TELEGRAPHIC NEWS.

New Zealand Times, Volume XXXI, Issue 4889, 22 November 1876, Page 2

TELEGRAPHIC NEWS.

(PER PRESS AGENCY.) Auckland, Tuesday.

The New Zealand Loan and Mercantile Agency’s report confirms advices re the advance in the price of wool, under date November 4. It says the competition of both home and foreign buyers was active. The Continental markets are lightly stocked. The sales comprise about 200,000 bales; 9000 were sent to the manufacturing districts direct. Fraser and Tinnea’ tender was accepted for repairing the Pretty Jane, damaged by getting ashore at Gisborne. Price, £1950. Greymouth, Tuesday. The Golden Fleece Extended Company cleared up for six week, the result being 1870ozs. melted gold, value £7199, which, with undivided balance from former crushinga, leaves £10,700 to the credit of the company. A dividend of 4s. per 48,000 scrip, equal to £9,600, will be declared to-morrow. Eleven hundred pounds will be carried forward. Hokitika, Tuesday. Two lodes have been struck on Hudson’s five hundred acre blocks by the Mount Rangitoto, now called Virginia Silver Mining Company; one fifteen inches, and the other five feet wide, specimens from which are estimated to yield SOOoza, silver per ton. A company is being floated with a capital of £40,000 iu 8000 shares of £5 each. The company is just in the market, and 4000 shares are already taken up. , Timaru, Tuesday. Prices of grain here are exceptionally high. Wheat, 6s. to 6s. 3d. f.o.b. ; oats, _2s. 6d.; barley, 3s. Large quantities were shipped for exportation, and this accounts for the present

scarcity. _ The plentiful rains of the last few days have done much good. Crops are very promising. A committee has been appointed, on behalf of South Canterbury, to get up a testimonial to Mr. Rolleston.

Great dissatisfaction is caused by the nonpayment of the money due by Government. Contractors and others are much embarrassed.

Ddnedin, Tuesday.

Cargill and Gibbs have received a cablegram from Helmuth, Schwartz, and Co., dated 2nd November. Sales of wool opened with a large attendance. The competition was animated, and prices for fleece (washed and scoured) show an average rise of three halfpence to twopence. Greasy also shows an average rise of a penny compared with closing rates of last series. The general state of trade is improving. November B.—Prices show an average rise of a penny to three halfpence compared with the opening rates of the present series. Prices are as high as in February. A public meeting re Bulgarian atrocities was held last night. There was some splendid speaking. A committee was appointed to collect subscriptions. Port Chalmers, Tuesday. ■

The immigrants per Dunedin were taken to the quarantine island by the passenger steamer Samson.