CABLE NEWS.

New Zealand Mail, Issue 1666, 3 February 1904, Page 30

CABLE NEWS.

LONDON, January 29. Great excitement prevails in the Liverpool cotton market. American cotton rose to 8.40, there was similar advance in New York. The “Pall Mall Gazette says that the Hon. A. Lyttelton, in his reply to Mr Seddon, was worthy of Mr Chamberlain in his best manner. _ The paper adds that the Colonial Secretary has taken a common-sense view of the matter, and expresses the hope that Mr Seddon and lus colleagues, having protested, wall be satisfied. The Wellington Corporation loan of £330,000, 4 per cent., at 96, has been underwritten. LONDON, January 30.

The report of the National Mortgage Company of New Zealand shows a profit of £31,404. The director® recommend a dividend of eighteenpenee and a bonus of sixpence, placing at reserve £7115 and carrying forward' £7290. LONDON, January 31.

Lord Dunraven recommend® the establishment of the King’s College within Dublin University as Catholic in its atmosphere as Trinity College is Protestant- . A meeting of the Catholic laity m Dubllin endorsed the principle of Lord Dunraven’s proposals, and the bishops likewise agree with it. Mr Redmond insist® that the Government should make practical proposals on the subject this session. # In tbe election for -Ayr district. Mr Bobbie, Liberal, was returned, polling 3221 votes. Mr Younger, Unionist, polled 3177 votes

[This is a Liberal gain. At tbe last elections Mr O. L. Orr-Eiwing, Conservative, whose death was reported the other day, secured 3101 votes against 2511 vote® polled by his Liberal opponent, Colonel E. C. Browne.] The “Daily Express” states that many starving Australians tramped from the Transvaal to Capetown, including a State Minister’s son. LONDON, February 1.

Mrs Chamberlain unveiled a clock at Birmingham which had been purchased by subscription in commemoration of Mr Chamberlain’s services to the Emthe course of a non-party speech, Mr Chamberlain said the idea of visiting some of the great colonies had been familiar to him from the day he took office, and long before the Boer war was thought of he had hoped to visit and gain a closer and better appreciation of the Motherland’s colonies and of their mutual wishes and aspirations. The “Daily Mail” states that Mrs May brick (whose sentence of death for poisoning her husband was commuted on August 22nd, 1389, to imprisonment for life) is to be released on, license stipulating that she is not to appear on the stage, write a hook, or attract public attention.

Hackenschmidt (otherwise known as “the Russian Lion”) beat Medralli (the “Terrible Turk”) in Graeco-Roman wrestling for the world’s championship at the Olympia for £2OOO. The match was won in 44sec. Medralli’s elbow was dislocated. . Twenty thousand people were present. ‘ Mr George Marshall, the Duke of Newcastle’s agent,' wdio is in the habit of bringing large sums of money to London, left his bedroom locked in the Hotel Metropole for five minutes while he hsyl a shave. On returning lie found ten thousand pounds in notes and four or five Jiundrefl in coin had been stolen.

There is not clue to the robber or robbers.

The body of the late Whitaker Wright was buried in the Wit-ley churchyard. There were a thouand people present. The clergy omitted the usual prayers. BERLIN, January 30. In connection with the poisoning oases at the Alice Institute, Darmstadt (where decomposed tinned beans poisoned many ladies attending a cooking class), three more deaths are reported, in addition to the four deaths previously recorded. Nine others are considered to bo in a hopeless condition. BERLIN, January 31. Lieutenant Bueiow (who, with 120 men, was reported to have fought his way through and joined the Okoliandja garrison on January 17th) reports that the relief forces from Windhoek, with machine guns, had been repulsed. Eight were killed. Seventy men sent by train to establish communication with the base also had a severe engagement, and sustained seven casualties. Twenty-five Herreros wei*e killed. PARIS, January 30. By an explosion of acetylene gas at Cape Joquonaa, in the South of Fiance, ten persons were killed and seventeen severely injured. M. Leontieff. Russian explorer, whose mission to Abyssinia in 1901 created' considerable excitement; has been awarded forty-five thousand francs damages against the Paris Biograph and Mutoscopo Company for refusing to take pictures representing Menelik’s court. M. Leontieff gave Meneliff two quickfirers and forty thousand cartridge® to induce him to pose for the pictures. By a collision at Cannes, three of the occupants of an English motor-car were thrown twenty yards. Mrs Ratliborn, an American lady, was killed, and another lady had her arm, leg and collar-bone broken. Three men were also badly injured, NEW YORK, January 30. It is expected that Congress will increase the Naval Estimates. The order includes six first-class fighting ships. After the early record cotton dropped 57 points in New York, creating tremendous excitement. “Bulls” afterwards hid for all the July cotton in sight. Meanwhile at New Orleans May cotton broke 880 point® from the highest price. NEW YORK, January 31. There is unprecedented excitement in the New York cotton market owing to Liverpool speculation. Prices rose forty points in New York and sixty-five in New Orleans. A B. Baxter and Company, cotton brokers, with one hundred and twentyfive branches in the United! States,nave failed. It is estimated they last 100,000 dollars (about £20,000) daily for the last three months. ' CAPETOWN, January 29. ' The Kaffirs have joined the revolt of the Hereros tribesmen against the Germans at Okoliandja. CAPETOWN, January 31. Sir Arthur Lawley, Lieutenant-Gov-ernor of the Transvaal, has promised those persons who were excommunicated, and who are desirous of forming a new Dutch Church, assistance in proportion to wliat they would have receiver! from the grant to the Reformed Church. MELBOURNE, January 30. Sir George Turner estimates that there will be a falling-off in tbe federal revenue for the year. The first six months show® a fall of £186,000, and he expects that in the second half there will be a decrease of £400,000. The estimated increase in expenditure is £400,000. The first six months shows an increase of £464,000, including £130,000 in connection with the naval agreement, and £90,000 election expenses and sugar bounties. SYDNEY, January 30. The Labour Conference has finally adopted the following “fighting” platform plans in the order named:—Resumption of land for close settlement, amalgamation of savings and post office banks and Advances to Settlers Board into a State Bank, abolition of the Legislative Council, State Governor, and other unnecessary officers, the initiative and referendum, free education, cessation of borrowing, except for the redemption and completion of authorised works and undertakings which pay interest and 1 per cent. - sinking fund, and a progressive land value tax on all estates over £6OOO- - February 1. The Political Labour League Conference decided to make the cessation of sales of Crown lands a prominent feature of the party’s programme, also ta

favour the establishment of a PubliO Trust Office on the lines of the New Zealand office,State control of theiiquor traffic, and, where practicable, -State manufacture of alcoholic beverages. The well-known yacht Waitangi, which won the first inter-State race in Australia, sank at Noumea after a collision witli the Messageries steamer Pa~ cifique. The crew escaped.

At the Homebush sale® to-day competition was keen. Wethers were scarce, and brought 21s to 24s Id, ewes 18s 5d to 21s‘3d.

Cattle were easier. Best bullocks £ll to £l2 CsTgcod £lO, best cow® £7 15s, good £7. Best beef real.sed 25s per 1001 b.

The concluding week of the local wool sales opened briskly, and prices were well sustained. Greasy sold tap to Had and scoured to Is 7]d.