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NEWS BY CABLE.

Bv Electric Teleorsth.—Copybiodt

(PRESS ASjoblAttON.)

general news. Constantinople, August 1. The Turkish Court of Appeal has maintained the sentence of death passed on live Armenians, but the sentences of the others have been reduced. ~ London;, August 1. The Prince of Wales’ .yacht Britannia, with her owner and the Einpepor of Germany on board, won the 40 top yacht race at the Cowes Regatta. The Valkyrie w.as second, and ■ the . ■ Ariiei'iCaii boat Navahoo third. The Emperor assisted in setting the sails, and took his spell at the helm with the rest., ~ i Berlin, August i. Th,e Tofisissho Seitung says that Russia is trying by means of a hostile tariff to bring about a rupture between the members of the Triple Alliance. Prince Von Bismarck’s organ believes that Italy is. secretly allying itself with Ifussia; because it has no faith in Great Britain; ti •• ! Rome, August 1. This Pope has declined to interpose in the French elections. (Received August 2, 7 p.m.) New York, August 1. News has been received that peace is restored in Nicaragua.

UNION BANK QP AUSTRALIA. , LbNtjpif, August J. At tile meeting of the Union Bank of Australia, a dividend of LI per share for the half-year, equal to 6. per cent pot annum, as recommended by the directors; was agreodjtd. , j, ; . , Mr A. blower, the chairman,, said that when the recent crisis began the bank’s cash reserve ,w.as 25, per cent of the total liabilities, ahd ; ,it never sank below 24| per cent. It had now .readied SO per cent, Me paid a high tribute to Mr Finlayson, tlio general manager, for his action during tlio crisis, and announced that the directors would shortly recognise his services in a substantial shape. The bank had lately acquired much fresh and valuable business.

MOUSE OF CdMMONS , PENITENT.

London, August 1

, After an apolgy from the Premier and Mr Balfour; the .Speaker , btiripd the recent infiidpnt in a few well chosen words. The newspapers are. unanimous in oppressing a, feeling .of . relief that the matter has been amicably adjusted.

(Received August 2, 7 p.m.) AN UNSOLVED MYSTERY. London, August X,

The inquest concluded to-day on the remains of Mr Richards, of Broadatairs, a bathing platie in Kent, who, Was killed a week ag'B through tlio explosion of a pardel, brought to him through the. post. The evidence adduced failed to show a cause,.for. the outrage; and the mastery remains unsolved.

(Received August 3, 1 n.ra.) THE COWES REGATTA.

London, August 2. The ‘ Cowes Week,’ the great yachting carnival of the year, opened on Monday. The Handicap Race for Her Majesty’s Cup was won by the German Eulperor's Meteor (better known by its original name of the Thistle) The Valkyrie was disqualified through sailing a wrong course.

ANOTHER JEWEL ROBBERY; London, August 2. A,btirglary has hobn committed at the residence of the Countess of Wilton, at Maidenhead, and her jewels of the value of several thousand pounds have been stolen.

(Reosived August 2, 7 p.m.) COLONIAL GOVERNMENT STOCKS RISING. London, August 1. A South Australian wheat cargo sold at 2 fg The wheat market is (Sd per quarter lower this week.

Indian 4 per cent rupee paper is quoted on the London Stock Exchange at L6B 17a 6d per 1000 rupees. Three mouths’ bills are discounted dt 2£ per cbiltj behig art advance of £ per cent.

Colonial Government stocks ate steadily rising.

(Received August 3, i a.in.) MARKING PRCtZEN MEAT. London, August 2.

The committee (presided over by Lord Onslow) appointed to enquire into the question of marking frozen meat have submitted their report. They find that there has been much evasion of the Trades Mark Act, but that the offence is principally confined to tho retail trade. They believe that in the event of imported meat being marked and recognised by the public its popularity would increase to such an extent that it would displace second class Home grown meat. The committee recommend that butohers,deniing in imported meat, should be registered.

PORK ‘ CORNER ' COLLAPSED. New You*. August 2. Tho pork ‘corner* in Chicago has collapsed. Many failures have resulted in consequence, and there is great excitement, as the liabilities are said to be some millions sterling. COMMERCIAL. Washington, August 1. The run on the New York Savings Bank is subsiding. About L 300,000 in gold is expected at New York from London on Wednesday. Sydney, August 2. Wheat—Chick, 3s 3d ; milling, 3a 6d. Oats are quiet, but firm—Bright heavy feed, 2s XOd ; Tartarian, 3s. Maize— Prime dry, 3s Bd. Barley—Cape, 2s lOd to 3s. Bran, 3d to B|d ; pollard, B£d to 8&d. Peas —Prussian Blue, 4s 2d. Potatoes —Local, L 5 10s ; New Zealand, L 5 15a; Circular Heads, LG 10s to L 7. Onions, L 6 5s to L 6 10a. Butter—Dairy, lOd ; factory, Is. Cheese, 3d to 5d ; bacon, 4dfco7d ; hams, New Zealand, Is. Melbourne, August 2.

Wheat, 3s to 3s o£d. Flour—Stone, Lfi 5s to L 6 15s ; roller, L 6 17s 6d to L 7 7a 6d, Oats—Algerian, Is lid to 2s o£d ; stout, 2s 4jd; Tartarian, 2s 2Jd to 2s did. Maize, 3s 2d. Barley—Cape, 2a 2d. Peas, 2s 5d ; bran, 8d ; pollard, 9d ; potatoes, L 4 10s ; butter, 5d to lOd ; cheese, od to sid; flax, Ll 7toLl 9. Adelaide, August 2.

Wheat, 3s to 3a o£d. Flour—Stone, L 7 7s 6d to L 7 10s ; roller, L 7 12s fid to L 7 17s fid. Oats—New Zealand, 2s 7d. Bran and pollard, Bid. A quarter of a million of Treasury bills have been applied for twice over.

The New Zealand Laud Association (Limited) have received tho following cablegram from their London office, dated Slat inst Wheat and FlourForeign arrivals are heavy, and in consequence the market is glutted and depressed. New Zealand wheat, f.a q., is worth, c.i f. to anive, 26s fid pcc4Bolbs ; new crop. Spot quotations have declined Is per 4961ba since last report.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM18930803.2.16

Bibliographic details

New Zealand Times, Volume LV, Issue 9970, 3 August 1893, Page 2

Word Count
986

NEWS BY CABLE. New Zealand Times, Volume LV, Issue 9970, 3 August 1893, Page 2

NEWS BY CABLE. New Zealand Times, Volume LV, Issue 9970, 3 August 1893, Page 2