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INTERCOLONIAL.

I'Bt Electric Telegraph—Copyright.] |Teb Press Association.]

PERTH (W.A.), October 26. (Reoelvcd October 26,1889, at 1.15 p.in.J

Parliament was opened yesterday. The Governor's speech declared that it was imperative to study every possible and reasonable means of conciliating the strong opposition in the House of Commons to the Constitution Bill. A request had boon received from Lord Knutsford that a delegation should proceed to London to further the interests of the Bill. Reference is made to the prosperity of the colony. The Treasurerjestimates that the surplus for the year will reach L 14.000.

MONETARY AND COMMERCIAL. LONDON, October 25,

The weekly returns of th 9 Bank of England show the total reserve in notes and bullion to be L 11,706,000, being an increase of L 556.000, compared with the previous week. The proportion of reserve to liabilities is 38$ per cent. Consols, 97. New Zealand 4 per cent, inscribed stock, 106f, with the market active. Australian wheat (ex warehouse), 39s 3d, and the market quiet. New Zealand longberried (ex store), 37s 9d ; also quiet. Sugar: German beet, lis 3d; Java, 14s 4d.

Best No. 1 Scotch pig iron, f.o.b. in Clyde, is firm at 55s 9d. The tallow market is quiet. Mutton, 37s to 37a 6d; beef, 265. Ox hideß, 3d to 4Jd per lb.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18891026.2.18.2

Bibliographic details

INTERCOLONIAL., Issue 8048, 26 October 1889

Word Count
215

INTERCOLONIAL. Issue 8048, 26 October 1889

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