CABLE NEWS.

Wairarapa Standard, Volume XX, Issue 2041, 11 March 1887, Page 2

CABLE NEWS.

London, March 8. In the House of Commons last night a motion of Mr Brsdlsngh not to allow the expenses of Sir Henry Drummond Wolff's mission to Turkey aud Egypt was rejected. In the course of the debate Sir J. Ferguson, Under-Secretary for Foreign Affairs, stated that there was every prospect of Sir Drummond Wolff's mission being successful. General Bronsart Von Hohellendorff, Prussian Minister of War, referring to the gtavity ol the future, urged a unanimous vole in favor of the increase of the army for a period of seven years. The Moscow Gazette publishes an article in which indignation is expressed at the execution ol the prisoners implicated in the Bustchuk revolt being carried out with the approval of Kurope. It would not be forgotten ilmt those men fell a sacrifice to their devotion to Russia, ami their deaths would produce events wliich would set hisloiy in motion.

Westgarth and Cowell, the well-known financial agents, in their commercial circular, stale that the cool reception of the Queensland loan ought to be a wholesome chick upon the tendency m ihe Australian colonies to run into debt. They add, however, that the colouies have very large resources, which their railways are rapidly developing. March il. Haulan rows Beach on November 27th, and will sail for Australia, via San Francisco, on AUilUat (itll. Tnc do. th is announced of the Kev Homy Wind Beecher, aged 75 He had been ailing since Saturday last, when he had a severe apopletic attack.

in the Reichstag today, the Bill for in. "reusing the German anm for a teim of seven rears was voted by a la:,: ■ majority. It is now rumored that the tie,.'- betwen Austria, Germany, and Italy, come ,"dates offensive as well as defensive action.

It is generally understood that the prospects of peace ate increasing, though the Continental Powers are still continuing their warlike preparations. Further disturbances are expected both in Bulgaria and Servia. The Pope has again offered bis services as mediator in the Bulgat an difficulty. Melbourne, March 9. The Manager of the National Mortgage and Agency Company reports as follows of the iooal matketWheat, 8s lid to 8a lljd, prices being barely maintained ; barley shows no improvement, 8s 9d to 4s 6d ; oats, feed iorts, lor which the market is flat and prices hooping. 2s 3d to 2s 9d ; oats, milling sorts, Is 7Jd to 3s, in favor of buyers. New Zeaaud oats under bond, slow of sale, 2h Ki to is 3d ; rye grass. 3s 9d to Is Ijd ; sal -s only tl'eotcd with difficulty.