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New Zealander, Volume XV, Issue 1365, 18 May 1859, Page 1 (Supplement)

War between France and Austria still appears to be imminent. Lord Cowley had arriveu from Paris specially to confer with the Ministers on the aspect of continental affairs, and was to leave immediately afterwards on a special mission to Vienna. Lord Palmerston gave notice, on the 25th February, that he would direct attention to the present aspect of European affairs. The Congress for the settlement of the Danuhiau Principalities was about to meet at Paris. The accouchement of the Princess Frederick William of Prussia had taken place. Her Royal Highness gave birth to a son. Prince Napoleon was married to Princess Clotilda, of Sardinia. Victorian debentures are quoted at 111. Consols, low, at !)5. Wool. —The next wool sales will take place on 24th February. Stocks on hand are limited. The manufacturers say that easier prices cannot be looked for at present, but next Slay, as stocks will increase, there will be a reduction of 2d. to 3d. per lb. During the present series of sales wool will probably command long prices. Scarcity of R ood fleece will cause great competition, and an advance ot 1 Jd. per lb. may be fairly expected. The supply of tallow was falling short for all descriptions. The demand has been generally pood, and the prices high. Mutton, 51s. 6d. Beef, 50s. [_FROM OUR MELBOURNE CORRESPONDENT-J Friday, 7‘30 p.m. The Oneida arrived at the Heads this afternoon with news to the 10th of March. Parliament met on 23rd February. Queen’s speech was well received at first. The war cloud is believed to be blowing over. Telegraphic advices, dated London, 10th March, rtate that the Ministry had resigned, and that Lord Palmerston had been sent for by the Queen. The opposition to the Government Reform Bill is said to he the cause of the resignation of the Ministry. Consols 95J. The rumours of war, and the extensive military preparations on the Continent, were causing great timidity on th« part of buyers in the Money Market. The operations in the London market were of a very limited character, and holders w.ne generally'quite disposed to meet the market. Shipments to Australia were slightly declining. Stocks of wool in the hands of manufacturers were limited, hut buyers were looking to effect « redaction of- 2d. to 3d. per ID. at the May ■ales. Sydney wools, good fleeces, are expected to command an advance of IJd. per II). The Great Eastern steamship has been registered at the Customs free from incumbrances. The Oneida is now coining up the South Channel. [From the “Sydney Herald," May 2.] We kave been furnished by our Melbourne Correspondent with the following particulars of the news by the Oneida, in addition to those published on Saturday : [By Electric Telegraph.J " MELBOURNE. PROM OUU CORRESPONDENT. Saturday, noon. LONDON STOCK EXCHANGE, MARCH 10. The fail which took place on the Paris Bourse, coupled with the arrogant tone adopted by the semi-official Press at Vienna, has given a check to the buoyancy lately prevalent in the Stock Exchange. The public mind is still imbued with a feeling of distrust, and even should the future course of politics be perfectly satisfactory, which is scarcely to be expected, the growth of confidence of late so rudely repressed, must be very gradual. Consols closed yesterday at to j for the account; for money, the last price was Off to F The official business report is as follows : Three per cent. Consols for money 90£, for account W OOL. The state of the Wool trade has continued to he satisfactory. The mills working full time. The stocks are being reduced to the smallest compass. An advance at the forthcoming sales, which open on the 24th instant, is generally anticipated. The number of bales to be offered will probably 7 amount to 23,000, of which about half will be Cape wools. “The business transacted by private contract during the month has been considerable at full iirices. In alpaca wool, some considerable sales iavc been made.” Thursday, 10th March. FOREIGN INTELLIGENCE. In an article in (he Paris Monileur , the Emperor denies that France is now making warlike preparations, or that the effective force customary during peace has been exceeded. The Emperor is now examining the various reasons ot the present complications, so as to meet them in a diplomatic way ; and nothing authorised the belief that the issue will not be favourable to the consolidation of peace, Jkmce Napoleon lias resigned the portfolio of Minister of Algeria and the Colonies, and has been replaced by M. R< user, Minister of Agriculture and Commerce, <t</ interim. The French manifesto has produced a favourable impression, but confidence in the preservation of peace has only been partially restored as i/rt. Nothing is yet known of the result of Lord Cowley’s mission to Vienna, but rumours of its success are reported from Paris. -The Monileur contradicts the assertion that the french troops bare left Rome preparatory to embarking for France. . He Vienna Gazette intimates that Austria will insist upon the complete maintenance of its special treaties with the Italian States. Austria has, according to the Council of V tetmn, proposed to the federal Diet preparations for war. The pacific article in the Paris Monileur is ®jnd to have produced a very favourable impression at Austria, and hopes of the maintenance of peace, but the Vienna journals continue to maintaui a warlike tone. The war preparations have not subsided, and 'he Austrian Italian army has been placed on a "ar footing. Sardinia has called out the contingent, in consequence ot the Austrian army in Italy being placed «n a war footing, Ihe "Prussian Government does not for one moment doubt that it will he able, in concert *ith England, to preserve due respect for existing treaties. The grounds of hope have increased 'he last few days. Hie Vienna official journals announce that the r «iuest of the Poj re for the evacuation of his j by by foreign troops, will becomplied with byt„ustria: The official circular, urging German powers to combine against the threatened aggressions from France and Austria have been now Published. i'he French Senate have declared, by a majority ? 10 to 4, that they would not examine a peace midget in presence of demonstrations on all sides, ■of a war budget would he required. , Hie United States Government had received Information of the intention of England to carry put the provisions of the Clayton Buhver Treaty, •U accordance with the American view of their application. , public subscription to cover the Sadn an Loan had been opened at Turin wilh per'eot Success. 1 Warlike preparations are lying carried on.

ihe (jazette cle Fetersburgh gives a decided approbation to the speech of the Emperor Napoleon, at the opening of the Session. The health of the king of Naples continues in a most precarious, state, and disables him from attending to public affairs. The Princess Royal was safely delivered of a son exactly one year and one day from date of marriage. The resignation of the Derby Ministry took place on 11th March, so says a telegram to Malta. A notice of motion against the Ministerial Reform Rill was on the paper of the House of Commons for the evening of the 10th of March. No doubt was entertained of the defeat of Ministers. Public feeling has been very forcibly expressed, both in town and various parts of the country, against the Government Reform Rill, which is loudly denounced. Rumours of further impending changes in the Cabinet are still afloat, and the strong opposition against the Reform Rill is regarded as threatening the stability of the Ministry. Our Government has impressed on Sardinia in the present delicate state of affairs, to take no step that might give occasion for rnmonstrances on the part of Austria,and advising a pacific course. On 9th March, the Ministers were defeated on the Church Rate Rill. Lord Jlardinge, Mr. Walpole, and Mr. lleuly, had previously left the Ministry.