COMMERCIAL.
London, 30th May. For New Zealand flax there is a good demand. 1200 bales sold at former rates. Easier for common. Since the auction there has been a good demand. 700 bales sold at steady rates ; fine, £28 to £33; ordinary, £15 to £17. Tallow is improved in demand ; animated sales at an advance of Is to Is 6d. 7700 casks passed at 35s to 42s 9d for sheep ; teef, 36s 9d to 41s 3d. A dividend of ten per cent has been declared in the Otago and Southland Company. The tender for the Tasmanian loan of £52,800 was opened on 11th May ; £182,000 tendered for. Tenders at £105 11s will receive allotments. New York, June 12. Wool— Stocks very low. Foreign demand active. At Boston, 970,000 lbs of Australian wools passed the hammer at 45c to 55c advance on all woollen goods. Paris, June 16. The International Society's proclamation says that although disarmed, Paris has not been conquered ; that the army is still 100.000 strong, and that Favre and General Trochu were the authors of all its misfortunes, aided by capital and priestcraft. The Internationals accept the responsibility of the late conflagration in Paris. London, June 16. The Countess De Paris gave birth to a daughter last night. Napoleon and Eugene have visited the Prince of Wales. The Emperor of Germany, and his victorious army, made a triumphal entry into Berlin on the 16th June. The procession was the most magnificent of modern times. The eagles and standards captured from the French army led the way. The army marched between two rows of cannon captured during the war, which were 20,000 in number. Enormous trophies have been captured, and the arms were erected. The road was strewn with flowers by hundreds of young girls, and the appearance of the troops was splendid. The enthusiasm of the spectators unbounded. Paris, June 15. The destruction of life and property vastly exceeds the Government newspaper accounts. The workmen of Paris were nearly all communists. The London " Times" says M'Mahon desires to resign. The army reserve has been dissolved, and Vinoy retires. Charred corpses have been found in the ruins of the Hotel de Viile, undoubtedly remains of persons left in cells by the communists. June 17. — In the Assembly Favre defended non-acceptance of peace at conference at Meaux, and failed because Bismarck demanded Strasburg. Rome, June 12. — Jubilee of Pope celebrated by Reception Vatican. 3,000 pilgrim 8 from all parts of the world in the city. Paris, June 21. — Archbishop Cambray and Bishop Arras demanded of the Assembly the resumption of protection ot Rome. Various arrests made at Marseilles. London, Tune 21. — Earl Gray is gazetted Marquis of Ripon. The " Observer" announces that Professor Montague Bernard, late Joint High Commissioner, will enter the Privy Council. At Mallow, a body of men, supposed to be Fenians, broke into the militia armory, and carried off 120 rifles. The sentinel fired, but all escaped. Five have been arrested on suspicion. Twenty-two Austrian Bishops have petitioned for the temporary re-estab-lishment of the power of the Pope.
COMMERCIAL.
Wellington Independent, Volume XXVI, Issue XXVI, 25 July 1871, Page 2
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