LATE CABLE NEWS.

New Zealand Mail, Issue 1204, 29 March 1895, Page 17

LATE CABLE NEWS.

London, March 26. The glowing reports which were recently circulated regarding the discovery of a new process for the profitable treatment of Broken Hill sulphide ores were very much exaggerated, and the syndicate which proposed to erect the experimental plant has now abandoned the idea. London, March 27. Information has been received that two large French expeditions are encamped at Bagiba and Boussa, which are within the Royal Niger Company's sphere. The Governor of Dahomey commands the Boussa expedition. The Otago and Southland Investment Company issue .£150,000 worth of 4 per cent, debentures. Of this amount, £72,000 have already been subscribed. The present holders exchange terminable debentures. In the House of Commons, Sir W. V. Harcourt stated that the Government would introduce the Payment of Members Bill when it was considered practicable to do so. The Daily Telegraph insists that the reforms in Armenia should be carried out under English officials. The Leicester masters are making large importations of American boots. It is reported that Baron Hirsch has offered to buy Cyprus in order to turn it into a Jewish colony. The Powers, however, would not agree to the proposal. Berlin, March 26. I

In replying to the members of the Reichstag and the Prussian Diet who waited upon him with their congratulations, Prince Bismarck urged them to cling fast to the Imperial ideal, and not remain content with sectional interests. The aged statesman wept when recalling the memory of Emperor William [. The Kaiser is on a visit to Prince Bismarck. While at Fredericksruhe the Emperor William presented Prince Bismarck with a sword of honour. The ceremony took place in the presence of the troops, and was of a brilliant character. Berlin, March 27. Speaking at Fredericksruhe the Emperor William stated that the German Kings would use the sword to prevent internal revolt in the Fatherland. Prince Bismarck replied that the salvation of Germany depended on its adherence to the dynasty. Shanghai, March 26. The Bubonic plague, which ravaged parts of China last year, has made its reappearance in Hongkong. Ottawa, Mai-ch 27. Newfoundland will make default in June unless the colony obtains a loan of half a million dollars. London, March 26.

The importers made a suggession that butter should be stored in Melbourne in order to regulate supplies. Several companies are willing to tender to carry meat and butter at rates below the P. and O. Co.'s charges. New York, March 26. It is reported that Germany has offered to admit live cattle and frozen meat into the country when convinced that an adequate system of inspection is carried out. Brisbane, March 27. An influential firm in Austria is negotiating for shipments of live cattle from Townsville to Hamburg and Trieste during six months in the year. Melbourne, March 37. Mr Duthroit, a leading Convent Garden fruit merchant, has arranged to receive large shipments of apples from Victoria. His firm hopes the Government will find it practicable to brand the casea with a Government brand, which will help the sale of the fruit immensely. The Cape, March 26. The Opposition Party in Parliament is convening meetings to protest against the appointment of Sir Hercules Robinson to succeed Sir Henry Loch. The Afrikander Bund supports the selection of Sir Hercules. Tokio, March 26. Li Hung Chang's assailant belongs to the party known as the Soshis, composed of political bravos.

Li Hung Chang declined to permit the Mikado's own surgeons to extract the bullet.

The Empress of Japan sent nurses to attend the wounded statesman. Melbourne, March 27. Following upon the recovery in Sydney, the Melbourne Stock Exchange has taken heart, and there has been active business during the past week or so. There is a strong upward movement in bank deposits and preference shares. Brisbane, March 27.

Several of the earlier shearing sheds are in full swing. Plenty of men are offering, and so. far there has been no trouble. The Government is taking action to prevent any officer or member of the crew of the William Manson from again engaging in the Island labour traffic. The Ministerial portfolios are to be rearranged this week. Mr H. M. Nelson becomes Chief Secretary and Colonial Treasurer, Mr D. H. Dalrymple Secretary for Public Instruction, and Mr R. Philip Minister for Railways. Sir Thomas Mcllwraith retains a seat in the Cabinet without portfolio. Perth, March 27. At McGregor's find, Mount Catherine, nearly 500 oz gold has been obtained from 2cwt of stone. A rich shoot of gold has been traced along the outcrop for 100 feet.

Sydney, March 27. The barque Pisagua has been towed into Noumea safely. She is leaking badly below the waterline. At a meeting of members ot Parliament who favour the local option principle, it was agreed that there was no chance of making substantial progress this session with the movement, on account of the Premier's promise to introduce the Local Option Bill next session. In the Legislative Assembly to-day, the Local Government Bill was read a second time on the voices, and made good progress through committee. Adelaide, March 27. Lord and Lady Hopetoun sailed to-day by the Parramatta for England.

THE CHINA-JAPANESE WAR.

Shanghai, March 26. The Japanese have captured all the ports in the Pescadores. London, May 27. Telegrams from St. Petersburg assert that Li Hung Chang has been authorised to offer Japan an indemnity, the payment of which is to be guaranteed by the temporary occupation of the Chinese, territory now occupied by Japanese troops. He is also empowered to offer cession of Foochow, Magicosima, Batan Baduya and Formosa, but is instructed to oppose the cession of the Lia-tong Peninsula, although China will agree to its being cieated a buffer State if it is placed under the joint protection of Russia, France and Great Britain.