CABLE NEWS.

Wairarapa Standard, Volume XVIII, Issue 1765, 30 November 1885, Page 2

CABLE NEWS.

RESIGNATION OF THE SPANISH CABINET. PRINCESS MERCEDES PROCLAIMED QUEEN. Madrid, November 26. The Spanish Ministry has resigned and a Liberal Cabinet is being formed. It is reported that the Princess Mercedes, eldest daughter of the late King Alfonso, has been pro* claimed Queen of Spam under the regency of her mother, the Dowager Queen Christina. Loijdon, November 27. During the elections at Nottingham party feeling ran very high, and culminated in a riot, during which 50 persons were injured. The latest returns show that the Conservatives have wrested seventy»two seats from the Liberals, and that the latter have ousted the Conservatives iu twentynu?e instances. The Conservatives have returned 111 members and the Liberals 110. Messrs Tyser & Co., who are endeavoring to break up the Australian shipping ring, are urging colonial importers to give positive instructions to their English agents to ship all goods by their vessels. They also state that the freights to Sydney exceed those to Melbourne. A private meeting of the creditors in the estate of Messrs Simes and Co., wool-brokers was hold to-day. The meeting was of a stormy nature, and the creditors who were present are very reticent as to what took piace. It is believed that the liabilities of the firm will amount to nearly a quarter of a million. Already there are signs of trouble in Spain. The Garlists and the adherents of Queen Isabella are preBto uphold their claims; while Senor Riuz the leader of the insurrectionary movement in Spain in August, 1383, and who subsequently left the country, is now returning. The deficit in the Simes & Co. estate is about £70,000. The money of the firm is locked up in the Melrose estate, New South Wales, and to this ia attributed the failure.

At yesterday’s wool sales 7200 bales were offered, the market being firm. Up to the present 67,200 bales have been submitted for competition, of which 6400 have been withdrawn from sale.

General Cameron reperta that a force of some eight hundred Soudanese have made their appearance before Kuoshay, and the Britiah forces are actively engaged in making preparations to resist them. Stdjtbt, October 27. There has bean a general increase in the values of grain since last week’s reports. New Zealand wheat has torther advanced by 2d per bushel to 6s 6d: New Zealand oats, 2s Id, Id dearer ; maize, per Ottlbs, 2d higher, 4s 2d ; pollard, per bushel, Is 2d. There are no potatoes in the market.