ARGUS CALOGRAMS.

Southland Times, Issue 3418, 4 June 1879, Page 3

ARGUS CALOGRAMS.

♦ . — : — The following calograpbic items extracted from the Melbourne' Argus are much fuller and more e„plifcit than those sent to us on the same subjects: — LONDON, May 22. In the House, of Commons to-night, the Hon.- E. Stanhope, Under Secretary of State for- India, submitted the Indian budget for tbe current year. In doing so he announced that a considerable saving of expenditure /was ,tq be effected, and further, that it was the intention of the Indian Government to issue at an early date a loan in England which would not exceed £5,000,000 sterling. , The proportion of reserve to Labilities amounts to 51 per cent. The? total reserve in notes and bullion is £19,125,000. At-tlie woo! "sales to-day 8900 bales were catalogued. Prices are firmly maintained, and there is an advance of £d. to Id. per lb., chiefly in greasy qualities. 1 . * . May 23. Afc the wool sales to-day 5800 bales were catalogued. The market is firm, with an active demand. Three p_r cent. Consols have advanced £. and are now quoted '9B^. The market rate of discount remains at | below Bank rate., . Colonial Government securities are unchanged. * ' • ' > : ■ May 23. Colonial' Government securities.—^Five per cent. New South "Wales loan, 1888 to 1903,; Lilo9 ; five per cent. New South "Wales loan, with two per cent^ -annual drawings;- from 1871 to 1898/ LIG6 : ; four percent; New '.Spit- Wales loan, 1903 to ,190,5/ li'lpi'-; five 1 per : 'cent. -Jew, Zealand 10^40 loani -*iQ3 ; four per cent. Victorian loan^L97 lOs-f five -per cent/ Victorian loany'lß94',' LlO9 ; six per cent. Tasmanian loan, 189B:to 1901, -L 11 5; four per' cent' Queensland loan, 1913 to 1915, hU 10s; ; four/per- cent. South Australian loan, 1894 to 1916, : L97. -..- .-' • ' ; '■-■- .■■■ xy- ■'''"■ — ....•'••' ••• May 24". "'• Further -advices have been received today from\ the, seat of war in South; Africadated CapeiTown, the .Bth inst , announcing, that the British advance i into Zulu-land would commence in a' few days. Colonel Evelyn Wood, whose cpltrmn was? 'still st-tiorted at Kambrila", was tp commence offensive^ \ operations against, the Zulus immediately after being, joined; by Lord Chelmsford and his staff at that place: yy ';'"'•' ' "" . ■ '''^yy'XX "." It is fpiHther' announced frtim the Cape that" imuch; sickness 'prevails" arripng ;. the. British troops -tationed at Inyazane, between the Tugela River and Port Durnf ord, on the - : Zulu coast, • at which • place an^ entrenched camp was recently formed, after \ihe\ relief , of Colonel Pearson at E_owe.-r>: ■■<••..!■ ... ;.-■,;* •...'=■ ■;■: At the wool sales to-day 10,000 bales were ofEered. ■• The tone of - the . malket conti— — esr_nn.- -'-". '" i' T~