Cablegrams.

Otago Witness, Volume 15, Issue 1562, 15 October 1881, Page 10

Cablegrams.

BRITISH AND FOREIGNLondon, October 4th. The Right Hon. Sir Stafford Northcote addressed a large meeting at Beverley (in Yorkshire) to-night. In the course of hia speech he referred at some length to the existing agitation on the question of an amendment of the English land law, and spoke in favour of measures being adopted to re-adjust the present burdens on land. He further advocated the adoption of the principle of compensation to tenants for improvements they may make to their holdings.

October sth.

Consols remain at 98$. New Zealand securities are unchanged at the following quotations :— 5 per cent. 1040 loan, 102£ ; 5 per cent. 1889 loan, 102£ ; 4£ per cent. 1879-1904 loan, 99£. The market rate of discount has advanced to 4j per cent. The bank rate is 4 per cent. Adelaide and New Zealand breadatuffs are without quotable change. Australian tallow : Best beef, 43a 6d ; best mutton, 435. At the wool sale to-day 10,900 bales were offered. An active demand was experienced for all descriptions. Obituary. — Sir John Karslake, Q.C., aged 60.

October 6th.

The Bank of England have to-day raised their rate of discount to 5 per cent.

The mutton brought per steamship Orient from Australia has realised an average of 6d per lb at Smithtield market. The condition of the meat is superior to that of previous shipments. Three per cent, consols have further dpclined £, and are quoted to-day at 99|. New Zealand securities are unchanged.

The total reserve in notes and bullion in the Bank of England is £10,300,000. The bank rate of discount is 5 per cent., the market rate 4£. Colonial breadstuff's are without quotable change. Adelaide wheat, ex store, 593 ; New Zealand wheat, ex store, 57s ; Adelaide flour, ex warehouse, 42s 6d.

Australian tallow is firm at 39s 6d for best beef, 43s for best mutton. Best Scotch pig-iron has further advanced lls per ton. No. 1, f.o.b. in the Clyde, is quoted to-day at 555. The third series of wool sales closed to-day. The final catalogue comprised 7900 bales, for which a firm demand was experienced — making a total of 240,000 bales offered since the opening. 28,000 bales have been withdrawn, and 45,000 are held over for the next series, which comes on on November 22nd.

October 7th.

( The Standard of this morning publishes a telegram, from the Cape stating that a report is current there that a serious rising of native tribes 'has broken out in Zululand.

One of the demonstrations organised by the Liberals of Leeds took place today at that town. The Right Honourable W. E. Gladstone was present, and addressed the meeting, which was largely attended. In the course of his speech he referred at length to the prevailing agitation in favour of an amendment of the English land laws. He stated that he deemed it was not necessary to apply the principles of the Irish Land Act to the English law, but recognised the necessity for changes in the latter so far as it applied to the relations of landlords and tenants.

The arrivals of wool to date for sales commencing on 22nd November amount to 40,000 bales. The total probable quantity to be offered during the series, including that left from last sales, is 120,000 bales. Consols have advanced to 98§. New Zealand securities remain at yesterday's quotations. Adelaide wheat (ex store) has declined Is to to 58s, and New Zealand ditto to 565.

Australian tallow has advanced 2s per cwt. Best beef, 41s 6d ; best mutton, 45*.

Best Scotch pig iron has declined 23 per ton. No. 1, f.o.b. in Clyde, is quoted to-day at 525. The last series of wool sales closed with good competition. The Oriental Bank Corporation has declared a dividend of 2 per cent, for the past half-year, and has carried £12,000 to the reserve fund.

It has transpired that a meeting of the English Cabinet has been summoned for Wednesday next, the 12 th inst. The object for which the Council is called together has not however yet been announced.

Addresses were to-day presented to the Hon. W. E. Glandstone by representatives of the various Chambers of Commerce at Leeds. Mr Gladstone in reply referred to the negotiations with France on the subject of the Anglo-French commercial treaties, and stated that the Government would neither sacrifice its principles nor conclude a treaty of a retrograde character with France. October Bth. Consols have advanced to 99£. There are no further changes to report in the money or produce markets. The grand banquet in connection with the great Liberal gathering at Leeds took place at that town last night. The Right Hon. W. B. Gladstone made an important speech on the occasion, in which he dealt fully with the existing state of affairs in Ireland. He stated that the question at issue in that country wai on© of law or

lawlessness, and proceeded to contrast the gospel of public plunder advocated by Mr Parnell and that gentleman's degrading and immoral doctrine with the loyal utterances of Daniel O'Oonnell. Mr Gladstone added that the passing of the Land Act imposed new and special duties on the Government, and they were determined to enforce the law and to preserve public peace. He concluded by appealing to all classes for support in what he characterised as " a great and impending crisis." A meeting attended by fully 25,000 persons was held to-day at Leeds, when Mr Gladstone again made an important speech. Eeferring to the state of affairs in Afghanistan he expressed the hope that by steadily abstaining from interference in that country the shameful memories of England's past action might be effaced. In alluding to Egyptian affairs he stated that the Government would act strictly in accord with France in dealing with Egypt. In regard to the action of the Transvaal Volksraad, Mr Gladstone stated that experience would possibly prove the necessity for an amendment of the settlement which had been arrived at ; but he added that the Government were determined to maintain the interests of the natives, and to uphold the dignity of England.

London, October lOfch. Mr Parnell addressed a large meeting yesterday at Wexford, in Ireland, when ne replied to the strictures passed upon him by Mr Gladstone at the Leeds banquet. In his retort Mr Parnell characterised Mi- Gladstone as unscrupulous and disL »neat, and as an unrivalled slanderer of Ireland.

Paris, October 10th.

Telegrams from Tunis announce that active hostilities continue in many parts of the country between the French troops and the Arab insurgents. No engagements of any importance havelately been fought,but incessant skirmishes have taken place at various points. Constantinople, October lObh.

It has transpired that the Porte has agreed to yield to the demands of the Powers that provision should be made for carrying out necessary reforms in Armenia, and a Commission has now been appointed to inquire into and report upon the same. The Commissionersa will commence their investigations at an early date.

Cairo, October 6th.

The members of the Commission despatched by the Sultan from Constantinople to the Khedive arrived in this city to- day, and were accorded a ceremonial reception.

Capetown, October sth. Telegrams received to-day from Pretoria announce that the Volksraad have concluded their consideration of the report of the Committee appointed to decide upon the ratification or rejection of the Transvaal Convention j and it has further transpired that in accordance with the ordera of the Volksraad, President Kruger has telegraphed to the Imperial authorities in London that it Has been decided that the Convention is contrary to the spirit of the Sand River Treaty. A protest is, moreover, made against the provisions of several of the clauses of the Convention, and their modification ia requested. Paris, October 6th.

It Is announced here that in consequence of the increase of the Arab rising in Tunis instructions have been sent by the Government to the French commander to complete the military occupation of the country, with the object of effectually quelling the rebellion. October 7th.

Telegrams are to hand from Tunis announcing that the commander of the French army has now, in accordance with orders recently received from Government, occupied the city of Tunis with a considerable force.

Calcutta, October Bth. Telegrams are to hand from Oandahar announcing that, following up hia recent success over Ayoub Khan, the Ameer has no?v despatced four detatchments of infantry and a force of cavalry, artillery, and irregulars to Girishk, on the road from Candahar to Herat.