AUSTRALIAN.

Thames Star, Volume XIV, Issue 4375, 11 January 1883, Page 2

AUSTRALIAN.

[Received; January 11, 12.30 p.m.] g

Meiboubne, 1 This day.

The failure of the Victorian Loan in London is attributed to the high minimum, which is believed to have deterred wholesale application. It is stated that the Colonial Treasurer : is hopeful that the balance of the ioan;w.ill be subscribed by Monday; next. :The local Press condemn the delay ' which {occurred in issuing the loan, thus losing a favorable opportunity in the London market.

Lady Jervois is at present indisposed, and will remain on Hoard the steamship Clyde, instead of proceeding overland to Sydney. '

Sydney, Wednesday.

The re-election for East Sydney of Mr 12. H. Held, the Minister of Public Idstruction, will be opposed by Mr Alfred Elkington.

The programme which is about to be' laid before, the Legislative Assembly by the new-Government embraces an amend- i ment of the land laws and the Civil Service Act, reform of the ciiminal law, and provision for a large measure of local self-government. . [

MelboxjeNE, Yesterday,

The failure of thejoan.in tbe-London market is a, complete surprise, and the subject.is a topic of general interest at the present moment.

Sir William Jervois, who arrived from Adelaide by the steamship Clyde last night, wilLprqceed by her to Sydney, and thence to' Wellington; b^; the Wakatipu.

At their wool * sale to-day, Messrs GoldsborQughjand ;Co. (Limited) offered 3300 bales. 2375 were sold at satisfactory prices. Superior greasy realised up to 13|d, and good scoured to 22d. . ' , The Melbourne bakers to strike for an increase of wages.