GENERAL CABLE NEWS.

New Zealand Times, Volume LVII, Issue 2519, 24 May 1895, Page 2

GENERAL CABLE NEWS.

By Ttdegrnjdi.—Press Aewctation. —Copyright

Received May 23, 0.50 p.m.

THE NEW PLYMOUTH BONDHOLDERS AND NEW ZEALAND STOCK.

Losuon, May 22.

Tho holders of New Plymouth Harbour Board bonds have induced a section of tho brokers to petition tho Stock Exchange not to quote Now Zealand 3 per cent, stock.

OTAGO AND SOUTHLAND INVEST MENT COMPANY. London, May 23.

At a meeting of the Otago and Southland Investment Company. Mr James Jackson, who presided, said that tho last debenture issue by the company resulted iu .£92,C00 being subscribed. In the year, .£265,000 of debentures had expired, and these would be renewed at 93, the remainder being paid. Received May 21, 0.50 a.m. LORD SALISBURY ON THE SITUATION. London, May 23. Lord Salisbury, speaking at BrndforJ, urged tho Government to attend to social reforms instead of disintegrating Uio Empire and upsetting churches, lie declared that the spread -of Socialism proved the existence of evils requiring a remedy. BIMETALLISM. Berlin, May 22. The Lower House of the, Prussian Diet, by a majority of 93,.adopted Herr Areudt’s motion asking tho Government to convene a monetary conference with a view to securing the adoption of bimetallism by all the countries of tho world, including Great Britain, Received May ’ 21. 0.50 a.m, London, May 23.

' Sir William Harqourt, Chancellor of tho Exchequer, addressing a mooting in tho City, appealed to the experience of fifty years in ‘ favour of a gold standard, and said tho Government -would never favour bimetallism on auy eonditions.

THE VIRGINIA MIKING DISASTER,

New Yor.ic, May 23. Tho miners entombed in tbo West Virginia mine have boon rescued.

TERRIBLE GUN ACCIDENT. Svdnev, May 23. China nows reports a terrible explosion at Woosuug. A 9-iuch 49-ton gun ttsad in tho vacant war hurst, killing 43 man on tho spot.