LATE CABLE NEWS. [REUTRE'S TELEGRAMS.] London, December 18.
Tmk frozen iiij it by the steamer Orient, fid it Mellviunu', i-> being sold at 4d per lb. Tin' ship Mul-couit, which went a^hoie on the (Jl.unngan coast on the 10th instant., is bomg unloaded, but the work of landing the railway mateiial is \eiy slow in consequence of the violent weather. Messrs Unmister predict a bright future for Australian wines, especially the lighter qmlitie->. Messis Boumphrey and Co., corn merchant-<, of Livnrpo il, hive f tiled, wit!) liabilities anionntiug to i;-V),00O. The Midland X lilway Company of New Zealand will not proceed with the allotment of >»h ires, in only a few applications have been received. When receiving a deputation urging impioved postal and telegraphic airangements between England and the colonies Mr Raikes, Postmaster-Uenoral, deprecated any anticipation of decisions which should be arrived at by postal arrtn-juinents would be discxmsed. Hu consids'ivd that the ieduction of telegraphic rates would be better effected by rivalry of different companies than by subsidies being granted.
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Waikato Times, Volume XXVII, Issue 2255, 21 December 1886, Page 2
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171LATE CABLE NEWS. [REUTRE'S TELEGRAMS.] London, December 18. Waikato Times, Volume XXVII, Issue 2255, 21 December 1886, Page 2
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