ENGLISH AND FOREIGN CABLE.

Timaru Herald, Volume XLIII, Issue 3758, 18 October 1886, Page 2

ENGLISH AND FOREIGN CABLE.

I (PKK EIKCTRIuTbLEGRAI'II— CorYUKIUT.J (Rrutrk'.i Aobnov.) (Received 2.43 p.m., Oct. 10th.) THE TONGARIRO. Capktown, Oct. 15. The New Zealand Shipping Company's steamship Tongariro loft here this afternoon for Now Zealand. THE COPriC. Kio De Jaxkiro, Oc l . 15. The Shaw-Savill and Albion Company's 6teamship Coptic, from Lyttelton, (September 21st), left, bore yesterday morning for Plymouth. Her cargo of meat is m good conditiuu. THE RIMUTAKA. The New Zealand Shipping Company's steamship Rimutaka, which left Lyttelton on September 23rd, arrived yesterday eveuiug. Her cargo of meat is m good condition. [Received 3.43 p.m., Oct. IGth.l COMMERCIAL. London, Oct. 15. Consols remain at 100 J. New Zealand securities nre at yesterday's quotations. Colouinl Breadstuffs — Adelaide wheat, ex store, is 355, and New Zealand 2Sa to 33s ; Adelaide flour ia at 245. Tbe total quantity of wheat afloat for the United Kingdom is 1,5-iO.OOO quarters, 800,000 less than last week. Tallow — Australian value, quality Beef at 245, mutton at 26s Cd. New Zealand mutton, prime quality, remains at 4d to 4£d. AQUATICS. The Sjiortsman states that Beach has resolved to retire from aquatic contests either at home or abroad. A SPENDTHRIFT COLONY. Tbe Standard m an article referring to New Zealand, censures the Bank of England for propping up a spendthrift colony. (Received 5 p.m., Oct. lGth.l MONETARY. London, Oct. 16. New Zealand 4 per cent inscribed stock to-day is quoted at £97, a decline of £1. (Reooivod 10.30 a.m., Oct. 17th.) CIVILISATION IN MADAGASCAR. Paris. Oct. 16. News to hand from Madagascar, states that the Hovas have "asked the French resident to undertake the construction of a line of telegraph from Tamative to Antananarivo, the capital. It is also reported that tbe Hovas are sending fourteen nativeyoutbs to France to learn trades, and be instructed m arts and military drill. TROUBLES IN SPAIN. Madrid, Oct. 10. The state of siege declared here last month at the Republican outbreak, has now been raised. (Special to the Press Association.) I Received 5 p.m., Oct. lGth.l COLONIAL WOODS. LiONDON. Oct. ID. Tbe Timber Trades Journal states that from experiments made it has been shown that colonial woods will suit the English market, and are especially suitable for the manufacture of furniture. DIVIDEND. Tbe Scottish and Australian Investment Company have declared a. dividend of 12i per cent. BANK OF SOUTH AUSTRALIA. The balance-sheet of the Bank of South Australia shows the profits to be £48,500, of which £27,500 bas been applied to meet bad and doubtful debts, chiefly the latter. It is unlikely that further withdrawals from the reserve will be made. It proposed to open branches of the bank m Melbourne, Sydney and Brisbane. The report was adopted. COLONIAL TWEED. The Times, referring to the tweeds from New South Wales exhibited at the exhibition, considers that they compare with tbe best English manufactures.