LATE CABLES.

Daily Telegraph (Napier), Issue 6297, 5 November 1891, Page 2

LATE CABLES.

[PEE PBEBS ABSOCIATIOK. — OOPYBIGHT. |

BANK OF SOUTH AUSTRALIA,

THE DISTRErS IN RUSSIA,

MAJOR MoKINLEY,

SEVENTEEN MINERS KILLED,

TERRIBLE FIRE AT HANKOW,

THE CHILIAN PRESIDENCY,

(Received November 5, 10.15 am.)

London, November 4

Major-General Babbage, and a minority of the committee appointed to investigate tbe affairs of the Bank of South Australia, in their report find that the losses of the Bank have arisen through bad management, and favor the abolition of the colonial directors. They concur with the proposal to appoint a paid chairman of the Board. A meeting of the B«nk shareholders confirmed the reduction of the capital and the increase in the number of directors. The majority of the committee report that the writing off will amply cover any deficiency

St. Petkesbijeo, November 4. The Russian Government proposes to reduce the quantity of rations supplied to pri-oners, and give the surplus to the starving peasants.

New Yoek, November 4. Major McKinley has been elected Governor of Ohio.

Seventeen miners have been killed by falling down a shaft of tbe Anaconda mine, in Montana.

Hong Kong, November 4,

Thirteen hundred houses in Hankow have beeu destroyed by fire, and ten thousand persons rendered homeless. Vaipaeaiso. November 4. The Chilians have offered the Presidency to Senor Montt, President of the Junta.