CABLE NEWS.

Hawera & Normanby Star, Volume XX, Issue 2397, 8 April 1893, Page 2

CABLE NEWS.

By Electric Telkupaph. — Copyright,

(PEK PRESS ASSOCIATION.)

LONDON, April 6.

Tbe Scotsman declares that before tbe Scotch depositors will extend their deposits, as proposed tinder the reconstruction scheme, they will require to learn what prospects there are of shareholders being able to pay calls or unpaid capital, since shareholders will be certain, to find great difficulty in realizing securities in the present demoralised state of monetary affairs in tbe Australian colonies. A broker who was instructed to sell Victorian 3A per cent, stock to the amount of £25,000 at any price he could get, realised the whole at 88£.

Sir John Gilbert, E.A., has presented his pictures to the art galleries in London, Liverpool, and Manchester.

NEW YOEK, April 7.

Intelligence is to hand tbat a mob, in Peru, sacked the American consulate and wounded tb? consul. Tbe Peruvian police remained impassive. The Amerioan Government is demanding reparation. MELBOUENE, April-7.

The Australasian, commenting on the agitation in New Zealand against totalisators, says what is required is legislation similar to that adopted in Adelaide to cope with the difficulties. It adds that if New Zealand legislated on the same lines the agitation would be completely disarmed.