LATEST ENGLISH NEWS.

Waikato Times, Volume III, Issue 132, 11 March 1873, Page 2

LATEST ENGLISH NEWS.

London, February 19. Wool lias become a shiyle lower si?»oe the Bales opened. 23.00 Q bfiles. have been sold, and 50,000 balci withdrawn. Tht'so iiavc been chiefly Victorian wools of a greasy sort. Buyerb operate cautiously. Messrs llelinuth an>l Schwartz, woolbrojtors report that the result of the sales is more unfavourable than was expected. The washed and scoured wools are l£d to iJd lowor than the Bpcpmber closing rates. The greasy sorti of wool, Ye f''^ 111 2d to 4d below the pne;s obtained last February. Tho despatches addressed to the Governor of ><cw South Wa[es on tho FijianQuestion have been, presented to Parliament j also a copy oj" instructions sent to naval ollipor* commanding lI. M ships m Polynesia The memorial sent home in 1870 for. the annexation ofi Fiji to Great Britain it bt;s been refused because a da facto Government hai hocn recognise 1. Tho Northern Verland leaves the Doclcs for Melbourno tomorrow. The cstimate4 decrease of the army expenditure- dnring tbe present year is £408,600. In a stirring artjoie ou tbe dearth of labour m tho Auitrahan colpives, tbe f^imes exhorts wording men to go where prosperity awaits t''em. Mr Ca;-4well, m tlie House of Common?, introduped^ the Army estimates, and indurated in his speech tha^ tho 14th section of the Mutiny Act is to be expunged, and \t was pro: posed that soldiers of tho British army should receire as paj a clear shilling i day over and above rations Mr Gladstone in reply to a question started- th&f tho AflPghan boundary had been decided according to tho best mean* of information available, and added that the whple majUer had been freed from frontier dillicultiea since the Ojus had been made the bonndary.. A thoroughly accurate survey was impracticable The negpci&Jbions respecting collieries in Wajes have failed, and the stnko still continues.

February 22. Commercial,'— New Zealand Consolidated Fives, 103$. Tallow (mutton), £40 to £15; beef ditto, £39 to £12 Australian supplies falling. Three hundred bales of New Zealand hemp have bsen sold at £31. The wheat market ii quiet. Cahfornian, 633. The Times states tlmt the «tock of grain and flour in London is materially diminishing.

February 26. The wool market was better yesterday. French buyers operated freely. Prices were unchanged. 'Die exports to Australia for 1872 exceeded those of 71 by four millions , The Government nre taking measures to r-eitore to thoir homes the savages kidnapped by the brig Carl. The right of searc i has been retained o\er vends carajing the Fijian flng- _ , nm

February 27, The press ia criticising the Affghan boundaries because the Oxiu intersects Badukshan and Wapbhan, which hare been assigned to tho Ameer of Afghanistan. Switzerland has recognised the Spanish Republic Portugal: is quiet. Italj, Austria and probability the majorty of the European Powers will maintain diplomatic relations with Spain uutil a regular government has been constituted.

Marqb L The Privy Council have reversed the decision of the Melbourne Court in the case of London Chartered Bank v. Len> priere. The bank loses 414,000. In eouunitteo on the Army Estimates, a motion to reduce the army to ten thousand was rejected. The Government stated that they had information last May that Persia and Russia had agreed to make Attruck river the boundary line. Bam, March 1, There was ft fresli cvisia at Versailles after Garabett&'i great speech denonncing the proposals of the Committee of Thirty to Thiers. The debate was adjourned to enable Thiers explicitly to declare whether the new bill means a Kepublic or a Mon&rchy.