MONEY MARKET EASIER.

Taranaki Herald, Volume XL, Issue 9089, 22 May 1891, Page 2

MONEY MARKET EASIER.

. . y . London, May 21. The large influx of gold has had the effect of easing the money market. QUEENSLAND LOAN. The terms of the Queensland loin are favorably regarded, though the amount . is considered excessive. . The city experts predict that the amount applied for by the public will . be under a million sterling,; asd it is believed that the Queensland National Bank wiU sub scribe the balance: PROSPERITY IN EGYPT. .. The Marquis of Salisbury has been ; presented with the Freedom of the City ■ of Glasgow. Speaking at the ceremony j the ' Premier said 1 the revival of prosperity in ' Egypt was one of the most wonderful events' in' this generation. BRITISH POSSESSIONS IN AFRICA. The Premier, in referring to the *&nglo-Portuguese Convention regarding South African territory, contended that Portugal had only been awarded the lowlands, which were suitable to natives, while England secured the highlands, . which were more desirable for European occupation. AUSTRALIAN CRUISERS SAILED. . The cruiser Katoomba and the torpedo gunboat Boomerang have sailed for the Australian station. DEATHS FROM INFLUENZA; During last week 266 deaths from influenza were reported in London.' , . . QUEENSLAND LOAN. The prospects of the Queensland loan being successfully floated are doubtful. The 'Standard says that as . the loan follows so . closely on the last * Victorian loan, which was a, failure, it has its doubts whether the public will take up all the. amount even at the minimum, since the syndicate system ha 3 collapsed. GOLD FOR RUSSIA. - .. , ■ . Paris, May 21. The Rothschilds send a million of gold to Russia on Friday next, and another million in a few days: : POSTAL CONVENTION. '\ "?;;.:'. \ s - . Vienka, May 21. , The Postal Convention was opened to-day by the Minister' of Commerce; In his address the hope was expressed that all the civilised nations would join together in establishing a single postal confederation. STRIKE IN BELGIUM OVER. Bbussell, May 21. All the Belgian miners who were on strike, demanding the adoption ■ of the eight hours system, have renmed work.