NEWS BY CABLE.

New Zealand Times, Volume XXXIV, Issue 5564, 28 January 1879, Page 2

NEWS BY CABLE.

(REUTER’S TELEGRAMS.)

Melbourne, Monday. Wheat (Adelaide), 47s to 48s ; flour, 31s. The tenders for the Melbourne Exhibition have been opened. There were seventeen tenders, David Mitchell’s being the successful one. Lord Harris’s team, in their second innings, made 217 ; New South Wales, second innings, two wickets down for 83 runs. Sydney, Monday. At the Anniversary Regatta, in the outrigger race for the champion belt, Laycock beat Trickett by eight lengths. (SPECIAL TO THE PRESS AGENCY,J London, January 25. Money is in large supply, and the mercantile demand shows no sign of revival. Bank rate, three months’ bills, 2J. The reserve is slightly weaker. Business in all the departments on the Stock Exchange is dull. Consols, 96|. The market for colonial debentures is steady. Corn market unchanged. ADDITIONAL MAIL NEWS, VIA MELBOURNE. London, December 25. Great hopes are now entertained that the promised Turkish reforms will be carried out, consequent on the recent changes in the Ministry. Sir Stafford Northcote denied, in the House of Commons, that England had agreed to assume the protectorate of Constantinople. His contradiction about England guaranteeing the Turkish loan was inexplicit. It is stated that Russia has declared that she will occupy Merv if England holds Herat. Bombay, 9th January. The Viceroy has informed the Maharajah of Cashmere that he will accept his offer of service if the war continues beyond next spring. The Khyber tribes seriously annoy the convoys, and an expedition sent to punish them destroyed several villages. There are numerous desertions in the Afghan army. The Afghan prisoners are employed in roadmaking at Gumevoa. The health of the European troops is good, but the natives suffer from cold. Great mortality among the baggage camels is reported, but supplies are coming in freely. The Ameer’s officer, Mira Khan, who insulted Major Cavaguari at Peshawur by threatening to shoot him, fled, and afterwards poisoned himself. Military operations are suspended on account of the winter. Generals Roberts and Brown are securing the positions they have won. There is great commercial depression at Bombay.