CABLE NEWS.

Hawera & Normanby Star, Volume XVIII, Issue 3199, 15 August 1892, Page 2

CABLE NEWS.

By Electric Telegraph. — Copyright

(PER PRESS ASSOCIATION.)

LONDON, August 11.

At a meeting of tbe shareholders of tbe Bank of New Zealand the Hon. Sidney Glyn stated that the business of the institution was in a prosperous and healthy condition. He proposed to spend the English winter in New Zealand, and would embrace the opportunity of studying the bank's affairs. Mr. Glyn declared tbat tbe increased deposits id New Zealand over- compensated the withdrawal of English capital. New Zealand seourity, be contended, was the safest of the Australasian colonies, and be hoped shortly to pay tbe Estates Company's debentures and substitute others at the lowest rates of interest. Mr. James Fergusson and Mr. Herbert Fison have been re-eieoted members of the London Board. LONDON, August 12.

The Paris correspondent of the Times states that the Moorish Minister who took part in the agitation against the British Commissioners at Fez, and who prevented the Sultan from agreeing to terms of Sir Euan Smith were bribed by the French agents.

LONDON, Ausasfc 13.

The naval manoeuvres have concluded.

Tbe Standard gives tbe following as the new Government:— Sir Vernon Haroourt, Chancellor of the .Exchequer ; Lord Bosebery, Foreign Affairs; Hon. J. Morley, Secretary for Ireland ; Henry Campbell' BaDnerman, Minister of War; Earl of Kimberley, Secretary for the Colonies ; H. H. Fowler, Home Secretary ; Marquis of Bipon, Secretary for India ; Earl of Aberdeen, Lord Lieutenant of Ireland. Mr. Laboucbere will be attached to the Home Office, but will not have a seat in tho Cabinet.

Mr. Gladstone has received the Eoyai summons to attend at Osborne.

Rear-Admiral Bowden Smith, who succeeds Lord Charles Scott in command of the Australian Station, hopes to retain tbe Orlando as flagship.

The shareholders of the Mercantile Bank of Melbourne consider that tbe explanation of Sir M. Davis, the colonial representative, is far from satisfactory. CALCUTTA, August 12. Grave details are coming to hand of tbe Arab rigiDg.