COLONIAL ITEMS.

Press, Volume XLIV, Issue 6685, 25 February 1887, Page 3

COLONIAL ITEMS.

fBPECIAL TO PRESS ASSOCIATION.] Received February 24th, noon. London, February 22. The Lord Mayor’s Committee has decided to apportion the subscriptions of the Queen’s jubilee fund as follows: 30 per cent, to the British Museum, and 70 per cent, to the Imperial Institute. Received February 24th. 3.45 p.m. London, February 23. The Orient Company are willing to accept an eight years’ contract for the conveyance of mails at a fixed subsidy on the basis of their original demand. The Peninsular and Oriental Company will agree to a contract for any term between seven end ten year*, provided tint the subsidy is computed on a sliding on the basin- of their last offer. Both Companies stipulate that-.the steamers shall be placed on an equality with foreigner* in respect to payment of port and light dues. The amount awarded to the Orient

Ccmpany in the arbitration case in respect to the sinking of the Austral is £122,000, including interest and costs, which are equal to the reductions made by the arbitrators in the original elsim. The Federal Insurance Company is announced, with a capital of one million, half of which is to be called up.

It is rumored that Sir William Robinson, now Governor of Trinidad, is to be transferred to Hong Kong, and that Sir Napier Broome is to succeed Sir F. A. Weld in the Straits settlements. [rxctkk’b telegrams.] Beoeiveil February 21th, 10.5 p.m. London, February 24. The Peninsular and Oriental Company have sent to the Post Office their final tenders for the carriage of Australian mails.