CABLE NEWS.

Evening Post, Volume XXXVII, Issue 59, 11 March 1889, Page 2

CABLE NEWS.

♦— THE AUSTRALIAN CRTJISEBS. FLOODS IN ENGLAND. H.M.S. StJLTAN. THE IMPERIAL INSTITUTE BANQUET. THE tfoft ON THE'COMPTOrE D'BBCOMPTE. BT ELXCTRIC TXLKOEAPH— OOttBIQHT. lONITXD PRXBB ASSOCIATION.] *■ London. 9th Maroh. In the" House of Commons Lord G. F. Hamilton, the First Lord of the Admiralty, explained that the difficulty of obtaining steol had delayed the contracts for the Anstralian fleet, ytft he hoped that the ground lost on that acoo&nt Would be recovered Severe floods in the West of England hare been experienced. At Bristol and Leicester the towns were mandated. Railways and bridges were demolished. Late information received shows that thfl prospect of saving H.M.S. Sultan, which went ashore at Malta, is improving. At the banquet on Wednesday at tho Imperial Institute, the Prinoo of Wales, the Duke of Cambridge, Lord Charles Boresford. Mr. Stanhope, Visoonnt Cross, Sir R. G. W. Herbert, Baron de Worms and the Agenta-Gensral will attend. The Prinoe of Waleß will propose the toast of " Prosperity to the Institute." Sit Arthur Blyth proposes the health of the Heir-Apparent, after which the Earl of Cirnarvon proposes "The United Empire," Lord Knutsford replying. The Statist states that tho Melbourne banks utilised their resources to engage in wild speculations, and are now severely compelled to ourb their operations. In consequenoe of adverse criticisms, the directors of tho Quayle (Thames; Mining Company propose to wind up tho oompany, as they are dissatisfied with the valce of the property. St. Petersburg, 9th Maroh. The Czar has ordered a, searohing enqniry into the action taken by Atohinoff , the Cossack leader, in attempting to form a settlement at Sagallo, in Tajurah Bay. Russia obtains the oonversion of a loan of 700,000,000 franos. Paris, 9th Maroh. In conneotion with the Comptoir de 1 E«oompte, tho whole of the assets are givon as security to the Bank of France ; beside, the associated bankers have a guarantee of 20 millions. The crisis has affected tho Rentes and the shares of the leading banks. Those of the Comptoir d' Escompte are quotod at 500 franos. It is believed that the Comptoir is deeply involved. The weavers' strike has ended. [srxciAii.] Sofia, 9th March. The Regent's ms'nifosto ro-afllraiß thfe existing national relations.London, 9th Maroh. The Statist reiterates its January rtrtiolo, quotes the Insuranoe Record, the Melbourne Journal of Commeroo, and others, and gives a history of freehold farms, with a list of members of Parliament as provisional directors, and explains that the Bank manager's letter referred to in tho article was rocoivod indireotly. i _^__