LATEST CABLE NEWS.
[from our own correspondent.]
LONDON. February 21. The Victorian Embassy have arrived home, all well. Bank of England minimum is unchanged. Money is becoming scarce in the open market. The accumulation of gold in Bank of England continues. Reserves fifteen and a half millions. The stock markets are unsettled. Can sols have been affected by the African disaster. The market for Australian securities has suffered somewhat in sympathy with other descriptions of stock. The New Zealand Agricultural Company, promoted by Vogel and Larnach, has been floated without difficulty in despite of the opposition of the Times. For the first issue of half a million. £300,000 was immediately subscribed. Corn inactive. Recent shipments from New Zealand being inferior in quality. News from the Cape reports an engagement between English and Zulus in which the latter were defeated. Natal is quite secure.
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Bibliographic details
Poverty Bay Herald, Volume VI, Issue 633, 22 February 1879, Page 2
Word Count
143LATEST CABLE NEWS. Poverty Bay Herald, Volume VI, Issue 633, 22 February 1879, Page 2
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