London.

Manawatu Herald, 2 October 1894, Page 2

London.

The annual meeting of the New Zealand Shipping Company will be held on October 10th. After providing £62,000 for depreciation the profit and loss account for the year •shows a profit of £22,700. The directors recommend that a dividend of four per cent for the year be declared.

Mr Chamberlain, in his speech at Leeds, contended that the doctrine of Colectivism means the confiscation of the savings of the poor and the capital of the rich. The workers, he claimed, have no sympathy with the new ideas promulgated by the Trades Congress. He urged the LiberalUnionists to formulate a policy to displace the theories of anarchy and revolution. It is reported that Lord Ripon has consented to Chief Justice Way succeeding Lord Kintore as Governor of South Australia. The Hon. Simon Fraser, M.L.C., of Victoria, recommends meat growers to combine for the purpose of selling direct to the consumers. Mr Pateson, of the Fresh Food and Ice Company, Sydney, who has returned from a visit to Vienna, declares that there is a ready trade there for 500 bullocks weekly, and ; that the meat would realise 4d per lb. He advises shippers to remove 1 the fat and send the best beef, and only legs of mutton. He also advises the appointment of an agent to control the sale, and believes the Austrian Government would accept the health certificates of their consuls in Australia, and the meat would i thus avoid restrictions on its arrival in Austria.

Several warnings to intending investors in West Australian mines are published by the English newspapers, including a letter by Mr Howard Smith in the Times, News from the Bemin district, West Coast of Africa, states that Admiral Bedford stormed the stronghold of the chief Nana at Brohemie, capturing 75 cannon and a large quantity of ammunition. Nana, who has given a great deal of trouble to the British lately, is now a fugitive. At the wool sales on Saturday there was a poor selection. Foreigners bought scoured crossbreds at fancy prices. Crossbreds brought Is 2£d ; merinos, Is 2£d to Is 4£d. Danish butter is nominal at 110s per cwt. ; finest quality selling at 106s. Australian factory butter is selling in the open market at from 100s to 1043 ; fancy sorts, 106s. Irish and Danish butter is selling at prices below those realised the same week last year. The Colonial Butter Committee fixed the price for the finest quality at 106s, and fine at 100s. In view of heavy consignments they make a fixed moderate price in order to induce the trade to buy the colonial article.