Untitled

Wairarapa Daily Times, Volume 2, Issue 303, 30 October 1879, Page 2

The cable-repairing steamer Agnes recovered three knots ef the old cable, and subsequently five knots in good condition, which, with the five miles aboard, gives over thirteen miles—enough to enable them to repair the defective portions and take a different route for laying that portion which is now so much damaged, apparently by corrosion, in consequence of being laid over ground chemically injurious to the cable, supposed to be sulphur springs or copper, impregnated reefs, The Agnes will take soundings before laying the new bight down. It will cause increased delny to do this, but when effected the cable will be as good as new, The portion of the old cable laid in 18GC is almost as good as when laid down, but. the part laid down by the Luna three years ago was found to be quite destroyed by corrosion. The damaged portion ol the cable picked up by the Luna on the same line three years ago was also destroyed by corrosion. It is feared the operations will not be completed for another fortnight. It is stated on good authority that the Crown Agents have decided not to place the five million loan on the English money market till next spring (English). Tliu present time is" not considered favorable, but that in February and March the conditions and prospects will be much improved, It is supposed the Crown Agents have made the needful arrangements for advances required to meet the liabilities to be met during the next six months, so as not to force the loan on the market at an unfavorable period. Frank Nicholson, collector for Punch, charged with the fraudulent appropriation of a number of small sums belonging to the proprietor, amounting altogether to over £25, has been committed to take his trial. There was a curious cise in bankruptcy to-day, Henry McArdle, late polico sergeant at Masterton, was the insolvent. James McArdle, a creditor, was proposed by himself, seconded by himself, that he be trustee, and declared by James McArdle carried unanimously, The Registrar held, on appeal, that the appointment of McArdle as trustee was not good, The opposing counsel disputed and threatens to bring the matter before a judge.

The New Zealand Loan and Mercantile Agency send the following telegram under date London, 25th inst. :—The next wool sales commence on November 18. Up to date 70,000 bales have arrived,- The market is firm, Nearly all descriptions have advanced an halfpenny to one penny per pound. The prospects of the next sales are improving, Trade in the manufacturing districts is slightly better. Considerable private enquiry, Home buyers are purchasing freely; Continental demand limited, Tallow fair, speculative, demand. Market firm. Supplies of town melted light, The public sales of Australasian comprised 5500 casks. P.Y.C. is quoted on the spot at 44s per cwt; mutton, 395; beef, 3Ss per cwt. The wheat market is quiet. Adelaide is worth 595, New Zealand 57s per 49Glbs. The leather market is firm, Best sides fetched Id advance on previous rates; others unchanged. 7000 Australian sides have been sold since last report, Stocks are light, Basils, best, Is 3d, DUNEMN. Tuesday, Dick, in a private letter to a friend, gives an emphatic contradiotion to the report that if. another' Otago member is appointed a minister, he is that member. He will not take office, believing that as a private member he will be able to speak more openly and frankly as to the wants of Otago, NEW PLYMOUTH. Tuesday. The castings of the Taranaki iron at Evans' foundry were removed from the moulds to-day. They were found to be perfect. They comprise two railway bogie wheels, some magnets, tools, and ornaments, GRAHAMSTOWN. Tuesday,

Mr Douglas Yaux Kent was found dead this morning at Whitaker's reduction works.. He was [living at these works, which have been idle some time, having separated from his wife, and had been in low spirits for some time, owing to pecuniary troubles. He was a member of the Naval Brigade, and shot himself with

a carbine through the heart with a Carbine, AUCKLAND. , Tuesday, Mr Hurst has telegraphed to the meeting of electors to-night that it is unfair to pass judgment without a knowledge of all the circumstances. A little girl named Lowe fell over a cliff two hundred feet in height, at Barnaby's Point, Parnell, and was severely injured, but the injuries are not considered fatal, The Rotomaliana made a splendid trip to Sydney aud back on Bay of Islands coal. CHRISTOHURCH. Tuesday At a meeting of the Liberal Reform Association to-night, Dr Tumbull in the chair, and about sixty persons present, resolutions were passed condemning the action of the Auckland members in joining Hall's party, and of the Hall Government for using improper means to retain power. The meeting protested against the seating of Mr Richardson, and repudiates him as their representative, and pledges itself to assist by any legal means to exclude Messrs Richardson and SteV6HS from their seats in Parliament.