ANGLO-COLONIAL NOTES. (FROM "STAR" LONDON CORRESPONDENT.)

Te Aroha News, Volume IV, Issue 181, 4 December 1886, Page 5

ANGLO-COLONIAL NOTES. (FROM "STAR" LONDON CORRESPONDENT.)

London, October 15th. The Now Zealand Loon. Tenders for the New Zealand 4 per cent, loan of £1,567,500 were opened yesterday at the Bank of England in the presence of Sir F, D, Bell and the usual crowd of Anglo-Colonial financiers and stockbrokers. The applications amounted to £2,094,000, at prices varying from £100 to £97 (the minimum). Tenders at 97 will receive about one per cent of tho amount applied for ; those above that price being allotted in full. The average price obtained for the stock ia £97 ss, It is understood that the chief syndicate tendering have obtained the mass of the isaue v> hich was not generally considered cheap.

Frozen Meat. The frozen meat market continues in a glutted condition, and the rates at which carcasea sell are extremely irregular. At the end of last week there were in store no fewer than 65,000 Now Zealand carcases, 3,500 Melbourne, and 20,000 River Plate, besides 5.0U0 Falkland, or over 90,000 in all. Added to this, the Elderslie, from New Zealand, which is juat docking, has on board 26,000 sheep. It is consequently futile to hope for any advance in rates for some time to come. The whole question of the frezen meat trade (as regards New Zealand) should be inquired into by an independent person or commission, and certain regulations framed on their advice. The present state of affairs ia the result of 3heer bad management. At the annual meeting of the River Plate Frozen Moat Company on Wednesday, a dividend > f 10 per cent was declared on the preference shares, and the Chairman pointed out that, despite the depressed state of tho market during the past year, the falling off in the rate 3 of New Zealand meat had been much greater than that in River Plate.

Miscellaneous Notes. Sir Francis Bell is bu«y preparing a treatise on Australasian railway loans since 18S2, which will be a pendant to the paper on the "Public Debt of Australasia *" he read before the Colonial Institute in ISS2. The prospectus of tho Coromandel (New Zealand) Gold Company for purchasing and working the " Union Beach," " United, ' and " Golden Pah M mine? at Coromandei appears this rrorning. Capitil. £80,000 in £1 shares. Mr W. Moleaworth St. Aubyn is chairman.

New Zealand Timber. A series of experiments into the possible uses of the various colonial timber?, if imported to the tl Old Country," took place at the Messrs Rmsomo's yards at Chelsea on Friday week, in the presence of Sir Philip Owen, Sir John Coode, Sir Frederick Bramwell, and a number of visitors. Mr Allan Ransome, reporting on the NewZealand wood? 1 submitted to inspection and trial, said the black pine, red pine, totara, and kauri could be employed for furniture, cabinet work, housebuilding, and general purposes, kauri being especially useful. Professor P. L. Shnmonds (Secretary to ''the New Zealand Commission) said that New Zealand produced a vast number of •ornamental wooda as well as many useful •ones. In the latter line, however, the New Zealand colonists would not be able to compete with other colonies in the Home market, partly because of the local demand •for their woods, and partly becauae the cost of carriage would be too great. The Emigrant's Information Bureau. The long-promised Emigration Bureau waß formally opened on Monday week at 'apacious offices in Broadway, Westminster, within a minute's walk of the several colonial agencies. I have called there twice in "the capacity of an intending New Zealand emigrant, and, I find, learnt rather less than I should have done by going direct to "the Agent-General. The information tendered is, indeed, supplied by the various Agentrf-General. The Emigration Bureau dimply stamps it correct, so to speak. Most •of the newfepapers contained explanatory articles showing the scope and reason d etre of the Bureau. The best was in the " Telegraph," and called '* Home 3 Beyond the Sea."

Beach and Hanlan. Beach sailed for Australia by the Lusi"tania yesterday, taking with him the good opinion of all with whom he has come in contact. The ycung blacksmith is indeed a model professional athlete, honest, plucky, sober, clean-living and seif-reipect-•ing. He speaks out his mind, bluntly but not rudely, and made no secret of his contempt for Hanlan, whilst he believed the American had complained of his treatment In Sydney. When, however, Hanlan denied the imputation, and complained of lie 3 being put into his mouth by the reporters, Beach came round a bit, and the pair nominally parted frieoda. It is no secret that Beach was a little *' stale " when Hanlan arrived, and that it would have been courting defeat and disaster to permit him to remain in training. No doubt the wily Hanlan knew this. There were great doings in connection with Beach's departure yesterday He drove over in a waggonette from Barnes's to Tilbury, being cheered, wherever recognised, all along the route. At Tilbury an immense crowd, composed partly of personal friends and partly of the public, greeted him, and a band (engaged for the occasion) struck up "See, the Conquering Hero Comes." The champion, Mr Deeble, and a number of personal friend 3 (amongst whom were the redoubtable Barney Thompson, Mr A. Goode, and Mr Don Barnard) then embarked on the launch Ajax, which steamed i alowly down the river to where the Lusitania was lying. A number of presents had arrived for Beach, the most remarkable being from Mr Muir, the well-known manufacturer of Scotch whisky. Thia was an immense glass bottle, the shape of a monster magnum, containing 2^ gallons of prime " mountain dew " of fabulous age, and fitted with a most ingenious tap and bung. The bottlo in question ia adorned with a suitable inscription, and a capital portrait of the champion himself. It will, doubtless, henceforward form a prominent ornament in the bar of the hotel the champion contemplates starting on the banks of tho Parramatta, Beach told a " Sporting Life " reporter he should never return to England nor row again in public save on the Parramatta, He means entirely to ignore challenges having reference to other parts of the world, as his mind is finally made up, and he has publicly stated it. Moreover, he hates "newspaper bunkum." The farewell on the Lusitania was a prolongcdand festive aiffair,and ended after darkness fell with the retreat of the Ajax burning coloured fires and sending up scores of rockets, etc Beach exhibited considerable emotion at parting with his English «• pals." Personal and General. The " Economist" notices that the rise in the market price of wool has not (curiously enough) been associated with any material improvement in the value of Australasian Bank and Loan* and Mortgage Agency chares. "It is," aaya the editor, " particularly worthy of notice that New Zealand companies have remained consistently fiat."