NEWS BY CABLE

Wairarapa Daily Times, Volume VIII, Issue 2409, 25 September 1886, Page 2

NEWS BY CABLE

(BY RtiKCTBTC TELEQBAPH COPYRIGHT/ Kepter's Teleobaub. ' Sydney, Septemqer 24. Jn the Legislative Assembly last night, the proposals of the Government for the celebration of the centenary of Australia were rejected. The loss by the destruction of Cameron's tobacco factory is estimated at £BO,OOO. The insurances amounted to less than half that sum. The total amount for which Messrs Cameron <fe Co.'s factory was insured is £42,000. Of this, £IOOO was insured in the South British Insurance Company of New Zealand, £IOOO in the National, £IOOO in the Standard Insurance Company of New Zealand, and £I4OO in the New Zealand Insurance Company. September 24. New Zealand wheat is selling at 4s 3d per bushel. New Zealand oats 2s 6d per bushel, maize 3s 3d per 561b. The Sugar Company's No. 1 pieces, £25 per too. London. September 21. At the colonial wool auctions to-day 14 200 bales were offered. The tone of the market continues strong. London, September 22. At the wool sales to-day, 13,800 bales were offered. The tone of the market is strong. New Zealand securities remain unchanged. New Zealand prime mutton is selling at from 4£d to 4£d per lb, Australian beef tallow is selling at 23s 6d per cwt, and mutton tallow at 265.