NEWS BY CABLE.

New Zealand Mail, Issue 383, 14 June 1879, Page 17

NEWS BY CABLE.

(REUTEIVS TELKGRAMS.) FURTHER RISE IN" THE PRICE OF WOOL. RETURN OF THE QUEEN TO WINDSOR. London, June 5. Lord Loftus starts for San Francisco on the 19th. June 4. The Khedive has returned an evasive answer to the protest of the German Government against the dismissal of his Ministers. The German Consul-General, iu reply, regretted deeply that the Egyptian question was entering a new phase, involving serious consequences. London, June 6. Th wool market is strong, with a hardening tendency. There is to bo a new trial iu the celebrated Bagot will cane. England and France have finally declined to interfere in the administration of the Egyptian Government. The British Consul General at Cairo energetically protested against the arbitrary proceedings of the Khedive. Cetewayo has made fresh overtures of peace, and sent an envoy to Colonel Clark, the officer in command at Fort Chelmsford. On hearing this, General Crealock, commanding the district, despatched an envoy to ascertain if the proposals were honorable. London, Juue 7. Consols, 97A. At a Conservative meeting at Bury, the First Lord of the Admiralty absolutely denied that there was any difference of opinion between the British and French Governments in reference to the Egyptian question. They condemned the policy of the Khedive, but England and France had resolved, notwithstanding, to act quietly and safely, without precipitation. News from Cape Town to 19th May states that Cetewayo had made proposals for peace, but that the negotiations had failed in consequence of the refusal by the British authorities of any terms but unconditional surrender It is believed that Cetewayo aud his whole forces are at Lower Tugela. The homeward mails, via San Francisco were delivered to-day. London, June 9. The Board of Trade return of exports for the last month shows a slight improvement. Three per cent, consols, 97§ ; five per ceat, New Zealand loan, 104. Adelaide wheat, per 4951 b, ex warehouse, 45*. ; Adelaide flour per 2801 b., ex warehouse, 31s. The total quantity of wheat afloat for Great Britian is estimated at 1,600,000 quarters.

Best Australian beef tallow, 31r. per cwt.; best Australian mutton tallow, 335. per cwt. The total stock of tallow is 12,580 casks. Wool is very active. London, June 10.

Three per cent. Consols, 97.^. Since the opening of the sales 235,000 bales of wool have been offered. Wool continues firm and in active demand, chiefly in greasy qualities, which rule a half-penny higher. Scoured has advanced £d. to Id. per lb. June 11. Colonel Biddulph has been appointed High Commissioner at Cyprus. (FROM THE " EVENING POST.") London, June 7. Solovieff, the schoolmaster who attempted to shoot the Czar on the 14th April, has been sentenced to death. His execution is fixed to take, place to-day. A despatch has been received from Lord Chelmsford, iu which he states that he considers the Zulu war virtually finished. Cetewayo has sent a chief to the British camp to ask for peace, and has admitted that he has lost the youngest and bravest of the warriors. In fact the Zulus seem thoroughly cowed by the brilliant fighting of the British under Colonel Wood and Lord Chelmsford, and disheartened by their own recent reverses. There is every probability, therefore, that peace will shortly be concluded on terms satisfactory to the British nation, conditions being imposed at the same time on the Zulus of such a nature as will prevent any similar outbreak on their part in future. The negotiations between Cetewayo and General Crealock still continue.

A cornpanv has been formed, with a capital of £16,000,000, to cut a canal through the Isthmus of Panama, M. Lesscps, the engineer who designed and carried out the Suez Canal, 13 to have charge of the work, and promises that it shall be commenced on the Ist January next. Present cash quotations for Australian copper range from ,£62 to ,£63. South Australian colonial debentures, 1874 to 1860, 98. Colonial debentures generally are in quiet demand. The open market is 1\ per cent, under the Batdc tate. The Australian tallow market is quiet. At a public sale a considerable number of casks remained unsold. Mutton sold at 30s. to 395., aud beef at 255., 265., 285., 295.. 305., and 31s. The tin market is firm, with hardening prices. Present quotations, £66 17s. Gd. The corn market is quiet. Foreigu arrivals are abundant. Prices in wool are well sustained. At today's sales 9952 bales were catalogued. AUSTRALIAN NEWS. Adelaide, June 6. Arrived : Aconcagua. Flour, £lO 10s. to £ll 10s.; wheat, ss. 2d. June 11. A debate is going on in the Assembly on a motion condemning the financial arrangements of the Government. The division in expected i-.'-ir.srrutY,

Stoney, June 6. Hennessy's brandy—case, 335. 3d.; quarters, 9s. Kerosene, Is. 7£d. 5 rice, £2l; New Zealand wheat, 4s. 4d ; oats, 2s. Gd. to 2s. 9d.; tobacco, Is. 7d. ; candles, B£d. offered ; no alteration in sugar. June 7. A large open air meeting was held to-day in favor of the commutation of the sentence of the criminals condemned to death for rape Much agitation prevails on the subject. Sailed—Rotorua, yesterday. June 9. Arrived : Australia and Hero. Mr. Butler, formerly Agent-General for New South Wales, died suddenly in Court to-day. It is rumored that the Newcastle collieries are likely to abandon the vend scheme. Juue 10. The aboriginal who was condemned to death for rape, was executed at Mudgee to-day. Arrived—Wakatipu. June 11. The Torres Strait mail steamer Normanby has arrived at Cooktowu. According to the news from Hongkong to the 15th May, the negotiations between Russia and China have been broken off. General Grant arrived at Hongkong on the 30th April, and proceeded to Shanghai on the 12th May. June 12. The Legislative Council has thrown out the Bill proposing to abolish the penalty of death for rape. The Amending Laud Act has been passed by the Legislative Assembly. Melbourne, June 9.

The depositors of the Australian and European Bank have agreed not to remove the balance of their current accounts within a certain time. The investigation of the bank's affairs is satisfactory ; £30,000 will fully cover any likely loss. A call of £1 a share, in two instalments, will lie made iu July and August. The Provincial Bank investigation shows that the expected assets will realise £15,000 to £20,000 more than was estimated. A call of £1 per share and the present assets will cover the liabilities. It has been resolved to voluntarily wind up the bank.

June 10. Arrived : Arawata. Juue 11. Sailed : Tararua, yesterday. June 12. The mail summary is to May 9:—ln a destructive fire at Houburgh, in Russia, -which lasted two days, two churches, 949 houses, aud 292 shops were burnt down. It is feared that the extreme measures to suppress Nihilism will provoke a revolutionary outbreak in Russia. The Pope cordially received Cardinal Newman. The Queen has returned to Windsor. In Canada there is a political crisis, consequent on the Marquis of Lome refusing to dismiss the Governor of Quebec, as recommended by the Ministers. Spotted typhus fever has reappeared in Astrakhan. Yakoob Khan was received with much ceremonial at the British camp, Gandamak. A great military demonstration took place, and Yakoob Khan was much impressed with the sight. THE BANK FAILURE IN MELBOURNE. Melbourne, June 6. At a meeting of the committee of the Associated banks, held last night, it was resolved to support the City of Melbourne Bank with any assistance they may require. No excitement here to-day. It is believed the crisis has passed. The action of the Associated B*uks created confidence. Intense excitement prevailed yesterday in the provincial towns.

The shareholders of the Australian and European Bank resolved to make a call of £1 per share, in order to enable the Bank to re-open on a restricted scale early. At a meeting of depositors the directors arranged a settlement of claims. The Bank will probably re-open soon. Most of the branches have discontinued. Great confidence is manifested in the directors.

The National Reform League propose a monster bazaar to raise funds for the acclimatisation of Californian salmon, as the English salmon turns out to be a failure.

Victoria has been requested to send vaccine matter to Fiji. A ship with small-pox on board arrived at the islands, but at present the disease is confined to the ship.

The City of Melbourne Bank paid thirty thousand sovereigns from its own resources on Thursday.

The Australian and European Bank will reopen if depositors continue their support. Mr. McGregor, Government whip, ha 3 become insolvent.