(Per Electric Telegraph— Copyright.) (Per Press Association.) (Recoived noon, Jnuo 2Gth.) NEW ZEALAND SHIPPING COM PANY. LoNnow, June 25. At a meeting of shareholders of tho New Zealand Shipping Company, which was poorly attended, it waa decided to write off £2 per shire, and also thot oach share should carry one vote. Sir J. Gorst stated that this would enablo the company to pay a dividond. THE LICENSING PROPOSALS. The Speaker of the House of Commons ia diaposod to agree witb Air T. Boaley's objection that the Government's proposal to let tho licensing fund accumulate, is not sufficiently m compliance with the Budget Act, It is expected that tho Go vernment will abandon the wholo of the licensing clauses. THE EGERIA COURT-MARTIAL. A conversazione at the Imperial Insti tute waa attended by three thousand people. Lord G. Hamilton, First Lord of the Admiralty, m reply to a question, said that tlie comments of the colonial Press on tho composition of the Egeria court-martial were not justified. (Recoived 12.30 p.m., Juno 2Gth.) COMMERCIAL. Tho quantity of whoat and flour afloat for the United Kingdom ia 2,582,000 quartors, and for tho Continent 020,000. The American visible supply is estimated at 21,088,000 bushols. Best tallow, beef, 24i Gd to 25s ; mut ton, 253 to 25a Gd. (Beoeived 1.15 p.m., Juno 2r3tk.) COLLISION IN THE CHANNEL. A collision occurred m tho English Channel to-day between the Ethel, bound from London to Brisbane, and the Am bilo. Tho Ethol suffered considerably 'and sank m a fow minutes. Mr Whito, one of horpiißaongors, tho steward, and tho second mate, wore killed by a falling spar> and one of tho crew of thu Ambilo avns also killed. Tlio remainder of thoso on board tho Ethol wero rescued. POLITICAL. Tho Housing of the Working Olaaeos Bill haa been reforred to a Grand Com mitteo. DIVISION OF AFRICA. Berlin, Juno 25. At tho requost of tho Emporor, tho Reichstag doforrod the debate on the Anglo-Gorman agreement on Africa until the settlement has boen ratified by Eng land. PRUSSIAN MINISTRY. Dr Miguel hns replaced Dr Scholz aa Prussian Minister of Finance. THE SILVER BILL. Washington, Juno 25. The Coinage Committeo hove rejected tho Sonato's amendments m tho Silver r Bill, nnd recommond a conference of the I two Hoiißes. I SWAZILAND. Pretoria, Juno 25. England's proposals with regard to Swaziland aro unacaeptablo to President Krugor. 