THE LATEST. . ,

Feilding Star, Volume XII, Issue 123, 9 April 1891, Page 2

THE LATEST. . ,

London, April 7r Money is abundant, but investors are somewhat timid, the dread of another financial panic being, still prevalent on the;market. .''lt is reported that the Banks will underwrite half of the Victorian* loan, receiving 1 per cent. Brokers are exhibiting extreme irritation with regard to i .the. loan, and, it ,'is "considered, probable thai; they will combine against' it and expose the whole transaction. Telephone ~ communication has been established between London and 'Marseilles, and has proved a great success. Mr P. T. 1 Barnum, the well-known showman is dead. At the Epsom Spring meeting to-day the Great Metropolitan Stakes was won by Regimunde, Royal Gem 2nd, Maypole 3rd. ' ,April 8. Last month's imparts show an increase of £'887,000, and exports an increase oi £1,596,000, as compared with corresponding 'month in 1890. At the wool sales prices continue firm and English -'manufacturer*- are buying better. , J. . Washington, April 8. The mission of Sir Charles Tupper ir connection with the negotiations for the settlement of the Behring Sea dispute on a reciprocal basis is regarded as a humiliating'failure. Major McEiuley insists that President Harrison should, cease negotiations. In connection with the reciprocity negotiations it is reported the Presideni was incensed at Sir J. McDonald's elec tion attacks on the United States. . . Ottawa. April 7., '• Sir Charles Tupper considers that the result of reciprocal trade relations witt the United States would be to sevei ' Canada from England, as by accepting re ciprocity it would be necessary for th« Dominion to adopt the American tariffs ,■ •-' l Melboubnb, This Day. , ' Since the reduction in the ocean post age to 2£d correspondence with Great Britain has nearly doubled.