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LATE SPECIAL CABLE NEWS.

Lo:ndon, October 3. The National Bank are offering privately £20,000 worth of 6 per cent debentures of the Australian D-ug Company, of Sydney. New South Wales 3| per cents are in active demand a*. 98£. The Australian Mortgage and Agency Company, with a capital of one million, ia i projected. The report of the Bank of South Australia shows a profit on the half-year's transactions of £25,300. and the directors recommend a dividend of 6 per cent. During the period there has been a moderate diminution in advances. Mr Anderson has resigned his seat on the directorate of the bank because the mission to I open branches in the colonies has been postponed. The consul for Belgium at Melbourne has been gazetted as Government Commissioner at the Centennial Exhibition. The Belgian commissioners at the Adelaide Exhibition will act similarly at the Melbourne one. At the sugar bounty demonstration, held in Hyde Park to-day, there was a numerous attendance, and the greatest interest was manifested in the proceedings. It was urged by Bpeakers that the commerce and industry of the colonies and Home country required that countervailing dues should be Imposed. It was stated that fully 50,000 refiners were unemployed. October 4. The triennial election of the Servian National Assembly has resulted in the return of members antagonistic to Austria. This has had the effect of inducing the Austrian Government to take measures for the fortification of Bosnia and Herzegovina. Cholera ia oa the decrease in Italy. October 5. Mr John Finch, the head of th« Good Templar Order, has died in America. The Daily Nem condemns tho grotesque financial proposals of Tasmania The Times urges on leading scientific societies to agitate for an Antarctic expedition, and states that if England is unable to contribute the money for the object she is able otherwise to materially assist the colonies. The cause of the rupture in Madagascar is connected with the granting of an exequatur to the American and British Consuls. A renewal of war with France is imminent. Mr Buchanan, the London manager of the Queensland National Bank, has expressed a wish to retire. The British Exhibition Commission at the Melbourne Exhibition has been gazetted. Tenders for the Richmond Borough (Victoria) loan of will be opened on the 12th inst. Twenty-three applications have been raceived for the position of Professor of Agriculture at the Adelaide University. There is an impression that the Sultan of Morocco is dead. Spain is sending a corps to Morcetn, on the frontier of France. Some disputes are expected The Times advocaresan Imperial-colonial subsidy of £50,000 for the purpose of establishing a monthly steam service between China and the Australian colonies via Van- [ couver. . ' The Crown Prince of Germany is suffering from severe cold, and will proceed to Italy for the winter. The German and Austrian press are delighted at Italy entering the Triple Alliance, but the Russophiles are irritated. The Bishop of Ourham, preaching at the Church Congress at Wolverhampton, urged the expansion of Anglicanism, as Spiritualism was a counterpart of the growth of Imperialism. The Cologne Gazette states that tha indemnity paid to the widow of the man shot on the Franco-German frontier will be 50,000fr. Henri Kochefort protests i against the acceptance of alms from German assassins. Mr Sweet, owner of the cutter Clara, will compete for the American Cup next year. The Standard states that the Admiralty intend to replace H.M.S. Nelson by the Orlando, a stoam rrulser of 5000 tons, which is approaching completion at Harrow. The Mount Carrington Gold Mining Company of New South Wales has been registered with a capital of £50,000. Sir R. Wisdom and Sir Patrick Jennings return to Australia in the steamer Oroya. The Daily Telegraph warmly urges Eng- 1

land to co-operate in the despatch of an Antarctic expedition. A deputation from Kidderminster has presented Mr Gladstone with a handsome carpet.. They congratulated him on his Irish policy, and condemned the repressive measure adopted by the Government. Mr Gladstone accepted the presentation, and in thanking them for the gift said, though he had suffered a smashing defeat at the elections of 1886, yet the recent elections Indicated that public opinion was rapidly changing, and he was hopeful of soon returning to power. The secession of Mr Goschen and other Liberals had tended greatly to weaken the Liberal party, but those gentlemen were now placed in the moat deplorable position, being connected with the Conservative party. Referring to the Irish question, he said the settlement of the difficulty would be speedily arrived at, and he would be delighted if the Tories forestalled the Liberals in bringing about that settlement. Mr Bright has published a letter, in which he says it is necessary that Irish tenants should be freed from the suspicion that they had entered into a conspiracy to encourage dishonesty and crime. The papers are nlled with comments on the interview between M. Crispi and Bismarck. It i 3 stated that one of the Jesuits of the admission of Italy into the AustroGerman Alliance is an agreement bbtween the three Powers to oppose French aggression. There is intense jubilation at the alliance between Germany and Italy, but France is bitterly chagrined. October 6. Fordham, the well-known jockey, Is seriously ill, and his condition is considered critical. Relations between France and Italy are strained owing to a difficulty in arranging an agreement as to the basis of the renewal of a commercial treaty. Frozen mutton, ex Ormuz, from Australia, is realising B£d per lb. New Zealand mutton is quoted at £d higher. Mr J. Anderson is a passenger by the steamer Carthage to inspect the Bank of South Australia, prior to succeeding Mr Cuthberston. During Mr Anderson's absence, Mr R. Jones will act as manager. Lord Lytton, presiding at the annual meeting of the Bank of Australasia, alluded to the many signs of improvement in the condition of Australia. The police have discovered that the Kerry Moonlighters intended to make a wholesale attempt on the lives of the caretakers of farms from which tenants have been convicted. United Ireland publishes several columns of reports of the proceedings of the meetings of the National League which were suppressed under the Crimes Act. The Thames Rowing Club gave a farewell banquet to Fairbairn, the well-known Australian oarsman who rowed for Cambridge in the last University boat-race. He was presented with a ring as a memento of the occasion. The Rev. Canon Camidge, Bishop-elect of Bathurst, sails by "the Oroya. He has received many presents and valedictory addresses. An impression is abroad that Turkey is merely coquetting over the Russian proposals for the settlement of Bulgaria, and is unwilling to actively interfere. Callman, tho informer, declares that I the outrage by the moonlighters in County Clare, which wss attended with fatal consequences, was undertaken in consequence of Dillon denouncing the land-grabbers. Shaw and Shrewsbury's London show rooms have been burned down. October 7. InteUigence has been received from Rangoon that the camp of the rebel chief Boshway, in Upper Burmah, has been captured by the British forces, and the rebel leader has been killed. The French Government have decided upon forming an entrenched camp at Nitre. Five hundred of the worst convicts of France are to be deported to Cayenne, an ; island near the coast of French Guiana i belonging to Franco. The popularity of Princo Ferdinand in Bulgaria is Increasing, and the Government expect an immense majority at the elections, which take place on Sunday next. The tender of Messrs John Nowlem and Co. for the erection of the Imperial Institute has been accepted. Callman, the Moonlight informer, admits that he is a convicted thief, a deserter from the army, and also a drunkard The Church Congress now sitting at Wolverhampton have had under discussion the duty of the Church toward assisting emigration. The procession accompanying Lord Mayor Sullivan to the Police Court excited immense enthusiasm in the crowd. Sexton, the Mayor's secretary, and others seized the _ sword and tussled with the police for it, the aldermen and priests present shouting "Bravo! Hold on!" Dr. Kenny urged the police to side with the Mayor. The police finally used persuasion instead of force, and thus succeeded in putting an end to a scene of the greatest excitement. The charge was dismissed on the ground that the Crown had not proved its case, O'Brien was not attended by anyone. The Chinese Government have withdrawn the banking concessions offered for the establishment of an American bank in China.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA18871011.2.16

Bibliographic details

Grey River Argus, Volume XXXV, Issue 6008, 11 October 1887, Page 4

Word Count
1,420

LATE SPECIAL CABLE NEWS. Grey River Argus, Volume XXXV, Issue 6008, 11 October 1887, Page 4

LATE SPECIAL CABLE NEWS. Grey River Argus, Volume XXXV, Issue 6008, 11 October 1887, Page 4

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