BRITISH AND FOREIGN.
[By Electric Telegraph — Copyright. J
(REUTER'S TLEEGSAMS)
LONDON, July 13. Three per cent, consols are f higher, at 98£.
la the House of Commons to night, during the discussion on the vote of credit, Mr W. H. Smith, Secretary for War, stated that rhe credit was for the purpose of despatching 5000 additional troops to India, if required.
Tenders for the loan of L 300.000 at 5 per cent., for the Napier Harbour Board, the minimum of which hid beea fixed at par, were opened to-day, when the total amount of the tenders was found to be L 1,300,000. Tenderers at LlO4 la 3d will receive 30 per cent, of their applications, above that in full.
July 14.
The Hon. F. Stanley, Secretary of State for the Colonies, in an interview to-day with tho Oolonial Agents-General, "promised to ask Lord Lyons, British Ambassador at Paris, to continue his efforts for the protection of Australian interests with regard to the Becidiviete question.
July 15.
It is currently stated that the Pacific Mail Company's service between Sydney, Auckland, and San Francisco will be withdrawn in November next, when the present agreement expires ; the reason being that the colonies of New South Wales and New Zealand are unwilling to contribute a Bubeidy. It is announced that Col. Sir B. J. LloydLindsay, M.P. for Berkshire, has been elevated to the peerage. The Munstor Bank (Limited), which has branches in the principal towns in the South of Ireland, has suspended payment."
(SPECIAL TO THE PRESS ASSOCIATION.)
LONDON, July 14.
The placing on the market of the New South Wales loan has been delayed pending the fixiog of the minimum. July 15.
In his despatches, General Komaroff has accusad the Afghans of still advancing, but he has received orders from his Government to act strictly on the defensive. Colonel Ridgeway, the English Afghan frontier Commissioner, is proceeding to Herat,
The Timeß states that New South Wales will have little difficulty in obtaining the new loan, despite the protest of the oity brokers,
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Bibliographic details
Southland Times, Issue 8061, 16 July 1885, Page 2
Word Count
339BRITISH AND FOREIGN. Southland Times, Issue 8061, 16 July 1885, Page 2
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