AUSTRALIAN.

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

AUSTRALIAN.

By .EsEQume ••Teleora* m r-=6op yright,-.

(rater’s- telegrams).

Sydney-, December-jL

The steamship ©brajagamite still lies.stranded; and buF ltttle hope i 3 entertained, of floating her. The insurances on the- vessel amount ta i£25,000y a, portion, Wing held.) by the Union Insurance- CSompany of New* Zealand.,

The British Indfia Steam* Navigation Company has purchased the fleet ot the Australasias* Steam Navigation Company fos> £2<iO,OOO. Heavy rajn» have fallen, in parts of the country,, a;id serious- floods have been caused int some places. Melbourne, December 8. The Gover nments of Victoria and New South ' "Wales have decided to reduce the-, terminal charges on ordinary telegrams between Australia and New Zealand to 6d for each colony,, mu place of Is, for the first 10g words, as. at present. The change will* take effect on Ist .January next. ' Melbourne, December 9.

The local manager of the National Mortgage and Agency Company of New Zealand reports of the gram market as follows :—Shipping wheat firmer, at 4s lOd to 4s lid. Malting barley shown no improvement, 3s 9d to 48 3d. New Zealand feed oata are less depressed, and have rather more inquiry at 2s 8d to 2s 10d- milling oats are in less demand and pricesoccasionally easier, 2s lOd to 2s lid; New Zealand oats in bond, 2s to 2s 2d. Arrived, this morning—rManapouri. from Bluff.

The Argus to-day, discussing the proposed Colonial Conference in London, suggests that th/> and the

Opposition should both be represented thereat. The Age considers that farther information is required. Sydney, December 8. A portion of a board with the word “ ermopylae ” printed on it has been picked up at'-- Port M&cquarrie. It is supposed to belong' td the ship Thermopylae.