Arrival of the Suez Mail.
COMMERCIAL. London. Consols, The second scries of wool sales commenced on April 21, and concluded on May 11. The catalogues oompriscd— Port Philip, 08,344 bales ; Sydney, 27,590 ; Adelaide, 22,183; New Zealand, 21,588; Van Dieman's Land, 3931 ; Swan River 2398; Cnpe, 11,004; sundries 603. Total, 100,300 bales. Prices declined during the sale 2d; average on Australian, Id to l£d; market generally flat. The next series of sales commence on the 20th Jane. Arrived, 100,261- bales ; afloat,. 11,820'. GENERAL SUMMARY. Her Majesty is now at Balmoral. The Empress of Germany has visited tho Queen. Princess Alexandrima is expected to bo confined in June or July. The King of the Belgians is also on a visit to England. The Prince and Princess of Wales are still on the continent, but are expected to return home shortly. Great surprise was expressed at the end of April when the w Daily News " positively announced that the Government would fall on Fawcett's motion on the Dublin University Bill. Gladstone, however, escaped the difficulty. It is the general opinion that the Government will not last through the session, as the Ministry are being continually beaten in the House. Parliament is yet upheld by the Alabama difficulty,. and so long as that is unsettled Conservatives are unwilling to accept office. Supplementary articles have been added to tho treaty, declaring that in future neither party shall claim indirect damages in tha event of any future war. Grant submitted this clause to the Senate, whose decision was to determine whether it is to be adopted or not before rising for Whitsuntide holidays. The Ministers explained in both Houses of Parliament the position of affairs, stating that there would be no yielding on the subject of the claim, and that England would withdraw from the arbitration. Claims were pressed.—Discussions on the Permissive Bill and Ballot Bill principally occupied the House during the month. In the latter Bill frequent reference was made to the working of the ballot in Australia.
Telegrams have been received announcing the safety of Livingstone, tho African, traveller. Beek, however, doubts their veracity. The first electric telegraph message from Australia to London is expected by the end of June. The Tiehborne claimant, having been released on bail, has expressed his intention of " stumping" the provinces to raise funds for defraying the expenses of his defence; Ho has lately visited Aylesford, in Herts, where he was warmly received by many persons. The Australian Land Mortgage and Finance Company held a general meeting on the 24th April. A dividend of ten per cent was declared. The March mails, via Brindisi and San Francisco, have been delivered. The prospectus of the London and Australian Steam Navigation Company has been issued ; capital, one million in £25 shares ; £200,000 ha-ve been reserved for ther colonies. It is the intentian of the Company to establish direct mail and passenger service with Melbourne, via Cape of Good Hope; the passage to occupy 45 days. Sir Spencer Robinson has been appointed chairman. Application has been made to the Imperial and Victorian Governments to subsidize the line. The Carlist rising in Spain is gradually dying out. Serrano has been appointed Commander-in-Chief to actagainst the rebels. Carlos, who headed them, was beaten byGeneral Morrions at Alacante. Since that time the insurrection has been subsiding. Prince Bismarck is indisposed. Ambassador Anning has had repeated interviews with Theirs at Versailles. Bazaine is to be tried by court-martial forthe surrender of Metz. He is now a prisoner at Versailles. The Pope is eighty years of age. He re fused to receive Cardinal Hospitale, whoint Bismarck appointed German ambassador a Rome. LATEST INTELLIGENCE. The Anti-Ministerial journals strongly oppose the passing of the supplementary articles, but an impression prevails that the general desire to have the matter settled will overcome this. /'■■ Discount 5 per cant. Money in active demand. New Zealand Trust and Loan, 5s 8d to 7s 8d premium. Four seal-fishing, vessels have been wrecked off Labrador. Crews all perished. . Cremorne won the Derby ; Reine, second Oaklands, third.
Sir W. McArthur was to move an address to the Queen faking for the establishment of a British protectorate over Fiji, and the establishment of a naval store and victualling yards at Sydney. The Pacific Islanders Protection Bill pas--Bcd the Lords. Bishop Selwyn spoke earnestly in ita favor. The Committee in the Lowor House proposed an amendment prohibiting the removal of natives to any island not nndor British protection. The recommendation was supported but resisted by Government on the plea that the co-operation of the Australian courts could not be relied on.
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Bibliographic details
Waikato Times, Volume I, Issue 29, 6 July 1872, Page 2
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763Arrival of the Suez Mail. Waikato Times, Volume I, Issue 29, 6 July 1872, Page 2
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