TELEGRAMS.

Temuka Leader, Issue 243, 16 March 1880, Page 2

TELEGRAMS.

ENGLISH AND FOREIGN.

London, Maich 11. The total riser • in notes and bil ion in the Bank of England is L 17.968,750.

March 12.

Information has been received from Shanghai that a serious revolt of Chinese at Pekin has taken phice. Cliing How, a high Chinese official, has deen beheaded by the rebels. At the wool sale to-day 9200 bales were offered, making a total of 181,300 bales catalogued sinco the opening. The tone of the auction continues firm. The average advance in prices over last series is now 12| per cert. In the House cf Commons to-day the Chancellor of the Exchequer delivered his Budget speech. In the course of it ho showed that the revenue tor the past financial ye>»r amounted to LBO 860,000, and the expenditure to Ho estimated the revenue for the ensuing financial year at L 81,560,000, and the expenditure to L 81,485,000. To meet tho past deficiencies, L 6.000.000 of Exchequer Bills will be converted into terminable annuities. There will be no increase of taxation.

Three per cent consols, 97-f. Tho total quautity of wheat afloat for Great Britain is 1.800,000 quarters. The wool sales have closed, the quantity sold being 190,000 bales. There weranons held over.

March 13,

Tho Hon Mr Gladstone, in a speech delivered nt Marylebona, said he believed that Earl Derby would henceforth be associated with the Liberal party.

AUSTRALIAN CABLE. Brisbane, March 15. A petition having been presented to th» Governor praying for the commutation of the sentence of death passed upon Joseph Wells, found guilty of shooting William Murphy with intent to murder, in connection with the sticking up of the National Bank at Cannamulla in January last. Ilia Excellency has had the case under consideration, but has refused to commute the sentence of death. Wells will be hanged on Wednesday next.