HOME AND FOREIGN CABLE NEWS.

Oamaru Mail, Volume XX, Issue 6225, 6 April 1895, Page 3

HOME AND FOREIGN CABLE NEWS.

,'By Electric Telegraph—Copyright.) (PEE UNITED PRESS ASSOCIATION.) Received April 6, at 10.30 a.m.] London, April 5. The charge of libel against the Marquis of Queensberry was finished to-day. A verdict of not guilty was returned. The jury considered that the charges made by Queensberry were of public benefit. Wilde's counsel withdrew from the case. Wilde himself left the Court while his counsel was explaining that plaintiffs literature and letters justified the plea of the defence : that Wilde posed as an immoral person. He explained that the reason he withdrew from the case was so as to avoid the appalling evidence which would be adduced. The verdict was received with loud cheers. It is expected that Wilde will be arrested. No warrant has yet been applied for, but counsel for the Marquis of Queensberry has sent the Public Prosecutor a statement of witnesses and notes on the evidence in order to prevent a mis carriage of justice. Calcutta, April 5. The efforts of the troops from Gilgit to force the Mastuj Pass failed, owing to a blinding snowstorm. Fifteen were killed on the British side. Both brigades are at Malakuhd Pass. The Ranizai tribesmen, who were defeated at the storming of Malakund, have since submitted to the British.

New York, April 5. By an explosion in a drinking saloon in New Orleans 15 people were killed and many injured. It is believed to be the work of the " Mafia " Society, formed to avenge the Ijnching of Sicilians in prison in New Orleans in 1891. The Governorship of South Australia, it is reported, has been offered to Sir E. Grey, Under-Secretary of the Foreign Office. Mr Cecil Rhodes denies the statement that he is intriguing against Sir Henry Loch, and declares that when he left London for Capetown he was unaware of the intention of the Government to appoint Sir Hercules Robinson Governor of the colony. Michael Davitt will sail for the colonies in the Orotava. He hopes to refrain from politics while in Australasia. The Conservative Party in Leamington constitutency refuse to support the speaker's son George in the forthcoming election for the seat. The attitude of the party is due to anger at the rejection of Mr Montague Nelson's candidature by the Conservative leaders.

Obituary.—Dr Hale, first Bishop of Perth, Western Australia, and latterly Bishop of Brisbane. Sir Robert Hamilton is dying.

The Directors of the Londonderry mine, Coolgardie, are in receipt of a cablegram stating that the rich shoots of ore in the mine are exhausted. The news has caused a sensation in the mining market. It is probable that some of the promotion money will be returned. Shares are now quoted at fifteen shillings. Madrid, April 5. News has been received that the insurgent leaders have landed at Cuba.

Berlin. April 5. The leading German merchants have 'ormed a society to defend the German jold currencv.

London, April 5. At the Bank of Australasia meeting Mr Gibbs instanced as hopeful features of the position of the colonies the increase of production, the rise in wool and silver, the great output of gold, the improved revenue returns, public and private economy, and the absence of a commercial crisis.

The Western Australian loan is expected to be placed on the market after Easter, and its success is regarded as certain.

It is expected in financial circles in the city that Queensland and New South Wales will shortly float loans. Mr R. C. Munro Ferguson, M.P. for Leith, has declined the South Australian Governorship. deceived April 6, at 11.45 a.m. London, April 5. The steamer Buteshire, from Port Chalmers (February 8). has arrived, and her live sheep have been landed in splendid condition. Only three died during the voyage. The bullocks are found to be mostly in an excellent condition, but a few show signs of slight wasting. Five died during the voyage. The animals fe'd well, and the heavy beasts stood tbe voyage particularly well. Eighteen of the bullocks are in excellent condition and two middling. Another one was landed in a very bruised and wasted state and had to be killed immediately. The rest of the animals will probably be killed at Smithfield on Monday. Received April 6, at noon.

London, April 5. The Bank of England returns published to-day show the total reserve in notes and bullion to be L 28,420,000, the proportion of reserves to liabilities being 65*96. Consols, 104f. Three months bills are discounted at £ per cent.

New South Wales 4 per cent, inscribed stock, 111£ ; 3i do, 102|. Victorian 4 per cent. South Australian 4 per cent., 107; 3i do. 103 h.

Queensland 4 per cent., 107; 3i do, IOOJt.

Tascnanian 3i per cent, 100 Western Australian 4 per cent., 113£. N.Z. 4 per cent, inscribed stock, 108£ ex interest; 3i per cent, ditto, 102. N.Z. long-berried wheat, ex warehouse, market, 255, market flat. New Zealand mutton —First quality, 3id; second quality, 2£d. Lamb— Average, 3fd. Cheese is dull. Victorian selling at 45s ; New Zealand, 45s to 475. The hemp market is dull. A Wellington consignment sold at Ll2 10s. The butter market is very flat. Finest Victorian is being sold at 765, a few boxes realising 80s. Hudson's firm is retailing fine factory butter at 8d per lb. Sugar—Quiet. Best German beet, 9s 4d ; Java, lis 3d. No. 1 best Scotch pig iron, f.o.b. in Clyde, 41s 9d, quiet. Arrived—Star of Victoria, from Bluff (February 12). Received April 6, at 3 p.m.] Losros, April 5. Oscar Wilde has been arrested.