London.

Manawatu Herald, 30 September 1893, Page 2

London.

The unsecured debenture holders in the New Zealand Loan and Mercantile Agency Company have authorised the raising of a loan of £50,000 to carry on the business. A large number of miners in Derbyshire, Staffordshire, and Notts have returned to work afc the old rates. The New Zealaud Land Association (Limited) have received the followiug cable from London, dated September 27 : — Wool •- Since close of last sales, scoured snperior, medium and inferior washed merino3 are par to -£d per lb lower ; scoured medium and inferior merino are par to M per lb higher ; medium scoured crossbred and greasy crossbred lambs are par to id per lb higher; other descriptions are unchanged ; for superior washed merino there is no demand ; there is no demand from American buyers ; the total catalogued to date is 67,000 bales. Wheat — The market is steady ; New Zealand long berried is worth 30s per 4961b5 ; average New Zealand wheat is worth 28s 3d par _96lbs ; other quotations unchanged since last telegram. Mr Gladstone, in reply fco an address, said the political position was extremely serious, but with the help of the Almighty the Liberals hoped to overcome all obstacles. Mr Gladstone addressed a meeting of 1000 paop'e at Edinburgh, and was received with enthusiasm. He said that to dissolve Parliament at the instance of the House of Lords would be a monstrous innovation. The Home Rule Bill would reappear again next session, when the Government would find means to ensure its reaching its gaol. He promised to extend to Scotland the Parish v.ouncils Bill. The Standard refers to the Premier's deliverances as disappointing and a ridiculous diotribe only worthy of tho windiest" demagogue. It adds thafc the Honse of Lords will refuse to be bounced into parsing the Home Rule measure. The Times declares that Mr Gladstone's indictment againsfc the Lords is based on serious and audacious assumptions. It is reported that Baron Schroder, one of the creditors of tho New Zealand Loan and Mercantile Agency Co., is pressing his claim against the company for priority over the assets, and insists on full payment in cash The directors are conferring with hira, with a view to an amicable settlement. Messrs Mundella (President of fche Board of Trade) and Jackson (Sec retary for Ireland in the last Government) are endeavouring to settle the British coalminers' strike.