NEWS OF THE WORLD.

Gisborne Standard and Cook County Gazette, Volume IV, Issue 479, 12 July 1890, Page 2

NEWS OF THE WORLD.

[BY ELECTRIC TELEGRAPH —SPECIAL TO STANDARD.] BRITISH AND FOREIGN. The continuous rain greatly damaged the English crops and wheat is 6d dearer. The Argentine financial crisis still continues at Buenos Ayres and Monte Video. In the House of Commons the Bankruptcy Bill was read a third time. The English money market is firm. A Bulgarian girl fired a shot at M. Stambouloff, but missed him. The charge of rioting preferred against John Williams, a London Socialist, was not proved, and he was discharged. The much dreaded potato blight has broken out in Ireland. This means starvation and misery to thousands. It is probable that the English Squadron, commanded by the Duke of Edinburgh, will formally hand over Heligoland to the Kaiser. The intense heat continues throughout the United States, and many additional deaths have occured by sun stroke.

The Directors of the Union Bank of Australia have declared a dividend of 15 per cent. The Turkish Porte demands the evacuation of Egypt by England, but gi anting her a limited right to re-occupy in the event of any internal outbreak. The South African Railway Bill has been defeated, and it is expected the Government will either resign or appeal to the country. The Belgian Government have advanced one million sterling for the purposes of the Congo Free State, on condition that in ten years Belgium may annex the Congo, and King Leopold bequeaths his individual right to the State. There has been renewed rioting in Bow Street, sixteen arrests were made, and an attempt at rescue was made, followed by severe battoning, and some bloodshed. The military were in readiness, but were not called.

The postmen are willing not to go out strike before the 21 st, providing the blacklegs at present employed are dismissed. They intimate that deliveries will be refused to-day if the blacklegs are still employed. A meeting of 4,000 was held at midnight, when complaints were made of numerous blacklegs being concealed in the vaults of the central office. The men agreed to refrain from attending at every office, until notified that the whole of the blacklegs were dismissed. The Assets Company, in connection with the Bank of New Zealand, will shortly be announced, with 75,000 preference shares, and 850,000 ordinary. One million and a half worth of debentures have been issued for the purpose of taking over the globo assets of the Bank. The whole of the debentures have been subscribed by leading city houses, including Baring Bros, and Co. ; Glynn, Mills, Curie and Co., and Schusler and Co. The Bank of New Zealand will nominate two of the Directors in the new company, and the debenture holders will nominate three. The manager ot the Australia and New Zealand Mortgage Company will probably be appointed manager of the Assets Company. The general feeling in the city is that as soon as this matter is decided the Bank’s difficulty is over. The shareholders of the Bank of New Zealand will meet early in August. The right Hon. Mr Ritchie, M.P., will be trustee in the Assets Company and the Hon. Mr Dean of the Directors.

COLONIAL TELEGRAMS. AUCKLAND. Last night. Tha a.s. Waihor*, which left for the South to-day, took no ealoon paaaengera for Giaborne. The Northern Steamship Company are concluding negotiations for the purchase of the opposition steamers on the Thames trade. The Chamber of Commerce have passed a resolution in favor of further retrenchment. Most of the speakers advocated cutting down the Education vote. It is now proposed to form a Saddlery Union in Auckland. Ludwig Lounes, first mate of the barque Brunuette, from Whangaroa to Sydney, was drowned through the jib falling as he was liberating the sheet from the anchor stock, and jerking him overboard. A seaman of the ship Lumberman's Lassie at Aratapu, from Melbourne, was killed by falling on to the deck from the maintopssil yard, where he was furling the main topsail. The Government, have bought tha Whang*. mats No 6 Block (adjacent to theOhinemuri goldfields) from the natives. The return from Puhipuhi Caledonian stone, treated at the Thames, is reported to be 200z.s of gold aud a small quantity of silver to the ton. Mr Buckland reports:—At Remuera on Thursday a full supply of stock was sold briskly. Dairy cowe, at a profit, brought from £5 to £5 17s 6d each. Fat cattle in usual supply, 250 sold, brought from 17s to 20s the lOOibs. Steers ranged from £6 to £lO. Sheep were plentiful, but held their value. Wethers ranged from 14s to 17s, ewes 10s to 13s 9d. Pigs were in abundant quantity, of coarse quality. Well fatted were fairly competed for, but short pigs were at nominal prices.

NAPIER. Last night. As the result of a strong protest the Railway Commissioners have deferred the proposed removal of the railway terminus from Woodville to Dinevirke. At the R.M. Cdurt this day Charlee Jas. McDonald was sentenced to four month*’ hard labor for offering indecent prints for sale. McDonald opaned a shop about a week ago, and had been offering French pictures of an indecent nature to persona whom ha catna in contact with. He offered some to Samuel Norwood, district police clerk, not knowing that gentleman mi in the force. SOUTHERN NEWS. Last night. Two young men named Neill and Jexs have been drowned at Stewart's Island through a boat accident. Negotiations are still proceeding between the Mercantile Marine Officers’ Association and the sh’powners. The Christchurch Charitable Aid Board decided io board out the Lyttelton Orphanage inmates. The Shop Assistants' Union of Dunedin condemn Mr Joyce’s bill. Next meeting of the Rifle Association takes place in February, at Napier. The Dunedin City Council are proposing to establiah a free public library of their own. A private cablegram report* that th* affair* of the B ink ot New Zealand have been satisfactorily arranged at Home. A waggoner named Robert Cochrane, an elderly man, was burned to death yesterday near Naseby, through hi* waggoa loaded with kerosine oa'ching fire. A public meeting at Christchurch, presided over by Bishop Julius, affirmed the necessity for the earlier closing of retail shops, and the change of market day to Friday. The excess of departures over arrival* latt month was 704, the arrival* having been 840 and departures 1545. John Fitzsimmons, steerage passenger from Dunedin to Sydney, is believed to have been lost overboard on the passage. Margaret Wilkins, a married woman and mother of six young children, committed suicide at Ndson. She had been suffering from melancholia for some time, and on Wednesday night went into the bedroom where her hulband found her a few ininutM inter with her throat cut