CABLE NEWS.

Wanganui Herald, Volume XXII, Issue 6407, 7 January 1888, Page 2

CABLE NEWS.

ENGLISH AND FOREIGN. (BY BLEOTBIO TBLBGBAPH— COPYRIGHT.) (PBB UNITED PRESS ASSOCIATION.) Received January 7th, 1 30 a.m. COMMERCIAL. London, January s.— The bank rate of discount is 4 per cent. Tin ia fifteen shillioga lower. Australian wheat, ox store, is unchanged ; tallow, 9000 oaska in etook, but the market is fiat. The Victorian loan is quoted at a premium of 4 per centi Received January 6, 11.10 p.m: London, January s.— The quantity of wheat afloat for the United Kingdom is one million four hundred and sixty-eight thousand quarters. Tbe American visil le supply is forty .four and a balf mlllnn bushels, The weekly report of the Bank of Eig. land published to-day, shows the total reserve in notes and bullion to be elofin millions five hundred and fifty-six thoi.s« and pounds. The proportion of reserve to liabilities is 38J per cent. The decrei te in revenue during the week is half a million. AN AB3URING SIGN. The advance in consols is attributed to the improvement in Continental politirjsiA UNIONIST VICTORY. The eleotiou of a member to fill the vacancy caused by the death of Colotal Tottenham, M.P. for Winchester, toik place to-day, and resulted in the return of Kiohard Moss, Unionist, by a majority of 535 over P. Vanderbyl, Liberal candidate. ORIGIN OF THE FORGED DISPATCHES. January 6.— The Standard to-day stat.es thgt M. Paul Deroulede, chairman of the French Patriotic League, forwarded the forged Bulgarian " despatches " to the Cz»r. LOSS TO REPUBLICANS. Instead of winning several seats in the Senatorial elections, the Republicans beve lost four to the Conservatives. PASTEUR'S METHOD OF KILLING BABBITS. M. Pasteur has conduoted a successful experiment in demonstration of his method of exterminating rabbits by means of inooulation. A piece of land, eij;ht hectares {19 acre*) in extent, was enoloned and populated with rabbits. In the middle warren a number of rabbits, inoculated with a virulent disease, were liberated, and within a few hours the whole of f.he animals in the enolosure were dead. Received January 6, 11.10 p ra. THE NEW HEBRIDES QUESTION. Pabib, January 5. — French diplomatist* are urging that the troops should reiniin oa the New Hebrides until Egypt has b -en evacuated by tbe British. (aPIOUL TO DNITXD PRESS ASSOCIATION.) Bomb, January 4.— His Holiness the Pope, in an addreas to Cardinals .nd Bishops, said the Church ought to be independent of terrestrial authority, and to reduce its interests within Italian li ws could only result deplorably. Ho mvi :ed tbe Qoirinal to effeot a reconciliation with the Church, He also announced that an Enoyclical letter would shortly be issued regarding Socialism and the license of "he press: Pabis, January 4,— A Yeliow Book oas been issued which states that the Marquis of Salisbury proposed in March last t lat the New Hebrides and Suez Canal qi estiom should be considered conjointly, rod it appears that the French Government .have been constantly nrging a aettleoiint of both quostions. Bbhlin, January i\ — The, Begtucy propotal alleged to have been made by Prince Bismarck in the event of .he Emperor's deato, is absolutely denied. Che Emperor of Germany has conferred .he Grand Cross of the Red Eagle on Herr Tim, Premier of Hungary. Calcutta, January 3.— The Ameer of Afghanistan has applied to the Viceroy of India for an officer to organise his foroes.