LATEST INTELLIGENCE

Mataura Ensign, Volume 6, Issue 329, 8 February 1884, Page 2

LATEST INTELLIGENCE

Reuter's Tklegrams — Copyright. Received February 7, 12.15 p.m. London, February 5. Consols remain at 101 f. The market rate of discount has advanced \ per cent, and is now equal with the Bf.nk rate, viz. 3 per cent. Colonial breadstuSs continue quiet but ' steady at last quotations, viz., Adelaide wheat, 44s ; New Zealand 36a to 42s ; Adelaide flour, 31s — all ex store. Tallow — Australian of fair average quality remains at 39s for beef, and 42s for mutton, Eecoived Rebruary 7, 1,10 p.m. Sydxey, February 7i It is announced that it is the intention of the Government to propose some modification of the scheme of taxation set forth in the Treasurer's Budget. It is stated that personal effects such as furniture and wearing apparel, will be exempt from the property tax, and. that limit of exemptions will be increased to LSOO. It is further stated that the tax will be fixed at a halfpenny in the &, instead of one penny as proposed. : • Melbourne, Feb. 7. The Marchioness of Normanby is now slightly better, but still seriously ill. Cairo, Feb. 6. Baker Pasha telegraphs from Souakim that his assailants near Tascar numbered one thousand. London, Feb 6. In 'the House of Commons to-day Mr Gladstone announced that the Government had ordered that measures should immediately be taken to reinforce the Indian squad- , ron at Souakim under Admiral Hewitt with a view of protecting that town from the land 3ide by a force of marines and sailors.