HOME AND FOREIGN.

Oamaru Mail, Volume IX, Issue 2863, 28 March 1885, Page 2

HOME AND FOREIGN.

(beuter's telegrams.) Received March 27, at 10.15 p.m. London, March 25. , Oonsols remain at 98$. ] The market rate of discount remains at J 2f per cent., and is now f below the bank ] -rate. , New Zealand securities—s per cent. , 10-40 loan has declined 53 to 101J j 4£ \ percent. 1879-1904 loan has fallen £ to f par; 4£ per cent, inscribed stock, f higher, 98£. Adelaide wheat, 4661b5, ex store, 36s ; , New Zealand do, 28s to 345; Adelaide flour, 2801bs, ex store, 25s 6d. Wool is ateady without active demand. To-day's catalogue comprised 11,300 bales. Received March 28, at 1,10 a.m. London, March 26. The weekly returns of the Bank of England shows the total reserve of notes and bullion L 17,900,000, a decline of L 40,000 during the week. The proportion of reserve to liabilities has fallen to 48 per cent. The market rate of discount has increased 3 per cent., and is now £ below the bank rate. Consols, 975. New Zealand securities, colonial breadstuffs, and tallow are without quotable change. The wool market is firm. To-day's catalogue comprised 9000 bales. Received March 28, at 1.15 p.m. London, March 27. The proceedings which were recently instituted by the Earl of Durham, for a divorce from his wife on 'the grounds of her insanity, have been brought to a close, with the result that Lord Durham has been non-suited. 1 (special to press association.) i Received March 27', at IOAOp.m. London, March 27. The Admiralty desire to retain the ser- ; vices of Captain Rhodes, Submarine ! Mining Engineer, who recently accepted L a military appointment in Victoria, and • in his stead are offering half-pay officers. ' Mr Murray Smith, Agent-General for 1 Victoria, is protesting against the request i being acceded to. The dividend in the old Oriental Bank : estate will be paid on April Bth. The necessity fpr increasing the strength ; of the Australian squadron is'being discussed by the Home authorities, i The beef ex steamer Cuzco is realising ! 4d per lb. March 27. [ It is reported that the Bank of South ' Australia will re-join the Associated ' Banks. [ Received March 2S, at 10.45 a.m.. i London, March 27. ' The London and Westminster Bank [ will transact the New South Wales bank- ' ing business, joining with the Associated 1 Banks in raising future loans for that , colony.