NEWS BY CABLE

Wairarapa Daily Times, Volume VIII, Issue 2485, 24 December 1886, Page 2

NEWS BY CABLE

(BY ELECTRIC TELEGRAPH—COPYRIGHT Reuter's Telegrams. London, December 22. TUree per cent. Consols have fallen and are quoted at par. New Zealand Government; securities remain unchanged at previous quotations. Adelaide wheat, 38s 6d; Adelaide flour, 26s 6d; New Zealand wheat (lowest), 32s (highest), 36s 6d; Australia!! beef tallow, 24s 6d; mutton tallow, 295, The ship Western Monarch, which recently put back to London severely damaged, lias again sailed for Wellington. Per Merchant Shipping and Under writers Association.—London, December; 23. A rrived -Ship Elinor Vernon ;from Auckland. '

' .. December 23. Lord Randolph Churchill, Chancellor 'of the Exchequer, has resigned, declining to embody in tho Budget the, Army and Navy Estimates, ' which lio • regarded as excessive, and Dot required by the condition of foreign affairs, He. also expressed dissatisfaction with the Conservative legislative programme, TJi'e'Tiraes considers thp resignation of Jord Randolph' Cliurchill as ill-timed. ajiid imprudent arid advises a coalition between the Conservative party and Lord Hartington, who ic suggests should be leader in the House of Commons.-

' lladeria, December 22. * The New , Zealand Shipping ■ Com : pariy'a E.M.S. JRuapehu, whichjeft Plymouth- on December 18, arrived this afternoon, en route New Zealand.

Melbourne, December 2j. It is expected .that Mr Green, Chief Engineer of the Victorian Railways will succeed the late Mr J. Aggas member of the Railway Board;

Several Customs frauds have been discovered by the authorities, and in each case the importers have been heavily -fined. It is believed that the Customs officers have connived,at the frauds. Further disclosures are expected shortly.

Harvest operations are rapidly progressing in various, parts of the country. Me'ssrs E. Goldsborough &

Company, in their weekly circular, anticipate that double the amount , of wheat will be available for export from Victoria tliis season than was exported 7 A'rriyfcd, last ' evening—Wairarapa. .Cijief Justice Higinbotham waa a - paßseijgeEvby; ,thd Rotomahana for New Zealand,yesterday. ; . ..

•" Adelaide,- December 23. ; ,Ike ; fftilurb is aiinounced of Stilling and .Co., merchants of this city, their liabilities'amount to £121,000, and their assets are set down at £BB,OOO, ' Sydney, December 23. Sailed, yesterday afternoon—Tekapo for Wellington. , ' " - . • The steamship Odrangamite . has gone to pieces and .become a total wreck. \ ■ -.7'•

Tho Union Company's s,s. Waihora sailed this afternoon'fot Auckland, The certificate of the captain of the Goraugamito Has beta for 'six months. ■ 1 •;

Itisprobable-thatthe Hon. O.K. Maokellar will succeed. Mr Fletcher as Minister of Minfes. • V' Paris, December 33.- • Ajlette'r.-is published,itv to-day'? issue ot le Temps, from an dent,'stating that agents employed by the British Government! had incited the Soinaulis to the massacre of the captain'and, crow of the Frendh• war vessel Penguin on the2lstofNovember last". This was done, the lettfir alleges in consequence of their fear of French annexation,

Melboubne, December 23. Messrs B, Goldsbrough and Co. held their weekly sale yesterday-afternoon. The 'attendance of buyers were large, and competition was brisk, especially for. dry merinoes in good quality.. The catalogue comprised' 4100 bales, The total number sold during the week was 3600 bales. Scopred wool sold up to 17|d, and.greasy to lOd. 7 : : Geneva, December 22. A snowblock'las occurred on the Swiss and Northern and Central German, railways, ,in consequence of which the mails were delayed for two days. .: