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CABLE NEWS.

LATEST FROM EUROPE. [per bbuter’s AGENCY.] Monetary and Commercial.

London, June 30. Consols remain at The, Bank rate of discount continues at 2 % per cent., and the market rate at per cent. New Zealand securities are -unchanged—tw—foll»w» .3 —per CcTjTT 10-40 and 5 per cent. 1889 loans, each IoSJ A j A P er cent. 1879-1904 loan, 103. Adelaide wheat, ex warehouse, 50s ; New Zealand, ex ship, 47s ; Adelaide flour, ex warehouse, 345. Australian beef tallow, best, 35s 6d ; mutton, 37s 6d. The total reserve in notes and bullion in the Bank of England is Li 6,000,000. Best Scotch pig iron, No, 1, free on board in Clyde, 49s 6d. The Wool Sales. At the wool auction to-day, 8,300 bales were offered. The firm tone of the- market was again maintained. Prices generally for greasy wools are now to id higher than the prices at the close of last sales. The total number of bales withdrawn from sale since the commencement of the first series is 17,000. The next series gwill open on the 23rd August. The arrivals to date for the auctions amount to 290,000 bales. The total probable quantity to be offered, including that to be held over from the present sales, is 400,000 bales. The Irish Land Bill. • The amendment in the Irish Land Bill making the Bill apply to existing cases was after debate carried. The Conservative members strongly opposed the amendment, and are much irritated at the action of the Government in agreeing to the same. Eviction Biots. , Serious eviction riots have occurred at Mitchelstown, in County Cork, Ireland, the scene of a serious disturbance on May 28 th last. Large numbers of people assembled to-day to oppose the process servers, who were being supported by the police. The latter were attacked, and in return fired upon the mob, thirty of whom were wounded. Fighting in Tunis. Paris, June 30. Telegrams are to hand from Tunis announcing that hostilities have occurat Sfax, a seaport town on the Tunisian coast, between a detachment of French troops and Arab tribes resident there. The troops had been despatched to quell a rising of the tribes which recently broke out in the Sfax district, and on their landing at the port they were fired upon by the Arabs, who had gathered in force to oppose their debarkation. The troops returned the fire, which was kept up for some time, but the Arabs were finally driven back. Several on both sides were wounded, including the French consul, who was landing with the troops.

AUSTRALIAN. [per RBUIBR’s AOBNqy.] j Proposed Dissolution of Parliament. Melbourne, 5 June 30. ! At a Cabinet Council held to-day,' it was decided by Ministers to recommend the Governor to grant a dissolution of Parliament, and. the Hon. Graham Berry will wait upon his Exdlency to-morrow to tender such advice. , The Royal Princes. . The. Princes, accompanied by his Excellency the Governor, visited ■ Gaul-, field races to-day. • r ' < ■ ; ; .'t.U'Ci ' 'l.. i.h

Intercolonial Football Match. Melbourne, July The intercolonial football match.between teams of Victoria and New Wales took place to-day, and rcsuiwd in an easy victory for the former.*; , The Detached Squadrofcu' The detached squadron sails for Sydney next week, and from .thence will proceed to Auckland. The City of Sydney. Sydney, July 1. The R.M.S. City of Sydney arrived this afternoon from Auckland The Revenue. The revenue returns for the quarter ended June 30th show the total receipts to be Li,393,000, being an increase of L 514,000 compared with the corresponding quarter last year. The revenue for the year has increased Li,610,p00 above that of the year ended June 30, 1880. The Customs revenue for the quarter shows an increase of L 143,000; the railway receipts for the same period have increased L. 320,000, and increases are shown under almost every, other head of revenue. Meeting of Parliament. Parliament will meet for the despatch of business on Tuesday, the 12th inst. , ' > The Markets. Adelaide, July 1. Wheat is firm at 4s gd; town flour, Li 1 7s 6d to Li 1 10s ; country brands, Li 1. Freights to London: steamers, 405,; sailing, 355. The freight market is dull. The Year’s Takings. , ■ . Adelaide, To-day. ■ The South Australian revenue l re- 1 turns for the year ended 30th June have been published. The receipts are shown to be L 2,011,000, being an increase of Lr79j5 00 as compared with the year 1879-80. The amount is L 27,000 below the Treasurer’s estimate. There has been a reduction during the year of L 30,000 in the inland revenue, and L 20,000 in the Customs receipts.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18810702.2.8

Bibliographic details

CABLE NEWS., Ashburton Guardian, Volume 2, Issue 385, 2 July 1881

Word Count
764

CABLE NEWS. Ashburton Guardian, Volume 2, Issue 385, 2 July 1881

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