CABLE MEWS.

Wanganui Chronicle, Volume XXXVII, Issue 11847, 21 July 1893, Page 2

CABLE MEWS.

[By Electric Telegraph— Copyright.] ' (Per Prebs Association.) London, July 19. The London County Council has withdrawn the fair wages clause in all its contracts. , The Lord Mayor's Fund, on behalf of the suflerers in the naval disaster, has closed. The Standard says there is groafc depression on 'Change, owing to the bankers forcing the brokers to increase the margin on advances or to sell. The paper thinks it probable that disastrous failures will be the result. Berlin, July 19. The Emperor bestowed a warm commendation on Chancellor Caprivi for his success in getting the Army Bill passed. Count von Caprivi has intimated to the Vatican that he will not oppose the return of religious orders to Germany. St. Petersburg, July 19. It is reported in this city that the Russian Government intend to create two more army corps. Constantinople, July 19, The Sultan is checking the ardour of the young Khedive. Washington, July 19. Three more American banks have failed, with liabilities amounting to a million and a halt dollars. New sTork, July 19. There is an acute panic in Denver city, Colorado. The Union and National Bank, with a capital of a million dollars, has suspended. The Commercial, and .National Bank of Commerce of Denver, has also failed, and runs are proceeding on several others. Twelve banks in Kansas and Colorado havo already failed.