TELEGRAMS.
ENGLISH AND FOREIGN. London, July 6. Mr Gladstone, in reply to a question put to him in the House of Common* today, stated that the Government did not intend to propose* a war credit at present, as existing facta did not justify such a request. July 7. The market.rate-of discount has been reduced to 2 per cent ; bank rate, 3 per cent." i! ! ■ - ’ ’ * + ; ' Adelaide wheat,* ex store, has risen Is to 52s ; New Zealand, ex store, has also advanced Is to 30s ; Adelaide flour is quoted at 86s, an advance of Is. The , total quantity oi wheat afloat for Great ;! Britain is 207,000 quarters, or 4000 , quarters more than last week.
Australian tallow—Best beef, 43s 6d; best mutton, Ms 6cl. Galvanised iron, 26 gauge, £lB. July 8.
Consols are unchanged at 99§. New Zealand 5 per cent 10 40 loan has advanced to 1065 ; and the 4-|- per cent loan to 103. The 6 per cent 1889 loan is unchanged at 106. C St. Petersburg. July 7. The death is announced .General Michael Skobeloff, aged 39., AUSTRALIAN CABLE. MELBOURKe, July 7. In consequence of the crisis in Egypt, the Orient Company’s steamship Austral, which leaves Melbourne on the 10th inst., will proceed to England via the Cape instead of through the Suez Canal. The agent of the . Orient Company has received a telegram from England stating that Insurance Companies are now demanding a quarter per cent war risk. July 8. It is understood that Messrs Goldslx rough and Co. (Limited purchased the business of Messrs and Co., in Sydney. Shares in Goldsborough’s Company are consequently in demand, and have advanced in price.
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Temuka Leader, Issue 9429, 11 July 1882, Page 1
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273TELEGRAMS. Temuka Leader, Issue 9429, 11 July 1882, Page 1
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