LATEST TELEGRAMS.

Nelson Evening Mail, Volume XV, Issue 64, 15 March 1880, Page 2

LA TEST TELEGRAMS.

LATEST ENGLISH NEWS. [Rsdxer s Telegrams per Pbess Association.] London, March 11. At the wool sales to-day 6 200 bales were offered, makiug a total of 181,300 catalogued since the opening. The tone of the auction continues firm and the average advance in prices over last series is now 12J per cent. fn the House of Commons to day the Chancellor of the Exchequer delivered his budget speech, in the course of which he showed that the revenue for the past financial year amounted to £80,860,000 and the expenditure to £84,216,000. He stated the revenue for the ensuing fiuancial year at £51,560,000 and the expenditure at £81,485.000. To meet the past deficiency £600,000 of Exchequer bills will be con verted into terminable annuities. There will be no increase in the taxation. The total reserve in notes and bullions in the Bank of England is £17,968,750. March 12. Information has been received from Shanghai that a serious revolt of Chinese at Pekio has taken place, and Chinghow a high Chinese official has been beheaded by the rebels. Consols 97§. The total quantity "of wheat afloat is 1,000,000 quarters. The wool sales have closed, 190,000 bales having been sold during the series. None ■was held over. March 13. Mr Gladstone made a speech at Marylebone to-day in the course, of which he said that he believedLord Derby would henceforth be definitely associated wirh the Liberal party. Earl Derby has written a letter to Earl Sefton declaring that he has now given in his definite adhesion to the Liberal partv.