HOME & FOREIGN CABLES.

Oamaru Mail, Volume XXXVI, Issue 10042, 9 January 1909, Page 2

HOME & FOREIGN CABLES.

[Br Electric Telegram.—CorTiusnT.] (Per Press Association.). Roooivcd January 9, at 8.10 a.m. London, January 8. The Daily Chronicle argues that despite a shrinkage to tho extent of £102,000,000 as compared with 1907, trade is through the worst of the depression, andi is now moro than holding its own. Tho Times dbubts whether there will bo any material expansion in 1909. Tho Westminster Gazette declares that the trado equals that of .1906 despite the depression, and the industrial outlook is hopeful. Berne, January 8. A meeting of Swiss millers d'ecided to boycott Gorman trade owing to tho disputes in, the cereal trade. New York, January 8. The Tennessee aiightriders were found iffuilty of murder, 6ix in the first degree. Received January 9, at 8.26 a.m. London, January 8. The British imports for December increased by £BII,OOO, the exports dtclinoil £3,340,000, and the re-exports increased £1,467,000 as compared with those for the previous December. Tire application for the Transvaal loan amounted to £7,943,600, tho average price obtained being 3s 7d above the minimum. Scrip has been dealt in at 5-16 premium. Tho Shakes pearo Memorial Committee's sub-committees recommend 1 that tho public be asked to equip and endow a national theatre at a. cost of half a million. The Ijord Mayors and Mayo re will be asked to open subscription lists. It is hoped that the theatre will bo opened' by Shakespeare's tercentenary in 1916. Count Konigsmark, an officer of the German general staff, after a prolonged tour of India, highly praises British rule, lie declares that the native army would bo ablte to take the field against European troops.

Silver, 23 l-16d. Arrived—Niwaru, for Wellington.. ! Sailed—Tongariro, for Lyttelton. Received January 9, at 10.18 a.m. London, January 8. Mr Haldane, speaking .it Gu'llane, claimed that it was a satisfactory state of affaire that 207,000 out of the 313,000 territorials required had been enrolled in nine months. If Britain was threatened with invasion ho was sure that the Territorials would fill up rapidly. Anyhow, a. force of 527,000 regulars, reserves, and territorials wouJJd 1 bo available to meet the invaders.