LATE CABLES.

Daily Telegraph (Napier), Issue 5705, 12 December 1889, Page 3

LATE CABLES.

[_511 PBKfS ASSOCIATION.—COFYBIQHT. J

(Received December 12, 1 p.m.) BANK OF NEW ZEALAND,

London, December 11

The alarm created by tho publication of Mr Buckley's speech at the annual meeting of the shareholders of the Bank of New Zealand is now subsiding, the depositors having been reassured by tho explanations that have been made by the Board of London directors.

The directors of tho Bank of New Zealand havo usked tho shareholders resident _in England for proxies in favor of the motion to transfer tho head office to London. COAL FAMINE. Sir Henry Isaacs, tho Lord Mayor, has taken steps to avert a coal famine. TERRIBLE SUFFERINGS. Eighteen of the crew of the barque Tewkesbury, bound from Newcastle to Hong Kong, "wrecked on an island in the Paoific, have reached Honolulu after terrible sufferings. OPERATIC SUCCESS. Gilbert and Sullivan's new opera " The Gondolier" is a pronounced success. [Something touchinir tho new Gilbert-Sul-livan comic opera may prove interesting. Like its predecessor it has two acts. The scone of the first is laid iv Venice, while the second is located in " Barataria," an imaginary island in the Mediterranean. Tho period chosen is between 1750 and 1760. The story concerns a revolutionary Doge of Venice, who, when wandering disguished amongst his poople, gets mixed up with a secret society, and, as a result, is desiged in his assumed character, to assassinate his real personality. The music is very Ught, and is mainly of the French school, though he reverts to tho Italian method in tbe second act. One conspicuous feature of tho opera will be the preponderance of tho concerted music over the solo numbers, Gilbert having determined to let his puppets sing and dance simultaneously as much as possible. A most characteristic gondolier's ditty folbws tho opening chorus in the score. The view of the Grand Canal and the Cathedral of St. Mark will be one of tbe finest scenic effects ever attempted at tho Savoy. The chief characters are two contadiuas and two gondoliers. There will be no Grosatnith part, and tbe cast includes Geraldina Ulmar, Jessie Bond, Miss Brandram, Rutland Barrington (who returns to tbe scene of bis former triumphs), Frank Wyatt (a new recruit), Pounds, and Denny]

[ NO VIOLENCE. The strikers repudiate the idea that it was intended to resort to violence. FEDERATION. Lord Carnarvon, in his speeoh, said that Colonial Federation must be the forerunner of Imperial Federation. Sir Dillon Bell argued that it was a condition precedent to the naval compact that the colonies would not secede from England. He was doubtful whether tho colonies would federate. Sir Androw Clarke emphasised the Monroe doctrine, and advocated an Australian Military College. FALL IN WOOL AT ANTWERP. At the Antwerp wool sales prices have fallen since the opening twenty centimes per kilo. FATAL FALSE ALARM. A falsa alarm of fire at Johnstown, Pennsylvania caused the death of twelve persons, and scores of others wero seriously injured in tho crush. WILL PROBABLY RECOVER. The latest news concerning Emm Bey is that, though in a dangerous condition, there is every probability that ho will ultimately recover. THE MARKETS. Tho wheat aud flour afloat for the United Kingdom total 1,996,000 quarters; for the Continent 338,000 quarters. The American visible supply is 33,375,000 bushels. Shares in the New Zealand Shipping Company are quoted at £4, Shaw, Savill, uud Albion Co. £9 ss, Union Steam _ Ship Company £13 10s.

The decline in wool since the. opening of the sales- ranges from one-h_f-penny to a penny per lb. The sales close to-morrow (Thursday).