RISE IN WHEAT.

Taranaki Herald, Volume XLIV, Issue 10319, 29 May 1895, Page 2

RISE IN WHEAT.

London, May 28. Wheat is 6d dearer. Fourteen thousand quarters of Victorian wheat, new crop for May shipment, have been •old at 25s 9d. , NEW ZEALAND TIMBER. Mr Freyberg, the New Zealand timber export, reports that the inequality in size of the colonial timber blocks is due to the loose methods in stowing, and points out that this defect is damaging tho prospects of the trade here. COLONIAL JUDGES BILL. In the House of Lords, Lord Rosebery introduced the Colonial Judges Pi ivy Council Bill. He explained that the measure specially referred te Australasia, and expressed a hope that it would form a valuable link in the Empire. Lords Knutsford, Halsbury, and Hor3cbell supported the Bill, wluck was read a first time. COLLISION IN THE CHANNEL. The steamer Khio collided in the Channel with the steamer Duke of Buckingham, from Queensland to London. The latter vessel received damage 10 the insulating chamber, but the capj tain does not think her meat cargo lias | been injured. COLONIAL JUDGES BILL. Though no provision for salaries is made in Lord Rosobcy's Colonial Judges (Privy Council) Bill, it is understood the Imperial Government will pay colonial judges appointed to the Council unless tho House of Commons refuses to agree to the payment. If the services of the acting-coloniul judges are not available ex-colonial judges resident in England will be allowed to sit. The limes, in discussing tho Bill, complains that it is microscopic and tentative. WHEAT MARKET. For new Adelaide wheat 27a 8d was offered, and for new Victorian early May shipment 25s 9d. { LIVE SHEEP TRADE. Fifty-nine sheep arrived by th« Morayshire in good condition, each haying improved about ten pounds in weight. LONDON BANK OF AUSTRALIA. At a meeting of the London Bank of Australia the Chairman said tho liquid resources amounted to one million and a half. The rate of interest obtainable in Australia had materially declined since the reconstruction of the banks. This had affected the earning powers, but they had still been able to pay a fixed rato on extended deposits in advance. EXPLOSION ON BOARD TOBPEDO BOAT. Berlin, Maj 28. A boiler exploded on board tbe now Turkish torpedo boat in Eccernforde Bay, on the Baltic ; six of the crew being killed, and twelve injured. ITALIAN ELECTION. Rome, May 28. Crispi'B party secured 326 seats, und tho Opposition 147. Becond.ballots are rendered necessary in S5 constituencies. RECENT RAILWAY STRIKE. New York, May 28, The Supreme Court dismissed the appeal for the release of Debs and others, who are serving terms of imprisonment for breaches of the law in connection with the recent railway strike in Illinois. DEATH OF SECRETARY OF STATE. Washington, May 28. Obituary : Q. iS. Grcsham, Secretary of State. JAPS FIGHT WITH FORMOSA. Shanghai, May 28. Tho Japanese fleet is mobilising off Tansni, tho treaty port on the northwest coast of Formosa, and fighting is expected shortly. FORMOSA DECLARES FOR A REPUBLIC. A Republic of Formosa has been proclaimed by tho inhabitants, who are hostile to Japanese annexation. They have askod for protection from Spain.