ENGLISH AND FOREIGN CABLE

Timaru Herald, Volume LII, Issue 5155, 30 May 1891, Page 2

ENGLISH AND FOREIGN CABLE

yBR Ef-sormo TELsaRAPH — Oopyriort. ) (Pbr Pkess Association.) (Received 5 p.m., Hay 29th.) THE QUEENSLAND LOAN. London, May 28. The general opinion m the City ia that Queensland ought to issue short term Treasury bills or renew debentures for 3ix months. It ia reported that the Queensland National Baok was ready to subscribe if the public, had offered half of the loan. THE MILITARY TO ORNAMENT. Sergeant McLauchlin of Violet-town (Victoria Rifles) won the first prize at the military tournament for tilting at the ring. Private Mawley, of Gule, m Gippsland, tied for first prize m tent pegging with highest possible score. Mawley and Corporal Martin, of Thornn, (ied with three others for second prize at lemon cutting. SOUTH AFRICA. It is reported that the Chartered Company's forces have defeated the Portuguese volunteers on the river Ulmbi. (Received 4.45 p.m., May 29th.) COMMERCIAL. The Bank of England returns published to-day show the total reserve to be £16,070,000, being an increase of £2,234,000 as compared ?ith the previous week. The proportion of reserve to liabilities is 40.00 per cent. Consols, 95i. Three months' bills are discounted at 4= per cent. New Zealand 4 per cent, inscribed stock, 102 ; 3i do 95. The English wheat market ia firm at 445. Mutton, Canterbury, 4gd. per 3b ; Wellington, 3J<l ; Canterbury lamb, 3d ; beef, fore-quarters, 3jd per lb ; hindquarters, sd. There is nothing doing m New Zealand hemp. Wellington, fair quality, nominally £21 per ton. South. Australian wheat is firm at 44s 6d ; Victorian, steady, 44a. Sugar, German beet, 13s 4|d ; Java 15s. No. 1 best Scotch pig iron, f.o.b. m the Clyde, 55s 6U (SPBOI.IL TO THE PIIBSS ASSOCIATION.) (Received 10 a.m., May 29th.) NEWFOUNDLAND. London, May 28. It is expected that the enforcing of the modus vivendi by the Newfoundland Parliament will cause the withdrawal of the Bill which was introduced m the House of Lords by Lord Knutsford. THE QUEENSLAND LOAN. The Financial News declares that the attempt to float the Queensland loan is the worst fiasco ever attempted m the issue of colonial loans. THE DUKE OF FIFE'S DAUGHTER. The Queen haß decided that the Duke of Fife's daughter shall rank as a Duchess, SIR JOHN MACDONALD. Ottawa, May 28. Sir John Macdonald, Premier, who has been suffering from paralysis of the throat is dying. (Eooeived 10.30 a.m., May 29th.) GERMAN DUTY ON CORN. Berlin, May 28. Germany is suspending the import duties on corn. DR KOCH'S CURES. Dr Koch is engaged m making tuberculine free from all injurious substances. THE POSTAL UNION. Vienna, May 28. The local press regard the admission of Australia to the postal union a3 an important event. When the admission of Australia to the union was announced, members of Congress iv order to testify their respect for the colonies, rose to their feet. Sir Saul Samuel, AgeutGanoral for New South Wales, m an eloquent speech, which was loudly applauded, thanked the president for his congratulatory remarks, and the members for their expressions of respect. HOW THE CZAR TRAVELS. St. Petersbokg, May 28. Tho Czar has arrived at Moscow. The entire line of route was guarded by troops, the authorities fearing that advantage might bo taken of tho Czar's trip to asaassinato him. MORE TROUBLE FOR THE JEWS. Tho Czar has determined to. espol all Jews from St. Petersburg, Moscow, and Odessa, JEWS LEAVING CORFU. Athens, M«y 2S. The Jews arc rapidly quitting Corfu. A DENIAL. Washington, May 28. The intervention of the United States m the Chilian revolution is officially domed. A CORNER IN WHEAT. A wheat corner has been established iv Minneapolis, and it ha 3 secured ninemillion bushels. MR BLAINE. Mr J. G. Bloino has bo far improved ii* health that ho is able to drive out. A FINANCIAL CRISIS. Bubnos Ayees, May 28. Payment sf deposits m tho banks m tho Argentine Republic which was euspoudod ia now indfinitoly postponed.

SHOKT FOOD SUPPLY. Calcutta, M»y 28. Owing to heavy shipments of whea 1 tn the Eotjliah inas-kots the price of food has serionsly advanced m the northern provinces.