Cable News.

Daily Telegraph (Napier), Issue 6377, 12 February 1892, Page 2

Cable News.

|_I>KE I'BESS ASSOCIATION.— COPYRIGHT."]

London. February 10. The estimated vitibla supply of American wiio.it is G0.000,000 bushels. "

The majority of the peaches imported from the Oaoo were spoiled by the low t iiip.Taiuro. The rent brought from Ms to 18s dozen The neoUirinee were inferior, and only realised 2s per dozen. The grapes were also interior; they brought 12s fur -1-Mb. Merchants think that evou these prices were only reached because Cape fruit is a novelty, and they are not likely to be maintained. Tomatoes fetched 3d pt;r lb.

Factory butter is fetching 112*; daiiy, 92s to 100". The Austrian and Italian dailies are seudiug over largo quantities and depressing the market. Heavy hales oi colonial stockß are being ejected, and there is v general fall of 10s. The issue of Treasury bills is the chief cause of tho depression. February 11. At the wool sales prices for crossbred and tine greasy average -jj-d lower ; coarse scoured remain at par ; lsuubs from par to id higher; merino greasy superior from par to lower; inferior Ad to j-d lower; ."-coured good average lower ; inferior Id lower ; lambs,

greasy superior, |d dearer ; other sorts M lower. Tho market is steady.

It was stated at the Bank of New Zealand meeting tbat £20,000 was expected to be carried over to tho next year. The chairman said that the new taxation in New Zealand did not affect the bank, though it would considerably ntt'ect the Estates Company. The bank n.i reducing advances in Australia, believiug it to be risky in the present state of affairs there. Sybnky, February 11.

Considerable sensation was caused to-day owing to a run on tho Savings Bank of New South Wales. Close on £50,000 was withdrawn, and tlio bank is still (S p.m.) open paying aU claims m gold. The position of the bunk ar. the end of the year was as follows:—DepoaiU, £o,188,SuO; total assets, ±':J,433,000 The latter includes £1,155,000 leut on mortyairu; £95,0U0 invested in debentures, £000,000 knit to the Government, and £I,;iUO,OCO deposited in other banks. Nothing is known as to the cause of the run. The bank is besieged by an excited crowd. The arnociated banks have issued a notice that they are prepared to receive Savings Bank deposit receipts as cash or lot- deposit. The Premier announced in the; House this afternoon, in order to ailay the alarm, that the bank was one of the strongest in the world.

The Lubeek, from Samoa, brings news that a large meeting wiK shortly bo held to decide whether the King's government or Mataufa's cnuse shall be adhered to. Mr Kggi'rt, of the German .Land Commission, desires to resign on tho grmnd of ill-health.

The Assu-mbly having pasied a resolution in favor of thu imposition of a stock tax a bill to effect it has been read a first time. It provides for a tax on horses and cattle of 5s per Lead, sheep Gd, and swiiio -a.

[delayed wibks.]

London, February 0

The opeuiug of Parliament was not at tended by any proceoditig of importance.

In the House of Lords, Lord Carrington urged close federation with the colonies.

it is probable tbat an amendment to the Addrtss-in-Keply will be moved in favor of the diseudowment of tho Welsh Church. Notioo was tfiveu of the introduction of tho female Franchise and Eight Hours Bills. M.v Balfour gavo notice to call upon Mr Do Cobain, member for Belfast, to attend in hi:* place within a fortnight. Lord ftandolpb Churchill expressed himself in favor of an eight hourH , limit for worn in mines and of Labor members in tho House. Fobruary 10. J)oth Houses of Parliament passed votes of condolence on the Duke of Clarence's death. ir W. V. Harcourt, during the debate, fluid Lord Salisbury's speech at Exeter Hall showed iiuw Ireland would be governed by the Orange mob.

Mr Burzon, thn Secretary of India, announced that tho Government of India intended to tiiko measures to curtail the opium traffic.

It is alleged that the Pope is dividing England into two provinces of ecclesiastical purposes. Mr Redmond insists that one condition of tho reunion of the Irish party shall be the expulsion of Healy.

The ballot of Durham miners is adverse to n reduction of wages. It is alleged that Mr Schnndhorst, the organiser of the Liberal party, estimates that their majority at the general election, including a majority of the Irish party, will be thirty. The Morning , Post considers that the prohibition to dock Australian frozen mut' ton will protect prices. The Kussian squadron in the Pacific is beiug increased. The hostility of Prussian teachers to the Kdueatiou Bill has been silenced. Sixty thousand people attended the funeral service over the remains of the Key. C. H. Spurgeon at the Tabernacle. Rome, February 9. The Pope has warned the French bishops not to encroach on tbe civil risrhts of the State. The nominal value of real estate in the City of Koine is returned at throe hundred millions. Madeid, February 9. J The Spanish Government is taking steps | to repress interference with the liberty of labor. February 10. The Bishop of Cadiz implored the Queen of Spain to reprieve) the Anarchists condemned to death for the attack on Xeres. Tho Ministry insisted on their execution. Atiurcliista and workmen of Barcelona are parading tho streets. Pjyus, February 10. An Antivcliist uditor baa been sentenced to tea months' imprisonment for inciting to 1 pillage and murder.

St. Petkbshueq. February 10. Tho Czar has sent decorations to the workmen at 3t Ktit.-nne.iu France, who denonnced the two ftiiirliebmiiii who were convicted of trying secretly to obtain a design of a new .Russian rifle.

Vikena, February 9. It is expftoted that Austria will obtain sufficient gold in two years to establish a currency without disturbing the market. Buenos a tees. February 9. It is reported that the garrison of Monte Video has revolted.