TELEGRAPHIC

Waikato Times, Volume I, Issue 6, 14 May 1872, Page 2

TELEGRAPHIC

From the yew Zealand I[>:roJd. COMMERCIAL. Loudon, April 6. The wool sales lmve tormina-tod. Vhe hrst sale in March was -characterise*! by almost unexampledaniniation, prices reaching" hignei rates t am have been known during the present generation, lhe prospects ot the next sales are excellent. I One thousan 1 bales of New Zealand hemp I were sold by auction at fall prices. Tallow sells freely. Mutton, 49<s tc 42s Gd; beef, lis (3d to 42s 3d; mixed, 42s to 42s G«.L Hides sold freely at an advance of ;i farthing per lb. Leather less active ; 15,000 sides sold. Sy'uey oil, 31-S to 38s ; sperm cleared at JCUb. .-Australian wheat, 48s. to 6 is. Preserved meats considerably lower. New Zealand consolidated fives, January, April, July, -October, WH ; ditto sixes, 18'Jl, March, September, H2; ditto. January, I July! 111. ! Consols, 92. Money abundant, and dis- | count moderate at bank rates. General rise in stock markets. Juiiib at>ck undertakings very numerms. Exoorts for February-March show moderate ii crease to Now Zealand, Ihe increase j over the previjas month is £22,000. I GENERAL SUMMARY. Publicity has been given to an attempt J made by the Commissioners of Severs to ; seize 20,000 .cases of, Australian preserved nmuts, vvliicb has seri msiy prejudiced the sales. _ In the House of. Commons Sir 'William Mc Vrthur wili move an address to the , Cor I.Ik; establishment ot a .British pre lee Lord to over Fiji. - ! A L:*rent' mooting, liar, been held at Oxford | to honour. the memory of Lbshop Pat.ies »n. The total contributions ironi the United Kingdom io the Chicago Relief iunJ hive amounted to A i OO.uQO. It. is expected that the llou-jc of Lords wili pass the Hal lot U ill. The French military expenditure has been reduced by.2d,000,000 francs. CONTINENTAL. FRANCE. Thiers, on the occasion of closing* the Assembly for the Easter reeess, said .there was | order in-the interior, and peace abroad assured ,to France. Europe w;ts wMI disposed toI wards her, and France's r.evenge would be to i reconstitute the nation as regards her I alliances. The treaty of. commerce between j France and Belgium agreed to by Assembly, i proposed tax on raw materials. I SPAIN. j Some municipalities in Spain are associ- | cting themselves in order to obtain the res- , '■ toration of Gibraltar. ITALY. A projected visit of Prince Frederick and Gonnt Moltke alarms and irritates France Mazzini died suddenly at Pisa, and wa3 buried at Geneva. The funeral »vas attended • by 80,000 persons. ! ' RUSSIA. The Russian Government; have determined to re-open Sebastopol as a military and commercial harbour. ' Forty-two ambassadors have been des--1 I patched from Khiva to St. Petersburg, court- : the friendship of the Czar. r ° -• - . 1 INDIA. An influential committer has . bee,n formed '; at Bombay to raise a fund for a memorial to , ; Lord Mayo. "j " AMERICA, j Washington, April 2. :■Republicans carried the election?, thereby - increasing tiie chances of General Grant's 3 re-election. April 3. The -Foreign Committee of Congress re--2 commend the suspension of action in Fishing : Bills, owing to conditions of "Washington ; treaty. i : The Republicans carried Rhodes' Island i election. ] ' «•

'-"""..T"" ' J ' "*"""' -'gag. j,ate telegrams. London, April 10. In re.living* f'\ Lord Derby, (1 la istono saM th at the Min.stry. would ascertain their posi~> tion with regard to tho Alabama claims. . Mr. Lowe has made his financial :■ ta'-'uioJit. L.s year's expenditure wj.s .1 1.00.'),000 leSi than the money voted. The esl : ma'ed expenditure for the coming year is L"7"1. 1 0 and the revenue no.iv';,.£/V.,o"<>,n:H>. The Chancellor of 111 l* Excheque:' piM|>oses, amongst". oilier things, to reduce the income-'ax t> sixpenco in the £, exempt incomes under I.'KK) Also to abolish taxes on warehouses wljuro the rental is under £20. Ile pr )posed to retain the remaining l sui'i-liis, HoG2 y U JO as a reserve. The .National debt has been ' reduced siacjo lrfli'J by £12,740,(100. Lord Didierin succeeds Lord Lismorc in the governorship of Canada. The Queen is staying- at Baden, in strict privacy. The Prince and Princess, of Wales and family have arrived at Home. The Pi i nee bad a lengthy audience with the King' of Italy, who c mgratnlated him unon his recovery, and expressed thanks to Victoria for her constant evidences of sympathy. Also praised religious feeling- of the British nation. Disraeli was enthusiastically received at Manchester, and numerous addresses were presented by conservatives throughout Lancashire. At a raons'cr meeting- Disraeli defended the Throne as the source of al! the blessings which the British nation enjoyed; also do. monslraled the economy of iho monarchical svstem. He.spoke in favour of the House of Lords. The labourers in Warwick shire have struck, and formed a union. THE LATICST. London, April 12. Tlie House of Commons has rejected. Vernon Hareourt's motion to reduce the national expenditure. Nebraska's mails were delivered on the 28th March.