TELEGRAPHIC NEWS.

Pelorus Guardian and Miners' Advocate., Volume 7, Issue 7, 4 February 1896, Page 2

TELEGRAPHIC NEWS.

ENGLISH and FOREIGN. —*— WOOL MARKET. London, January 31. Merinos are bringing a penny above the opening rates, Scoured merinos are the firmest. February r. At the Bradford sales business was restricted. Crosbreds were below London rates, In merinos there were a few transactions at -/o$ to -/i higher. STEAMER WRECKED. New York, January 31. An American steamer, which was bound on a filibustering expedition to Cuba, was pursued by United States cruisers, and in an attempt to eseape was wrecked on Long Island. Ten of those on board were drowned, and large quantities of munitions of war and a number of guns were J;jst. MOSCOW CORONATION. Paris, January 31, The Government has decided to expend one million francs in the representation of France at the Moscow coronation. PRINCE AND POPE. Rome, January 31. Prince Ferdinand of Bulgaria is on a visit to Rome. The Pops refused ths request of ths Prince to sanction the baptism of his infant son, Boris, in the orthodox Greek faith. U.S.A. CURRENCY. Washington, January 31. In the Senate, Senator Lillman delivered a speech, in which he furiously attacked President Cleveland's currency scheme. lie called the President a traitor and a charlatan, and accused him of using his office for private gains. The speech caused a great sensation. THE MAHDI. London, January 31. The Pall Mall, Guzr/le states that "dissension among his followers, and the serious revolt of interior tribes, have virtually caused the overthrow of the Mahdi. MONSON ACQUITTED. London, January 31. Monson was acquitted on the [charge of perjury.

MORE REVENUE. Paris, February 1. The Premier has announced the introduction of a graduated Income Tax. Above fifty thousand francs (£200) the rate will be five per cent. The new impost is expected yield six million sterling.