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LATER ENGLISH NEWS.

London, July 19. The wool sales opened on the 10th with 200,000 bales arrived ; 65000 were offered. There was a good attendance of home and foreign buyers. The bidding was spirited throughout. At the opening cross-bred wool showed a decline of one penny, but it has since improved. At the close an advance of one penny was established on the average, and for superior combings twopence to threepence. © The New Zealand debentures for a loan of £200,000 were a failure, owing to the minimum being fixed at 105. Tallow is dull. Sperm oil, £62. Petroleum, 14d. Leather, best hides, 12d to 13d. Heavy ox hides, Pig iron, £5 Bd. Copper,' £lO. Australian tin ore £7O. Adelaide wheat 5s to 5s 2d. Estimated Californian harvest 600,000 tons. The next wool sales will take iilace on October 2nd. New Zealand consolidated fives 1041. Victorian sixes, due April and October, 112 ; fives, January and July, 105| ; New South Wales fives, 1044-. The Australian Agricultural Company has declared a dividend of 8j per cent. The Union Bank has declared a dividend of 13 per cent. The Bank of South Australia has declared a dividend of 10 per cent. Hemp and cotton are lower. Discount 4j ; money is easier. Arrivals —Steamship Atrato, Burlah, Agra, Agnes Muir (from Dunedin), Cissy, and Celoeno. An International Postal Congress will be held at Berne on September 1. The English troops have burned the city of Elmira, held by friends of the Ashantees. The evidence in the Tichborne defence commences on August 21. Lowe has contracted with some London merchants for the payment of the Alabama award. T. Russell, the agent of the New Zealand Government at Washington, is understood to have successfully negociated for the Californian service. There was no disturbance at the Boyne anniversary. Prince Arthur is to be married to the Princess Thyra, of Denmark. The Prince is at Stockholm, representing the Queen at the coronation of King Oscar. The British are threatened with an Ashantee war, and further reinforcements are ordered. Lord Westbury, the ex-Lord Chancellor, is dying. Lord Mayor Waterlow has been created a baronet. Knighthood has been conferred on Sheriffs Knight and Perkins. A valuable testimonial has been presented by the Nonconformists to Mr Miall, M.P. A committee appointed to inquire into the increased price of coal attributed the rise to increased consumption solely. Ib recommends non-interference by Parliament, and deprecates the proposed export duty. The builders’ difficulty is settled by the masters yielding. The Queen promises to encourage arbitration and the adoption of international rules whenever opportunity promises. The Education Act Amendment Bill was read a second time. The City of Washington steamer has been wrecked near Halifax. The captain’s certificate has been suspended for one year. The Queen consents to the official announcement of the Duke of Edinburgh’s intended marriage. The prorogation of Parliament will take place in the first week in August. The Khan of Khiva submits himself to Russian vassalage. The Russian general reinstated him, appointed a new Government, and abolished slavery. France has prolonged the commercial treaties with England and Belgium for three years. Thiers advocates a single commercial treaty with all foreign powers. The French Government have resolved to send Rochfort to New Caledonia. He leaves France at the end of this month. The Carlists have been dispersed by the Republicans. The latter took a thousand prisoners, who are to be tried for treason. Don Carlos has entered Spain with 10,000 men. He is marching on Bilboa. The French Assembly will adjourn to the sth of November. The French Government is suspending the Lyons journals. The subject of the Press prosecutions was debated in the Assembly. There have been fresh shocks of earthquakes in Italy. London, July 22. The Colonial Com mi f l^^ie Vienna Exhibition gave 2 er - . |e juries in %w A W L AUGUS 0 * The Coloiumt timber to Lvjcr n*Se*' irA. HUCHAN, Managed p a n of tes

in port: A new Ministry has been formed in Madrid. The trial of the Tichborne claimant has been resumed after an interval of ten days’ adjournment. The French harvest is small. Subscriptions for the New Zealand Meat Preserving Company amount to £200,000. LATEST UNPUBLISHED. The Carlists under Don Carlos sussustained another defeat on Ebro. Obituary : —Lord Westbury (ex-Chan-cellor). * The Russians retain Kungrad. The Khan of Khiva visits sbt Petersburgh with General Kauffmaun.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZMAIL18730802.2.25

Bibliographic details

New Zealand Mail, Issue 120, 2 August 1873, Page 13

Word Count
729

LATER ENGLISH NEWS. New Zealand Mail, Issue 120, 2 August 1873, Page 13

LATER ENGLISH NEWS. New Zealand Mail, Issue 120, 2 August 1873, Page 13

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