SPECIAL CABLEGRAM.

Oamaru Mail, Volume IV, Issue 1135, 8 December 1879, Page 2

SPECIAL CABLEGRAM.

I [FROM OUK OWN COKKESrONDEST.i i London, December 5. Mr. July an (one of the financial agents ,ir New Zealand) has resigned. The Times expresses doubt as to the wisdom of New Zealand entering the market with a loan. A South Australian loan of two millions is expected to be placed in the market shortly. The increased value of money has depressed thp market for New Zealand stock. New Zealand -fl per cent, consolidated debentures arc quoted at L 94, and 5 per cent, debentures at LIOO. South Australian 4 per cent, debentures are quoted at LOS 10s ; and Victorian 4 per cents, at L 97Tlie price for new malt ranges from 48s to 545. The tin market is steady at L9l ss. The corn marke: is firm and steady. Prices for wool improve as the sales progress. At to-day's sales G339 bales were sold. Brennan, the Secretary to the Land League, has been arrefted for sedition. The French Chamber has passed a vote of confidence in the Ministry. December G. A meeting of loyal Boers requested that constitutional freedom should be granted to them. The Ui'.'ht Hon. W. E. Gladstone, on leaving Glasgow, repudiated the idea that he was seeking place. He said the country wanted justice, economy, and reform, and it was a statesman's business to promote and advocate these measures. The Austrr.'iian tallow market is moderately active. The l;ne-r quality of n-.ntton fetches from oOs to 40.-,, and the : iirn-r qualities of beef command from 37s to :«s. The total number of bales withdrawn at ; the wool sales amounts to between 45,000 and 50,000. 130,809 bales have been catalogued and cleared. The opening competition is well maintained. Sypnky, December S. At the trial of the bushvan-jers Moonlight made a great speech i:i favor of postponement. He said that tiiev were tried with a halter around their necks. In three weeks the}' would be in their graves. He challenged 50 jurymen. The Crown refused to grant an adjournment. Mr. Berry is inclined to accept a compromise on the reform question.