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TELEGRAPHIC.

* Commercial and Shipping. Obituary. [Reuteb's Telegbams.] LONDON, Ju__ 17. Mr Gladstone has gone to Edinburgh to prosecute his electoral campaign in Midlothian. Consols are at 101. Colonial breadstuffs and tallow are -without quotable alteration in value. The market rate has been reduoed \, and is now 1 per cent, being 1£ below the Bank rate. At to-day's wool sales a catalogue comprising 13,100 bales was submitted. Good competition was experienced for the various lots offered. The weekly returns of the Bank of England, published to-day, show the total reserve of notes and bullion to be .£11,700,000, being an increase of £300,000 since last report. The proportion of reserve to liabilities is I 40 per cent, being one per cent higher than last week. The s.s. Coptic arrived at Plymouth j yesterday evening, with a cargo of frozen meat reported to be in good condition. Juva 18. In the House of Commons last night, a Bill to give effect to the ! change in wine duties was read a j third time and passed. ml BOMBAY, Juv_ 17. i The death is announced of the 'Maharajah Holkar, of Indor« (one j of the Central Indian States).

[Sphoial to Pbess Association.] LONDON, Ju»_ 17. j The report that the Eev Mr Thompson, of Cardiff, has been offered the . Bishopric cf Melbourne, is untrue. i The frozen meat by the Orient steamer Iberia is selling at five-pence halfpenny, and that by the Rimutaka, . at five-pence three-farthings. The Prince of Wales has forwarded a message of sympathy to the family . of Sir Alexander Stuart. i Sir Saul Samuel and Sir Daniel \ Cooper have been asked to take charge . of theNew South Wales Court at the Exhibition. j The shipment of fruit by the Rimutaka is in a damaged condition, owing ( to defective packing. i The Colonial Ofiice is opposed to ! the number of suggested honours to I be conferred on those connected with ! the Exhibition. J*nr_ 18. Twenty thousand troops will take part in the review which is to be held iat Aldershot on July 2. A large j number of Colonials will be present. I The Ven Archdeacon Blunt, D.D., |of Scarborough, has declined the j Bishopric of Melbourne. j Tlie Invercargill Municipal Loan of .; £150,000, at •_! per cent, has been ! placed in the market. The minimum has been fixed at 98, and tenders will be opened on Monday, June 28. The Berlin wool market will open to-morrow with good prospects. Mr Gladstone, on his journey to Edinburgh, has met with ovations at , the various stopping places.

[Eeuteb's Telegrams.] SYDNEY, Jujtx 18. New Zealand wheat remains at 4s 3d per bushel; new Zealand oats are unchanged at 2s 6d; maize per 561b 3s sd, being a decline of Id; Sugar Company's No. 1, ,£25 per ton ; pollard, ls Bd," 2d per bushel dearer ; potatoes 85s, being an advance of 20s upon last week's quotations. Heavy rains continue to be experienced in Sydney and the country districts. Sir John Robertson has resigned his Beat in the Legislative Assembly. It is understood he will retire into private life.

[Peb Pb_Bß Association.] COMMITTAL FOE TEIAL. AUCKLAND, Junm 18. Three men, Alfred Watt, John Connell, and Frederick Frotien, were committed for trial for the robbery of a 6afe from an ironmonger's shop. Patrick Regorn, on the same charge, was acquitted. EOADMAKING IN THE EOTORUA DISTRICT. WELLINGTON, Jonb 18. The Government have decided to havt a enrvey made of the road from Rotorua, via Mohaka and Bewa-Eewa, and the Maori sufferers by the late eruptions are to be employed upon the construction of the road. The City Council have adopted an address to Her Majesty the Queen, expressing the congratulations of the citizens upon her entering on her Jubilee year. WAIMEA PLAINS EAILWAY. DUNEDIN, Junb 18. The report of the Directors of the Waimea Plains Eailway states that the profits for the year ending March were .£2034, as against £40 the previous year. The Directors agreed, as a compromise, to sell the line to the Government at a price equal to £1 10,000, conditional on the Company foregoing half the amount of rates for four years.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18860619.2.31

Bibliographic details

Star (Christchurch), Issue 5649, 19 June 1886, Page 3

Word Count
687

TELEGRAPHIC. Star (Christchurch), Issue 5649, 19 June 1886, Page 3

TELEGRAPHIC. Star (Christchurch), Issue 5649, 19 June 1886, Page 3

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