THE SAN FRANCISCO MAIL.

Hawke's Bay Herald, Volume XXI, Issue 5284, 18 January 1879, Page 2

THE SAN FRANCISCO MAIL.

(Compiled if our San Francisco Correspondent.) ADDITIONAL NEWS. London, December 22. Sir T. M'Chire, Liberal, has been elected to the House of Commons for the County of Londonderry, defeating Mr Alexander, Conservative, by a majority of 611. The employers in the iron trade in the North of England claim before the arbitrators 5 per cent, reduction in consequence of the depression of business. The men claim that the price of labor is lower than it has been in the last twenty years. The Kaffir war is exciting interest. Vigorous measures have been taken for the suppression of the rebellion in the Transvaal. The mail steamers of the Cape lino have been hirod to transport reinforcoments. They sailed early in December. FOBEIGN MISCELLANY. Prince Gortschakoff has tendored his resignation to the Czar. The Count de Chambord thinks that if God grant wisdom to France she wiU

proclaim Hin Ki^g 1 , thus restoring tne\i ancient glory to the realm. is probable there will be war be-' ' Ween China ;and Russia. Mr Wade, the "British Ambassador to China, left Loia^ ; aon for Pokin on November 26 with instructions to consult the Viceroy; of India, en route regarding.the attitude he should assume in relation to the 'Russia, -jQpaa, anE # Kashg-ar. question. Jliei manifest a .disposition to conquer Kashgar, while§{&(s Chinese general, having defended the' Mohammedan dynasty and broken up the Kasharian army, declares he will permanently occupy that country. The question has an important bearing on the Central Asian difficulty, and may involve India with Eussia at other points besides Afghanistan. The Bulgarian Assembly, to be composed of bishops, functionaries, and notables, is convened for December 27, to prepare organic laws for the province. They will elect a Prince in April. . A Berlin correspondent says that he is informed on trustworthy authority that „ Eussia has been making enquiries con-f cerning a loan in Berlin. A Vienna despatch says that the Russian Government apprehends. Nihilist demonstrations on the 26th inst.,, A number of arrests were made last week, and it is announced that the temporary closing of the Universities :is seriously contemplated. These internal troubles are considered to be the cause of Russia's conciliatory foreign poleiy. COMMERCIAL. Liverpool^ December 21. Average California wheat 9s to 9s 6d ; club, 9s 3d to 9s 9d. '. . . . The Liverpool grain markets have been inactive, but the supply of home grown has been in most cases small, prices scarcely giving way. New York, December 21. „,., Gold and greenbacks were ,at par ' ' • throtighout the .week. Eates for calljloans closed at 6 per cent. •:—>:? Wheat is a shade firmer. Petroleum; /.j is unchanged. Wool is aotive. - : '<;4> Boston, December 21; Wool quiet, and prices are ruling': ii lower. Manufacturers are leaving the market, hoping to stock for the year.at low rates. Sellers are disposed . to meet the market. ' • ,■ '. f „ ,';'' :: " . San Francisco, December 23/^ K < . There has been very light businessjiere ' since the last report, and values are, substantially unchanged. The, ab^ence'r'of rain has a great influence on the market at this time, and farmers are unwilling to sell till the prospects are good. THe rains Qj v this winter are more certain, and then the '■'< low rates at which ships can be secured dcXv not allow exporters any margin, and'the : chief business done of late has been in loading ships on owners' " accountKi • Freights are stagnant, and rates nbiniitial, t while in general merchandise there ia i little 5 "" or no business doing aside from the "actiVa^ holiday trade. After the turn of the year, 4 " should rains commence, a/ much/better^ -';. state of trade may be noticeable^ but, at present it is useless to attempt to ccom.»-.K.---ment upon a lifeless market. - - . ./' -