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CABLE NEWS.

By Electric Teleqkaph. — Copyright (pek press association.) LONDON, Juce 22. A meeting of creditors of the Royal Bank of Queensland has been adjourned till sth July to give the Brisbane board an opportunity of considering amendments in tbe reconstruction scheme. Persistent reports are current that three members of the Cabinet dedre to suspend the Hoce Rule Bill and proceed with other measures, It is reported that a syndicate contemplated offering New South Wales a considerable amount upon short dated debentures, but Sir S. Samuel denies that he has received any overtures or tbat the colony is in immediate want of money. Mr Wilson believes tbat there is Httla chance of establishing trade in Australian bacon with England. Sir A.. Clarke has made enquiries, which show that the heavy freights destroy the prospects of the Australian colonies being able to export hay at a profit. Corporal Lury, of the New South Wales cavalry, took first prize in the sword v. lance contest at Dublin, and Corporal I Cole firat in lance v. bayonet. Number one team of tbe Victorian artillery secured first prize in the driving competition. The Victorians also got first prize for wreßtling on horßeback, and Driver Eyan was first in the lemon-cutting and second in the Victoria Cross competition. Some of the other men secured places in several events. SAN FBANCISCO, June 22. A run on the Californian banks has caused many to suspend, being unable to realise their loans on real estates and other investments. NEW YORK, June 23. Daring a thunderstorm a circus showing in Wisconsin was strnok by lightning. Eight persons werb killed and 30 injured. SYDNEY, June 22. The shipowners have merely acknowledged the receipt of the seamen's letter, requesting a conference to diecuis the question of reduction in wages. It is understood that one of the seamen's proposals, if the conference were granted, would have been for the establishment of a system, showing the profits made by the owners. A conference between the colliery owners and the miners of the Northern colliery has been arranged for next month. The Government have made enquiries through the Agent-General in London of the proepeot of Paraguay in view of tbe early departure of emigrants Irom New South Wales to form a New Australia. Tbe Paraguay consul in London has informed Sir Saul Samuel that tbe country is most suitable for agricultural industries for people with means, but he doeß not advise emigrants without money to go there. The increase in the number of cable messages transmitted sinoe the beginning of tbe year has considerably reduoed the liability of the colonies in connection with tbe guarantee. Tbe Eastern Extension Company deficiency for tbe year ended 30th April last amounts to £43,900 of which the colonies bear half. Mr Eeid declines to participate in Mr Barton's echeme for the establishment of an Australian Federation League. Ho considers there can be no full develop, ment of the subject after tbe Commonwealth Bill has been discussed in Parliament, and suggests either tbat a special session be held or that Parliament meet earlier tban usual to deal with the question. While he is desirous of promoting federation, his first task wil? be to advance free trade. SYDNEY, June 23. The Kailway Commissioners have diemissed three drivers and one cleaner said to be disloyal servants. ALBANY, June 23. Arrived—Orizaba, from London. The paßßengers for New Zealand are — Mr and Mrs Merrall, and Sharp.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HNS18930624.2.14

Bibliographic details

Hawera & Normanby Star, Volume XX, Issue 2462, 24 June 1893, Page 2

Word Count
573

CABLE NEWS. Hawera & Normanby Star, Volume XX, Issue 2462, 24 June 1893, Page 2

CABLE NEWS. Hawera & Normanby Star, Volume XX, Issue 2462, 24 June 1893, Page 2

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