ENGLISH CABLE.
(Per Electric Tklkoraph—Copyright). (Rectbr's Agency.) [Received 1.5 a.m.,D00. 24th.] London, Dec. 22. Consols have falien J, and are now quoted at 07f. New Zealand securities are unchanged. The market rate of discount has declined to 4 per cent, and is 1 per cent below the Bank rate. The markets for colonial produce aro unchanged. (Special io tub Pkess Association.) (Resolved 1 a.m., Deo. 24th.) London, Dec. 23. It is understood that parleying will be initiated with England with a view to the cession of the new Hebrides to France. The _ frozen me»t ex the steamer Elderslie is m oxoellent condition. The Gorman Government gar© Lord
Derby a pledge that they would not annea the northern portion of New Guinea. Mr Murray-Smith, Agent-General foi Victoria, is enquiring whether the English Government intend to recognise such annexation. The English Government have not annexed the De Entrecasteaux Islands. The Trust and Agency Co. of Australia has authorised the issue of 25,000 additional shares. Mr Michael Davitt ha» started on a visit to Australia. The Timts states the hesitation shown by Lord Derby m dealing with questions relating to the Pacific deserves the severest censure.
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Bibliographic details
Timaru Herald, Volume XL, Issue 3197, 24 December 1884, Page 2
Word Count
193ENGLISH CABLE. Timaru Herald, Volume XL, Issue 3197, 24 December 1884, Page 2
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