CABLE NEWS.

Daily Telegraph (Napier), Issue 7356, 3 May 1895, Page 3

CABLE NEWS.

[PHB PBB3B ASSOCIATION.—OOPYBICJHI.]

London, May 1

At the wool silos to-day a fair oatalogue was offered, and the bidding waa more spirited, opening prices being firmly maintained.

The summing up of Justice Sir Arthur Oharlea wag in favor of the prisoners Wilde and Taylor, aad his Honor emphasised the fact that several of tho witnesses for the prosecution woro undoubted blackmailers T,ho advance in wheat and barley is maintained. Bogeri has instituted proceedings for divorce fig linst his wifu, Miatie Sfalmsr, the woll-knowu actro=?. Tha cause of the aotion ia her nlluged adultery with Jarrad, manager of tho " My Sweethoart" Company. * May 2. May Tay passed oil quietly on the Continout. New Yoek, May 2.

Tho Briti-sh hive arrjuted a Nicaraguan official for attempticg , to prevent supplies being sant to the fhst. Marine* hava destroyed tho railway )ina, thus isolating Goriato and hamp?rinjr tlia adv-isoe of the looal troops, which is a possible contingency. Advicea fram Ottawa state that it 'v impossible to secure a o&b.'e station at the Hawaiian Islands. Cape Tows, May 2. Tho annexation of the Umbegesa country deprivoi tha Tr.inavaal of au outlet to the Bea, and tbcre is much indignation in the Bepublic, »hero England ia aooueed of a broach of fsiith. Shanghai, May 2. Tho J.ipanosa are miking groat preparations for tho renewal of the war in tho event of China declining to ratify the treaty. Tho warships! which werj taken from China are bciug refitted. St. Fetbebbubo, May 2. The Russian newapipcra continue to vehemently assail Er.ghtid, and threaten her with action on tbo Indian frontier in retaliation for hot refusal to join ia the European protest against the pe-soo treaty. Bijehn, May 2. Bismarck's nowspapor chows hostility to Fnplflnd iv oonnoctioa wi'.h the peace treaty. Sydney, May 2. The rfporb to be pre'ested at the annual meeting of tho Australian Mutual Provident S->c:ety J on the 10th of May showsnew busincs3 represented by 10,023 policies, assuring £ J, S10 : 919, and yielding an annual revenue of £34,706 Claims amounting to £498,343 have urison under 991 policies by the death of 848 member?, and 275 endowment assurances hive matured, amounting to £113,031. An exhaustive investigation has boen made in'.o the condit'oa_ of mortgage as the result of which, and to provide agains; any possible depreciation of values, the directors have decided to set apart £225,158 out of tha surplus for tho year ia augmentation of the reserve for depreciation of securities, whiJi now stands at £414,340. Tho value of the office premises haß also beau written down by £14,000. Ihe stringency of the method by which liabilities α-ader policy contracts are valued has been-increased by assuming a rate of 3J per cent interest instead of 4 per cent ra hitherto, and the fum of £25,000 has been reserved to assist iv passing valuations on a bisifl of 31 par cent interest at tho earliest opportunity- Large reserves have been set aeide for depreciation, which haver.duced the surplus available for division by the sum of £239 C 32, but the actuary is enabled to rcoammond that £128,020 iv cath, which ■will yield revereiouM-y bonuses amounting to about £350,000, bo divided amongst the members. Tho rate of oxponses at which tho business is conducted has been reduced by nearly lOj p?r cent, and the rate of intorost realised en the mean funds has fallen la 8d psr cent The report, as a whole, indicates careful management and extreme ciuiioa ia tho treatment of the sureties. In the Court-martial relative to the dispute between officers aboard of H.M S. Kingf.rjomn, Surgson Lea made a lengthy statement of defence, and eaid ia placing Captain JohaEon on tbe eiok list he was acting from a conscientious souse of duty, and acted in accordance with the customs of the servioo. If he had not done so it would havu been a grave de-eliotion of duty. His attention whs diveot-jd to _ the captain's manner whie oa tha fora-bridge, where he was psoing up r.nd dowa roabiog grimaces and gesticulating ia an excited manner. Hβ consuVod tho c?.ptaia was ucfit to command tho ship. Ho waa of a Etrauge tsmporanjont, P.ed saemsd to suffer from mortid depression of spirits. Tha eurgeon gavj ini-tiii3oa of eccentricity on the part of tho captain a*, various functions, and said ho possessed a atrange peculiarity for playiflg imaginary games cf golf oa tho vessel's deck. Mia ayee would become dilated, and after making an imaginary stroke he would look as if observing ito efioot. When the ship went on the reef a short time ago at the New Eebriiea the captain's behavior was eouentrie, and ho repeatedly swore at the man while they we?o working as hard as they possibly could. On another occasion he started fisbing from tha hole. The defendant wished to call evidenoo a.9 to the health of Uaptain Jobnson but tho Court refined to hoar it. Gwifltj to thia decision Dr. Lea waa-eftniblo to call soma thirty witnesses he hi.d arranged to have examined. The Court found Dr. Lea guilty of tho chargoß made against him, and ordered him to be dismissed from the service. Later. Dr. Lea's coutsil intends to forward papors ia tho Ouurt Martial case to tho Airai-ality. CenscqutEt on tho abandonment of tho Local Government Bill the Budget will not bo brought down until Thurcday nexS.