Wool Sales

Star (Christchurch), Issue 5804, 18 December 1886, Page 3

Wool Sales

[Special to Pbbss Association.] LONDON, Dec. 16. The wool sales closed to-day without prices rallying. One hundred and twenty- five thousand bales were catalogued, and 34,000 were withdrawn, inclusive of 15,000 which had not been offered. Good greasy merino were Id, inferior 2d, scoured 2d to 3d, and cross-breds Id below September closing sales. The next of the series of sales will be opened on Jan. 25. The Board of the Inland Revenue have decided to remit the legacy duty on the Australian property belonging to the late Mrs Challis, a former resident of New South Wales.

The Agents- General, in obedience to a summons from the Hon E. Stanhope, had an interview with him to-day. The interview relates to a Conference to be held next year respecting New Guinea and the New Hebrides. The British proposals regarding the latter islands were not revealed, and nothing was decided upon at the meeting. Dec. 17. The London Chamber of Commerce has a9ked Mr Cecil Raikee, Post-master-General, to carry Australian letters for 2|d.

The German mail steamers intend to call at Colombo, instead of at Chagos, as at present.

General Cesare Ricoti Magnani, Italian Minister of War, states that Italy is able to mobilise half a million of men immediately if war should be declared.

In connection with the affairs of the Laud League, the Leaguers are demanding to know what has become of Mr Parnell.

Italy denounces the commercial treaties concluded between France and Austria.

Prince Alexander refuses to wait upon the Bulgarian delegates.