Very Latest

South Canterbury Times, Issue 4986, 20 April 1889, Page 3

Very Latest

TOWN EDITION.

THIS PAY. 1 (Per Electric Telegraph—Copyright.) (Per Press association.) (Received 12.15 p.m., April 20th.) HOME RULE. London, April 19. Replying to a correspondent, Mr Gladstone said ; I must decline to bind myself as to the number, aud even to the matter of retention, of Irish members in the House of Commons if Home Rule for Ireland is realised. NEW ZEALAND BUTTER. Professor Long considers that New Zealand must become a formidable antagonist to France and Denmark in the production of butter suitable for the English market. He doubts if a higher class can be made in New Zealand, The professor recommends the opening of shops throughuot Great Britain for the sale of New Zealand produce. ACTION WITHDRAWN. Mr Parnell has withdrawn the action for libel against the Times which he commenced in the Dublin Court, MONETARY AND COMMERCIAL. The weekly [returns of the Bank of England show the total reserves in notes and bullion to be £13,950,000 being a decrease of £470,000 on last week. The proportion of reserve to liabilities is 40| per cent. Consols 98|, ex dividend ; weak. New Zealand four per cent inscribed stock, 103| ex dividend ; market active. Australian wheat is quoted at 395. 9d. ; the market is weaker. New .Zealand is quoted at 395, and the market is quiet. The market for woolled sheepskins shows a alight rise as both Home and Foreign buyers are eager to purchase. For Australian wheat, new crop on passage, buyers offer 3Gs GI, and for New Zealand cargoes on passage, 34s 9d. The quotations for butter ex Kaikoura should have been GOs to 90s, not GOs to 695. (Received 2 p.m, April 20th.) HONORING COLONIALS. St Andrew’s University has conferred the honorary degree of Doctor of Divinity on the Rev, Wyatt Gill of New Zealand. St. Petersburg, April 19. Miss Florence Menkenner, a native of Melbourne whose abilities as a pianiste and composer have elicited great admiraon the continent, has been playing before theJCzar'at Gatschina. RUSSIAN NAVY. St. Petersburg,' April 19. The Russian Minister of Marine recommends the building of a large number of cruisers, but opposes any increase in the Black Sea fleet.

VIGOROUS LAND SETTLEMENT. New Yoke, April 19.

Ten thousand Americana are flocking to the Okluhomo reserve, which is to be opened for settlement on Monday nextIn the rush for laud it is feared there may be a disturbance, and a force of 2000 soldiers has been ordered to the district.