissioners havo adopted their roport for presentation to Parliament. Tho report deals extensively with tho various experiments that havo been tried, aud so far as the experiments have gone they tend to prove thatM. Pasteur's remedy is totally inefficacious under the conditions prevailing in the interior of this continent. The microbo loses its virulonce after a few hours' exposure to moderately warm weather, or when subjected to the trying effect of the wind. The disease, samples cunicitli, discovered by Professor Watson, is also dealt with. With rogard to the bladder worm, it is said that it cleared tho Wairarapa district of rabbits, and the commissioners recommend that further investigation be made into this disease. Bbisbane, December 21. A pedlar was brutally murdered at Charters Towers to - day, and three foreigners havo been arrested on suspicion of being concerned in the mnrder. Thuhsdat Island, December 21. The steamer Bucephalus, from Wellington and Dunedin, passed here to-day, and sent word ashore that she had lost four of her shipment of horses. News by the British and Indian Company's steamer state that the relations between China and Corea aro still strained. The Chinese Government refuse to recall Yuen, tho Chinese Resident at Scone, against whom Judge Denny mado serious charges, as the Viceroy is satisfied with Yuen's conduct.

[SPECIAL TO I'BSSS ASSOCIATION.—COI'YBIOHT. j

London, December 20.

Mr. Gili'en, tho statistical authority, in the course of his lecture at the Royal Statistical Society stated that the rise in the value of gold must affect tho payment of loans. Another result of this appreciation, he considered, would bo that the Australian colonies would find the payment of interest on their loans a source of trouble in the future.