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TELEGRAPHIC

HOME AND FOREIGN. , (By Electric Telegraph—Copyright.] [Reutkr's Telegrams.] MONETARY AND COMMERCIAL. LONDON, September 3. (Received Soptember 7, 1885, at 0 10 a in.) Consols remain at par. New Zealand securities: Five per cent. 10-40 loan, LlO4 os (ex dir.); 4i per cent. 1879-1904 loan, 102; 4 per cent, inscribed stock, LIOO. Market rate has advanced oneeighth, and is now one and five-eighths, or three-eighths below the Bank rate. The total quantity of wheat afloat for the United Kingdom is 1,580,000 quarters, or 80,000 quarters less than last week. Prime New Zealand frozen mutton averages higher, and is now quoted at sd. Tallow is Gd higher, best Australian beef averaging 27s 6d, and mutton 29s 6d. At to-day's wool sales 11,800 bales were offer to a dull market. THE FROZEN MEAT TRADE. LONDON, September 3. The frozen meat ex Northumberland, from Napier, has been examined, and found to be in good condition. THE WOOL SALES. \ LONDON, September 5. (Received September 7,1885, at noon. J At to-day's wool sales 11,100 bales wore catalogued. The tone of the market is still dull. I THE CHOLERA. LONDON, Septembers. Advices from Spain state that the oholera is decreasing in that country, and that the number of deaths is rapidly diminishing. ■ A case of cholera has been reported to the medical authorities of Cardiff, in South Wales, the patient being a sailor on board a ship which recently arrived from Barcelona. ['Abous' Special to Press Association.] LONDON, September 5. Tke wlioat market is dull, ancl cjuotations are, ex warehouse, 35s <sd. Seven off-coast cargoes have been sold at 33s 6d. Forward shipments are weakening. Several of the" Continental orops have exceeded the average yield. The wool inarkot is inanimate. . Crossbreds maintain the : July closing rates. Merinoes are from 7 to 10 per cent, below the price realised at the July sales. . The number of bales catalogued was 60,000, and the total number available is 340,000. LONDON, September 6. (Boceived September 7, 1886, at 11.50 a.m.) The gangway of tho Orient Company's steamer Liguria fell, injuring twenty-four persons and killing one. The French Government have suppressed the 'Boßphore Egyptlen,' published »t Cairo. Mr John Fowler, formerly president of the Institution of Civil Engineers, and who is at present Consulting Engineer to the Egyptian Government, has been created a Knight of St. Michael and St. George. Flushing, a Beaport of the Netherlands, has been made a port of call for tho German line of steamers to Australia.

Consols remain at par.

The Flying Squadron at present in course of formation will comprise seven vessols, and will bo under the command of Captain Robert Ob. Fitzroy, C.B. The squadron will sail in October. The Russians on the 14th of August occupied Ch&man-i-Baidh, a town about forty miles from Penj-deh, in a south-westerly direction. A number of Afghans, who were in the vicinity at the time, were attacked by the Russian cavalry. Spain has refused to allow Clio Caroline Islands difficulty to be settled by arbitration.

With reference to the seizure of Uup by Germany, tho Spanish Governor of that island was disposed to offer- resistance to the landing of the Germans, but tho commander of the man-of-war there refused to assist him, and has since been dismissed from the service. The commanders of the three*men-of-war despatched to Uup have been ordered to aot with energy.

The following have appeared in the The position of the English Government ia not at present so favorable in regard to foreign affairs. Signs of serious disunion in the Conservative ranks are apparent. Many Ministerialists object to the Medical Relief Bill, but still graver differences exist concerning tho Irish question. Dissatisfaction has already been caused by the decision of tho Government not to renew any portion of the Crimes Act, and by the concession! made to Mr Parnell upon that subject. There has been umbrage given by the approval of Earl Carnarvon's proposal that there should be an inquiry into tho evidence on which certain murder convictions in Ireland were obtained, and there was the incident in the House of Commons when Mr Oallan charged Mr Bright with a breach of privilege in having in his speech at the the Liberal banquet to Earl Spencer charged some Irish members with being rebels, and with sympathising with murder and outrage. Mr Callan's motion waa rejected by a large majority, but during the debate Sir M. Hicks-Beach and Lord Churchill both disapproved of Mr Bright's language, and studiously avoided giving Earl Spencer a word of support. In consequence of this attitude the Tory leaders in the Commons—Lord Claud Hamilton and Mr Whitely, the Conservative members for Liverpool—signified their intention not to attend the great public meeting at Liverpool which Lord Churchill was to address on the 29th ult. Lord Churchill thereupon declared in their absence he could not attend the meeting himself. The Conservatives of Liverpool are angry and discontented. The ' Standard' published an article commenting upon the above matters, attacking Lord Churchill in a most violent manner, describing him as a much overrated man, and deploring that one so highly placed should display an almost incredible ignorance of public affairs and be guilty of such pranks and blunders. Colonel Stanley points out that the 17th section of the Federal Enabling Bill empowers a Governor to decline to give his assent to any Acts of the Council which he may consider inimical to the interests of his Colony. The German Government, having obtained the consent of Great Britain, have resolved to annex the Marshall Islands.

The directors of the English and Australian Copper Company have considered the question of transferring their smelting works at Port Adelaide to Newcastle (N.S.W.), and have decided to suspend and not absolutely close their Port Adelaide works, which will be re-opened directly the values for copper improve.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18850907.2.11

Bibliographic details

Evening Star, Issue 6700, 7 September 1885, Page 2

Word Count
967

TELEGRAPHIC Evening Star, Issue 6700, 7 September 1885, Page 2

TELEGRAPHIC Evening Star, Issue 6700, 7 September 1885, Page 2