CABLE NEWS.

Ashburton Guardian, Volume V, Issue 1556, 15 June 1885, Page 2

CABLE NEWS.

' ' r i- Jf-Jl EUROPE R'errrutt's T*MHK4«IB—OOFTRMHT,] Monetary and.Oommercial. London, Jans 1L The Bank of England weekly returns : published to-day show the proportion of . reserve to liabilities to be 5a per cent, or 1 per cent above last week, while the reserve has declined Lzoo,ooo to Li 7,700,00®. Three per cent consols are higher, The market rate has fallen }i, and *is now per cent, or i}4 below the Bank rate. At (the bide auctions to-day the demand was 1 only limited. Prices are %d lower. At to-day’s wool sales 11,700 bales were catalogued, the market being I weaker. Low qualities crossbred wools . I are about the same as at last sales. I 71,200 bales have been offered to date, I of which 12,000 have been withdrawn. I Consecration. I LiOMDOir, June 12. I The Right Rev. Dr. Webber; Bishop I of Brisbane, was consecrated to-day at I the Cathedral by the Bishop|of Canter--1 bury, assisted by a large number of proIminent clergy. The ceremony was { witnessed by a large congregation. I Political Crisis. I The Marquis of Salisbury has been I summoned to Balmoral by Her Majesty I the Queen. II Fatal Collapse. ] , , runs, Jana 13. 1 1 News is to band from Thierstown, in • I the Department of Puy de Gane, that a r I shocking accident occurred there to- * I day. A large number of people as- ' I sembled in the local Courthouse, when ’ I the staircase of the building suddenly r I collapsed precipitating the occupants t 1 to the ground. Fully 200 persons are 1 1 known to have been killed or seriously »I injured by the disaster. t 1 Cholera. ‘ I Madrid, Jane 12, . { Reports from the South of Spain 7 1 show that cholera is increasing in viru--11 lence, and already extends over a con- ■ I siderable area.

* U S FRAU A N. [rKUXKB’s TELEGRAMS—COPYRIGHT. Sugar Market. Adelaide. Saturday. The following items of Mauritius commercial news are taken from Ireland, Fraser and Co.’s circular to hand per Messagerie’s steamer Caledonien, which arrived this morning:—Mauritius, May 28th—The total yield of new season’s crop is estimated at from 100.000 to 110,000 tons. The month’s clearances for New Zealand ports are 1 —Dunedin 300 tons, and Wellington 200 tons. The total exports to New Zealand during the season;have been 8.000 tons, and the stock now in hand is 17,000 tons. Exchange, sixty days* Bank credit on New Zealand, per cent premium; Australia, 15 per cent Shocking Tragedy. Adelaide, Yesterday. A shocking tragedy look place here yesterday. A man named Lines shot his wife and her paramour, lulling them both. He then shot himself dead.