THE LATEST.

Timaru Herald, Volume XLIII, Issue 3746, 4 October 1886, Page 2

THE LATEST.

(Per Electric Telegraph —Copyright.) (Reuter's Agenoy.) (Roceived 1.45 a.m., Oct. 4th.) COLONIAL TIMBER. London, Oct. 2. An exhibition has been arranged to be held at Messrs Ransome and Company's works, Chelsea, for the purpose of testing the qualities of colonial timber, and the uses to which it might be applied. A large number of engineers and timber merchants ara expected tb attend. SHIPPING. The s.a. lonio, from Wellington (left August 22nd), arrived at Plymouth this morning.. Her frozen mutton is m good oondition,

Madeira, Oct. 1. The s.s. Aorangi arrived this morning, her frozen meat being excellent. Capetown, Oct. 2. The e.s. Doric departs thia afternoon for New Zealand. (Sfrcial to the Press Association.) (Roooived 6.30 p.m., Oct. 3rd.) WOOL SALES. London, Oct. 2. The wool sales have closed and quotations are easier on all merinos, except on superior combing which ls a penny lower, but equal to last closing rates, Crossbreds are firmer and show an advance of a penny on closing rates. The number of bales catalogued was 270,000, of which 5000 were withdrawn. HARVEST. Tbe Engliah harvest is almost completed. WHEAT. The wheat market is weak, and common sorts are Gd. cheaper. Australian and New Zealand shipments are depressed. COMPANIES. It is reported that a company to purchase the Cumberland mine on the Ethendage goldfield, Queensland, will bo floated shortly with a capital of Ll 80,000. A company to purchase the Livingstone mine at Charters Towers is ia the market for L 75.000. The Canadian mine m the same district is offered for L 70.006. DJD NOT PAY. The trip of the Australian cricketers has not been a financial success. BEACH AND HANLAN. Beach and Hanlan are reconciled. PAYING WELL. The Bank of South Australia has declared a dividend of 6 per cent, and a considerable amount has been carried forward to provide for doubtful debts. IMPERIAL INSTITUTE. Sir P. Cunliffe Owen states that the annual payments of tbe colonies towards tbe Imperial Institute will depend upon the number of members who contribute. BISHOP OF MELBOURNE. The rev. gentleman who has accepted the Bishopric of Melbourne is possessed of large private means and is a very eloquent preacher. He is a very generous man, aud has expended among the poor of his congregation the whole of his stipend. The curates of the diocese of St. George's Chnrch, to which the new Bishop was rector, are of opinion that he is highly pleased with the appointment. WOOD TESTING. A series of meetings of experts is being arranged tc practically te3t the quality of the various wood exhibits at the Indian and Colonial Exhibition, and the first trial will be made at the works of Messrs Ransome, Sims and Co., Chelsea. CONFERENCE. Mr J. Norton, delegate of the Sydney Trade and Labour Council, is organising a conference on the subject of State aided emigration, and bas invited delegates from all the avtizans' societies to be present. COSTLY GIFT. The Due d'Aumale haß bequeathed his palace and grounds at Chantilly to the French Institute. (Reoeived 1.45 a.m., Oot. 4th.) LORD BANDOLPH CHURCHILL'S PROGRAMME. Oct. 3. Lord Churchill bas promised to legislate m the direction of allotments on tithes aud glebes, a railways rate, cheap land transfer, popular local government m tbe United Kingdom, licensing reform, amending . the land laws of Ireland, elementary education, and public economy. He favours the cloture proposals, and does not believe m wholesale evictions. PENALTY OF DEATH. Fourteen rebels m Madrid have been sentenced to. death. PEDESTRIANISM. In the ten mile pedestrian match Qeorge has beaten Cnmming. JUBILEE EXHIBITION. Mr Handford has been appointed secretary to the British Commission of the Jubilee Exhibition. REDUCING THE NATIVE POPULATION. In a native quarrel m the Godavery district, m Hindostan, a hundred natives were killed.