TELEGRAPHIC.
BRITISH AND FOREIGN.
By Electric Telegraph—Copyright, [Eeuteb’s Agency.] [Received May 29, 1885, 1 a.m.] Commercial London, May 27. Consols have advanced by 1, and are now at par. New Zealand securities remain at last quotations. The market rate of discount has fallen by f, and is now at If per cent below the Bank rate, Adelaide wheat, ex store," is quoted at 365, and New Zealand do, at 30s to 365. Adelaide flour, ex store is worth 27a. Tallow—Australian average quality beef, 30a ; do mutton, 32a. Leather and hides are unaltered. The Brennan Torpedo. May 28. It is announced that the Admiralty have definitely adopted the Brennan torpedo, which is the invention of an Australian Engineer. Conference*
An important conference was held at the Admiralty yesterday between the colonial Agents-General and Admiral Sir Cooper Key, Senior Naval Lord, on the subject of colonial defences.
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Bibliographic details
South Canterbury Times, Issue 3789, 29 May 1885, Page 2
Word Count
145TELEGRAPHIC. South Canterbury Times, Issue 3789, 29 May 1885, Page 2
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