LATEST HOME A FOREIGN NEWS. (By Electric Telegraph.—Copyright.) (PER PRESS ASSOCIATION.)

North Otago Times, Volume XXXV, Issue 7269, 17 October 1891, Page 2

LATEST HOME A FOREIGN NEWS. (By Electric Telegraph.—Copyright.) (PER PRESS ASSOCIATION.)

Reoeived October 16, at 10.20 a.m. (London, October 15. At a meeting of shareholders of the Bank of South Australia accounts wore adopted and a Committee was ' appointed to confer with the Directors t upon the management of the bank. It was also decided to reconstruct the » Board of Directors. Proposals to reduce the capital were passed untmi- [ mously. : The crankshaft of the Parramatta's frozen meab chamber has broken down r in the lied Sea, and it is feared that - all tho mutton on board must havo been destroyed. Mr Stanhope, Secretary of War, 'j speaking at Spilsioy, deplored Mr Gladstone's reckless refoiences to 1 Egypt The troops, however, would [ remain theie till their mibsiou was \ accomplished. ' Tho galo continues to rage with grei>t violence. The harbor extension vf&vka At DoVer liavo been destroyed. Inland many houses and trees wore injured by tho force of the wind, and rivers aro overflowing their banks. New York, October 15. t Mr John Dovoy, editor of tho Irish World, expresses sympathy with Mr Parnell, and expresses the opinion that tho interference of the priests in Irish politics must bo stopped. Kecoivod October 16, at 10.40 a.m. London, October 15. A survivor from tho wreck of the cattle steamer off tho banks of Nowfoundland states that forty-two were drowned. It is alleged that the crew and officers were drunk, but the whole story is doubtful. Tho Irish League of Great Britain urges the Irish people to forco tho bishops and priests to retire from politics. Rome, October 15. ] talian papers assorb that tho Premier showed M. de Giers the text of tho Triple Alliance, in order to convince him that its terms are all in favor of peace. Tho trial of 60 anarchists has begun in Rome. There are 325 witnesses, and 35 counsel are engaged. Paris, October 15. Ono Paris houso alone has received tenders sufliciont to covor the whole Russian loan, nm\ it is expected that tho amount will be covered several times over. Admiral Burloy, Ministor for Marine, opposes M. Brisson's scheme for reorganising tho navy. St Petersburg, October 15. RuEsia will probably prohibit tho export of oats. Troops are being massed in tho famine districts to keep order. Received October 16, afc 10.50 a.m. London, October 15. Sutheridge, a radical, will oppose the son of the late Mr W. II. Smith for the Strand seat. For tho Newcastle (Now South Wales) municipal loan of L74,000, at 4 per cent., only the sura of LG000 was tendered. The loan will remain open for a week. The Carnival, from Newcastle (N. S.W.) is posted at Lloyd's as missing. Mr-John Burnett, the Labor correspondent of the Board of Trade, reports that the demand for skilled labor is steadily decreasing at Homo in respect to the chief industries, and that 86 strikes took place during August and 64 during September. The Parliamentary Committeoof the Trades Congress is framing a Bill requiring tho assent of a two-thirds majority to enforce the recognition of the principle of eight hours per day. Bolioving thab the leaders of tho Dockers' fjnion have no real control over tho doekors, tho riverside employers are organising a system of giving a certain number of men permanent employment at 24s por week, working 8 hours a day, and with pensions, thus doing away with casual hands. Four-fifths of tho men already employed ab the docks are permanent hands. Betting on the Oesarewitch was heavy. Mr J. Thompson's (the Le/iathan) book was a L100.000 one. Koceived Ocitober 16, at 0.30 p.m. London, Ootober 15. The following is tho result) of tho

Middle Park Plate: Orrae 1, El Diablo 2, Gauntlet) 3. Ottawa, October lo. Tho delegates from the British Fur mera' Union are resuming the inspection of the resources and capabilities of Canada as a field for emigration. Received October 16, at 1.15 p m. London, October 15. Tho Pall Mall Gawtte says that tho oflor of pensions l)y employers to dock laborers is possibly u dodge to reduce wages and smash unions Mrs Parnoll isyoriously ill. The St. Jttiues'GnzotW} says thab the movements of the Russian expedition to the Pamir Plateau aro taking place upon the Afghan and Chinese territory, and that England and China will probably take joint action in tho matter. Pore Ifyaciabho has becomo a converb to Theoaophy. Tho Newcastle Daily Leader oxpresses a fear that Australia is capturing the Indian coal market. Paris, October 15. The Gaulois says that Baron Hirsoh is tho largest! subscriber to tho Russian loans. Buknos Avrkb, October 15. The Argentine Chamber of Deputies has rejected the proposals for a forced currency. Received October 16, at 7-30 p.m. London, October 15. The weekly returns of the Bank of England, published to-day, show tho total reserve in notes and bullion to bo L1.3,7GO,OOO, being a decrease of LI 60,000 as compared with tho previous week. Tho proportion of the reservo to tho current liabilities of the bank is 38*00 per cent. Consols, di'l. Now Zealand 4 per cent inscribed stock, 102£ j 3£ per cent do, 93 j. New Zealand long-berried wheat is firm at 44s Gd. Canterbury lamb, 5*d por lb ; "Wellington mutton, 3|d." Beef—hindquarters, 3gd. South Australiau wheat is firmer a*> 45s ; Victorian is firmer ab 44s Gd. Sugar — German beet, at 13s 4£d ; Java, quiet ab 15s 3d. No. 1 Besb Scotch pig iron, f.o.b. in Clydo, quiet, ab 47s.