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NEWS BY CABLE.

f REUTER’S SPECIAL TO PRESS AGENCY.) London, December 28. A letter from the Queen has been published, expressing her heartfelt thanks for the universal sympathy shown in her affliction at the loss of her daughttr. A difficulty has arisen in reference to the British jurisdiction at Cyprus, caused by the action of Italy. Money market easier. Bank minimum unchanged. Market rates for three months’ bills, per cent. Bank reserve slightly better. Owing to the holidays £here is inactivity in the stock markets. Consols have risen per cent. Australian securities tem-

porarily weakened. Announcement has been made of a new colonial loan. Victorian fours 92. Wheat unchanged. December 00. The marriage of the Duke of Connaught is fixed for the 33th March. . The Orient steamer Chimborazo has arrived <u Plymouth. Vienna, December 28. _ A plot to assassinate the Emperor of Austria has been discovered. Berlin, December 28. Bismarck has written a letter to the President of the Federal Council, advocating a protectionist policy. Calcutta, December 30. The report of the arrival of akoobKhan at Jellalabad has been confirmed. Bombay, January 1. Stuart advances on Candaha to-day through Gwaja Khojuk Pass. It is stated that the town is weekly garrisoned. . __ The fleet returns to Asmid. Provisions are unobtainable at Artaki. The revenue returns for the December quarter show a large increase for the better. The Governor of Candahar is preparing a vigorous defence. London, Dec. 31. The council of engineers resolved to resist the threatened extension of working hoiirs. A secret manifesto has been published at St. Petersburg urging young Russia to destroy the present yoke. „ The rumored appointment of Mr. lope Htnnessy to the Governorship of Sydney is not confirmed. London, Ist January. The Glasgow Bank call realised £SOO,OOO. The secretary was released, and becomes Crown witness. . . The Turkish Commissioners appointed agree to surrender Podgonitza and Montenegro. The Glasgow Bank pays 5s in the pound on 3rd February. Khan Khebat is desirous of co-operating with the British in their advance on Candahar. Official correspondence in reference to reforms in Asia Minor has been published. Ford Salisbury, in a despatch applauds and accepts the concessions of the Porte as adequate. American Secretary to the Treasurer holds forty million dollars of gold. There will be a resumption of specie payments. It is understood that the Government have arranged with the Roman Catholic Bishops of Ireland a scheme for university education. Berlin, January 3. The Government organ here regards the political horizon as clearer than for a long time past. Confidence is gaining ground that a strict execution of the Berlin Treaty will be carried Constantinople, January 3. The reception by the Sultan of the European Ambassadors was most friendly. Assurances of amity were exchanged on behalf of the Great Powers. Bond on, January 3. Consols, 95|. Discount rates, securities, wheat, and flour are unchanged. Arrived —-Ship Soukar, from Lyttelton, The Bank of England reserve has increased nearly a million. Consols, 95^. The market for colonial debentures is quiet. There were three hundred tenders for the South Australian loan, at an average of 88J. Bank dividends are generally equal to last year’s rates. The corn market is weak, with a downward tendency. Nhw Zealand wheat from 41s. to 45b. Tenders have been received for the new South Australian loan of £1,175,100, at prices ranging between 88 and 90. A proposal to take the entire loan at 88 has been refused. London, January 4. Sir M. Hieks-Beach, speaking at Gloucester, said that the reports regarding the distress throughout the country had been much exaggerated, partly for the purpose of maintaining peace. Lord Derby, in a speech at Rochdale, also stated that the reports were much exaggerated, though distress, undoubtedly severe, existed, owing to the distressed state of trade. January 5. Messrs. Tweedy, Williams, and Co., bankers, of Truro, have suspended payment, in consequence of a run on the bank. ’I heir liabilities are unknown. Paris, January 5. The French Senatorial elections resulted in a great Republican triumph—ls Conservatives, 64 Republicans. Capetown, January 5. The frontier disputes at the Cape have been settled in favor of the Zulus. London, January 6. New Zealand fives, 99. AUSTRALIAN NEWS. Sydney, January 3. The seamen’s strike is ended, through mediation. The men resume work on Monday. The company pays wages due to the 18th of November, and retain only 180 Chinese, which are to be reduced to 130 within three months. Case brand, 335. 6d.; New Zealand wheat, none here; oats, 4s. 4d.; rest unchanged. January 6. The A.S.N. Company’s strikers resumed work to-day. . . , . , . ~ The Exhibition Commission begin their sittings to-morrow. January /. The miners and other employees of the Bulli colliery are dismissed, and all work is at a stand still. Melbourne, January o. The police have captured five sympathisers with Kelly’s gang, but not the principals. There is a rumor of the capture of one of Kelly’s gang. Nothing certain however. Arrived : Tanjore. January 7. A deputation of the Harbor Trust waited on the Minister of Lands with a proposal to sup-

ply half a million tons of silt for the reclamation of the swamps around the city at a cost of ss. per ton. Bongmore promised to consult his colleagues. January 8. The Underwriters’ Association report the arrival in London, on o Ist December, of tie barque Glencalath, from the Bluff, and Spirit of Dawn, from Auckland. The Piako, from London to Lyttelton, has been repaired at Pernambuco, and proceeded on her voyage. A portion of the cargo was sold by auction, being unfit for i©shipment. January S. Rust exists in some portion of the wheat in, the producing districts to a serious extent. . t is estimated that about one-fourth of i>..& wheat area of the colony is destroyed. ' At the unveiling of the statues of the Queen and the Prince and Princess of-Wales, at the National Gallery, Sir Redmond Barry favored throwing open the Library and Museum on Sunday.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZMAIL18790111.2.34

Bibliographic details

New Zealand Mail, Issue 361, 11 January 1879, Page 15

Word Count
986

NEWS BY CABLE. New Zealand Mail, Issue 361, 11 January 1879, Page 15

NEWS BY CABLE. New Zealand Mail, Issue 361, 11 January 1879, Page 15