TELEGRAPHIC

Evening Star, Issue 7188, 16 April 1887, Page 2

TELEGRAPHIC

Some and foreign. •• [By Electric Telegraph—Copyright,] : [Renter's Telegrams.] MONETARY, AND COMMERCIAL. LONDON, April 14. (Revived April ]6.1887, at 10.16 a.m.) Consols.are at 102|; market rate, IJ. the Bank rate to-day is reduced to 2J per cent. New Zealand 10-40 loan is at 101|; inscribed stock, 97. The weekly returns of the. Rank of England show the total reserve in notes and bullion to be L15,4OO,0O0; proportion of reserve to liabilities, 45 per cent. Colonial breadstuffs and tallow are without quotable change. Scotch pig iron is Is lower—4s; galvanised iron, Lls. THE WOOL SALES. LONDON, April 14. The wool market is firm. At to-day’s auction 11,800 bales were offered. Teh thousand bales have been withdrawn up to date. [Special to Pbbss Association.] LONDON, April 15. (Received April 16, 1887, at 11.60 a.m.) Subscriptions to the Imperial Institute are coming in slowly, but ft ts expected the requisite amount will be obtained. Government intend to propose a grant of LLOOO.OOO. L INTERCOLONIAL. [By Electric Telegraph—Copyright.] [Reuter's Telegrams.] THE MAIL CONTRACTS. MELBOURNE, April 15. (Received April 16, 1887, at 1.15 a,m.) Mr Gillies anticipates that the question of mail contracts will be settled at an early date, Mr Derham, Postmaster • General, has instructed the Victorian Agent-General to bring matters to a climax, with a view to a reasonable compromise being effected. INTERPROYINCIAL. [Per United Press Association.] AUCKLAND, April 16. The Board of Education yesterday resolved to discontinue the Globe readers in the schools. NEW PLYMOUTH, April 16. A fire occurred at Opunake at 2.30 this morning, when Crawford’s Club Hotel and the Union Bank buildings were burnt. The hotel was insured in the South British Office for L7OO, and the furniture for L3OO. The occupants escaped in their nightdresses, and one man was severely burnt. Natives living at Mangaone, near where the encampment was held, state that the Volunteers in no way interfered with them. WELLINGTON, April 16. At the Supreme Court this morning Crabtree was sentenced to three years' on each charge (two charges burglary, and escaping from [gaol), the sentences to run concurrently.