CABLE NEWS.

Poverty Bay Independent, Volume I, Issue 81, 1 December 1885, Page 2

CABLE NEWS.

London, Nov. 24. It is reported that the loss on inventions in the Exhibition amount to £1 6,000. November 26. A private meeting of the creditors in the estate of Sims and Co., woolbrokers, was held to-day. The meeting was a stormy one, but the creditors who were present are very reticent as to what took place. The liabilities amount to nearly a quarter of a million. London, Nov. 28.

The deficit in Sims and Co.’s estate is only £'jo,aao. The money of the firm is locked up in the Melrose Estate, N.S.W., and to this the failure is attributed. Cairo, Nov. 27. General Cameron reports that a force of some 8,000 Soudanese have made their appearance at Knoshay, and the British forces are actively engaged in preparations to resist them. Madrid, Nov. 26. The Spanish Ministry have resigned and a Liberal Cabinet is being formed. It is reported that the Princess Mercedes, the eldest daughter of the late King Alfonso, has been proclaimed Queen of Spain under the regency of her mother, the dowager Queen Christina. November 27. The death is announced, at the age of 75, of Marshall Serrano, formerly President of the Spanish P.epublic. Already there are signs of trouble in Spain. The Carlist adherents of Queen Isabella are appearing to uphold her claims, while the terror king Zorella, leader of the insurrectionery movement in Spain in August, 1883, and who subsequently left the country, is now returning.