LATE CABLES.

Feilding Star, Volume IX, Issue 89, 14 January 1888, Page 2

LATE CABLES.

MhIPPING AND COMMERCIAL.

THE* ITALIAN WAR IN ABYS7:'7:R'7R" sinia. By~"T3ectric Telegraph. — Copyright [PBB TUNTTEp PBEBB ASSOCIATION.] Sydney, January 13, The revenue derived- by- the Go- < vernment from the Barrier mines laßt year was £140,000. The revenue from the same soUrce is expeoted to exceed £1,000,000 this year. ; :i . : A - Fervid speculation in silver, share's .still continues, and is , expected to last some time, more especially with respect to the Brqken Hill Central Mine, where it is understood a rich lode, originally found in the Broken Hill mine, has been struck.. Cardigan has come into favor for the Anniversary Handicap, but there is very little speculation. ' London, January 12; ' Wool firmly maintains last prices ; 180,000 bales have arrived for next scries. , Consols have declined, one-eighth. Tin is quoted at Ll lower per ton,' and copper shows a decline ot L 2 10s. The weekly return of the Bank of England, published ' to-day, shows the total reserve 1 in notes and bullion to be L 12.300,000 and the proportion of reserve to liabilities 40 per oent. The total quantity of whea- and flour afloat and for the United Kingdom is' 1,472,000 quarters. A The barir rate of discount has declined from 4 per cent, to 3J per bent. Wheat is quoted at 35s per quarter. Massowah, January 12. Thirty thousand Italian troops are now stationed in this. city. The Negus who opposes the Italians is in command of 60,000 followers.;