TO-DAY'S TELEGRAMS. LATER EDITION. MONETARY AND COMMERCIAL.

Star (Christchurch), Issue 4740, 4 September 1893, Page 3

TO-DAY'S TELEGRAMS. LATER EDITION. MONETARY AND COMMERCIAL.

[rt kleotbio telbghaph— copfsiqbtj] [Special to Press Association.] LONDON, Sept. 2, A Company is being formed to explore the Coolgardie gold fields in Western Australia. The capital is £100,000. Experts estimate that good wheaten and oaten hay the next six months will realise from .£5 to .£6 per ton. Mr Huddart, of Messrs Huddart Parker and Co., will interview the Postmaster-Greneral on the question of a subsidy being granted to the Company if its steamers call ai Fiji. Sept. 3. The Antwerp wool sales have been fixed for Sept. 12 to 16 inclusive. Pour thousand four hundred bales of Australian wool will be offered on Sept. 12. Tallow is unaltered. The English and American wheat markets are changing a littb for the better-. The Continental is depressed. WASHINGTON, Sept. 1. The silver men in the Senate are giving way, and it is believed that there will be a majority of forty in favour of the repeal of the Sherman Act. Sept. 2. The Equitable Mortgage Company, of Broadway, New York, has sus- ] pended payment. The liabilities of the Equitable Mortgage Company in England amount to a million sterling. OTTAWA, Sept. 2J| The Hon M'Kenzie Bowell, Minister of Trade and Commerce in the Dominion Parliament, has been appointed Canadian Commissioner to visit Australia to confer as to the advisability of eloser trade relations between the Dominion and the Colonies.

BRISBANE, Sept. 3. The cable steamer Francois Arago has Arrived at Buadaberg, having successfully laid the Noumean end of the cable, and is making preparations to lay the Queensland end. The soundings show an excellent route. _______ —_»»».