THE LATEST.
By Electric Trleqr Arir. —Copy right. (y-JSR AREAS ASSOCIATION.) (Received October 4, 12.30 p.m.) London, October 2. A deputation from - the’ Committee of Audit appointed in Auckland to investigate tho affairs of the Bank of New Zealand has submitted the present position of the bank to the chief financial house?, capita’ists and banks in' London. After a searching examination, L20Q,000 of new capital has been privately subscribed by fading capitalists not hitherto associated with the bank, including a director of the Bank of England, Glyn, Mills and Co, Lord Hindlip and others of the highest'reputation. Additional capital was offered, but declined. A policy of facing the situa tion boldly is approved in the highest financial circles*
It is stated that Bishop Barry, of Sydney; will rbaigu ill a year from date; Munich, October 2. The Emperor William, who has arrived here on a visit to the King of Bavaria, had a rnoßt enthusiastic reception. Paris, October 2. In consequence of'.the increasing foreign immigration, President Carnot has issued a decree requiring foreigners who propose to settle in France to declare, within a fortnight of arrival, their names, birthplace, and occupation, and to produce vouchers that they are actual settlers. Immigrants will be granted one month to procure the necessary documents. (Received October 4, 12.45 p.m.) London, October 3. A cargo of Australian wheat lias been sold at 40s 6d, and another at 40s 9d. At the wool sales yesterday bales were sold. Good sorts are firm ; faulty and inferior a trifle easier. Bishop Kennion,“ of Adelaide, preaching at Halford, strongly condemned the irreligious tendency of legislation in the colonies with regard to marriage and divorce. With a view to consolidate the colonial church, he suggested that certain Home and colonial dioceses should be linked together. - (Received, October 4, 1.15 a.m.) Sydney, October 4. There are signs of an early termination of the millers’ strike. Brisbane, October 4 A valuable silver find has been made at Boorooboola, in Northern Queensland. It is believed it will become the richest and largest field in Australia. Melbourne, October 4. Arrived— Selembria, s.s., from London. , Three hundred ironworkers,, on strike, surrounded a 'foundry and attacked several non-unionists, one of whom was brutally illtreated, and another severely injured. London, October 2. Arrived—Ship Agnes Oswald, from Lyttelton (July 2); barque Marti Cordolar, from Timaru (May 6);'ship Oamaru, from Wellington (June 7). The market rate of discount is four per cent. Australian flour, 27s 6d to 28s : Australian frozen moat is dull of sale, and has experienced a slight decline. New York, October 3 A new International Society, intended to embrace Australia; has been formed with its headquarters in tire city. Senator Jones proposed that a treaty to exclude Chinese should be negotiated with Mexico as well as with England. Paris, October 3. The strike at St Etienne mines has been abandoned. Canton, October 3. Foreigners in this city have ad dressed a protest to their respective Consuls against the arbitrary obstacles placed in the way of landing and embarking goods by Chinese officials. The Consuls have referred the matter to their Home Governments. (Received October 4,2 p.m.) Sydney, October 4. Potatoes—-New Zealand, 755; Circular Head and Ballarat, 80s ; maize, 2s lid, easy ; oats, 2s od to 2s 7d ; bran, 9Jd to 9£d f pollard, 9d to 9-j-d ; chick wheat, 3s 3d to 3s 4d; butter (imported), 9d to lid ; cheese, from 8d to 9d ; bacon, 7d to 9-|d ; onions, Bd. Melbourne, October 4. ' Wheat is quiet; chick wheat, 3;s 4cl to 3s 4£d ; milling, 4s 4d ; oats, 2s 6d, New Zealand, 3s 6,d; barley, 5s 6d Vi ois G|d; maize, 3s (id to 3s bran, lOd. Adelaide, Qelober-4. Wheat, 4s 4d to 4s 5d for shipping parcels ; at Port Adelaide, 4s 2d to 4s 2gd : at outports, 4s Id ; stone fUur, L 9 10s 5 bran, Is 2d to Is 2-^-d; pollard, Is Id to la 2d ; oats, 3s 5d to 3s Gd. SPECIAL. (Received October 3, 12 45 p.m.) London, October 8. The Standard urges that Great Britain should declare a pro! eel orate over the remaining islands in the Pacific not annexed, in order to anticipate Franco. Washington, October 2. The Senate has requested President Cleveland to negotiate with the British Government for the purpose of preventing Chinese reaching United States territory from British possessions in North America. The exemptions suggested by President Cleveland in the Chinese Exclusion Bill are causing some excitement in California. (Received October 4, 1.30 p.m.) London, October 3. At the annual meeting of the,
Baptists’ Union, the President (Rev J. Clifford) welcomed Bishop Barry’s liberal utterances as an advance oh the part of the Episcopal Church toward the unity of Protestant faith. The ship Cressington, from Melbourne, repot ts fearful weather on the voyage. The vessel had a narrow escape from foundering, and, so imminent was the danger, that the captain never retired or. undressed for ten, weeks. A great strike of colliers is imminent unless their demands for increased wages are acceded to. The St. James’ Gazette predicts a coal famine.
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New Zealand Mail, Issue 866, 5 October 1888, Page 17
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843THE LATEST. New Zealand Mail, Issue 866, 5 October 1888, Page 17
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