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GENERAL CABLES.

By telegraph, Preoa Asa’h,. Copyright London, April 4. The Bondholders Committoe of McCracken’s city brewery, in announcing dofault of March interest, state that they trust at an early date to submit a scheme of arrangement which, while making some provision for shareholders, will ensuro debonturo-holdors obtaining complete control of securities.

The Peninsular and Oriental Company are installing rofrigorating machinery on their cargo steamers Pera, Poshamur, Palma, Poona, and Palermo. J The British and Australasian Trust and Loan Company announce a dividend of Is 3d per share and Is bonus.

Borlin, April 4.

The Gorman Government object to German banks participating in the impending Russian loan, because they are about to issue a German Imperial loan of thirty million pounds sterling. Bucharest, April 4.

The Servian regicides have decided that if it is necessary they will forcibly resist removal.

Paris, April 4. Another man has been rescued alive from the Courrieres mine.

Sydney, April 6. Mr Coghlan has been appointed Agent-General for New South Wales for a period of three years. The secretary to the Northern colliery proprietors explains that the increase in the price of coal will not entitle the miners to an increased hewiDg rate. If the price was in. creased to 10a at the beginning of next year, the miners would then bo entitled to an advance of 4d.

A case of suspected plague is reported at Grafton. News has reached Sydney that the British India Company’s s.s. Fultala, bound from Calcutta to Suva, with a ship-load of coolies, has put into Singapore, owing to an outbreak of cholera. Four coolies died and eight were placed in hospital at Singapore. The Fultala resumes her voyage when the disease has been stamped out. Amongst the leading questions discussed at the Premiers' Conference will be the taking over of State debts, Murray waters, immigration, and capital site.

Melbourne, April 5.

An inquiry into the recent Gembrook railway accident found that it was causod by the train being run at an excessive speed. Archbishop Clarke speaks hopefully of the possibility of closer union of Anglicans and Presbyterians. OwiDg to the Eastern Extension Company refusing to ratify tho agreement with the Federal Government, as modified by the Senate, the Government have discontinued the privileges enjoyed under the provisional agreement, and disconnected the company’s land line. Cable messages have now to be taken to the central office, the same as ordinary messages. The company and the mercantile community strongly complain 'of the inconvenience caused by the peremptory action of the Government. MrDeakin says the company kept the Government waiting an unduly long time over the agreements. Rights wore granted in full belief that the agreement would bo ratified. The company enjoyed them for three years, and the Commonwealth received nothing in return. The secretary of the Postal Bureau says the Department has merely carried out the provisions of the agreement.

Brisbane, April 5

Mr Kidston, the Premier, declared that a good time was in store for Queensland. There was a record sugar crop, and a good surplus. He thought it possible the split in the Queensland Labor party would be fixed up.

Adelaide, April 5. Dr. Thomas has been enthroned Bishop of Adelaide with an impressive ceremony.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19060406.2.6

Bibliographic details

Gisborne Times, Volume XXII, Issue 1717, 6 April 1906, Page 1

Word Count
536

GENERAL CABLES. Gisborne Times, Volume XXII, Issue 1717, 6 April 1906, Page 1

GENERAL CABLES. Gisborne Times, Volume XXII, Issue 1717, 6 April 1906, Page 1