CABLEGRAMS.

Wairarapa Daily Times, Volume 6, Issue 1606, 11 February 1884, Page 2

CABLEGRAMS.

Reuter's Telegrams.

[by electric telegraph-copyright.]

LONDON, February 1. Received February 9, 10.5 p.m.— 'lhe statement that the Mediterranian Squadron has been ordered to rendezvouz at Souakim is incorrect. The Squadron is not about to proceed to the Bed Sea, but a force of, 1200 marines is to be drafted from the ship 3 under Lord John Hay's command for services at Souakim, and. will be despatched thither at an early date, A further force of 800 marines that are now stationed at' Portsmouth is also under orders to proceed to the same destination.

•SYDNEY, The Government Bill for validating the seats of Messrs Keid, . Sutton, Cohen, and others whose elections .were irregular, has been laid aside, and is to be reintroduced.

LONDON,.. February 7. The total reserve in the Bank of England in notes and bullion is now L 12,200,000, being a decrease of £400,000 during tho week, The proportion of reserve to liabilities has fallen to 40 per cent, The bank rate of discount has advanced to 3| per cent; market rate is I

3 per cent. :; ! Consols have declined to 101. New Zealandsepuritieg Remain as follows: —5 per cent .10:40 loan, 105; 5 per cent 1889 10au,,403£; 4| per cent 1879-1904 loan, % ex div.; 4 percent inscribed ctoek, 100.

' Adelaide wheat ex store remains at 445, and new Zealand ditto at 36s to 42s ; Adelaide.flour ex wharahouse, 31s Australian tallow— average quality, beef, 39s,muttonj- 425. Scotch pig iron, No. 1, f.o.b. in Clyde, 46s per ton; galvanised iron,,-Gospel Oak, corrugated, packed in cases, f.o.b. in London, has ad vanced to '£[ Bloß. The. wool market continues quiet. New arrivals to date for next auctions amount to 250,000 bales. -■ SYDNEY, ■- ; - ■ ■ Februaryß. New Zealand wheat per bushel, 3s 4d; New Zealand 1 oats, 2s lid; maize 3's; Sugar Company's No 1 pieces per ton £34...■...