NEWS BY CABLE.

Wairarapa Standard, Volume XVIII, Issue 1682, 15 May 1885, Page 3

NEWS BY CABLE.

London, May 10. The New Zealand Shipping Company's Aorangi, left Plymouth yesterday for Auckland. May 11. Three per cent. Consols have advanced by 8 to 09. New Zealand securities—s per cent. 10-40 loan, 1021 ; 41 per cent. 1879-1904 loan, 101} ; 4 per cent, inscribed stock, 99. The market rate of discount has been reduced It now is If, being u below Bank rate. In colonial breadstuffs the previous quotations are maintained. Adelaide wheat, ex store, 37s ; Adelaide flour, ex store, 27s ; New Zealand wheat, ex store, 32a to 365. Tallow is unchanged. It is reported in Rome, that the Pope has selected the Bight Rev Dr Moran, Archbishop of Sydney, to succeed the late Cardinal M’Cabe as Archbishop of Dublin, The official average of the Victorian loan is £IOO 13s 9d. There were 1153 tenders, covering i' 11,495,000. Tenders at £IOO 13a will receive 60 per centum. England will award medals to the New Bcuth Wales Contingent for their services in the Soudan. “It is understood that the million loan for New Zealand will shortly be placed on the market. Japan and China are preparing to prevent the Russians seizing Qneipaert, an island on the lellow Sea, oil the Korth-eost Coast of China. .... Melbourne, May 13. A slight shock of earthquake waa experi* enced here to-day. The disturbance waa felt oxer the whole of Victoria and Tasmania. Tne local manager of the National Mortgage and Agency Company (Limited) of New Zealand reports on the local grain market as follows Shipping wheat has a slightly improved tendency at 3s 9d to 3s 10d, though prices are quoted twopei ce below last week’s report. Malting bar.e> is .if-ruvs-ed at 3s tid to 4s 3d. New Z , a.i <mi 3 — Feeding descriptions are difficu t to ivd even at sughth reduced prices ; quotations are one penny lower than last, 2s 8d to 3s ; milling sorts are 3s to 3s Id, a fall of one penny since last report ; tne market is flat, and prices are drooping ; New Zealand oats, under bond, 2a to 2s 3d. Ryegrass seed is quieter but steady at 3a 9d to 4a 9d, an advance of threepence upon last quotation ; cocksfoot is dull of gale at 4d to 4£d.