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CABLE NEWS.

LATEST FROM EUROPE[pee eectee’s agency.] Breadstuff's, Iron, and Hides. London, May 19. Adelaide and New Zealand breadstuffs are without quotable change. Best Scotch pig iron, No. r, f.o.b. in Clyde, 475. There is little enquiry for hides, and prices are }£d lower. The Wool Sales. At the wool auction to-day 1,000 bales were offered. There was a good demand generally, and full prices were realised. The withdrawals to date since the opening of the present series amount : to 4,000 bales. i The P. and 0. Company. The Peninsular and Oriental Steam- • ship Company have declared a dividend of per cent, for the half year. ’ The Reserve of Wealth. r The total reserve in notes and . bullion in the Bank of England is ■ Li 4,875,500. Passed at Last. London, May 20. In the House of Commons yesterday the Irish Land Bill was read a I second-time - and passed by a majority t .of 176. Mr Parnell and other members of the extreme Irish party abstained s from voting. f Political Matters. x Paris, May 20. 1 The motion of M. Bardouse for the , abolition of Scrntin d’Arrondissment, i and the substitution of Scrutin d Liste - in its place, was, after much discussion, adopted by the Chamber of Deputies 3 yesterday. f The Arabs Show Fight, b Telegrams have been received by c Government from the headquarters of 1 the French army in Tunis, to the effect ] that the advance of the troops has been

£ I , y vigorously opposed by the native Arab ’ tribes, and that severe fighting has 1 taken place. 3 Garibaldi’s Mission. 3 Rome, May 20. ® Garibaldi, the Italian patriot, has written a letter to the Press with reference to the treaty recently signed e by the Bey of Tunis in that country, in . which he declares that the annexation > of Tunis by France would be an insult * to Italy, and that the French policy in fc that respect is threatening to Italian . interests. 3 AUSTRALIAN. 5 [per reciter's agency.] I The Squadron. , Melbourne, May 20. r The detached squadron arrived off 1 Cape Otway to-day. ’ Oats. , Fifteen hundred bags of New Zea- [ land oats were sold to-day at 3s 4d. I Agricultural Statistics. ; Victoria statistics prepared from the census returns show that the area of land devoted to wheat crop has increased 220,000 acres since last census. . The yield has, however, decreased during the same period by 265,000 ; bushels. The Reform Bill. Melbourne, To-day. In the Legislative Assembly yesterday, the debate on the Reform Bill was resumed, but was subsequently adjourned without any decision having been arrived at. Condensing the Irish Land Bill. At a banquet in the city yesterday evening, the Marquis of Salisbury made a speech, in the course of which he referred to the Irish Land Bill in disparaing terms; severely denouncing the Irish policy of the Government. The Markets. Sydney, May 20. Kerosene, Diamond, per gallon, is Sd ; Devoe’s per gallon, is nd ; New Zealand wheat, per bushel, 4s 8d; New Zealand oats, per bushel, 2s 6d ; maize per 60 lbs, 2s 5d ; tobacco, Raven’s twist, per lb, is 5d ; candles, D.RJ.’s per lb, 8d; candles, D R.O.’s, 7^d. Public Sympathy with Them. Sydney-, To-day. Enthusiastic preliminary meetings were held last night, at the Theatre Royal and at Barwood, with reference to the verdict recently delivered in tiie Bulletin libel case. Resolutions were passed at both meetings that subscription lists be opened to indemnify the proprietors of the paper for the costs of the trial, which are estimated at Li,200. LIOO were promised at the Theatre Royal, and over L2O at that at Burwood. Large meeting are being organised to carry out the resolutions passed. A Mail Steamer Aground. The Orient steamer Potosi, after leaving her anchorage for England, grounded at Clarke Island. After remaining for eleven hours, she was got off by the tug boats, and returned to her moorings. A diver is to examine her to-day, and report whether she is seaworthy or not. Adelaide, May 20. Wheat, per bushel, 4s 6d to 4s 7 j The tone of the wheat market is' steady. I Town flour, Ljo 10s to Lio 12s 6d ; country flour, L 9 15s to Lio, The freight market is dpll, and there was I very little doing during the week. 1 Freights remain at last quotations. »

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http://paperspast.natlib.govt.nz/newspapers/AG18810521.2.10

Bibliographic details

CABLE NEWS., Ashburton Guardian, Volume 2, Issue 350, 21 May 1881

Word Count
721

CABLE NEWS. Ashburton Guardian, Volume 2, Issue 350, 21 May 1881

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