NEWS BY CABLE

Wairarapa Daily Times, Volume VIII, Issue 2471, 8 December 1886, Page 2

NEWS BY CABLE

(BY BLECTR'.O TELEGRAPH.—COPYRIGHT RKUTSR'B TELEGRAMS. Adelaide, December 7. Accounts from Teetulpa continues to be conflicting. It is known that the English, Scottish and Australian Chartered Bank bought 687 ounces of gold last week, but on the other hand diggers who have returned condemned the field. Brisbane, December 7. The Government have received a telegram from the Agent-General in London, stating that tho Secretary of State for the Colonies has intimated that the Imperial Gouernment deem it unnecessary that British sovereignty should be proclaimed over New Guinea, as the defence of that country is adequately secured by tho protectorate. Mr Stanhope further states that if annexation and protection aro required the Colonieß must find the necessary expenditure. London, December 6.

Three per cent Consols have risen I per cent, and are quoted at IOOf j New Zealand 5 per cent 10.40 loan, 102 j New Zealand il per cent 5-30 loan, 99J; New Zealand.insoribed stock, 97. Colonial breadstuff's remain unchanged at previous quotations, An the colonial wool Ruotions today, 8400 bales were offered, the market being dull. The Peninsular and Oriental steamer Ganges arrived at Plymouth to-day. The homeward Australian mails per Orient steamer Potosi were delivered in London to-day, via Naples. . Piio Janeiro, December 6, The Shaw, Savill and Albion Company's B.s. Doric, which left New Zealand on November 25, departed yesterday morning, her cargo of frozen mutton being in good condition. Melbourne, December 7. The statement that a second instalment, amounting to £3.000,000, of the authorised Victorian Government loan of .£8,000,000 would be placed on the London market in January is confirmed 1

The Chamber of Manufactures lias approved the proposed Exhibition to be held in 1878. .

Sydney, December 11. The Union Company's b,b. To Anau arrived yesterday afternoon, The Corangatnite's passengers, numbering 54 saloon and 38 steerage, have arrived here. Latest reports' from Jems Bay state that the vessel is in a critical condition. Melbourne, December 7, ' It is intended to invite their Royal Highnesses the Prince and Princess of Wales to the inaugural ceremony •in connection with the Centennial Exhibition in 1888. Tho preliminary arrangement for the exhibition are being rapidly.pushed forward, and the area allotted will largely exceed that of the exhibition of 1880. Commissioners will be appointed both in Melbourne and London, The Government have received a telegram from the Agents-General, oolleotively, stating that the basis of the Imperial Institute has been remodelled, It will bo called the Imperial Institute of tho United Kingdom, the British Colonies, and India, eaoh controlling its own section. The Committee contemplate holding periodical exhibitions of specific industries and products.

The Union Company's s.s. Tarawera sailed this afternoon for the Bluff.