LATEST TELEGRAMS.

Patea Mail, Volume III, Issue 218, 12 May 1877, Page 2

LATEST TELEGRAMS.

[Per Press Agency.] WELLINGTON. May 9. James O’Shea, merchant, has suspended payment. The causes of his failure are heavy losses on home shipments and bad debts. His liabilities are £22,000. A meeting of creditors will bo held on the 17 th inst. May 11. Telegrams relating to a tidal wave have been received from the following places: —Poverty Bay, Gisborne,Napier, Lyttelton, Akaroa, Tim am, Camara, Port Chalmers, and the Bluff. The phenomenon was observed at all the above places this morning alter seven o’clock, and the rise and fall varied from three to eight feet, at which it rose at Poverty Bay. The ebb and flow each time is described as occupying different times between fifteen minutes and an hour. No damage is reported anywhere. Here the rise and fall slackened at midday, but increased again in the afternoon, but ceased altogether about seven o’clock. Mr O’Shea reports produce prices ; Flour (colonial) scarce, £l6 to £l6 10s; oats, 3s to 3s 3d ; bran, Is ; hams and bacon, 9d to I0d; cheese, 7tV to 8d; potatoes, 80s to 85s; pollard, £7 10s. , BALCLUTHA. May 9. The Town Council has resolved to commence planting an avenue of trees IJong the footpaths.

The Kaitangata colliers are still on strike. The company is procuring other men. CHRISTCHURCH. May 9. At a meeting of the Acclimatisation Society yesterday, it was resolved that application be made to the Auckland, society to join in importing 100,000 ova, 50,000 being salmon ova, and 50.000 sea trout; and, if possible, 50.000 brook trout as wed), A meeting of the Canterbury and Westland presbytery last night resulted in favour of urging the Presbyterian Assembly to petition the Government for a religious but nnsectariau system of national education. May 11. Grain and produce quotations f.o.b. at Lyttelton—Wheat, 4s Gd to 6s; oats, 2s 8d; barley, 4s to ss; flour, £IG 10s to £l7 ; bran, £4 10s; sharps, £5 10s; cheese, 7d ; potatoes, £3. The steam roller was tried yesterday with success. DUNEDIN. May 11. Wheat has advanced during the past week, and is now quoted at 5s Gd to Gs; prime samples, ordinary, 5s to 5s 3d; inferior, milling, 4s Gd to 4s 9d. Catsup old, 2s Gd to 2s 8d ; new, 2s 4d to ! 6d. Barley, prime, 4s Gd to 5s ; ordinary, 4s.