THE LATEST.

Timaru Herald, Volume XLVII, Issue 4426, 31 December 1888, Page 3

THE LATEST.

♦ (e«RjKI.ECIiaoTBLEaKAPH— UOPTEI3HT.) (Pbb Press Association.) (Eeceired. 1.10. p.m., JDec 31at> AH AMALGAMATION; LoitdoNj Deo. 29. In order to celobrate the coming-of-age of the Royal Colonial Institute, which was founded in 1803, the Prince of Wales, who is President of the Inatitute, will dine with the Fellows on January 13tb. It is believed that the object of the celebration is to secure its embodiment with tho Imperial Institute. A PUFF FOR AUSTRALIAN STABLES. Lord William Br"esford> the wellknown sporting gentleman, has laid the Duke of Portland, the owner of some of aome of the best horses on the English turf, a wager of JESOO that he will prodace a two-year-old from Australia to run «ny two-year-oid that the latter has in Kia Stable, the race to take place next year. , . .„, -WHAT FOR?. J, 16 is understood thatH.M.S.a Swiftaure and" Caroline have received orders to proceed to Panama. . i OBITUARY. : Lord Eversiey. > i THE MAORIS BEATEN. ■- ■ "■"■ ' ' '"'Deb. 30. ', The New Zealand footballers met a team at Cardiff to-day, and were defeated by a gaol and a try to a try. THE HEALTH OF MR BRIGHT. The latest bulletins issued respecting the health of Mr John Bright state that he has so far recovered that he can now leave his bed, and there ia every hope of his ultimate recovery, OPERATIONS AT SUAKIM. ■ ' ' Suakim, Dec. 29. Thetroopsundet l the command of Sir W. F. Grenfell made a reconnaissance of the enemy's position to-day, and got within two miles of Haaheen. Two of the wells of tho rebels were demolished. A " NATIONAL INSULT." .... . ' Lowpow, Dec. 29. , Itis«portfld that the Mipiater of:'tlre Interior of the Hwttik*rUfyio^j)M aoted in an insulting manner !'f<» : 'ina representative of Great Britain, and thafthe dispute has been referred to the Imperial Government. COMMERCIAL. New.cons6ls 97|. Ne*w Zealand 4 per cent inscribed stock 00^. -■■'■ BußiDoaa is active. . Australian- wheat, ex store, is quo tod at 42s (Jd, with market weaker'.' ' New Zoaiandlong berried, 4.4$ 6d, with business very restricted. The English wheat mnrkot it still heavy nnd inactive, and tho Continental market is depressed, while tli9 American market is improving. . For small shipments of Australian now crop, on passage, sellers are asking 425. Flour, Australian, ex store, 20a Gd ; New Zealand, 2Ga. : Colonial barley, from 30s. Oats, from 25.i. . The money market Is active oj? ing to tho rci|uireraents for Stock ExchnDg«

settlements. For three months' bills 4 per ceut is asked ; for short loans 6 per cent. '";> . . " ; The BUgar market is quiot at 14s. Iron is quoted at 428. (Special to Press Association.) 1 (Received 1.40 a.m., Decomber 31st.) LORD SALISBURY'S " MEN OF COLOUR," ; , . Calcutta, Dec. | i}9. . .-. The National Indian Congress has now concluded its sittings. During the latter part of the Conference questions of social,, political, and military reform were discussed, and the promotion of indigenous industries was recommended to enquiry by a ■ Parliamentary committee. A telegram expressing sympathy with Tst John Bright ia his severe illness Was authorised to be sent, and the Congress wound up with hearty oheera for Het i Majesty Queen Victoria. '■'■''< ROUR LOAN CLOGS. Mr \Vestgartb, : in the Economist, en* dorsos the statement of Dr Robert Giffen that Australian, borrowing has been reckless, ' and ' that trouble - : looms in the future, c BIRTHDAY. To-day, being tho anniversary of the birth of |Mr Gladstone, he was presented with an .address signed by 11,000 residents in liU Midlothian constituency. ; MURDER AN.D MUTILATION. ; A lad was niurdered at Bradford, Yorkshire, to-day, and the,bqdy was mutilated in a maiinec almost indescribable. Suspicion rested at ouco on one man, who has since been, arrested. . ; . i .:• ' AN : AUSTRALIAN PUGILIST. ; Peter Jackeon, the champion boxer of Australia; "nietMoAuliffe at New York yestejcday in:a|slovo contest, and won very easily. '."'.. ' THE SINEWS OF. WAR. ; ' . New York, Deo. 29. ; The Land League has forwarded £15,000 to the aid of the Parn'ell Defence tfuqd,-, ana,auother -£20,000 wit bo forwarded shortly. . ' '■■ '■ ■-'