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HOME AND FOREIGN, Issue 7956, 11 July 1889
HOME AND FOREIGN
(Rv EIKOTRIO TkLKGRAPH— COVYRIdHT,) (Per Press Association. )
THE BROKERS AND COLONIAL LOANS. LONDON. July 9. (Received July 11, 18E9, at 11 a .to.)
As soon as the news of the New South Wales loan was announced the financial syndicates held a meeting, at which it was agreed that tenders should not exceed LlO2 Bs. The brokers resent the colonies’, especially New South Wales’s, overborrowing, and glutting tl • market. They say that last year’s stocks are still on band to a large amount, as no time baa been given to unload them. They object also to the violation of pledges not to borrow, which has lately occurred twice.
DEPARTURE OP MAILS. LONDON, Jhlt 9. After prolonged negotiations it has been arranged that mails shall leave Adelaide for England on Wednesdays, which will a'low the inconvenience hitherto felt of either having to run a special train or close the mails too soon, FIGHTING IN THE SOUDAN. CAIRO, Jdlt 9. Skirmishes are taking place at Assouan between the Dervishes and British troops. PUGILISTIC. LONDON, July 10, Smith and Mitchell have challenged Sullivan to fight them for the championship. NEW YORK, Jult 10. During the fight between Kitrain and Sullivan tho former struck his opponent foul blows three times, and also spiked his foot. Sullivan exhibited surprising wrestling powers, and threw Kilrain twenty times. The former did not show any signs of distress till the forty-seventh round, and only suffered slightly, but Kilrain was severely punished. CURRENCY REFORM. LONDON, Jclt 10. Mr Gladstone, in a letter to the Press, expresses the opinion that any attempt to afford industrial relief by legislative alteration of the gold basis of exchange would come to nothing. CBICKET, LONDON. July 10. Tbe return match between the Gentlemen and Players was won by the latter by ten wickets.
• THE TIMES’-PARNELL COMMISSION. LONDON, July 10. Mr John O’Connor, M.P. for Tipperary, in tbe course of his evidence, admitted having been a Fenian until 1880, but he refused to disclose anything about that society. He also admitted that he was cognisant of a conspiracy having been arranged to murder Judge Barratt. Witness himself had been charged with participating in it. He justified his endeavors to corrupt the police, and said he considered that the police were capable of hanging innocent persons, whereupon the president explained: " It is moral torture to listen to this man.”
COMMERCIAL. LONDON, July 10, (Received July 11, 18S9, at 18.80 p.m.)
The quantity of wheat and flour afloat for the United Kingdom is 1,676,000 quartors, and for the Continent 212,000 quarters. The American visible supply is 1i,000,000 bushels.
The English wheat market has an upward tendency, bat the Continental is unchanged, The American is, however, Arm. The bop crops are expected to mature earlier than last year. The quantity is large and the quality will be about the average.
HOME AND FOREIGN, Issue 7956, 11 July 1889
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