CABLE TELEGRAMS.

Otago Daily Times, Issue 3502, 28 April 1873, Page 2

CABLE TELEGRAMS.

London, April lGth. The Times, in an article on the Postal Conference, regrets that the importance of the scheme should be marred by conflicting claims as to the terminus. The Standard holds the same view.

The Pope is alarmingly ill. The city of San .Salvador, Guatemala, has been destroyed by an earthquake. Eight hundred persons were killed, and twelve million dollars worth of property was destroyed.

Biigham Young has abdicated and fled to Arizona.

The French elections are likely to result in favour of the Republicans. The Oarlists have been further defeated. Mr Lowe, in his Budget speech, estimated

the surplus at five millions, the revenue being seventy-six millions, and the expenditure seventy-one millions. One penny is to come off the income tax, and half the duty off sugar, in May next. The Alabama claims are to be paid, part otit of the surplus, and part by Exchequer Bills. The London Exhibition opened on the 14th.

The Khan of Khiva has beheaded his Prime Minister, and imprisoned his relations. The Prussian prisoners are to fee forwarded, to Orenburg. The Baroda left Galle for Australia ois the 24-th.

The Australian February mail, vU Brladisi, has been delivered in London.

FVance has paid Germany another fen mil* lions.

The 3S'ank rate of discount is four petf cent. Tallow is- improving. Hides and lea-thec are dull. Wheat is falling. The Prince of Wale 3 has been installed1 a* Grand Master of the United Masonic KnrgM Templars of England and Ireland. The Hawaiians oppose the American pro* ject for the establishment of a harbour irnt their islands. The Emperor of Germany, Prince Bismarck, and Count Moltke visit the Czar afe the end of April.The exports of coal for the quarter ending March are twenty-one and a half millions. The Piussian press- demands the acquisitioiEof Khiva. The New Zealand' Roads Loan Act Amendment Bill has passed its second reading. New Zealand Consolidated Fives are air 103$. Tallow is improving.