Telegraphic Despatches

Southland Times, Issue 959, 29 May 1868, Page 2

Telegraphic Despatches

Welli^gto^, Tuesday. — All Wellington was astir last night with a torchlight procession. The Fire Brigade marched, and there were illuminations and fireworks. The whole affair passed off very satisfactorily. The weather was fine. — Mr Stafford informed Archdeacon Hadfield that the judges had decided to refuse the request for a re-hearmg of the late Manawatu. land case tried at Otaki. I— A letter has been received from Mr Fitzherbert, in which he reports the settlement of the Imperial claims, both Governments crying quits. The Colonial oflice sided with the colony, but the Treasury long pressed for payment, refusing to odmit any counter claims, excepting to a very insignificant extent. The Imperial claims amounted to -£1,304,963, and the colonial counter claims to £906,856. The Consolidation Acts were allowed after a very narrow squeak. — Mr Fitzherbert has obtained an advance of £450,000 short dated debentures at 4 per cent., for paying off New Zealand Bank securities at 7 per cent, before maturity. The tone of his letter is hopeful. The Airedale, with the Panama Mail, left Wellington at five o' clock this afternoon. New Zealand 5 per cents, £98 to £99 ; six per cents? 1891, March and September, £104 to £106 ; six per cents, 1892, June and December, £106 to £107. The news by the mail is unimportant. DutfEDix, Wednesday. — Last night Mr Reid asked for a further adjournment till two o'clock to-day, to enable him to complete the Executive. — The reports from the salmon breeding ponds are still j favorable.