THE LATEST.

Timaru Herald, Volume XLIII, Issue 3533, 25 January 1886, Page 2

THE LATEST.

(Rkutbr's Agency.) [Reoeived 1.40 a.m., Jan. 25th."| London, Jan. 23. The total quantity of wheat afloat for the United Kingdom -is 1,6G0,00u quarters, or 50,000 quarters more than last week. New Zealand frozen mutton is selling at from 5d to s]<l. Consols remain at 90 J. 4V per cent New Zealand loan is £1 15s lower, and is now quoted at £103 15s ; 4 per cent inscribed stock has also fallen £1, and is quoted at £101. Best Sydney sun dried copra is £1 lower, and is at £14 ss. Lsather — Best Australian sides remains at ll|il. At today's wool sales 6500 bales were submitted. The auction market remains weak. The Directors of the English, Scottish and Australian Bank have declared dividends for tho half year at the rate of 10 per cent per annum, and carry forward and place to the reserve fund £20,000. London, Jan. 24. Viscount Cranbrook has been appointed Secretary of State for War, m the place of Mr W. H. Smith, who has accepted the position of Chief Secretary for Ireland. The chief points m the new rules of Parliamentary procedure, which are about to bo introduced by Sir Michael Hicks-Beach are as follows :—Parliament tvill be adjourned from July to October iti each year. ; the sitting will bo commenced at 2 o'clock m the afternoon instead of 4as at present, and will close at midnight ; Bills, except those dealing with finance, are to be referred to special committees ; no questions are to be allowed unless previous uotice has been "iven, and tho practice of counting out Houses is placed under certain restrictions. Owing to rumors of an alarming nature having reached tho police authorities, exceptional precautions were taken on the occasion of the recent visit of the Priuce of Wales to the Duke of Weatmiuster at Eton Hall. The London and Northwestern line, over which His Highness travelled, was specially patrolled, and the Royal party did not proceed to Chester as announced, but alighted at tha previous station and drove to Eton. Teneriffb, Jan. 22. The N.Z. Shipping Company's R.M.S. Aorangi left yesterday morning for New Zealand. Capetown, Jan. 23. The Shaw-Savilland Albion Company's 8.8. Avawa took her departure yesterday morning for New Zealand ports. (Special to the Press Association.) (Reoeivoa C.30 p.m., Jon. 24th.) London, Jan. 23. The wheat market is unchanged. The wool market is flat, except crossbreds, good merinos, and sorts suitable for transhipment to America, which aro firm. At the sales, 40,000 bales were catalogued, of which number 3500 were withdrawn. H.M.S. Emerald has been ordered to proceed to America. The Queensland Quicksilver Estate Company has been registered with a capital of £400,000. A Victorian loan of one million and a half will be placed on the market at an early date. Mr Murray Smith, Agent-General for Victoria, has suggested a scheme relative to New Guinea. The various AgentsGeneral and the Colonial Office are favorable to the scheme, and they are now awaiting the decision of the Colonial (Jo- | veruments before making public the. details m connection with it, _