LATE CABLE.

New Zealand Times, Volume XLX, Issue 8163, 15 August 1887, Page 4

LATE CABLE.

Bv Electric Telegraph. —Copyright, (reoter’s telegrams.) (Received August 14,10.30 a.m.) London, August 12. Console remain at and New Zealand inscribed stock at 99 j. Adelaide wheat, ex store, is unchanged at 34s 6d, and New Zealand at 33s to 365, according to quality. The total quantity of wheat and flour afloat for the United Kingdom is 1,810,000 quarters, and for the Continent 464,000 quarters. Australian tallow, average quality Beef has advanced to 235, and mutton to 23s 6d. New Zealand frozen mutton, prime quality, remains at 4d per lb. (Received August 15, 1.20 a.m.) Ottawa, August 13. A sculling match took place to-day at Toronto between Teemer and Hanlan, and resulted in an easy victory for Teemer. London, August 13. In the House of Commons to-day, a debate took place on an amendment in the Irish Land Bill, which was inserted in the House of Lords, at the instance of the Government, relative to the judicial rents, the clause being amended by changes in the prices to be paid. Mr Parnell denounced the amendment as one which destroyed half the benefits of the Bill, Sir W. Yernon Harcourt and Mr Chamberlain opposed the amendment, and Lord Harrington advised that the debate should be adjourned to Thursday next, to which course Mr W. H. Smith, on behalf of the Government, assented. The first formal meeting of the Royal Commission for the Melbourne Centennial Exhibition took place today, the Prince of Wales presiding. His Royal Highness made a speech, in which he stated that, although his position on the Commission was only an honorary one, he would afford the Exhibition all the assistance iu his power. Paris, August 13. Two French aeronauts have ascended in balloons to a height of seven thousand metres, the highest altitude ever attained in a balloon. Adelaide, August 14. Arrived—Orient steamship Oroya, from Plymouth. She has the following passengers for New Zealand:— Messrs Carr, Bowden, and Fisher, Mrs Hills and Miss Carr, and six second-class. Sofia, August 13. Prince Ferdinand has arrived at Ternova, and has been everywhere received with enthusiasm. He has issued a manifesto, in which he appeals to the Bulgarians for support, and declares that he will devote his life and happiness to them. (SPECIAL TO UNITED PRESS ASSOCIATION.) (Received August 13, 4.50 p.m.) London, August 19. Seven thousand five hundred bales of wool have been salvaged from the ship Darling Downs, which sank at the Nore from the effects of a collision on May 12th. It has been decided to destroy the hull of the vessel by meatus of dynamite. Mr John Butt, accountant of the Australian Joint Stock Bank, has been appointed Manager of the Federal Bank, which commences business on September Ist. The Duke of Manchester sails for Australia on October 21st. (Received August 14, 10.30 a.m.) London, August 12. Mr Forman, of the Postal Department, has returned from Italy, and is sanguine of success iu obtaining a reduction on the transit rates for mails. The steamer Rome collided with a launch in the Suez Canal. No serious damage was done to the vessels, but two men were killed. There was a temporary block of traffic. Mr Henry Ives, of New York, has failed, with liabilities amounting to twenty million dollars. One hundred and fifty-six pictures from the Grosvenor Art Gallery will be shipped to Australia in the steamer Clyde. (Received August 15, 1.15 a.m.) London, August 13, The wheat market shows a downward tendency owing to heavy imports. The collapse of the Californian ring has caused a fall of 10s per quarter in California. Several small speculators at Liverpool have failed. Attempted “ corners ” at Berlin and Paris have broken down. Forward buying is suspended, and no sales of coast cargoes have been reported. Australian and New Zealand sorts, on spot, are unchanged. Harvesting is advancing rapidly, and there is abundant yield. The wheat crop is excellent, but reports from the hop gardens are less favorable. General Ferrons declares that the recent, increase of infantry and cavalry in the French army has saved France from greatest danger. Lord Rosebery, at the request of the Marquis of Salisbury, has postponed bis notice in connection with the New Hebrides, and in doing aa remarked that the occupation by the. French troops was unjustified. A brilliant torpedo action off Spithead against ironclads has brought to a dose the naval manoeuvres. The accident to the train at Illinois occurred at midnight. The first engine cleared the bridge, but the second, to which was attached tea carriages crammed with passengers, was wrecked, one of the carriages being telescoped. The wreckage ignited, and those who were not injured and least wounded, desperately combated the flames for four hours, smothering the fire with handfuls of earth, until a torrent of rain extinguished it. Meanwhile the wounded