CABLEGRAMS.
Mataura Ensign , Issue 4, 9 July 1895, Page 2
About this newspaper
CABLEGRAMS.
BRITISH AND FOREIGN. London, July 8. Mr Valentine reports that the Tasmanian suggestion for a joint colonial store for Australian products in East London is not commercially workable Wool remains steady. American buyers,however, are forcing prices higher. The Antwerp sales will be held from July 16 to 39. Seven thousand throe hundred bales have been catalogued, but there ia no Australian included. In the inter-university cricket match, Cambridge beat Oxford by 134 runs. The formal inquiry of the London Trades Council has acquitted the Salvation Army of the charges of sweating printers, and they refuse to join in a demonstration against the Army. In the House of Lord", Lord Bosebery said there was nothing of a lifa or death spirit in the work of the late Government requiring defence. It had passed great measures, arranged great acts, and the Administration had left a mighty surplus. Business, he argued, was reviving, and people were contented. The resistance of the House of Lords was the uproot of all political questions, and he was not prepared to retire from auy of the pledges given to the electors, including Homo Rule, He hoped the Marquis of Salisbury would support tho late Government's demands for a reform in Armenia and maintain continuity. The House of Commons has passed a bill providing for the appointment of colonial judges to tho Judicial Committee of the Privy Council. Tho ' Spectator ' considers that the referendum proposals of the Premier of New South Wales are statesmanlike, and may prove a practical step of reform affecting the entire Empire. The debenture-holders of tho Now Zealand Midland Railway Company have agreed to an extontion of time for the payment of interest until the 20 :h April 1897, aud to accept debentures in lieu of interest during the extension. Mr Salt, chairman of the company, expressed hiinself confident that the company would succeed if tho debenture-holders supported the shareholders. Addressing the bondholders, he declared that the New Zealand Government in the negotiations had deliberately delayed and wasted years', when weeks would have sufficed for the purpose of fighting 'tho case to the end. Tallow, mutton, is unchanged ; beef has declined 6i por cwt. The English wheat market ig steadier, the Continental is declining, and there is increased weakness ; and the American is changing for the worsj. A Victorian cargo has been sold at 22s 3d per quarter. The quantity of wool catalogued to date is 71,000 bales, of which 68,600 have been sold. Prices remain firm, merinos generally being 10 per cent and crossbreds from 10 to 15 per oent above the May level. " Pa porangi " realised 12£1 per lb. There is keen competition among Homo and American buyers. Parliament has been prorogued till the 24th inst. A religious riot between Hindus and Mohammedans occurred at Kathiawar, a peninsula on the west coast of India, between the Gulf of Cambay and the Gulf af Cutch. During the conflict 199 were killed or wounded. The fight was quelled after it had raged many hours.
