Latest by Cable.

New Zealand Mail, Issue 657, 26 September 1884, Page 13

Latest by Cable.

BY ELECTRIC TELEGRAPH. —COPYRIGHT. REUTER’S TELEGRAMS. WRECK OF A GIJNBOAT. FIFTY LIVES LOST. London, September 23. H.M. gunboat Wasp, 4 guns, Commander Nicholls, has become a total wreck on the coast of Donegal, Ireland, and fifty of her officers and crew Faye been drowned. ENGLISH PRESS ON THE NAVY. Leading articles are now appearing in the metropolitan and provincial newspapers strongly advocating a material increase in the strength of the British navy. LORD WOLSELEY GOES TO KHARTOUM. Cairo, September 23. Lord Wolseley proceeds to the front for the purpose of joining the main body of troops, proceeding to Khartoum on Saturday next. • Albany, September 23. Arrived, this morning—P. and O. steamship Cathay, with Suez mail. Melbourne, September 24. The Anglican Church Assembly has adopted a resolution in favor of creating a new diocese in this colony. MONETARY and COMMERCIAL. Melbourne, September 24. The Melbourne manager of the National Mortgage and Agency Company of New Zealand (Limited) reports of the local grain market as follows : Wheat is firmer at 3s lid; malting barley, 4s to 4s 7d, the market is firmer; New Zealand oats, feeding sorts are firm at 3s 3d to 3s 6d, and in active demand; milling ditto, 3s 6d to 3s 7d, the market is improving; New Zealand oats under bond, 2s lOd to 3s, with moderate inquiry. London, September 23. Consols have fallen to 101|-. New Zealand securities remain at the fol lowing quotations : —5 per cent 10-40 loan, 104 ; 5 per cent 1889 loan, 105# ; 4# per cent 1879-1904 loan, 100#; 4 per cent inscribed stock, 1044. ;The breadstuffs market is unchanged. Adelaide wheat, ex store, 36s ; New Zealand ditto, 31s to 345. Adelaide flour, ex warehouse, 265. Australian tallow—Average quality beef and mutton, 34s 6d. Melbourne, September 24. Sailed, this afternoon Union steamship Wairarapa, for the Bluff. RELIABLE NEWS FROM THE SOUDAN. Cairo, September 23. Further intelligence of the state of affairs at Khartoum has been received at the hands of a messenger, who was sent by General Gordon. The despatches which he brings prove that the withdrawal of the Arab rebels from the town was correctly stated, and that General Gordon has been completely successful in his operations. At the messenger left Khartoum supplies were plentiful, and large quantities were being brought in. General Gordon had already despatched his steamers to Sennaar on the Blue Nile to release the garrison and inhabitants, and preparations were being made for sending a strong force to attack the rebels at Berber. * The messenger met the British expedition which has been sent from v Assouan ,io Dongola. London, September 24. Details to hand regarding the loss of H.M.S. Wasp show that all the officers lost their lives by the disaster.

(SPECIAL TO UNITED PRESS ASSOCIATION.)

\ GERMAN ALARM AT ENGLISH COLONISING SCHEMES. London, September 23. The Colonial Office authorities fear that a conflict may take place between the German consular authorities on the islands of New Britain and New Ireland and the British, should the latter make any attempt to establish a protectorate over those islands. ; NEW ZEALAND’S BORROWING' POLICY. The St. James’ Gazette, in an article on New Zealand Finance, states that , kthe borrowing policy of that colony is alarming. ACCIDENT TO LORD ROSEBERY. London, September 24. Lord Rosebery, while out riding ' to-day, was thrown from his horse, and broke his collarbone.

MORE RECIDIVISTE PROPOSALS. Some of M. Ferry’s supporters propose that the recidivistes should be sent only to Cayenne and the French settlements in the Senegal.

MOVEMENTS OF THE BOERS. Information from Capetown states that the Boers have occupied the capital of Stellaland, and that the chief Monteioa had surrendered to them. THE ORIENTAL BANK. The Oriental Banking Company will open a branch of their business in Ceylon on October Ist. They have received very hearty promises of support. (REUTER’S TELEGRAMS.) (Received September 25, 12.45 p.m.) Sydney, September 25. The Colonial Treasurer has submitted in Parliament estimates for loan expenditure to the amount of fourteen and three-quarter millions sterling. The Government railway scheme included in the estimates proposed twenty new lines, amongst them being an extension from the present terminus at Redfern to the city. (Received September 25, 1.15 p.m.) Cairo, September 24. The Russian Government has joined France, Germany, and Austria in protesting against Nubar Pasha’s proposal to suspend the law of liquidation of the Egyptian debt. Hongkong, September 24. Li Hung Chang has been reinstated in the position of Prime Minister. (Received September 25, 2.30 p.m.) London, September 24.

Intelligence is to hand from New York of the death of the Hon. Gilbert Leigh, eldest son of Lord Leigh. While out hunting in Wyoming he fell over a precipice and was killed. The deceased was aged 33, and represented South Warwickshire in the House of Commons. (special to united press association.* (Received September 25, 12.30 p.m.) London, September 24. The Orient steamer Chimborazo will land the Suez mails at Naples. The prospects of the late Oriental Bank estate are improving, and it is anticipated that the liquidator will be able to pay 20s in £ without interest. Sir Saul Samuel and Sir F. D. Bell are at present unwilling to press Lord Derby on the Pacific question. The Marquis of Hartington Secretary of State for War, has disposed of a battery of field guns to the New Zealand Government very cheaply.