LATEST ENGLISH NEWS.

Waikato Times, Volume III, Issue 129, 4 March 1873, Page 2

LATEST ENGLISH NEWS.

London, February, 13. Exports to the colonies for January :— Meibpuuie, £414.800; Sydney, £293,300 ; Adelaide, £120 t 6QO, Loid E. Cecil introduces in the Commons the question of tixation for the defence of the colonies. The London wool sales open^l this ev^ing. Up"v*rds of 5,000 bales, principally Tort Phillip and Cape wools, wc^e offered. The total arrivals are upwards of 120,000 bales. The attendance of homo and foreign buyeis was large, but the uaual eagerness observable on the qpeiung day wns absent. The prices, compared with the last series, show a slight dfejine, h\\% this is not a fair criterion, the catalogue of wools offered being a misqellanpous one.

Febiuary 14. The Lord Chancellor introduced in the House of Loids a bill establishing a supreme court of judicature under the presidency of the Chief Justice, and comprising Judges from law and equity courts, formiDgahigh Co<irtof Appeal which withdiaws the appellate jurisdiction fiom the House of Peeis i» English cases. Lord Cairns, approved, of the bill.

February 15. On tho scoond day of t ho rolonial ■wool bales upwards of GSOO bales were offered — Port Philip preponderating. There was a brisker competition amongst buyers, but prices hare not improved. Victorian sorts showed a reduction of three-lmlf-pcnce. Adelaide and Sydney greasy weee a penny loner. The reduction is E,ttribused*to,the increase, of manuiuclurmg. The sales extend to tbe 12th March. Money ««im}. Government dobentuivs at the Bank of England large. A large quantity ftf bullion sent abroad The stock market is drooping. New Zealand consolidated fives, 1031 ; sixes, Hi Mutton ii easier ; heef unaltered For sperm c ii £93 are refined. Several bales of New Zealand flax realised £28 to <£3t> ss. Wheat is quiet.

February IG. Iron at "Wolverimmptoii ha 3 advanced 20s por toy.

February 17. In tlie Hoier of Commons the Jury Bill waa read a second time. It provides for a reduction of the. number of the jury to seven, except in ca*es of murder and treason. Ununimity of juries will be henceforth only necpsaary 119 arriving at a verdict in cases of murder and treason. Iji tho House of Lords the Duke of Argyll, Secretary for India, stated that it was intended that the boundary of Afghanistan shoul4 follow the course of the Oxus to where that river branches into a stream and then into another stream. The Australian and Polynesian curiosities are icing exhibited at the Crystal P.ilace, Sjdenhgm. The \^ool sales are postponed.

February 18. The JVpnl-Deu/stfie St. JJctersbu^g correspondent states tlint the magnitude of the Khiva expedition lias been exaggerated, and that the force probably dogs not number more titan seven thousand men. It is stated that the fifth milliard of Germany's iudemity moiiey will be paid by France at the end of July.

New Yort, February IG. Congross rejected the rcsplution congratulating Spain qn the Republic. The Home of Representatives approved of the bill recognising tho claims of officer*, crews, ownurb, and insurers of ships and cargoes destroyed and captured by Confederate cruisers to participate in the Geneva indemnity money. Insurance companies to be excluded from the award.

Madrid, February 10 The Spanish authorities released) the btcumcr Munllo bolicving the charges of her collision with tjhv Northflect were not proved Spam clearly intimates her resolution to keep Cuba.

PER SUEZ MAIL. The reports to Now Zealand amount to £.281,600, showing an inprciboof i' 7,600.

Harvard University has, it is stated, lost heavily by the Boston fire, ns it held property in the burnt district to the amount of S'lfiS.OUU, including tho value of the land, and it will cost §300,000 to rebuild. Tow aids this work it Ims $100,000 of good insurance out of the $216,000, for which it bad paid piemiumn. The permanent loss is thus reduced to 5'2.)0,000. By the lobaeo of tho fire, the University is cut off from about 510,009 of rents until it can lebuild.