ANGLO-COLONIAL COMMERCIAL NOTES. London, October 19.

Te Aroha News, Volume VI, Issue 323, 8 December 1888, Page 5

ANGLO-COLONIAL COMMERCIAL NOTES. London, October 19.

The 2se\v Zealand bank authorities apparently have a large share ot that audacity which, when crowned with success, is looked upon as genius ; but which, when it j results in failure, is given a very different name. It is too early yet to predict t>he results of the issue of 25,000 new £10 shares, which, simultaneously with a like issue in the colony, has just been placed upon the London market. It may be of interest to you to know, however, that Sir Julius Vogol takes a very sanguine view of the future prospects of the bank, and thinks that, the required new capital having been obtained, the shares will prove one of the most paying banking investments in Austialasia.

FROZEN MEAT. Tilings are not looking so lively for frozen meat, which is decidedly cheaper than it was a few weeks back. This is partly due to the La Plata competition, and partly to the fact that unusually heavy quantities are to hand from New Zealand, as well as from New South Wales. Possibly as winter comes on the demand will get a little more ahead 01 the supply.

XEW ZEALAND SHIPPING. Things apparently are going on very I smoothly in New Zealand shipping circles. ' Messrs Tyser and Company and the Shaw j Savillc and Albion Company have now gofc j it all their own way, and can squeeze the l orange to any extent of which prudence j will allow. It i3 thought that an extra j half-crown \\ ill shortly be put on to freights, | and all would go merry as a marriage bell, if it were not for the tact that steamer accommodation to New Zealand is largely in excess of the public wants, both as to passengers and cargo. A greaD "boom" of some sort whether in the way of emigration or otherwise, is much required to give the finishing touch to a prosperity which the present absence of cutting competition should assure to a long languishing and overdone I trade. The desirability was remarked on at the recent meeting summoned for the election of a committee of shippers to confer with the "Ring" on Australian freights, that New Zealand should aiso be represented : and possibly something of this kind may be secured if the proposed Aubtralasian Shippers' Association is formed with a view primarily of bringing pressure on the brokeis in regard to the ri&e or fall of freights. At the meeting in question a motion in favour of such an association ruled out of order j but this did not by any means indicate an adverse feeling on the part of the majority present, and the Committee appointed to deal with Melbourne and Sydney freights are now taking tentative steps towards the formation of the wider organisation which is held to be so desirable, and which would probably ultimately develope an importance far beyond the most sanguine anticipations of the promoters.

I - SIR GRAHAM BERRY. Ifc is understood thai. Sir Graham Berry's term as Agent-General for Victoria will be renewed for another three years. During his tenure he has gained a reputation for putting down his foot where the interests of his colony are concerned, which has put his fellow Agents considerably into the shade, and they love him accordingly. Sir Graham's domestic arrangements make ifc undesirable for him to leave London just at the present juncbure ; but ifc is no secret that he would personally prefer to have his foot again on what — much more than the place of his birth is his native heath. After the exciting times he had in Victoria, the routine of the Agent-General's office, varied by the mild dissipation of an occasional public dinner, must be oppreesingly dull to one who has lived so long in an atmosphere of combafc. Even as an orator t Sir Graham Berry requires opposition to J - hine. , , !

A TOUCHING RECONCILIATION. Finding that he could nofc crush the irrepressible " Enniker," Sir Saul Samuel has done the "next best thing, and ' come to terms with the hon. member for Canterbury. Ib is a piby that Sir Saul began to bark before he knew that he could bite'. • He mi&rht then have 'spared himeelf the ridicule which 'he has incurred in all <juarters for several years past by 1 constantly obtruding abuse of his foe ever upon hearers, I cannot say listeners, who did nob previously even know of Henniker Heaton's existence. ' From' Lord 'Ros'eberry to the "Colonial Office, porter, everybody ' has' been laughiHg in their' sleeves at an annimosity which wa'sjpatently ' the ' result' of ' jeal6us v "'spU?e. |'Henniker Heatori is no an'gel, but lie Reserves' for haying forced h,is way against ? consider-' 'able odds, and it! 'was certainly riot the *role of t tlie'' Agent-General of his colony ' to' tr^' i 1 and make his rise more difficult.