CABLEGRAM.

Daily Telegraph (Napier), Issue 2977, 10 January 1881, Page 3

CABLEGRAM.

[Rbutee's SrBCIAL to Teleghaph. ]

LONDON.

January 7 Consols are unchanged at 100^.

New Zealand securities— Five per cent 10-40 loan, 104 ; five per cent 1889 loan. 108|; four and a half per cent, loan, 98|.

Adelaide and New Zealand breadstuff's remain at last quotations. The total quantity of wheat afloat for Great Britain is 2,240,000 quarters. Australian tallow, best beef 33a 6d, best mutton 359. The total stock of tallow in London on the Ist instant was 13,500 casks. January 8. In the House of Commons to-day, the debate on the Address in Reply to the Queen's speech was resumed. Mr Parnell moved the amendment of which he bad given notice, to the effect that peace in Ireland would not be promoted by suspending the existing laws. He addressed the House at some length, but only spoke in moderate terms in defence of the Irish Land League, the object of which was, he explained, to force the landlords to reduce their rents. Mr Forster, the Chief Secretary for Ireland also spoke, and in strong terms defended the decision of the Government to apply coercion as a remedy in Ireland. The debate now stands adjourned to Monday, the 10th. ; '

A bill to repress corrupt practices at elections has been introduced iv Parliament. It contains clauses fixing heavy penalties for bribery and other corrupt acts.

The Irish Land Bill which has been brought in by the Government is not generally approved' of by the Liberal party, several Liberal members of both Houses having expressed considerable discontent with tbe provisions of the measure.

In consequence of continued urging on the part of the Cjreat Powers, the Ottoman and Greek Governments have consented to reconsider their decisions refusing the proposed arbitration of the Powers for the settlement of the TurkoGreek frontier question,

The National Bank of New Zealand pays a dividend of three per cent for the half-year.