LATEST TELEGRAMS.

Wairoa Bell, Volume V, Issue 175, 9 December 1892, Page 5

LATEST TELEGRAMS.

Auckland, Friday, noon. No Bites. No tender was received in London for the 17,500 tons of steel rails to be manu« factured in New South Whies. There is an impression that iron masters fear a labour struggle ; there is also an uncertainty as to protection in that Colony lasting. Agricultural Conference. Three thousand persons were present at Agricultural Conference in London yesterday. Resolutions were passed that imports which compete with English agricultural industries ought to be taxed the same amount as home products. Jasper Moore, M.P., said that a duty of 10s on American corn would produce five millions and release agricultural interests. Other speakers contended that foreign and colonial imports were ruining the dairy industry and urged that imported meat be subjected to the merchandise marks law. Ihat retailing butchers should be licensed so that public would not be misled into buying Colonial for English meat. A resolution in favour of bi-metal ism was carried, Broken Hill. The St, James Gazette says it is glad to see that Mr O Counor had grit enough to keep the Broken Hill strike leaders in prison'in spite of the efforts of the Trades Unions, It is supposed that the fall in Broken Hill stock in Sydney and Melbourne wag owing to one of the Melbourne banks throwing upon the market a large number of shares in Proprietary mine. It is reported that a syndicate that recently made heavy purchases of shares has thrown them on market again at prices quoted in New South Wales. Jay Gould. Jay Gould specially bequeathed a million pounds to his son George in recognition of his remarkable business ability ; and the remainder of his wealth equally among his children. Nothing has been left to charities cr public institutions. Our Trade With America. American imports from Australasia during 1892 show an increase of two and a quarter million dollars. Russia and the Pamir, China claims the whole of Alichur in the Pamir. The Chinese Minister in St. Petersburg states that his Government consider the encroachment by Russia very seriousiy. A Melbourne Crash. At the meeting of Sir M. Davies’ creditors a statement was submitted showing liabilities £131,021 ; assets £26,769. The principal secured creditors are Bank N.S. Wales £25,000, Bank of Australasia £l6, 500, Commercial Bank £6,000. The Australian Mutual Provident Society holda mortgages over hi 3 property to the extent of £40,000. Steel RailsOnly one tender was received in Sydney for the manufacture of steel rails in the colony: the amount has not been mado public. The Waikomiti Sensation. The charge against Scott of Waikomiti comes on for hearing today and is expected to last for several days, Racing NewsMorgauser is firm first favourite at three to one for the Auckland Cup, although St. Hippo, if definitely known as a starter, would probably go ahead in quotations. Air L. D. Nathan yesterday purchased The Dancer from Lynch of Coromandel for £4OO. The MarketsIhe General market is fairly brisk owing to the approach of Christmas, Competition between merchants is extremely keen. Maize is in good demand at 3s and 3s Id off wharf. Eggs show active demand at Is. Kauri gum shows move signs of firmness. All extra qualities are in good demand. Poor ordinary is quoted at £4O to £ls, Ordinary £SO, Superior £52 upwards, East Coast £7O to £72,