AUSTRALIA.

Globe, Volume XXIV, Issue 2687, 17 November 1882, Page 3

AUSTRALIA.

By Electric Telegraph—Copyright. s [beijteb’s telegrams.] •* Received November 16th, 10.29 p.m. j MELBOURNE, November 16. Arrived—This afternoon, the Union J Company’s steamship Manapouri, from the \ Bluff. a Tho New Zealand Loan and Mercantile ® Agency Company during their wool sale r for the past week have catalogued 2230 s hales, comprising some very choice clips. There has" been a large attendance of t buyers, and a brisk competition for the c lots offered. The high prices realised | earlier in the season were fully maintained, 4 to the satisfaction of the growers. Good r sound well-grown wools continue to command extreme rates. During the week J 2000 bales have been sold, the balance * being withdrawn. A marked feature in t the sales for the present season has been t the attendance of a large number of buyers d operating directly on behalf of various £ Home and Colonial factories. Middlemen 0 and speculators have found themselves J compelled to stand aloof. f Received November 17th, 1 a.m. s MELBOURNE. November 16. * In the Legislative Assembly to-night, r Sir Bryan O’Loghlen stated that he was 7 willing to modify the Loan Conversion ° Bill, and provide for three Bills in its “j place—one for a loan of £3,800,000, one for r an inscription of the stock, and one for a small loan to he raised in the colony for certain necessary public works. The t House, it is understood, generally ap- * proves of the Premier’s amended pro- j posala. J SYDNEY, November 16. t In the Legislative Assembly to-night the debate on the second reading of the Land t Act Amendment Bill was closed, and on f going to a division the Bill was rejected by j 43 to 33. In consequence of the result of j the division, the Premier, Sir Henry Parkes, moved the adjournment of the i House, which was agreed to. It is gene- t that the Ministry will resign * in consequence of its defeat. e