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CABLEGRAMS.

[I'KB PEESS ASSOCIATION.— COI'YIUOHT.]

London, August 2.. The English wheat market show a general advance of sixpence. The Continental markets also show an upward tendency, whilst in the American markets prices are advancing firmly. The average price, for English wheat "is now 3)s I'd. A large number of foreign cargoes have arrived. Nearly all the off-coast cargoes have been sold. The total quantity of wheat and floui afloat for the United Kingdom is 1,088,000 quarters, and for the Continent 47-,000. The American visible .supply of wheat is '20,250,000 bushels. Mr Licht, the sugar expert, estimates that the European bed crop for the current season will amount to 1,7")0,000 tons, being a surplus of 01.'>,000 tons over the estimate given in June last. Admiral J. K. Erskinc Baird, who noted as comuiander-in-chitf of the blockading squadrons in the recent naval manautvres, asserts that the weakness of his squadrons compelled him to confine, his attention to the defence of the city of London. There is an anxious feeling on the Continent in respect to the dispute between France and Italy over the Massowah difficulty. August T>. Two Australian wheat cargoes have been Bold at 37s od. The BlongfeH's cargo realised tho same price, while -1501) quarters of Adelaid-i shipments for prompt delivery were sold at 3!Sb lid. It is reported that tho Admiralty have determined upon an immediate increase of ironclads and fast cruisers. A tentative agreement lii.i been arrived at between the whipping ring and tho Australian Mutual Shippers Association, _by which rates have been assimilated. The committee appointed by the shippers and brokers aru organising a regulation of freights. An extensive collection of education exhibits, fnn.ished by tho School Boards, lias been shipped for the Melbourne Exhibition.

Australian frozen meat is quoted nt -l;d Bkklis, August 21.

The attempt of tho l'ortc to enlist the sympathy of Germany (in a note protesting ngainst the Italian annexation of Mas-ownh) has met with a *hag) rttjii/f lit tlio limits of Count llnrliort Bismarck, Secrotary of State for Foreign Affairs

Rom:, August 121

Signor Cripni has left for Berlin to c;>n*ult with Prince Bismarck with reference to the Musrtuvvuh difficulty.

Paris, August 21

The acrimonious tone adopted by Signor Crispi, the Italian Premier, in his vqilies to M. Goblet, the French .Minister for Foreign AiFairs, respecting the Italian occupation of Massowah, is greatly irritating the French people, and it is believed that Germany is fomenting the quarrel between Fr.inee and Italy.

DuiiuAN, August 21. The reserves raised against Dini/ulu have boon disbanded.

C.M>ui., August 21. Ishuk Klinn lias rebelled uiraiust tlio Ameer.

St. Pin-icLsianui, August 22. Two Kussi.in t'irpodo boats lnive been despatthed to Vladivostock.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DTN18880824.2.30

Bibliographic details

Daily Telegraph (Napier), Issue 5306, 24 August 1888, Page 4

Word Count
443

CABLEGRAMS. Daily Telegraph (Napier), Issue 5306, 24 August 1888, Page 4

CABLEGRAMS. Daily Telegraph (Napier), Issue 5306, 24 August 1888, Page 4