GENERAL CABLES.

Gisborne Times, Volume IX, Issue 908, 5 June 1903, Page 1

GENERAL CABLES.

MOKE IJOKKOWING. By Telegraph—Press Association-* Copyright. LONDON, June 3. A debt renewal operation of New South Wales has been placed on the London market, comprising four per cent, hills to the extent of a million Tiie bills have a currency of four years at a net price of OIL UGLY FOES. LONDON, .June 3. The P. and 0. Company freight earnings for the half-year show a loss of .£99,00(1 owing to the drought, plague, and the depreciation of silver.

CO-OPERATIVE CONFERENCE. LONDON, June 3. The Co-operative Conference, sifting at Doncaster, resolved, that any tampering with frectrade by preferential tariff will increase the cost of food to the poorest and diminish remuneration and the area of employment, and promote international ill-will, the growth of militarism, and crush American friendship. There were three dissentients. TRUST WAR. LONDON, June 3. it is reported that South African merchants in London guarantee a large sum for the formation of a trust and propose to fight the South African Shipping Confederation.

FREIGHT RATES. CAPETOWN, June 3. 'l'lie Legislative Council at Pretoria has instructed the Government to negotiate with the other South African colonies lo take measures to reduce and control the freight rates’. THE TOPICAL SUBJECT. LONDON, June 3. The Financial News says the Australian apprehension in regard to the

preferential trade proposals are unfounded. It is not a zollverein that is proposed. Possibly the Empire’s variety of products and conditions rendered a .strict Customs union impracticable. No colony would he asked to alter its fiscal system. The only proposal is to enable Britain to reciprocal e preferential treatment and protect British trade against attacks abroad.

Till': SACRED WAR. LONDON, June 3. A great gathering of Moroccan chiefs is discussing the proposed sa-i ered war. THU FISCAL FIGHT. LONDON, June 3. The Times says mere apprehension of Britain forging weapons of commercial war induced Germany instantly to abandon coercion against Canada. The Paris newspapers Dcbats and Lc Temps condemn Mr Chamberlain. American newspapers exhibit little disposition to quarrel with England, even if America suffers. They emphasise the fact that American trade with protectionist Australia has in- 1 creased 33 per cent, within the decade. THE WHEAT SUPPLY. LONDON, June 3.

The wheat shipments from American Atlantic ports for the past week are 3311,000 quarters, and from Pacific ports 33,000.

FRENCH MINERS’ STRIKE. PARIS, June 3. The French United Men Workers’ Executive propose a general strike amongst workers of anthracite coal.