LATEST CABLES.

Hawke's Bay Herald, Volume XXIX, Issue 9722, 3 July 1894, Page 6

LATEST CABLES.

(PH PRESS ASSOCIATION.—COPYRIGHT.] ENGLAND. (Received July t, 1.15 a.m.) London, July 3. The National Bank of New Zealand declares a dividend of 5 per cent for the year, and carries forward £15,000. In tbe Hrnse of Commons the Chancellor of the Exchequer’s clause, exempting properties tn the colonies from the estate duties, was passed without a division. The Budget has passed through com. mines. In spirits the increase was reaffirmed by a majority of 13. Tae Tima asserts that the Bank of Kew Zealand arrangement has been pending for the last three months, The Seotsmaa asserts that the Scotch deposits have been diminishing for same time, and that the guarantee places tfee bank in a more really solid posiiin than it has been in for some Tears. The Fin-ir.c ! al Times considers that unless the Bank of New Zealand make* default na the new preference thares no call wfl. be made.

CANADA. Ottawa, July 3. At tbe Conference the Hon. F. Sntton (New South Wales) opened a discussion on tbe Pacific cable. Lord Rosebery cabled to the Frr-siient of the Conference expresslig sympathy with the aims and Interest in the proceedings, and he .hoped ft would be a happy augury for the future of the Empire. CHINA. Hong Kong, Jniy 3. It l« reported that the Chinese Government have asked Russia to mediate with J»psn re Corea. BULGARIA. Sofia, July 3. M. Stamba'ofl has been warned that Russia intends to reenpy Varna and

Brargai?. FRANCE. Paris, July 3. M. Papny retains his colleignes. The Anarchists threaten to kill the new President nn!c : s Santo is pardoned. M. Castmir Perier has forwarded a message rf thaik? to the German Emperor for releasing the two Fretch AMERICA. Washington, Ju'y 3. The Senate has repealed the sogar bounty. The President has ordered the troops to arrest the lenders, of the strike on the charge of conspiracy. NEW SOUTH WALES. Sydney, Tuesday. At the stud sheep sales to-day the bidding was spirited. The following are tbs average prices for LeicestersMr Gregg's, ewes £2 Hs 7d, rams £2 15s Id ; Mr Ihrelkeid’s hoggets £3 13? 61; Mr Murray’s rams £lO 10s. For Romney Marsh, Mr Reid's rams £3 6 ; Mr Burrow,.' rams £3 5? Sd, flock rams £2 2s, lambs £2 Ss 21; New Zealand and Australian Land Company’s £3 3s; Mr Wilis's ram hoggets £5 If? 103, ewes £lO IS* 1111 ; Mr Dalton’s ram* £1 10s 91; Mr Duncan's rams £2 10? 7d. Mr Grant's Leicester rams £1” 6*. Lincoln ram? ; Mr Taylor's rams £2 2?; Mr Bosanko’s rams £2 So 53 : Mi Seddon'* rams £2 10? 6d ; Mr torn'* rams £2 2s : Mr Hawes's rams £2 7? 31 ; Mr Pickering's rams £3 3? ; Mr rams £2 15? 61; Mr May's rams £2 7? 31; Mr Menlove's rams £2 ISi Id, ewes £4 4?.