CABLE MESSAGES.

Akaroa Mail and Banks Peninsula Advertiser, Volume 3, Issue 267, 7 February 1879, Page 2

CABLE MESSAGES.

(FROM the lyttelton times.)

LATEST EUROPEANS < V'!\ : LoNDdk, Feb. 1. r *Tlie'.j?anterices, passed on fche Glasgow' Bank - ; :"vv,ere:~ Potter and lrftrom>ch', ls/^ofYths; Taylor, Inglis, WrightJ oalmohj and\ Stewart, eight months' imprisonmnent each. Counsel urged that they were not guilty of making false balances, and had no motive for falsifying the accounts.

The money market is rather firmer, and the Bank reserve is stronger, being nearly thirteen millions.

-Gousols, 96£. • r. . . The market for Australian securities has experienced a strong revival. . The wheat market is unchanged. A quantify of inferior New Zealand is in the market.

Wools are. quiet >at current rates. | There is l recovery in the demand fjor- 1 .fine i-w0015,.-and business is les?'depressed'. ' ~' ,' "' ' The Zulu war has cdmmenced. ■ The King refused to listen to the British ultimatum, and our troops immediately crossed the frontier, attacked and car*, ried his principal outpost. ~ Albert Grant has failed for£6Bo>ooo. The Czar is seriously unwell from asthma. Geiieral Pratt is dead.. Feb. 4. There, will be 150. Australian exhibitors at the Sydney Exhibition. The* Colonial Office has undertaken the 'conveyance of British exhibits. "■'. ' An Austro-German treaty has been concluded abrogating the of the treaty of Prague, which; provides' for the retrocession of North Schleswig. ' ; ;