NEWS BY CABLE.

New Zealand Times, Volume LV, Issue 9971, 4 August 1893, Page 2

NEWS BY CABLE.

By Klvothio Tei,kqrafh.—Copyright

(PBKSS ASSOCIATION.)

GENERAL NEWS

Buda Pesth, August 2. The Hungarian harvest is largely in ex. cess of tha estimate.

London, August 2.

A select committee of the House of Lords has unanimously eliminated the betterment principle from the County Councils Bill for the improvement of London.

The Pall Mall Gazette publishes a forecast of the Behring Sea Commission's award, predicting that British claims will be upheld throughout, and that stringent regulations will be laid down for the future administration of the seal fisheries. Buenos Ayres, August 2.

The Argentine Congress has refused to Intervene to suppress the revolution in the San Luis and Rosario provinces.

(Received August 3, 7 p.ni.) New York, August 2.

Intelligence is to hand that the rebels have captured Rosario, Bahia and Blanal. (Received August 4, 1 a.m.) Lonhon, August 3. Lord Dufferin, the British Ambassador in Paris, has arrived in England. The price of coal has advanced fis per ton since the strike. Mr William Henry Grenfell, M.P. for Hereford, has resigned his seat in the House of Commons. He was strongly opposed to the retention of Irish members at Westminster, and to the closing of Indian Mints for the coinage of silver. Cholera has appeared both at Gravesend and at Great Grimsby, but so far the oases are confined on board the ships which brought the disease. Buenos Ayres, August 3.

The Radicals have overthrown the Santa Pe Government. In a riot 100 were killed. At Rosario, also, a riot occurred and 300 were wounded.

COLONIAL FEDERATION. London, August 2.

The Times says the Federation Party in New South Wales may possibly give the impetus required to colonial union. Sir Henry Parkes is the natural leader of the Federationists. The Times further states that the Australians consider that England would reap the greatest advantage from the union of the colonies. If federated the colonies would incur increased risk of attack. The security of the present system lies in the absence of definite connection between the colonies. Miss Shaw, in an article in the Times, says there aro only two causes which are likely to arouse the cultivated classes in Australia, namely, danger to the public finance and Federation, but the public is apathetic about the latter.

HOME RULE BILL. London, August 2. Mr Gladstone, in a letter to his constituents, justifies the retention of the Irish at Westminster, and says it is ridiculous to suppose that they can control the decisions upon English questions. When the Home Rule Bill is reported from Committee, the Unionists intend to move all the amendments which .were shut out by the closure.

BANK OF NEW ZEALAND.

London, August 2.

At the annual meeting of the Bank of New Zealand, Mr R. H. Glyn, the chairman, said the deposits were increasing faster than the bank could possibly employ them. The advances to the New Zealand Loan and Mercantile Company were amply secured. The report was adopted, and the retiring directors were reelected.

(Received August 4, 1 a.m.) THE COWES REGATTA,

London, August 3.

At the Cowes Yachting Carnival the Prince of Wales’ Britannia won the Meteor Challenge Shield. The Prince and his son, the Duke of York, were on board the yacht. The Luis won the Australian Cup.

COMMERCIAL.

London, August 2,

The Financial Times thinks the natural expansion of revenue will soon extinguish the Victorian deficit, and also considers that the scheme promulgated by Sir George Dibba must reassure the creditors of New South Wales.

An additional L 600,000 in gold has been sent to New York.

The quantity of wheat and flour afloat for the United Kingdom ia 3,080,000 quarters, and for the Continent 1,500,000 quarters. (Received Augusts, 7 p.m.) London, August 2. The American visible supply of wheat ia 68,700,000 bushels. (Received August 4, 1 a.m.)

New York, August 3. There is a bitter feeling in financial circles throughout the States.