LATEST CABLEGRAMS

Inangahua Times, Volume XI, Issue 1678, 15 March 1886, Page 2

LATEST CABLEGRAMS

I BY ELECTRIC TKI.EGRAPII— COPYRIGHT. Received March 18th, 12.45 p.m. Sydney, 13. The news of the sale of the steamers Australia and Zealandia to the Oceanic Company is officially confirmed. London, 12. The libel action — Bryce v. Rusden, which has been in tbe course of heaving during the past eight days, was concluded today, when a verdict for plaintiff was retnrned, damages being assessed at £5,000. Application by defendant's counsel to stay execution was refused. Received March 18th, 2'a.m. Londov, 12. The details to hand in regard to the railway collision near Men tone, show that the accident was considerably overstated at first. Only two lives were lost in the collision, neither of the victims being English. The weekly returns of the Bank of England published to-day show the total reserve in notes and bullion to be £14,600,000 The proportion of the reserve to the liabilities is 46 percent. The Colonial Agents-Generals will interview Sir William Yernon Harcourt, Chancellor of t!io Exchequer, on Tuesday next on the subject of reduction of duties on Colonial wines coming into England. Mr Holdsworth thinks it probable a reductiou may be made from 2s 6d to 2s 9d per gallon. Constantinople, 12. A preliminary meeting of Ambassadors has approved of the amended form of agreement on the Roumelian question. Sydney, 12. The Alameda, from San Francisco, via Anckland, arrived this morning. New Zealand wheat shows a slight improvement on last weeks' quotations. Oats are lower ; maize shows an advance in value ; New Zealand wheat, 8s 9d per bushel ; New Zealand oats, 2s 8d ; maize, 561 b, 8s 9d. Hobabt, 12. The s.s. lonic, from London, arrived this morning, and sailed for New Zealand this evening.