LATEST SPECIAL TELEGRAMS.

New Zealand Herald, Volume III, Issue 892, 22 September 1866, Page 7

LATEST SPECIAL TELEGRAMS.

;ii3i?® ! S?S v London, 27th' July; . : Cotton lirm. ;? Tbe Atlantic cable lias been successfully laid. ;4f committee have recommended y;weekly .mail to Bombay,, and a direct. liner of ;elegrapli via Alexandria. !. , ' .y.. i:' '28th .July.' ' of peace "were signed yesterday, and in " armistice indeli lately ■■ proclaimed.....-Prussian iroops remain in -Bohemia and Bavaria. The Keform League was refused permission by. 'iovernni.ent to assemble in Hyde Park. . -.The Liverpool cotton market is iirnier. with noderate demand. 2!>tli -Inly.' of peace have lxien ratified. \ustriare.eognises Prussian arrangements for the 'utureof Germany and Italy requires the unconditional Union of Venetia. by ptelnncltinn. . 2nd August. : & |-,The , tnu , p' bofcwtiiji Italy and Austria has been iroionged for eight days pending Austria's reply, v, r . ilr. l.ladstone's Church liate Abolition Bill has jeei i I'cad a second time. .... .;. '-fciS/'Sijij|The cotton, market is ojuiet. 3rd August. '■ ;?*T\iu'r weeks armistice is proposed behveqw. Italy Hid : Austria, the basis being the ijn.conditio.nal session <(f Venetia, The total sales ot cotton during-the week amount ;o 70,()0t) bales, and of .Surats, 40,000 bales. Total mports of week, SO, 000 bales, and of Surats, 00,000. L'he total stock of cotton amounts to 900,1)09 bales. .'lril August.. . s:An armistice is proclaimed, and preliminaries for i month's peace have been agreed upon. Austria is ;xeluded from the new German Confederation, and sto pay a war indemnity-of 20,000,000 tlialers. Victor Emmanuel is at P;s,dua.. An Italian iroclamation has.bee.il issued for the reconstruction >f Venetia. The Atlantic, cable was successfully laid by tlie : jlreat Eastern, and communication with New York s perfect. The Queen and President Johnson have jxclianged congratulations on this great event. Monster lie form meetings were held after the rlyde Park atl'air, but they passed off fjuietly. The Derby Ministry was entertained at a banquet it the Mansion House.. Parliament passed a resolution declaring unecesi.ary tlie punishments and oxecusions that took place tfter the Jamaica rebellion was suppressed. Of the Queensland loan, £114,000 lias been taken ip, the balance vfaa ottered at £85 minimum. >:The. wool sales commenced on the Kith July. The London Registrar reports cholera on the increase. l'he bank rate of discount is still .10 per cent. The Government promise a revision of the Bank Act next session. l.lth August. At tlie opening of the Prussian Legislature, the King's speech was silent about French mediation,. Prussia rejects tlie Confereiico proposed bv Russia, France demands the restoration of the French frontier as existing in 1814. This point is anxiously avoided as'yet. 'flie Empress of Mexico is in Paris;

l- Tlie. English Parliament lia.s been prorogued* The le Queen's speech was silent on Reform. Cholera is still spreading, but active measures are being taken to ari:e.st.its progress. The Bank rate of discount is still' maintained, anil great dissatisfaction is expressed'. A deputation , on the subject waited on the Chancellor of the Exchequer. _ The light between Mace and Goss for the cnampjionslup was' won by Mayp, A. private telegram states that France lias demaniled the Rhine provinces. It is feared this will lead 3 to serious difficulties, perhaps to a general European, war, as the German states are not likely to yield them. ft is now admitted by all military authorities that the victory at Ladowa, \vhich-completely-ruinecl. '. the Austrians, was. owing- to the, Prussian ileedle guns which routed the cavalry. * Prussia is reported tcj be making military preparations. All .soldiers on furlough have been 1 called in. 8 „ resolution has been rejected in the House of 1 J representatives in America for conceding belligerent 5 rights to the Fenians. p . tremendous tire lias occurred at Portland in the t State of Maine, the lo P s being 10,000,0Q0 dollars. > Flie Birmingham Banking Company has stopped payment, the liabilities amounting to two millions 3 . sterling. f Hungary is said to be raising recruits for Austria. • . I,lth August. " xhe liquidators of the Bank, announced a t first dividend of 5 per cent, payable 011. thej Ist l September. - ■ . ■ ! In the Liverpool and Manchester cotton markets ■ prices closed (irmly. 'I he proposal to. station a man-of-war at Aden. f was vetoed by the Viceroy. ;; A breach has occurred between President Johnson and the Congress, which caused dissension in theCabinet. The number of deaths from cholera in London, last week amounted to 1400. There has been a great storm in the Adriatic. NEW YORK. (By Atlantic Telegraph Cable.) August Ist. .Tennessee has been admitted into the Onion. Congiess. has adjourned. The Secretary for the Interior has resigned. MONETARY AND COMMERCIAL. The Tuitrx of the 26'fcU July states that the Money Market continues to improve, and there is. - a moderate influx of gold to hand. Consols are quoted at S7J. A fall in discountfrom 10 to 0 per cent, is inevitable, as the demand at the Bank of England discount office is moderate. The general .Money Market is well supplied, and. the best Continental bills 'Hinge at 7 per cent, for 3 • .months. ■ It is considered that the high rate of money, owing to the poverty of the Banks, was caused by its own rigorous [ tiey iii keeping' the value of " money much higher than it was on the Continent while war is raging. ■ ' Colonial Government Securities, New .South - Wales, 5 per cent., ISGG, January and July no quotations ; ditto, IS7I to '70, 90 to 02; Victorian 0 per cent., April and October, 103 A to 104.', ; South' Australia, G per cent,, IS7S upwards, 102"to 104;: Queensland, i» per cent., January and July, 90 tt>' .93; New Zealand, sixes, 91 to 94; ditto, li ves, ex dividend, 73 to 75. ' The following financial statistics were presented to Parliament The trade of the United Kingdom for ISSG was £3U,7b'4,4G7 ; and for 1.865, £459,993,255 ; while the bank note- bv which, under our present system tlie discount power • of the Bank of England is regulated) is so arranged', as to be practically stationary. The stoppageof the Birmingham Banking Company is 1 eported as due to unauthorised advances on. uni ealised securities. There is great excitement in Birmingham, owing to the directors receiving deposits up to the last month before closing and: discoveries have been made showing gross mismanagement. ... The Preston Bank has failed->-*tlie Union Bank o£ ,!!! Avere agents of tbo Preston Bank. The Union Bank of London has declared a divij.uenil for the lialf-year of 15 per cent. e ■ B'ank of Otago directors recommend no ■ dividend for the past half-year. t 11 if HI Lank of Australia have declared a-; | dividend .for the half-year of St ner cent «;/"?* a " mial ,livilleml ot; the London Jointbtoek Bank vs 20 per cent. The' London an.! Westminster Bank have declared a dividend for the half-year of G per cent., anil a bonus of- 1L per cent. Ihe annual dividend of the National Discount Company is 20 per cent. Bank's dividend is S per cent. „ ,- . c Consolidated Bank re-opened business on the 2nd July. -u: Ci V ll : lcS Harvey and Sou, private bankers, in have stopped payment, 10 liquidators of the Agra and jlasterman's Li.ink h.uc issued a certificate of indebtedness to the ci editoi s ot the Bank, to be negotiated in all parts • of the world. , SHIPPING. ARRIVALS. « Ella Gladstone, British Merchant, S. S. Great A ictoria, Lchunga, Balmacarra, Tracian, Commodore, Mary Harrowby, James. Lester,. Silver Eagle, Essex, Wellesly, Great Britain,. Ada Zeigler, Electric, and Countes of Ivintore, July 20: Gosforth, Transatlantic, Celeano, and Jason, si. beparttiies. To ':-!>■ Melbourne—Chariot of Fame, Ballarat, Napier, Vimiera, Bed Rover, Bruce, Lady Dufferin, Sussex, Stour, Matura. To Sydney—Strotlulon* Landsborough, Ocean Empress, Strathnaver, Walter Hood, and Colonial Empire. » : To Queensland —Spitfire and Queen of Colonies. The Adelaide. —Goolwa, St. Vincent, Prince of Wales, Verulam, and Peeress. i ; : To Tasmania.—-Wagoola. To New Zealand.—Seringapatam, Star of Tas-.-inania, Blue Jacket. List of ships on berth for Victoria, 17;.-for' Sydney, 12 ; Queensland, 3 ; Tasmania, 7 j Auckland, 2 : Otago, 4 ; Canterbury, 5 ; Wellington, 3 ;. Adelaide, 7.