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ENGLISH CABLE.

(Peb EiiEotbio Teleobaph— Copyright.) (Reuter's Agency.) [Received 1 a.m., May29th.l London, May 27. Consols have advanced 1, and are now quoted at par. New Zealand securities are steady at previous quotations. The market rate has been reduced by $, and is now quoted at 1$ below the bank rate. Colonial breadstufis— Adelaide wheat, ex store, 365 ; New Zealand wheat, ex store, 303 to 363 ; Adelaide flour, ex store, 17a. Tallow, Australian fair average quality — Beef, 30s ; mutton, 32a. Leather and hides are unaltered. May 28. It is announced that the Admiralty have definitely adopted tho Brennan torpedo, which is the invention of au Australian Engineer. An important conference was held at the Admiralty yesterday between the colonial Agents-General and Admiral Sir Cooper Key, Senior Naval Lord, on the subject of colonial defences.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/THD18850529.2.16

Bibliographic details

Timaru Herald, Volume XLI, Issue 3329, 29 May 1885, Page 3

Word Count
133

ENGLISH CABLE. Timaru Herald, Volume XLI, Issue 3329, 29 May 1885, Page 3

ENGLISH CABLE. Timaru Herald, Volume XLI, Issue 3329, 29 May 1885, Page 3