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TELEGRAPHIC

homk and mimm

[By Elbotbio Telegraph. —Copyright. ] [Reuter's Telegrams.) MONETARY AND COMMERCIAL. . LONDON. December 23. Consols are at 10 If. New Zealand 4 per cent, inscribed stock is at L9B. The Bank rate of discount is at 4 per cent., and the market rate at 3 per cent. Adelaide wheat (ex store), per 4061b, 34s 6d; New Zealand l wheat (ex store), per 4961b, 32s to 33s Cd, according to grade. Adelaide Hour (ex store), per 2801b, 245. Australian tallow : Beef, average quality, 24s per cwt; mutton, 24a 6d. The total quantity of wheat and flour afloat for the United Kingdom is 1,480,000 quarters, and for the Continent 2,190,000 quarters. (Special so Press Association.) LONDON, December 24, (Received December 26,1857, at 10.30 a.ra.) The Mount Perry Mining Company has been largely over subscribed. Lord Randolph Churchill was on the point of re-entering the Cabinet, when be renewed Ids demands for the expulsion from the Ministry of Viscount Cross and the promotion of Mr \V. H. Smith. The Marquis of Salisbury refused to agree to the course proposed, aud it is thought that the object of Lord Randolph Churchill’s visit to Russia is with tho view of embarrassing the Marquis of Salisbury. At a largely-attended banquet given by colonists, Mr Justin M'Carthy stated that the Earl of Carnarvon had accepted Mr Parnell’s scheme of Home Rule for Ireland, The Marquis of Salisbury said that the Earl of Carnarvon was at present absent in Australia, but until the statement was justified he would be convinced that it was w'ithoutfoundation. Mr M'Carthy replied that the Earl of Carnarvon was a man of honor, and would certainly not disclaim the statement. The commanders of positions along the entire Western frontier have been summoned to Gatschiua. Mr Cecil Raikes, Postmaster-General, insists that he is entitled to include parcels under the mail contract, and he refuses to give way. Tho companies declare that neither iu the original tender nor iu the parleying which took place was anything implied that parcelsshould be carried. They dispute tho legality of Mr llaikes’s proposal, and refuse to accept what they term a new and dangerous obligation. At the last momenta deadlock has taken place. The w heat market closed firm, with only limited business. English aud foreign sorts are hardening. Au Australian January cargo has been sold at 345, and another prompt shipment at 3d more. LONDON, December 25, Rothschild and Sons deny that they arc connected with any syndicate established for maintaining tho price of copper. The liawaaian Commercial and Industrial Company has been registered with a capital of a quarter of a million. The Right Rev. J. Moore, Bishop of Ballarat, has had a private audience with the Pope, when be presented the address from the Catholics resident iu Victoria. Accompanying the address were 1,000 Ballarat sovereigns, quartz specimens, and silver, groups representing Australian flora and fauna and abori inal life. His Holiness, in reply, said he y'as pleased at the progress of religion in Ballarat. He commended their generosity in support of religion and education. It is rumored that the Earl of Dunraven is preparing a measure providing for the election of members of the House of Lords. The torpedo cruiser Mohawk is being prepared for commission to the Australian station. LONDON, December 26 (Received December 27, ISB7, at l.iiO a.in.) A general strike has been ordered of the employes on the Philadelphia-Leading Railway Company, in consequence of the owners employing non-union men. The strike will affect 05,000 men.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18871227.2.14

Bibliographic details

Evening Star, Issue 7404, 27 December 1887, Page 2

Word Count
583

TELEGRAPHIC Evening Star, Issue 7404, 27 December 1887, Page 2

TELEGRAPHIC Evening Star, Issue 7404, 27 December 1887, Page 2