CABLE TELEGRAMS.

Otago Witness, Issue 1240, 4 September 1875, Page 14

CABLE TELEGRAMS.

London, August 17th. The London wool sales opened this evening. The arrivals amount to 298.000 bales, and upwards of 8000 bales wero offered. The attendance of home and foreign buyers was large, and bidding commenced with spirit. Prices, as compared with last series, show a alight decline. Sydney wool i 3 one penny lower.

August 18th. The insurrection on the northern frontier of Bosnia is of a serious character. 20,000 Turks are operating agaiust the insurgents at Herzegovina, and there are apprehensions of a religious war between Moslems and Christians. August 20fcb'.. The royal yacht Alberta, when crossing from Cowes to Gosport with the Queen on board, ran down tho yacht Mistletoe, and three persons were drowned. The New Zealand four million loan has been officially quoted on the Stock Exchange. The Mail via Torres Straits and Singapore was delivered in London on the 19th of August. The ship Aurora, from Adelaide to London, caught fire and wa3 abandoned. All hands were saved. The Representatives of Russia, Germany^ and Austria had an interview with the Porte, collectively counselled moderation, and asked for facilities to communicate with the insurgents at Herzegovina to recommend their submission to the Turkish Government. The wheat market is inactive ; harvest progressing ; weather tine. " Australian is quoted at 54s to 56s ; flour, 36a to 40s. The wool market is easier. Since, the opening sales the average decline has been Id on last sales, excepting Port Phillip fleece ; Sydney wool, l£d lower j faulty parcels, none.