LATE CABLE NEWS

New Zealand Times, Volume LI, Issue 8857, 7 December 1889, Page 5

LATE CABLE NEWS

By Electric Telegraph—Copyright. (PER PRESS ASSOCIATION.) (Received December 7, 1 a.m.) THE CRIMES ACT. London, December 6. Speaking last night at Edinburgh to an audience of ten thousand persons, Mr Balfour, the Irish Secretary, vindicated the passage of the Crimes Act, aad said that Mr Gladstone had encouraged crime in Ireland. GAS STOKERS’ DIFFICULTY. jjONDON, December 6. The gas stokers who threaten to go out on strike explain that their action is prompted by a belief that the bonus system to which they are opposed will have the effect of destroying their Union, as those who agreed to it are compelled by their agreement to serve for a year. A SHIPPING CASE. London. December 6. The owners of the steamer Glencoe, which came into collision with the barque Largo Bay in the English Channel on sth February last, appealed against the decisiou of Justice Sir Charles Butt, of the Admiralty Division, that the collision was due to carelessness on the part of the officers of tho Glencoe. The appeal was heard yesterday, and was dismissed The Largo Bay was bound for Auckland when the collision occurred. AQUATICS. London, December 6. Bubear, the English oarsman, sailed for Australia per, R.M.S, Oroya yesterday. THE SULTAN’S TOUR. Constantinople, December 6. The Sultan will visit Berlin, Vienna and St Petersburg next year. PRINCE BISMARCK. Berlin, December 6. Prince Bismarck is recovering from his recent illness. COMMEROIALAND SHIPPING. London, December 5. At the wool sales the prices keep steady, though the occasional variations are in favour of the buyers. New Zealand mutton, South Wales mutton, 4d. New Zea land beef hindquarters 4d, forequarters 3f d; Queensland hindquarters, 3jd. Eleven thousand quarters of Australian wheat (Jauiiary-February shipment) sold at 35s ; 6000 quarters at 35s 9d. . Both shipments were in iron bottoms. New Zealand hemp is in poor demand, fine samples fetching LSI. Middlesboro’ pig iron is quoted at 60s 6d. (Received December 7, 1 a.m.) London, December G At the wool sales to-day prices were a shade easier. Sxdnet, December 6. Sailed—Waihora. SPECIAL. (Received December 6, 7.50 p.m.) London, December 5. The Departmental Committee on the question of investment of trust funds in colonial securities will reassemble on the 18th, when a Bill dealing with the subject will be considered. It is expected that the Bill which is already drafted will meet with the approval of the Chancellor of the Exchequer. The provision with reference to dividends is identical with the provision contained in the Bill prepared last year by Sir F. Dillon Bell. The Bill further provides that the legal procedure in respect to operating in colonial stocks shall be the same as that prescribed in dealing with Imperial stock.