LONDON.

Daily Telegraph (Napier), Issue 3202, 3 October 1881, Page 3

LONDON.

September 30. At the wool sale to-day 9700 bales were offered. The market is steady, but the demand is most active.

The Bank of South Australia has declared a dividend of five per cent for the past half-year, and has carried forward £10,000 to the reserve fund. ' October 1.

The Times, in a leading article to-day, in referring to the return of tbe British commissioners from Paris, states that difficulties have arisen in the negotiations which have been proceeding between France and England, and adds that the proposal of the former to levy specific import duties on British cottons and woollens is virtually insuperable, and will preclude any understanding being arrived at.

There are no changes to report to-day in the money or produce markets. At tbe wool sale to-day 8,200 bales were catalogued, and a fair demand was experienced for the various lots offered. It is announced that the negotiations between the English and French commissioners ia regard to the commercial relations of the two countries, wbich were adjourned yesterday, will be resumed on the 24th instant, when the delegates will re-assemble at Paris. October 2.

The London Observer of to-day announces that the British treaty commissioners, when proposing an adjournment of the negotiations which were proceeding at Paris, took occasion to give emphatic assurances that they did not feel that either a rupture or suspension of the parleying had arisen, and added that they simply suggested an adjournment to facilitate an ultimate agreement.