LATEST INTELLIGENCE.

New Zealand Herald, Volume VI, Issue 1562, 26 November 1868, Page 6

LATEST INTELLIGENCE.

London, October 9. Rumours are current in Paris and Madrid that the island of Cuba has proclaimed its independence of the Spanish Government. The Junta will bring in a bill at the session of the Cortts, abolishing slavery within ten yearsby gradual emancipation throughout the colonies of Spain. Panama. Intelligence has-been.received of the loss of the Panama Railroad Company's steamer Parkersburgh, off Tig°r Island. The passengers, mails, and nearlj all the cargo, were saved William Parker, the Superintendent of the Panama railroad, was shot wi.h a revolver as he sat in the office, on the moriing' of the 24th September, by James li. Baldwin, acting engineer; who, after firing two shots at Parker, fired at his own head. Parker died in htJf-an-hour ; Baldwin is expected to. die in. a few days.

WOOL SALES. The Some News- states that at the August sales, the price of wool had declined 2d., &d., and 4d. per lb. on the lowest price obtained in the May and June sales. The sales commenced on the 13th of August, and terminated on the 25th of September. The arrivals comprised 58,583 bales, Sydney ; 64,003 bales, Victoria; 8,855 bales, Tasmania ; 50,960 bales, New Zealand; 11,864 bales, South Australia; 470 bales, Swan Hirer; 38& bales, Cape of Good Hope; making a total of 226,117 bales : of which, however, 208,223- bales only have been catalogued, leaving 17,904 bales for future sale. In addition to these, 23,600 bales have been withdrawn from, time to time during the currency of the soles, of which it is estimated that about 17,600 bales still remain in first hands. MONEY MARKET. New Zealand and Australian securities have been again well supported. New South Wales Government: Five per Cents., 1871 to 1876, 100. to 101; January and July, 99 to 100; ditto, Five per Cents., 1888 to 1896, January and July, 98-J to 99J-. New Zealand: Five per Cents., 97£ to 98J-; ditto, Sis per Cents., 1891, March and September, 109 to 111; ditto, Six per Cents., 1891, June and Decem- | ber, 109 to 111.