SPECIAL TELEGRAMS.

New Zealand Herald, Volume XIX, Issue 6281, 4 January 1882, Page 5

SPECIAL TELEGRAMS.

BY CABLE.

[rkuter's telegrams.]

FROZEN MEAT TRADE. London", January 1. The cargo of frozen meat, brought by tlie steamship Europa, which left Melbourne on October 31, was examined to-day, and found to be in excellent condition, the refrigerating apparatus having worked well during the whole voyage. HOMEWARD MAIL. London, January 2. The Homeward mail via Suez and Brindisi, which left Melbourne November 22, was delivered to-day. FAILURE OF ANGLO FRENOI-I COMMERCIAL TREATY. London, January 1. Ifc has transpired that, in the coursc of the negotiations which have been proceeding in Paris between the British and French Commissioners regarding the proposed new commercial treaty, M. Gambetta finally offered certain abatements on the duties proposed to be levied, on British woollens and cottons. The reductions were, however, deemed by the English delegates to be inadequate, and Sir Charles Dilke has, in consequence, returned to London. His colleague, Mr. Cross, however, remains to discuss certain technical details of the French proposals. In consequence of the phase which the treaty negotiations have assumed, it is now generally believed that it is hopeless to look for an agreement being arrived at between England and France. LONDON MARKETS. London, January 1. Consols are unchanged, at 99£. New Zealand securities remain at the following quotations —The 5 per 3ent. 10-40 loan is 104; the 5 per :ent. 1889 loan is 104; the 4b per ;ent 1879-1904 loan is lOlf. f Colonial breadstuffs have advanced Is . per quarter. Adelaide wheat, ex store, is quoted to-day at 575, and New Zealand ditto at 535. Adelaide flour, ex warehouse, has advanced to 42s 6d. Australian Tallow.— Best beef is 39s 6d; best mutton is 44s 6d.