LATER ENGLISH NEWS.

Southland Times, Issue 1606, 16 July 1872, Page 3

LATER ENGLISH NEWS.

. o- — (From the Ctago Daily Times ) The following is the first direct telegram of news from England received by the Australian Associated Press, per Reuter's Telegram Company, by submarine telegraph. : — Lo:n~don, June 22. The total arrivals of wool amount to upwards of 200,000 bales. At the sales, the attendance, both of home and foreign buyers, was large, and the bidding commenced with, great spirit. The prices, as compared with those obtained at the last series, show a slight decline. Tallow is dull, and a slight decline has taken place in prices. The finest qualities of mutton command 42s 6d to 445, and the finer qualities of beef 41s to 42a. Copper is £110 per ton. Wheat is at 62s per quarter. The Otago and Southland Investment Company has declared a dividend of 10 per cent. Victorian 6 per cents., January and July, are at 118; do do, April and October, 112£ ; do, 5 per cents., January and July, 108. New South Wales 5 per cents, are at 104f. New Zealand 5 per cents., Consolidated, are at 10H ; and do 6 per cents, at 112. Queensland 6 per cents., January and July, are at 113. South Australian 6 per cents., both short and long dated, are at 112. Tasmanian 6 per cents, are at 112. Sydney. A private telegram states that the London and Australian Steam Navigation Co. has been floated. Also, that the . P. and O. Company have arranged with the Italian Government that their steamers shall call at Ancona and Venice. Great indignation is felt in consequence of a telegram that has been received here, stating that the British and American Company intend laying a cable immediately between Port Darwin and Ihe Norman River. The submarine cable between Java and Port Darwin was broken, but the steamer Investigator was on the spot with all the necessary appliances, and it was expected the damage would be promptly repaired.