LONDON WOOL REPORT.

Wellington Independent, Volume XVI, Issue 1467, 30 October 1860, Page 5

LONDON WOOL REPORT.

Notwithstanding the continuance of bad weather, our sales have progressed on the average with remarkable uniformity — a circumstance confirming the healthy position of the manufacturing interests and the generally satisfactory state of trade; considering the jeopardy in which even yet the harvest is placed, and the probability of a high range of prices for provisions during the ooming winter, coupled with every probability of dear money, it must be matter of congratulation to importers that their produce has been quitted at the average good prices, and evidences great confidence on the part of buyers to clear wool to the extent of 2,250,000 lbs. Sales have so far progressed that 80,000 bales have passed the hammer, and although occasionally discretion has been exercised by the broker selling, yet the merchants may be said to have met the market freely. It is not expected that much alteration will take place now in auction, but the oontiuuous fall of rain is causing buyers to curtail extensive operations, and were it not that many manufacturers are buying who did not attend the early sales, prices might have given way about three-half-pence. All the better classes of wool have met with steady competition, and have sold well. Inferior sorts, particularly the half washed ill-bred New Zealand, which sold at relatively low prices, being in excess of the requirements of the trade. The following telegram, per Salsette, was received iast evening by Messrs. Raymond and Co.: — Wool Market — Prices well sustained. 80,000 bales sold. Good qualities sold well ; inferior qualities at relatively lower rates. Hides : 28,000 salted Australian offered. Greater portion sold at a decline of a farthing to a half-penny. Tallow, fair demand. 11 casks, ex Kent, sold at 48s. per cwt. (From the Sydney Morning Herald. By the Salsette we have received our correspondent's letters from London and Paris, which will be found below. London, Saturday, Aug. 4. The "great event "of the day is the publication of a letter addressed by the Emperor to Count Persigny, the French Ambassador in London, but which is taken in the light of au address or letter to the people of England. It is a most remarkable letter in many cespects, It is plain, open, candid, audEnglishintone. Its iutent is to disabuse the public mind with respect to the alleged intentions of the Emperor. Itexpi esses his Majesty's desire for the continuance of the English alliance in a manner so unmistakea ble, that from first to last it commands attention, respeci> and confidence. Little effect has beeu produced by this letter. The terms of the intervention in the affairs of Syria have been definitely arranged — the result being that the foreign troops are to act in unison witli those of Turkey, and to. remain only so long as the Porte deems it advisable. The massacres at Damascus ceased on the 17th July, after from 3000 to 4000 persons bad been filled. The massacres lasted eighty hours: 6000 houses of Christains had been, destroyed, and the Jewish quarter burnt, and the Turkish houses in which Chrislian women sought refuge were burned and the soldiers drove the Christians into the flames of the burning bouses. Agitation bad spread in Bulgaria, and an organised conspiracy to massacre the Christians has been discovered, aud in Constantinople Christians have been subjected to such outrages that military measures had been necessary to j prevent greater outbreaks. M. Thouvenel has addressed a despatch to the five Great Powers, demanding the admission of Spain to their Councils as one of the great, Powers of Europe. This is Spanish arrogance with a vengeance, the attempt of the frog to puff heiself out to the size of the bull. Our Government will not sanction such a thing. The Prussian Official Gazette says, that the late meeting of the two soverigns at Topliz has bad the desired result, that by it Europe will obtain fresh guarantees /oi the maintenance of public peace, and, the respect of the equilibrium. Garabalai is now preparing 300 vessels at Messina to transport troops to the main land; while it is said that the Neapolitans are demoralised, and refuse to fight. Au insurrection has broken out at Avellino, near Naples, when the ••' foreign troops " firnd on the people, aud plundered several houses, aud they are to be disbanded, A Naples paper has appeared uncer tho title ot'Garibuldi and, the whole Neapolitan press is bold aud fearless in tone. Bills have been posted about Rome announcing the approach of a revolution Subscriptions for the sufferers by the Syrian massacres are beiug got up in all the countries of Europe. I Tho Prince of Wales arrived at St. John's, Newfoundland, 23rd July.

Lor'jl Dufferin proceeds ais the British , commissioner 'to Syria; '.'*-■* . ZZb Z'\ J I There is to be appropriated for the . national defences, between Ist August, 1860, and Ist August, 1861, as sum of 3 £4,960,000. The whole of the steam vessels of war » now lying in harbor at Royal Dockyards J I are to be flitted for steam reserve ordiI nary, to be ready in case any sudden 1 f emergency should arise for their immediate use. f London, Saturday, August 1 1. \ Th© representatives of the Great - Powers and that of Turkey have signed a protocol to the effect that 12,000 European troops shall proceed to Syria, of which France is to furnish one- half of I the number, and the remainder by the other powers ; and when required, their stay in Syria not to exceed six months. The Great Powers declare that they bave , no desire or intention to seek for any \ territorial advantage, the object of the expedition being the pacification of Syria. Ahmet Pacha, the Governor-General of the Province of Damascus, has been degraded and sent to Constantinople for trial, along with 400 other persons, implicated in .the massacres. If found guilty, they are at once to be executed. It appears that 3000 Christian women have been sold at 25 piastres each, for the harems of the Mahometans. A conspiracy against the life of the Grand Vizier has been discovered, and a general an&great panic prevails throughout Turkey among the Christians. Damascus is quiet in the city, but murders are still committed in the country. The first division of the French troops sailed on Thursday from Toulon for Constantinople. Garibaldi has been invited to Naples by the Garibaldean committee of that city, to assume the direction of the Government. Two of the King's troops at Naples had revolted and desertions were frequent. The King it is reported is about to enact that any Italian shall be able to sit in parliament, if eligible. There is great agitation in .Rome. Prince Gortscakoff bas addressed a circular to the Russian diplomatic corps abroad on the subject of Turkey, to the effect that the Russian Government thinks matters in* Turkey have oome to such a state as to endanger the repose of the East, the existence of the Ottoman Government, and the general interests of Europe, and, therefore, by order ofthe Emperor, he has proposed to the representatives of England, Austria, France, and Prussia, at St. Petersburg, that the five great Powers shall at once issue a declaration that they oan no longer tolerate existing effairs, and call upon Turkey to give substantial guarantees calculated to satisfy the complaiuts of the Christian Provinces of the Porte. France bas issued a decree allowing of tbe importation of wool through any custom stations in France. At the Review by the Queen, of the Scotch Volunteers in Holyrood Park, on Tuesday last, 21,514 men were under arms. London, Saturday, August 18. As soon as tranquility is effectually restored in Syria, it is the intention of the Great Powers to take measures for effecting the nocessary administrative reforms iv the Government of Turkey. There is to be an Indian loan of £3,000,000. Naples bas been deolared in a state of siege. Garibaldi, with men, is reported lo have disembarked near Reggio on the 10th iust.; but this is believed to be untrue. Garibaldi was iv Naples on the 4th instant, and had a conference with the principal inhabitants as to his proceedings on the main land. It was decided to await the assembling of Parliament, the eleotion for whioh was to take plaoe on the 19th. The refugees are the persons preferred as candidates by the electors, aod they openly declare themselves for the annexation of Naples to Piedmont. The Count of Syracuse, the unole of the king, has openly declared himself in favour of annexation to Piedmont, and expressed his readiness to declare himself the first subject of the King of Sardinia. The Count of Aquila, another uncle of the king, an advocate for liberal institutions, has been exiled by the Government. There is also a report that Garibaidi intends to attack Austria on the Crotia coast, aud that he will provoke a revolution in Crotian and Hungary before he attacks Venetia. I have reason to believe that all this is mere idle gossip. The embarkation of French troops for Syria is proceeding with all despatch at Toulon. Lord Dufferin, the English Commis- j siouer left MarseiUes on Saturday last for Beyrire. Portugal is about to revise her com mercial tariff by liberal reductiou in the duties. The King and Queen of Norway were crowned at Drsutheim on stb instant. Prussia is said to bave refused her consent to Spain being admitted as one of the greal Powers of Europe unless Sweden be admitted also. The following engagements are deelaeed to have been entered into between the Priuce of Prussia aud the Emperor i of Austria at their conference at Toplitz : " I. The Prince Regent and the Emperor undertake to firmly hold together on the Eastern question, on the ground of the Treaty of Paris ; to prevent everything that can effect the integrity of the i Ottoman empire, and to confer on this subject with the Cabinet of London. 2. In the home question of Germany, Austria makes some important military concessions, and engaged to make no oppo-

t sation to the liberal refortos; indentified - policy in the internal ques* tions of Germany. 3. With regard to , Italian affairs, the Prinoe of Prussia ' recognises the possession of Venetia as of real importance to' the Austrian empire ; but deoliues all. engagement on this head as long as the Italian movement is restricted to the Italians themselves. If, on the other hand a foreign Power takes part in it, the Prince Regent undertakes to lend Austria the support of the Prussian forces, 4. The Prince Regent undertakes to employ all his good offices and personal influence with the Emperor Alexander, to bring about a reconciliation between Russia and Austria." The Emperor of Austria has sanctioned the formation of tbe Society for the reestablishment of the Christian Ortbdox Faith in the Caucasus. There is still much excitement in the Turkish dominions, with rumours of various conspiracies. About 800 persons have been arrested in Syria, complicated in the late massacres, including the principal civil and military functionaries. Prince Daniel of Montenegro has been assassinated by a native. The visitors to the Great Eastern *t New York were most numerous, and about £20,000 is said to have been taken ; but in an excursion to Cape May the stewards got drunk, the passengers were not attended'to, aud were so badly treated, that an indignation meeting was held on board, and the affair denounced as a gigantic swindle ; and the excitement about ber had subsided. Tbe Prince of Wales arrived at Halifax 30th July, and was received with the most enthusiastic demonstrations of loyalty. The Irish voluuteers for the Pope's Brigade are returning in numbers from Rome, in consequence of the severe hardships they endured. The Grand Duchess Anne of Russia, sist-.-T of the Duchess of Kent, and aunt of the Queen of England, died on the 15th instant in Switzerland. London, Saturday, August 25. The present King of Dahomey is about, according io national custom, to sacrifice 2000 human beings in memory of his father, the blood of whom is to be draiued into a tank until a boat can be rowed in it. About 5000 persons of hostile tribes have been seized, and the old persous are to be bled to death. This is true. Lord Palmerston, in reference to the affair, said that Government had made endeavours to persude the' King of Dahomey to abandon this inhuman intention, but the great obstacle lo success in these endeavours was the slave trade carried on by civilized countries. All the young men and women and ohildren of the above 5000 not slaughtered, are to be j sold as slaves. As regards the Syrian massacres, Lord Palmerston oaid that Lord Dufferin will take steps to procure the liberation ofj the Christian women confined in the harems, and would, in concert with his colleagues, suggest what system of Government would conduce to the happiness of the people, and prevent the recurrence of these frightful massacres. That the Turkish Empire could not be partitioned without an European conflict, or without endowing other states with territory to the prejudice of Great Britain. The Red Sea Telegiaph is a failure. Lord Palmerston stated that the Pasha of Egypt has been induced to take a great number of shares in the Suez Canal scheme — one of the greatest delusions of modern times. The Ministerial white-bait dinner took place on Wednesday last, at the Trafalgar j Hotel, Greenwich. Parliament will be prorogued on Tuesday next, by Royal Commission, her Majesty being at Balmoral. The Emperor and Empress of the French left St. Cloud on Thursday, on a visit to lhe new departments of Savoy and Nice. The Count of Aquila, uncle of the King of Naples, has arrived at Marseilles, en route for Paris, having been exiled in consequence of a conspiracy to dethrone his nephew and obtain the crown, under a constitution of a liberal character. Considerable embezzlements have been disoovered in different Government offices of Spain ; but nothing ofa character equal to those of Austria sometime I since. s ft The youngest sister, aged 16 years, of the King of Portugal, has been married to the Prince Leopold of HobenzollernSymaringen, brother of the late Queen of Portugal. Accounts have just come from Switzerland that three Englishmen have been lost on Mont Blanc. A committee of twenty-one members ofthe Council ofthe Empire of Austria have adopted, by a majority of 18 to 3, the political programme of the" Hungarian members, for all tbe provinces of Austrian empire. This indicates the spread of liberal. institutions. The Austrian Government are making preparations for the reoeption of the King and Qaeen of Naples, in the event of their being obliged to leave their kingdom. An Austrian flotilla Has been scut to Naples for their disposal. The Revolution in Italy. — Garibaldi landed in Calabria 19th instant, with a force of 3800 men; at Melito, twelve miles off Reggio. Another body of 6000 landed at Capedelle Arose ; and another body, in 130 Sicilian vessels, lauded at Bagnara. They united and attacked Reggio, and cut the telegraph betweei that place and Parma. A revolutionary movement has eommenoed iv the Provinoes of Basilicata, and a provisional government established at Pioen-

I za. Two battallions ofthe Dragoons, ( iand several artillery nS en at Foggia, have i joined the insurgents. The Neapolitan . army is concentrated at Montelione, ajid i. a general battle is oonsidered imminent. Sir Henry Bulwer has made representations to **. the . .. Sultan respecting the dangers which threaten the Turkish Empire, and great reforms are talked of, and, as usual, will only bei talked about. Fanatical emissaries' are traversing, the Turkish Provinoes, calling on the faithful to rise in defence of the Cresent, and represent the Sultan as a degenerate Prince making common cause with the Giaours. At Balbek the ferocious mounI taineers have again attaoked the Chris- | tiaus. ... ■ It is understood that Government intends to purchase an estate for Lord Clyde, in consideration of his services in the Crimea and India; that of Harveston aud Castle Campbell is the one selected. Of course it is in Scotland London, Monday, August 27. The intelligence regarding Garibaldi's movements is to the effect that he had on the 21st instant gained another victory over the Neapolitan troops. General Cosenz with a considerable force had crossed the Straits at Fuimicio. The. port of Reggio capitulated on the same day, and the garrison was to leave with muskets and personal baggage, and the Villa Sau Giovanni had been oooupied. Two Neapolitan Brigades have surrendered to General Cosenz, and the Garibaldians are' masters of their artillery, arras, &c, and of the Fort del Pizzo, The weather is fine to-day, and was so yesterday; but on Saturday it rained heavily, as usual, and the corn market is again up to day. If the weather keeps fine the harvest will be good, bnt not otherwise We fear that heavy rain will continue, and prevent its ripening. Flour has risen 7s. per sack sinoe Monday last. The great questions oj the day are tbe probable harvest, with all its accompanying effeots and resnlts, aud the probable succsss of Gaiibaldi. If he continue victorious, he will make hie way to Naples and the king will beoome a fugitive. Tbe chances are greatly in favor of his successful career, as the royal troops are b coming dispirited, and are generally declared to be wavering, and inclined to join the insnrgpnts. As an indication of the state of popular feeling in Naples, and the sentiments of the people— it appears that fhe king, in orderto gain some popularity, paraded the streets on horseback, and with tha view of raising the oiy of "Vive le Rei," threw a large ooin of gold to one of the lowest grades of beggars, and who, in reply, cried out as desired, and in return' the king saw him destroyed by the people for so doing. The star of the king is surely setting. All the weak parts of Italy will assured, ly proclaim their independence, but Austria will not sanction Venetia's following suit, nor allow any attempt to be made without a fight ; this sbe has declared, and it is questionable if Garibaldi will do more than conquer the Neapolitan dominions and tbose of Rome — when they will proclaim iv favor of annexation to Piedmont, which will then become a powerful and first-rate State ; and finally, no doubt, will come in collision with Austria for Venetia. From the state of affairs in the East* it appears very plain that with a man like the present Sultan on the throne, nothing else than the dismemberment of the State can be expeoted ; but as it will not be accomplished without much opposition aud support by rival interests, a fearful war is likely to ensue for the settlement. The trade of the oountry is extremely dull ; and, with the present aspeot of Continental affairs, the Emperor gtill- not being trusted — the weather, and the prospects of the harvest, there is not likely to be any change for the better. Consols are fiat at 92| to f . [Bt Electric Telegraph.]