CABLE NEWS.

Ashburton Guardian, Volume V, Issue 1530, 2 May 1885, Page 3

CABLE NEWS.

»■ LATEST FROM EUROPE fBKUTKB’s TELEGRAMS —COPYRIGHT. T Monetary and Commercial. London, April 30. Consols have declined and are now 95. New Zealand securities ; Five per cent. 10-40 loan, 100J4 ; Four : and a half per cent. 1879-1904 loan, ioo}4 1 Four per cent, inscribed stock, 95 j 4. The market rate of discount remains at being below the Bank rate. Adelaide wheat, ex store, steady at 38s; ditto, off coast, 365 - ;■ Adelaide flour, ex store, 275 ; New Zealand wheat, ex store, 32s to 375. Tallow, Australian, fair average quality beef, 31 6d; mutton, 335. Shipping. The Shaw, Savill- and Albion Co’s steamship Arawa left Capetown on April 26, for New Zealand. Arrived—Hurunui, from Port Chalmers (Jan. 22); Pleione, from Wellington (Jan. 117); Wairoa, flora Napier (Jan. 4.)

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[better's TELEGRAMS—COPYRIGHT. ] The Markets. Sydney, Yesterday. New Zealand wheat, zs 6d; New Zealand oats, zs 3d, an advance of id since last week’s report. Maize has fallen id, and is now 3s. Sugar Company’s No. 1 pieces, Lz6. A Cruiser. The work of fitting up the P. and O. Company’s steamer Massilia, as a cruiser, is proceeding with the greatest possible celerity, and the vessel is now nearly ready for sea. Shipping-Arrived—-Hauroto, s.s., from Wellington. [Received May 2, 2.30 p.m.] Breadstuffs. Adelaide, To-day. The wheat market is firm, and shipping parcels are quoted at 3s pd. Flour, town brand, L 8 10s to L 8 izs 6d ; country brands, L 7. Defence. Melbourne, To-day. Tbs Defence Department is pushing on the works at the Heads, and excellent progress is being made with them.