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THE SAN FRANCISCO MAIL.

ADDITIONAL ITEMS.

J. Milsom, Canterbury, is entitled, by a lucky draw in the London Art Union, to select a work of art of the value of £75.

Honolulu papers announce that a case of smallpox has occurred there. They state that the disease was brought there by the Nebraska on her last trip from San Francisco, where the leprosy is raging fearfully. Particulars of the late earthquake in Syria are coming to band. The fatalities were not greatest in the city of Antioch. A letter from Antioch says that the American Protestant Church is severely injured. All members of the families of missionaries are safe. The number of persons killed in the city of Antioch is less than 300, but 1600 perished in the surrounding towns, where the shocks were very severe. The distress of the people will be only temporary. FRANCE. The Commission on the capitulations is unable to adjudicate on the capitulation of Paris. They think, however, that great responsibility rests on Jules Favre, the late Minister for Foreign Affairs, but exculpates Generals Trochu and Yinoy from blame. The specie in the Bank of France has increased to 4,000,000 francs. M. Gambetta, in replying to an address from deputations from Alsace and Lorraine, said that France must not speak of revenge, and advised the adoption of the watchword “ Patience.” By keeping true to the policy of which this was the key-note, France would obtain satisfaction without resorting to the sword.

The Constitutionnel says that the Germans will soon evacuate three more Departments. Bazaine has been arrested, and his trial will be begun in a few days. Three hundred thousand francs have been raised here for the sufferers by the eruption of Vesuvius. Negotiations for the total evacuation of French territory now occupied' by ; the Germans are reported to be progressing favourably. SPAIN. : The force of Carlisle which entered Spain, from Portugal, has been driven back by the Government troops. Castella, Margarey, and Uigueras have published a manifesto repudiating Don Carlos and King Amadeus, and! saying that the Republicans must pre-' pare for a combat. _ 5 j News has been received that the ; forces under General Lptorha had de-| feated 5000 Carlisle at Manaria, cap-| taring many prisoners. The where-! abouts of Don Carlos remains ■ a mys-i tery; that he escaped from' Spain isi certain. " " The Cortes has passed a bill to bring up the effective force of the regular army of Spain to 80,000 men. ■ The Government officially announces that the insurrectionists in ,the pro-j vince of Biscay are breaking up. Manyi are deserting and surrendering to the Government. GERMANY. The Reichstag has passed a resolution: asking the Government to submit the ; draft of a law which shall regulate the licenses granted to religious orders, and provide punishment for all members of such organisations guilty of dangerous activity towards the State. The resolution aims more particularly at the Jesuits. Bismarck returns to his estates, and will abstain from active participation in affairs for several months.

Press correspondence reports that the Pope declines to receive Prince Hohenlohe as an ambassador of Germany, and says that this action is striking evidence of his want of appre* ciation of Germany’s friendliness and disposition to conciliate. ITALY. The Italian Government sent a protest to Prince Charles, of Roumania, against the persecution and oppression of Jews in that country. SHIPPING. Arrived —April 29, Shun Lee, from Lyttelton ; May 2, Asterope. Loading—Merope, for Lyttelton, to sail on May 5. The Zealandia sails on May 25. The Mercury is loading at New York for Dunedin and Wellington; she had no engagements on May 13. __ COMMERCIAL. Money. The Home News of May 2 quotes New Zealand securities : 6 per cents 112 to 114, 5 per cents 102 to 103, 5 per cents consolidated 101 to 102, 6 per cents 1891 111 to 113, ditto 6 per cents 114 to 116. New Zealand Loan and Mercantile Agency (limited), 1 prem.; New Zealand Trust and Loan Company, 11 to If prem.; Bank of New Zealand, £l9 to £2O ; Bank of Otago, 31 dis.; Otago and Southland Investment Company, 1 prem.; Dunedin and Port Chalmers railway mortgage debentures, £B6. Wool. The New Zealand Loan and MercanAgency Company’s circular of May 2 reports that a decline was established at the commencement of the series, amounting, on all descriptions except Cape produce, to an average of one penny as compared with the closing rates of February and March. During the progress of the sales the decline has become increasingly marked, and may be now quoted at 21d to 3d reduction ; and this applying more especially to lower unwashed dOsbnpr tions, makes the fall therein expressed in percentage proportionately heavy. In searching for the reasons why buyers should have declined operations

dming "the•pi'weutrßeriießrtmigM stra considerable dijmoqnt oq|xrevioua rates, we think they mar be iband in the fact that there Aa»-|ean but little competition exhibitwlpi|Mnch' operators, while the home trade, when not absolutely compelled to'purchase! frith the knowledge that the. succeeding series oil June apd July will probably comprise somei 200,000 bales, continue to dporate with extreme caution. While to date compared yrith last yeftrehpw an excess by reason of the present ’’ clip having been shipped earlier thah the one preceeding, it is now a matter of fact that the production of the year 1,871-2 directed to this market, will show little if any increase on 1870-1, With this feature in view, it cannot be supposed that during the remaining series of the year lower prices will continue to rule, although they may be subject to fluctuations in value. Flax. Ttye Home News of May 2 reports, “ Supplies continue limited, but have been coming forward with rather more regularity lately. The market is still strong;; and sellers obtain extreme pieces, especially for fine qualities, which at the sales last* week yvere eagerly bought at further advances. The sales for the month to 1000 bales, chiefly good to medium fine sorts. Tow has improved in demand; about 200 bales sold at ; £ls to £l6 15s per ton, according to quality. The following list comprises the principal marks sold: — Per Queen of the South, from Lyttelton : BSB-—B, £42 15s. OOH, £42. Kowai, A, £39 to £39 10s. Kowai, £37. Waikato, £35. Kowai, SE, £B3. Per Halcione, from Wellington: LGf, £39 15s. ME, £3B 10a to £3B 14s. B&G- (in diamond) A, £B7 10s. BM&B, sorted; £36 10s. E&Q- (in diamond) B, £35 10s. Per Marope, from Lyttelton: ABO, £37. H&OO, £37. SHF. £361 MAE, £35 10s. SHS, £B3. Per Penthesilea, from Melbourne; HFW, £36 10s. CH, £35 ss. Arrivals :—Queen of the South from Lyttelton, Eiectra and Annie from Wellington, Penthesilea from Melbourne, with about 1100 bales hemp and tow, in all. The stock on May 1 was 320 tons against 1120 tons last year. Preserved Meats. The New Zealand Loan and Mercantile Agency Company’s circular says that in preserved meats, in the absence of public sales during the mouth, transactions have been confined to supply tfcade requirements, and for private contracts. These have been taken to a limited extent, and sales effected have been chiefly for smaller-sized tins, for which there continues to exist the greatest demand. Shipments of this article now afloat amount in the. aggregate to 120,000 cases. The arrivals during the month have been about 7000 cases. Tal/lOW. ■The Times of May 1 says that according to a circular of Messrs Colchester and Woolner the market has been -inactive during the past week, and that a decline had taken place for -forward delivery. ’ The public sales on : Friday met vritji ready buyers, 'juulihe, pfftis'&f thenammer, advanced 3d per cwfc; 2800 casks were sold, out of 2900 offered. To-day the London markets were quiet with sellers at 54s 6d for June ; 49s for October to December. T.C. Ee-weighted, 47s 6d ; Australian mutton, 42s 6d to 43s 6d ; beef, 42s to 42s 6d ; South American mutton, 42s 6d to 43s 6d ; town tallow net, 43a. At the close of the sales the market was flat with sellers at 54a for April and June. Hides, &c. The British Trades Circular of May 1 reports that sheepskins generally ruled very dull throughout, and . prices show an average decline of £3 15s per dozen on all descriptions of weights, heavy averages showing the greatest fall. Ox and cow, small supply; salted Australian sold at Is 8d to Is 4d per lb below last sales. Sydney 2238 salted Australian ox and cow skins were sold; Sydney first heavy, 65s 8d to 63a 4d; first, 68s 4d to 67s 8d; seconds, 61a 2d.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18720624.2.15

Bibliographic details

Lyttelton Times, Volume XXXVII, Issue 3567, 24 June 1872, Page 3

Word Count
1,429

THE SAN FRANCISCO MAIL. Lyttelton Times, Volume XXXVII, Issue 3567, 24 June 1872, Page 3

THE SAN FRANCISCO MAIL. Lyttelton Times, Volume XXXVII, Issue 3567, 24 June 1872, Page 3