CABLEGRAMS.

Otago Daily Times, Issue 9117, 16 May 1891, Page 2

CABLEGRAMS.

BRITISH AND FOREIGN. [By Bleothic Telegraph.—Copyright.] (Pee Peess Association.) MONETARY AND COMMERCIAL. London, May 14. (Heoelved May 15, at II a.m.) The bank rate of discount is 5 per cent. The balance of apples per Mamari brought from 10s to 14s 6d per case. (Ueoetved May 15, at 1.30 p.m.] The rise in the bank rate of discount was unexpected, and it is feared that an unknown danger is impending. The money and stock markets are disorganised. The frozen meat market is unchanged. (Received May 15, at 7 p.m.) The Bank of England returns, published to-day, show the total reserve to be £11,718,000, being a decrease of £492,000 as compared with the previous week. The proportion of reserve to liabilities is 3398. Consols, 95. Three months' bills are discounted at 4£ per cent. The money market is excited. New Zealand 4 per cent, inscribed stock, 103 i; 3£do, 95£. There is restricted business in New Zealand long-berried wheat at 435, For cargoes on passage sellers ask 43s 3d, while buyers are not prepared to give more than 42s 9d. Wellington hemp is in fair demand at £20 10s. South Australian wheat is weaker at 445, and Victorian is quiet at 43s 6d. Sugar: German beet, 12s 10Jd; Java, 14s 9d, with the market quiet. No. 1 best Scotch pig iron (f.o.b. in the Clyde) is excited, and has advanced to 48s Gd. May 15. (Beoolved May'l6, at 1.15 a.m.) The rise in the bank rate of diseonnt is due to the expected withdrawal of gold to the value of three million pounds by Russia in June. MICHAEL DAVITT. (Eeoelved May 15, at 10 S5 a m.) Mr Michael Davitt has started for New Zealand, via America. THE ANGLO-PORTUGUESE TROUBLE. The modus vivendi with Portugal has been extended for one month. MURDER OF A WIFE. Mrs Dankin Birtimore has been found dead on the Bettwskowi, a mountain in Wales, with hei head battered in. Her husband, who was arrested for the murder, has confessed the crime. DERBY BETTING. The latest quotations for the English Derby, to be run on Wednesday week, are:—. Even money on Common, 10 to 1 agst Dorcas, 1000 to 80 Orion and Deemster, 500 to 40 Gouverneur and Simonian. THE OUTRAGE AT CORFU. Outrages on Jews at Corfu continue to be committed by the Greek mob, who, to-day, killed two and injured many others. They also pillaged the houses, which were afterwards destroyed by fire. IS IT "JACK THE RIPPER J" New York, May 15. (Received May 16, at 1.15 a.m.) Towards the end of April, a woman named Brown was found murdered in the streets of New York under circumstances which suggested that the crime had been committed by "Jack ;the Ripper," who committed the murders in Whitechapel, London, and a man known as "Frenchy," engaged as a drover in connection with the shipping trade, was taken into custody on suspicion of being connected with the crime. The coroner's inquest on the victim was concluded to-day, when ths jury brought in a verdict of "' Wilful murder" against 11 Frenchy." RIOTS IN CHINA. Pekin, May 15. (Beoslved May 16, at 1.15 a.m.) The Chinese rioters at Wuhu wounded Mr Colin Mackenzie Ford, the British Consul, md destroyed the consulate. They also aurned the custom house as well as the Datholic mission. HE PORTED NAVAL FIGHT. Washington, May 14, (Received May 15, at 10.35 a.m.) A report is current, to which little credence s attached, that the United States cruiser Charleston overtook and sank ths Chilian jruiser Etata. MURDER OF THE PRESIDENT OF HAYTI. Another political outbreak has occurred in Jayti. Four assassins attacked President iippolite and two of his companions and :illed them.

THE NEW ORLEANS INCIDENT. Tho Italian Consul at New Orleans claims hat he is preventing Italians from killing ,he Mayor, Lawyer Parkinson (who headed ho mob), and other leading lynchers. (Special to Press Association.) THE SITUATION IN CORFU. London, May 14. (Kecelved May 15, at 10.20 a.m.) The situation at Corfu is desperate. The populace are so infuriated against the Jews that the latter are unable to bury their dead without tho aid of the soldiers. REVOLT IN DUTCH GUIANA. A revolt has broken out in Dutch Guiana of an alarming niture. The lower classes are rebelling against the dominion of the upper class, A PLUCKY ACTION. The French warship Seigulay was stranded on a sandbank off Jaffa, in the Levant, and her position was supposed to be hopeless, but Lord Charles Beresford, who commands the Undaunted, ran a hawser half a mile out in the teeth of a gale, and after 02 hours' work extricated the ship. TAXING RACECOURSES; The French Chamber of Deputies has adopted a bill giving the Government power to supervise and tax racecourses. OBITUARY. (Received May 15, at 10.30 a.m.) Canon Cadman is dead. A FREE FIGHT. While Mr Parnell was addressing a meeting at tbe Limehouse, London, a hostile mob attempted to gain entrance to the building. The outcome was a melee, in which sticks were freely used. A good deal of blood was spilt, but the injuries inflicted were not of a serious nature. MR GLADSTONE IMPROVING. Mr Gladstone is improving. _ THE BISHOP OF LINCOLN'S CASE, The hearing of the Bishop of Lincoln's appeal to the Frivy Council against the decision of tbe Archbishop of Canterbury in the ritualistic case has been postponed till 10th June. THK IRISH PARTY. Mr T. Quinn, M.P. for Kilkenny, formerly a Parnellite, has joined the M'Oarthy party. EXPULSION OF RUSSIAN JEWS: The Times denies that the decree expelling the Jews from Russia has been suspended, THE CANADIAN PREMIER. Premier Sir John M'Donald is seriously ill. A FOREST FIRE. Four thousand acres of forest in Pennsylvania, U.S., are on fire. THE PANIC IN PORTUGAL. The Portuguese Government are determined to resist any attempts that may be made to excite a revolution. Portuguese stocks are improving in London. ♦ INTERCOLONIAL. [Br Elsctbio Telegraph.—Oopteight.! (Pee Pbess Association.) DISCOVERY OF WOLFRAM. Melbourne, May 15. (Received May 15, at II a.m.) A large deposit of wolfram has been discovered in the Chiltern district. ARRIVAL OF THE KAIKOURA. Hobaet, May 15. (Received May 16, at 1.15 a.m.) The R.M.S. Kaikoura arrived here early this morning from London, via the Cape, and sailed for Wellington at noon. She brought 12 passengers for Australian ports, and 46 for New Zealand. RETURN OF AN EXPEDITION. , Port Daewin, May 15. (Eeoelved May 15, at 11 a.m.) Bradshaw's expedition to Prince Regent's land has returne3, but the members of the party are very reticent as to the mining and pastoral resources of the country. They discovered a remarkable monolithio mountain rising perpendicularly for 2000 ft.