NEWS BY CABLE.

New Zealand Times, Volume LI, Issue 9139, 10 November 1890, Page 2

NEWS BY CABLE.

By Electric Telegraph.—Copyright. (PER PRESS ASSOCIATION.) AMERICAN ELECTIONS. New York, November 7. It is said that the Democrats will be likely to reduce the Republican majority in the Senate to six. The Farmers’ Alliance claim to have punished the Republican party for denying the people the right of free coinage, and they threaten to treat the Democratic party in the same way unless they agree to enlarge the volume of currency. (Received November 9, 10.40 a.m.) New York, November 8. McKinley’s chief associates have been defeated in the election. IRISH AFFAIRS. London, November 7. The Parnellite press is savago at the splendid reception Mr Balfour received on his arrival in Donegal. SEVERE STORMS. London, November 8. Severe storms have been experienced off the English coast, and Viscount Cantelupe has been drowned by being washed off a yacht off Belfast. [Lionel Charles Cranfield, Viscount Cantelope, was the eldest son of Earl De-la-Warr, Ho was born in 1868, and was a Captain in the 3rd Royal West Surrey Regiment (Militia),] EXPLOSION IN CHINA. Pekin, November 8. The Government powder mill at Taiping exploded and three hundred persons were killed. SEPARATION OF QUEENSLAND. London, November 8. The Colonial Office are surprised at the result of the Separation division in Queensland, and have assured Mr Hatton that the Separationists have done even more than Lord Knutsford, the Secretary for the Colonies, had expected. A large deputation of Queensland representatives wait on Lord Knutsford as soon as Parliament meets, urging him to introduce an Enabling Bill. AN ANTARCTIC EXPEDITION. London, November 8. Sir Thomas Elder has offered the Victorian Government, through Sir Montagu Ommaney, the sura of L6OOO towards an antarctic expedition, provided that the expedition is adequately equipped and purely scientific. He also considers that the Australian and Imperial Governments ought to contribute to the cost of the expedition.

COLONIAL BORROWING. London, November 8. Westgarth’s Circular states that the continuance of the Victorian borrowing policy will lead to a serious loss of credit, and that no colony will be able to borrow at present, even at 5 per cent, below the last loan. (Received November 9, 8.30 p.m.l A FEMALE ASSAILANT. London, November 8. A Miss Biordau has been arrested on a charge of shooting Professor Bright’s daughter. H.M.S. RINGDOVE. London, November 8. H.M.S. Ringdove, which sailed for Australia on Thursday, has been compelled to return to port, owing to slight defects in her machinery. A NEW ATLANTIC LINE. London, November 8. An offer made by a syndicate, including the Marquis ol Hartington and Messrs Barings and Rothschilds, to build a line of fast Atlantic mail steamers, provided the line is subsidised by Canada, has been accepted by the Canadian Government. (Received October 9, 10.40 a.m.) STANLEY AND BARTTELOT. London, November 8. Mr H. M. Stanley’s charges against Major Barttelot are now more specific, and it is alleged that the latter was killed owing to his cruelty to the natives. It is probable that a libel action will be instituted against the publishers of the book by Major Barttelot’s friends. (Received November 9, 8.20 p.m.) London, November 8. The Times, referring to the charges levelled against Barttelot by Stanley, says that Stanley has accused Barttelot on hearsay evidence of persistent, vindictive, and malignant cruelty ; but on the other hand Barttelott implied that Stanley would not have hesitated to poison him. The same journal also says that Stanley was informed that Jamieson (who succeeded to the command of Barttelot’s party after the murder of the loader, and who subsequently died of fever) purchased a native girl whom one of the cannibal tribes encountered by the expedition killed and ate, so as to enable Jamieson to vividly describe and sketch a cannibal feast. Mrs Jamieson, however, declares that the person from whom Stanley received this information has since admitted to her that he did not tell Stanley the truth.

COMMERCIAL AND SHIPPING. London, November 7. The Bank of England returns published to-day show the total reserve in notes and bullion to be L 11,206,000. The proportion of reserve to liabilities is 34.90.

Consols, 94£, firm. New Zealand 4 per cent inscribed stock, 103|[; do, 94|. South Australian wheat, 38s 6d, market firmer; Victorian wheat, 38s, firm ; New Zealand long-berried wheat, 37a, steady, market firmer. Kauri gum, good pale scraped, L 5 10s. New Zealand cheese, heat quality, 48s per cwt. Sugar—Best German beet, 12s 6d, firm; Java, 15s 3d. The bank rate of interst is now at 6 per cent. The rise is believed to ho due to the efflux of gold to Spain. Melbourne, November 8. Sailed—Monowai, s.s., for tho Bluff. Albany, November 8. Arrived —Oceania, s.s., from Plymouth. Passengers for New Zealand—Mr and Mrs Halisburton, Mr and Mrs Campbell, Mesdames Gaffken and Bennett, Misses Gaffken, Hall, Ramsay and Newman, Dr Wilson, Rev Ramsay, Messrs Hugill, Woods, Mander, and Pouelton. Sydney, November 8. Sailed—Presto, forKaipara. (Received November 9, 10.40 a m.) London, November 8. The Bank rate of discount has been raised, fearing the withdrawal of two millions of money for Spain. Silver is quoted at 3s lid. As compared with 1889, the imports have decreased L 484,000, while the exports fur the same period have increased L 592.000. (Received November 9, 8.20 p.m.) London, November 8. Despite the rise' iri the B a nk rate of discount, it is probable that gold to the valuo of half a million will be withdrawn for Spain and Portugal, ami it is possible that ■'thh ‘Bank of France will release gold to prevent a crisis. ’ 1 ’ ' ' There‘is a gloomy feeling prevalent on the Exchange, and a decline in prices; especially ’nr Argentine stocks, Is'' excent rate of discount is feared. The New Zealand Loan and Mercantile Agency Company (Limited) have received

the following cable messages from their London office, dated 7th inst., viz. : Frozen Meat.—Mutton market firmer. Canterbuiy is worth 4d and Wellington 3|d per lb. Supplies of American beef are light. There is a fair demand. New Zealand beef, fore-quarters, is wo-th 3Jd and hind-quarters 3Jd per lb. Tallow. There is rather better demand. Fine mutton is worth 26s 6d, and good beef 24s 9d per cwt.