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CABLEGRAMS.

LATEST HOME AND FOREIGN NEWS,

(REUTER'S TELEGftAiI, PHK FIiESS ASSOCIATION) "London, June 10. The total reserve in notes and bullion in the Bank of England is L 16,625,000. Adelaide wheat, ex warehouse, is quoted at 525. Flour, ex warehouse, 38s. New Zealand wheat, ex ship, 495.

The Australian cricketers commenced a match against eleven of Yorkshire County, at De wsbury to-day. The ground was not in good order. The home team went in first, and their innings closed for 55 runs. Spofforth and Palmer each took five wickets. The Australians then went in, but only, succeeded in scoring 65 runs. The Yorkshireinen commenced their second innings, and when the stumps were drawn for the day, had scored, gl runs for the loss of one wicket.

The rase for t]ie Ascot Gold Cup tpok place to-day, and resulted as follows Isonomy 1, Chippendale 2, Zut S. In the House of Commons, the Right Hon. Mr. Gladstone, Chancellor of the Exchequer, proposed a reduction in the duty on wines, and replacing the malt duty by a beer tax. An increase is also proposed jn the tax on gpirit licenses, and 2d on the income tax. it is expected that this will give a surplus of L38Q,G09. June 11.

The increase which the Chancellor of the Exchequer proposes to make in the income tax 'will be Id, not 2d, as at first understood.

June 11. The Chilians have captured the Peruvian seaport-town of Arica. Berlin, June 11.

A Committee of the Jj.Qwer House of the German Parliament has rejected the Bill which was introduced by the Govern* ment for amending the laws in the direct tion of providing large concessions to Catholics in Germany. uiJEUCCT AUSTRALIAN NEW>. (BEUTEB : S TELEGRAM I ? ER 88J33S ASpDUIATION.) Melbourne, June 11. It is believed that there is a possibility of Mr. Cunliffe O wen Labilliere, barrister, and Frederick Young, of the Colonial Institute, being authorised in a few months t.o invite the Governors and the Heads of Colonial Governments to assemble at Melbourne with a view of forcing the basis of a uniform tariff, and laying the foundation of Australasian confederation,

June 12.

Mr. Service, speaking at Beechworth last night, said it was possible that the Government might be defeated on the second reading of the Reform Bill, and should it happen so, the only course would Ije to pbtpin another dissolution. SypNEY, June 11. brandy, bulk, 10s 3d to Jls. Kerospne, diamond, Is Id to Is 2d; Devoe's, Is 2d, New Zealand wheat, Ss 9d to 4s > New Zealand oats, Is 9d to 2s 3d ; maige, Js lOd to 2s.

Candles, D.R.J. Gfd to 7d. The WaUsend and Co-operative Collieries have withdrawn their opposition to a settlement, and the strike i|3 now ended. The price of coal is fixed at 1,65. Adelaide, June 11. The Orient Co. 'e, steamer Lusitania has arriye.d from Plymouth. Wheat is at ,4s 3d to 4s id. The market, has slightly improyed in tendepcy, bjjt there is not much business doing. Dealers aro very cautious, and are waiting further advices from England.

Flour is quoted at LlO to LlO 5s for towji brands, and L 9 to L 9 103 for country. Freights from Adelaide to .London are at 40s to 42s Gd, and from oiitports' to

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18800612.2.9

Bibliographic details

Oamaru Mail, Volume IV, Issue 1305, 12 June 1880, Page 2

Word Count
547

CABLEGRAMS. Oamaru Mail, Volume IV, Issue 1305, 12 June 1880, Page 2

CABLEGRAMS. Oamaru Mail, Volume IV, Issue 1305, 12 June 1880, Page 2

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