CABLEGRAMS.

Auckland Star, Volume XXVI, Issue 4416, 9 July 1884, Page 2

CABLEGRAMS.

[BY CADLI..-COPYRIGHT.]

[RKUTEIt's TKLKdHAMS.]

Commercial Report

Lonijon, July B.— Consols have advanced by 3s Bd, and aro now quoted at par. New Zealand securities are unchanged. Tho market rate, of discount has further doclinod to IJ, and is now J below the minimum bank rate. Colonial breadstuff's—Adolaido wheat off coast is selling at 38s (id ; quotations ex granary nro unchanged. Australian tallow —Beef, avorage quality, 35s (id ; mutton ditto, 375. Delivery of Mails. ' Tho Australian mails per steamship Iberia, from Melbourne, May 30, wero delivered to-day. Tho Franoo-Chlnoso Quarrel. Pauls, .Inly 7.—ln tho Chamber of Deputies to-day, M. Ferry, tho Premier, mado n statement regarding tho recent engagements botwoen tlio French and Chincso troops at Latigsoti, in Tonquin. Ho announced that from tho accounts which had boon received by the Government it was clear that tho French forco, which was going to occupy Lungson in accordance with tho treaty, lind been lod into a regular ambuscade by tlio Chinese. M. Ferry further stated that it was the intention of his Govoriimotit to demand from China ten millions sterling as reparation for tho outrage. It is currently stated hero today that the Government will order the occupation of Foochow by tho French troops, as a a guarantee for the payment of the indemnity to be demanded from China. Tho British King-Death on tho Voyage. London, July 7.—Tho stonmship British King arrived from Lyttolton to-dny. One death occurred on tho voyage. Tho High Commlaslonor of New Guinea. It is announced that the appointment of a Kesidont Commissioner ovor New Guinea will, in the lirst placo, bo only for ono \ear, the question of pormanontly appointing a British officor being deferred, ponding tho limil settlement of tho proposals of the Sydney Conference, and their approval by the various local colonial Legislatures. It is as yot undecided whether tho adjacent islands in tho Western Pacilic will bo placed under tho supervision of tho Commissioner resident in New Guinea.