ENGLISH AND FOREIGN CABLE.

Timaru Herald, Volume XLII, Issue 3455, 24 October 1885, Page 2

ENGLISH AND FOREIGN CABLE.

\ ( I' kr Elkctrio Telegraph— Copyriobt. ) [Reutbr's Agency.] (Received noon, Oot. 23rd.) Madrid, Oct. 22. The reply of the German Government to the representations of Spain on tho subject of the occupntion of the Caroline Islands has been officially published. The reply does not discuss the previous claims of Spain, but narrows the affair down to the question of priority of possession dating from last August. (.Reooived 1.15 p.m., Oot. 23rd. I London, Oot. 22. The Privy Council have rejected the appeal of Louis Riel, the Cnnac'ian inuirgent against the capital sentence pronouuced upon him. The death is announced, at tho age of 67, of the Right Rev. James Frascr, Bishop of Manchester. I Reooived 9 p.m., Oct. 23rd. J Three per cent consols have advanced by one-oi»hth to 100 three-ninths. New Zealand securities remain aa previously quoted. The market rate of discount is lj per cent, or f per cent below the Bank rate. For Adelaide wheat, ez store, 37s is quoted, and for off coast cargoes 35s 9d. Adelaide flour, ex store, 25s 6d ; New Zealand wheat, ex store, 29s to 345. Tallow is unaltered. Pig iron, f.o.b. m Clyde, is 445 ; galvanised iron, packed, f.o.b. London, £10 103 per ton. Best Sydney Bun-dried copra, £15 per ton ; knuri gum, bost selected, £10 10a per cwt. Tho weekly returns of the Bank of England, published to-dny, show the total resiTvo m notes and bullion to ba £11,700,900, a reduction of £500,000 during tho weok. The proportion of I resorve to liabilities has advanced to oo per cent.

■ : Oct. 23. The Australian mails per Meseagoriea Maritimes b.B. Sydney, which left Melbourne on Sept. 12th, were delivered here yesterday, via Marseilles. (Special to the Press Association.) [Received 1.30 p.m., Oct. 23rd.] London, Oct. 22. The frozen meat by tho Orient Company's steamer Orient, is selling at 4d per lb. It has been decided that the . space which was reserved for Tasmania at the Colonial Exhibition, shall be utilised as a colonial luncheon room, and any remaining space will probably be allotted to the Victorian Court. Colonel Stanley, Secretary for the Colonies, has expressed a guarded approval of ultimate Imperial federation. (Reoeivod 10.10 p.m., Oot. 23rd.) Oct. 23. Lord Rosebery advocates the adoption into England of the Torrens Act for facilitating the transfer of property. The name of the Earl of Donoughmore is again mentioned as a probable buccessor to Sir 6. Strahan as Governor of Tasmania.