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Timaru Herald, Volume LVIII, Issue 1861, 7 September 1895, Page 2

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— ♦ — Per Electric Telegraph— Copyright Per Press Association. London, September 5. The steamer Warrigal baa arrived at <Vravesend. She lost four cattle and six sheep. The remainder are m good condition. The wool market is very firm and sales have been effected at fully 20 per cent above the prices bid at last series. Brokers expect a general rise of from 10 to 15 per cent, at the next sales. Splendid harvest weather is causing dullness m the wheat market. There is nothing doing m carges on passage or for shipment. The Bank of Australia has declared a wyrd£ n io,°/95 PerCent '' and CarriGd f ° r " The Australian and New Zealand Mortgage Company has declared a dividend of 5 per cent. Melbourne, September 6. At a meeting of the butter export commission the managers of the Orient and Peninsular and Oriental companies gave evidence that during the hot months a large proportion of butter received for shipment was at a temperature over 50, ranging as high aB 70. Expert evidence was also given that when the heated butter was frozen it went rotten on being thawed, and should not be sent on board at a higher temperature than 45. Brisbane, September 6. Owing to the drought the wheat crop on the Darling downs will be a failure.