LATE TELEGRAMS.

Otago Witness, Issue 1952, 18 April 1889, Page 22

LATE TELEGRAMS.

BRITISH AJVD FOREIGN. (Peb Peess Association.) . n London, April 16. Tenders for the Tasmanian loan of £1,000,000 inscribed at 3£ per cent, were opened to-day. The total aniount tendered for was £2,190,000. There v/ere 160 tenderers. Tenderers above £97 18s 6d receive 25 per cent. ' ' A syndicate tendered for £850,000 at l'Bs 6d. The average price realised by the Tasmanian loan was £98 5s Bd.' It is now quoted at 1^ per cent, premium. The election for the Birmingham Central seat,' yaqant by the death of the Eight Hon. John Bright, took place to-day, when Albert; Bright, son of, the deceased statesman, who stood in the Unionists' interests, was returned by a majority f of 3060, having polled 5621, whilst his opponent, Mr Philson Beale, wlio stood in the Home Rule interest, only succeeded in polling 2561. The election was -orderly' arid quiet. ; It is reported that the Marquis of Salisbury will visit Prince Bismarck at Easter. Mr Knatchbull Hugessen, a Home Ruler, has been elected for Rochester in place of Colonel Hughes-Hallett, resigned. He beat his opponent, Alderman Davies, a Tory, by a 1 majority of 75. The Dublin Freeman's Journal publishes a statement to the effect that the Government intends shortly to introduce a revolutionary Land Bill. ■ The biddings 'at the wool sales continue brisk, and prices remain firm, The quantity of 'wheat and flour afloat for the United Kingdom, is 1,944,000 quarters, and for the Continent 360,000. The American visible supply is 27,750,000 bushels. The English wheat market has undergone a general decline of 6d. ' The 'Continental market is dull, and the American unchanged; Shares in the Otago and' Southland In- t .vestment Company are quoted, at 30s, and 'DaJgety and Co. £7 10s. < (r '' /' ' • Mr Painell has commenced an action in England against The' Times for libel, damages being laid at £100,000. \The Dublin action has been postponed.' '' . ' Mr William O'Brien,' M.P., has commenced proceedings against the Marquis of Salisbury for libel. The alleged libellous statement was contained in a lecent speech made by the Premier, in the course of which he accused Mr O'Brien of advocating murder and pillage inlreland. Messrs E. W. Burston and H. E. Stokes, the Melbourne cyclists who 1 are making a tour of the world, have reached Stamboul. Up to the present they have travelled 4000 miles on their bicycles.' From here they proceed through Italy and France. Tn the course of his Budget sneech, , Mr. Goschen questioned whether paper, money' could be considered side' by side with gold coinage, and said that' 'pruderies forbade

making an^/l^rg6 ( Economy by .. the issue 1 o: paper money which was ;nbt r" epresenteef b] gold. The Chancellor declared niaintentioi of clinging to the postal surplus, not ins miserly way, but with tenacity. He referrec shortly to the expanding prosperity of th< country,- and to the really grave condition o: European politics. In the cpdrse,,of his Budget speech M: Goschen remarked that statistics showed the drinking customs of the people of Englanc bad not increased in proportion to the in. crease of the population, and that there had been a notable decline in the icpnsumptior of spirits and heavy 1 wines. ' ' ', Pabis, April 17. ; It is asserted in, this city that France will 3ommence ,a, war against the tariffs if th« Sugar Bounties Convention is enforced* " ' It is reported that the Czar will visit the jxhibition. „ The committee of the Senate, appointed tc Squire into the grounds for , prosecuting Bpulanger, are conducting their proceedings in private. ' . , The Government have decided to prosejute M.M. Lavoisiere, chairman, and Secretap, the manager of the Societe dcs ifetaux, for unlawfully raising the price oi )opper. I , • „., BUCHABEST, April 16. A Kussoptiile journal published in Eioumania, asserts that . war has been de« ;lared against King Charles.