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SPECIAL CABLE NEWS.

London, January 11.

The tenders for the Auckland Municipal 5 per cent, loan of L 25.000 were opened to-day. The total tenders amounted to L 47,000. Tenders of 105 (minimum) will receive 20 per cent, and those above that in full. The London and Westminster Bank favor the immediate placing of the "Victorian loan in the market. Although mining investment is dull, it is expected that a number of new companies will be announc d io about a week. Latest news from Burmah siates that the country has virtually been pacified. Prince Bismarck's Bpeech on the German army scheme is being anxiously awaited.

At least half-a-milllon will be remiiroA to start the Imperial Institute. ITeZ. sentative committee of all sections of the community will be appointed shortly It will be three years before the institute is opened. t v January 12. In his speech In the Reichstag yesterday Bismarck said that Germany was perfectly indifferent about Bulgaria The whole Eastern question was not worth a German war Every generation of GerShSiw ?• fc compelled t0 g° to war with France if times remained unchanged. Any day, the French Government to avert domestic pressure may have recourse to war, and they certainly would do so whenever they thought themselves strong ■ enough. If the French should prove victorious their exactions would bleed Germany to death. The perpetual fear of tannmg the war spirit now going on was tne certain occasion of war. Herr Windhorst persisted in his opposiitTtv t0 - R B ! sm f ck ' and 8«d expected that the Reichstag would reject the bill Prtnce Bismarck, in his speech, denied that any alliance had been entered into between Germany and Russia. He alSl.° !? eral g oalan g e * as a probable dictator. It would be necessary for Gernany to at once strongly occupy the passes in the Vosges, Jura, and Black Forest, and to prevent, if. possible, an irruption at B.elfort. If Parliament is dissolved* the .Government will, assume all power.

COLONIAL ITEMS.

London, January 10. The Mount Leyston Gold-Mining Company at Charters Towers has been registered, with a capital of £150,000. Rear-Admiral Fairfax will probably sail for Australia by the P. and O. steamer Shannon. Tenders for the Brunswick (Victoria) Municipal loan of £28,000 at 5 per cent, will be opened on the 20th inst. The minimum has been fixed at £104. The Conference of colonial statesmen will probably meet at the end of March. January 12. The Rev. James Chalmers, a New Guinea missionary, at present in London, has read a paper on that island before the Colonial Institute. He favored the niaintenance of a protectorate over the island for some years. Paymaster Francis Carter has been appointed to the charge of the Naval Stores at Sydney. '

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18870117.2.18

Bibliographic details

Grey River Argus, Volume XXXIV, Issue 5795, 17 January 1887, Page 2

Word Count
459

SPECIAL CABLE NEWS. Grey River Argus, Volume XXXIV, Issue 5795, 17 January 1887, Page 2

SPECIAL CABLE NEWS. Grey River Argus, Volume XXXIV, Issue 5795, 17 January 1887, Page 2