CABLE SUMMARY.

Ashburton Guardian, Volume XIV, Issue 3031, 21 July 1893, Page 2

CABLE SUMMARY.

The German Eirperor bestowed warm congratulations on the Chancellor for his success in getting the Army Bill passed. A serious outbreak of ghqlera jg reported from Moscow.- The epidemic is still raging in Podolia, and exists in eight other provinces. A cab in which the Prince of Wale* wai riding through St James's Park collided with another vehicle. The Prince received a severe shaking. Butter experts warn the EDgiish producers that they may expect keener competition from the Pages both as regards the duality and the price of the article. The decision of the Chinese (iovernmept not to punish the murderers qf the Swedish, missionaries h<ui paused considerable alarm amongst th« foreign residents io Bh»nghai i The " Standard " rays that there is great depression on 'Change owing to the bankers forcing the brokers to increase the margins on advances or sell paper, and thinks It probable that disastrous failures will be the result. In an article in the '< Wine Trade Review," the writer gives a glowing account of the state of the wine industry in Australia, and recommends merchants to push the trade as affording a new opening for their eons. The article is attributed to Mr Burgoyne, the Australian wine merchant. At a meeting of the City Bank, London, Mr Samuel Joshua, one of the Directors,, said that the recovery of power in Australia would soon dissipate the financial troubles, and the outcome would be to the advantage of the country. The fact that the Australian co'onies supplied one-fifth of the entire British trade pspired confidence that they would be able to mee£ all their obligations.