LATEST HOME AND FOREIGN NEWS.
(reuter : s teleoram. per press association ) London, December 10. TKe Bank rate of discount has been raised to 3 per cent. The market rate remains at 2 per cent.. A terrible colliery explosion occurred to-day at Prygraig (sic), -which has resulted in the death of pver ninety miners, who were in the pit at the time of the explosion. News is to hand from South America that the Chilians in large force have landed at Pisca, on the Peruvian Coast, and are rapidly advancing on Lima (the capital)'. The total quantity of wheat afloat for the United Kingdom is 235,000 quarters. At the wool sales to-day, 5600 balea were offered, making a total of 102,200 bales catalogued since the opening. The tone of the sale was firm. December 11. Kauri gum, 8s 2d. The wool auction closed torday, 1100 bales being offered, making a total of 114,100 catalogued since the opening. The tone of the sale showed a demand for most descriptions. There was a good attendance of Home buvers, but the number of foreign buyers "was small. There was fair competition for inferior to common qualities. Cross-breds, Id to 2d lower than last sales. The Geographical Society are proposing a scheme for another Arctic expedition. The Plight Hon. G-. H. Goschen, Ambassador Extraordinary to the Poi-te, has left Constantinople, and has arrived at Brindisi, en route for London. It has been announced to-day that the necessary capital for carrying out the Isthmus of Panama Canal scheme has now been fully subscribed. Athens, December 11. The Greek Government has voted a new loan for war purposes. Paris, December 11. M.M. De Loutane and Dasson, members of Chamber of Deputies, have commenced a lawsuit against M. Gambetta, President of the Chamber, for haying ordered their arrest for disorder. They allege that such an arrest was illegal. Teheran, December 10. The Kurdish tribes 'which parried on their depredations for some time in the western provinces of Persia, and were afterwards attacked and severely punished by the Persian troops, have now retired into their mountain fastnesses.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 1319, 13 December 1880, Page 2
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348LATEST HOME AND FOREIGN NEWS. Oamaru Mail, Volume IV, Issue 1319, 13 December 1880, Page 2
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