LATEST CABLES.

Waipawa Mail, Volume XVIII, Issue 3226, 11 May 1895, Page 3

LATEST CABLES.

P&*88 Association.—Copyright.) ( BY SUBMARINE GABLE.) •befHt LONDON, May 9 a ®Utpn ° Bank Credi tore’ of s ir Evan Colville, siwji and * V n 6^^ itz S eraM ’ Walt6r . HWi!“ d A ’ D - Fairborn, with Mr A. ed (0 " “ 8 fecretary. They do not lljrMr etepe beitJ g taten by lbon rD6 d Loader, chairman of the eater to ?■? directors, but will the creditor. 16 w° beßt P° E6 'Wo terms Witors. Mr Loader thinks the

committee is not. likely to affect the success oT the scheme bo proposed for the creditors making o rlain concessions. The annhal repo:t of the London Bank of Australia recommends a dividend of 5£ per oent on preference shares, end tbat £7868 be parried forward. The report states that accounts are again adversely affected by tbo continuation of the circumstances mentioned in the last report. Further redactions are being made in the expenses, and the directors express tbeir gratification at the recent signs of Improvement in Aostralia, where the profit and loss account shows a credit balance of £12,596. Tbe Shaw, Savill, and Albion Company has informed Messrs Reynolds that it is impossible to reduce the freights on dairy produce from New Zealand to London. The New Zealand Shipping Company refer the question to the colonial board. Replying to a question in the House of Commons Sir E. Grey said tbat France explained that her expedition in the Niger territory consists merely of private travellers. May 10 , The weekly returns of the Bank of England published to day show the total reserve to bo £27,514,000, and the proportion of reserve to liabilities 65 26 per cent. New Zealand long berried wheat, ex warehouse, is firm at 26s 6d ; South Australian wheat, ex warehouse, firm at 26s 9d ; Victoriau wheat, ex warehouse, steady at 26* 3d.

New Zealand frozen mutton, first quality 3£d per lb, second ditto, 2£d ; lamb Averages 3§d. New Zealand hemp is unchanged. At tbo wool sales Continental buyers are tbe chief operators. American Bales are confined chiefly to the beet wools. Rabbits are selling steadily at B£d to 91 each.

Mr Valentine reports that Hawke’s Bay cheese ex Thermopylae averages 49s per cwt.

The Financial Times declares it will be a mistake if Victoria and New South Wales entor the borrowing market on the strength of the success of the other loans. The Hou Mr Ward has addressed the colonial party in the House of Commons on New Zealand politics. Sir John Gorst presided.

Lord Rosobory, Sir Vernon Harconrt, and Mr Arnold Morley, the Premier, Chancellor, and Postmat-ter - General respectively, will receive depetations from the Chambors of Commerce on Friday next, supporting the resolution passed et the Canadian conference for a subsidy for the Pacific steamers ond tho construe tion of a Pacific cable. CONSTANTINOPLE, May 10 A Russian note to the Porte requests that reforms be carried out’in Armenia, and adds tbat France and Great Britain concur in this view. The Sultan is said to be astounded at tlie concerted action of tho Powers named. PARIS, May 10 Misses Amelia Wood and Ada Crossley, from Australia; have made a succefieful debut at Madame Mafchesi’s concert at tbe Sallo Erard. CAPETOWN, May 10 The Government proposes to include frozen meat in the category of preserved meats, thus raising the dut> twopence per lb, provided that other parties consent. The farmers are alarmed at the imports from the Australian colonies. ST. PETERSBURG, May 10 It is published that Japan only yielded to Russia’s protest on the actua issue of orders by tbe latter for the mobilisation of 100,000 troops. Seventy officers had left here to superintend the operations, and 140 were prepared to follow. An initial credit of 20,000,000 roubles had been opened. (Received 10.40 a.m.) LONDON, May 10

Mr George Edwards, the well known theatrical manager, has engaged Mi»s Pattie Brown, a well known Australian actress, to play Lottie Venus, a part in the “ Artist’s Model.” Tbe balance sheet of the London Bank of Australia shows old fixed deposits £4,347,000, current account and new do posits £1,304,000, cash items £1,442,000, investments, bills, loans and other assets in London £782,000, bills discounted, loans and other assets in the colonics £5,508,000. The Privy Council dismissed the New Zealand appeal case, Johnston v. Oldham, with costs.

Tbe Daily Chronicle considers the New South Wales budget an admirable piece of Democratic Statesmanship, standing out in special ro ! icf to Sir G. R. Dibbs’ shuffling and retrograde policy. The finance limit of exemption from the Income Tax is perhaps rather high. The Daily News thinks the return of New South Wales to Free Trade will havo an important effect on the whole of Australia. Oscar Wilde will be put on trial again on May 20th. Blagrove’s freehold gold mining company at Coromandel ia announced. The oapital is £62 000. NEW YORK, May 10 It is reported here that 3000 rebel Cuban cavalry were routed by the Span iards with a less of 700. Tho latter lost 300.