Latest by Cable.

New Zealand Mail, Issue 771, 10 December 1886, Page 16

Latest by Cable.

Bit Electric Telegraph,—CoPWEsscm?.!-

(SPECBAL TO UNITED PRESS ASSOCIATION.-).

London, December 7. Shares in the Ironclad 1 Miffing Company have been allotted.

The bars at which colonial wines * were* sold during the Exhibition show a profit of over £4OO, which will' be divided pro rata. Keginald Shipster, of Adelaide, , was fiftieth on the list of.-57'> Tcadets * ; who have successfully passed»the • naval examination.

; Government has declined 51 the J financial offers of the' Australian, 1 colonies regarding New Guinea? but* • will continue the protectorate* . _ They* j eo-nsider that Admiral Tryon has done - what is necessary to repress outrages, i England is willing to giva an initial ' grant of £IOO,OOO and to proclaim its sovereignty over the, British ;por- - tion of the island if the ,colonies are prepared to undertake,-- all's future., financial resnonsibilities. -

London, December 8.-.

Two hundred and sixty recidivisteshave embarked for New vCaledbaia,-. and 96 more are ready. . The Union Mortgage and Agency.Company of Australia ofiSr 12Q,00C>i £6 preference shares to the public,, upon which £2 are to be called up.

(REUTER’S TELEGRAg>SS>) !

A d en, , Dece mber ■ 7 7

News has been received that the* Somali tribes have murdereduDoctor* Juchlike, Agent of the Eastern, African Society at Aaesmyoo London; December, -T..

There is no change to repost in Consols, rates of discount,. orl?@w Zealand securities. . The wool market' continues The catalogue at today’s-auetienncom-prised 7800 balesColonial breadstaffs and itallow are unchanged

Ba/BIS f December 8. M. Floquefc has been requested to form a new Ministry..

New v- ‘Sore, December 7.

In his re port;, to Congress* the Hon Daniel Manning, Secretary of the Treasury, recommends the.removal of the import duties.on wool*.and the re~~ duction of those on woollen;goods.