TELEGRAPHIC NEWS

Globe, Volume VII, Issue 739, 1 November 1876, Page 2

TELEGRAPHIC NEWS

(j Per Press Agency LATEST FROM EUROPE AND AUSTRALIA. * | BY SDBMABINE CABLE.J PANIC ON THE STOCK EXCHANGE. London, October 21. There was a rumor of the prospects of war, which caused a panic on the Stock Exchange, Foreign stocks fell heavily, especially Russian. All home securities suffered much. Consols dropped I£, and are quoted at 94 Colonial debentures are slightly affected. The price of money is suffering. The bank reserve of specie has been reduced to about 19,000,000. MISCELLANEOUS. The charge for the transit of the mails between New York and San Francisco has been largely increased. Lord Dufferin, Governor-General of Canada, is dead, COMMERCIAL, The wool demand has increased at a slight advance on the August closing rates. The continued enquiry is brisk. Wheat is firm ; New Zealand 44s to 51s. New Zealand flax firm. SHIPPING, Arrived—Euterpe, ship. The Hurunui, with immigrants for New Zealand, has been detained at Plymouth, .-carlatina and diphtheria have broken out on board. AUSTRALIA. Sydney, November 1. An Adelaide telegram, dated October 20th, was read in the Assembly last night, from the Agent-General, stating that war between Turkey and Russia was inevitable, and stocks had fallen. The Bank of New South Wales has declared a dividend of 15 percent per annum, and 2J per cent bonus, and £IO,OOO has been carried to reserve. Melbourne. The Ahoena, from New Zealand to Melbourne, has encountered fearful weather. The decks were swept, and the vessel placed in imminent peril, she bore up here. Arrived Arawata.

INTERPROVIN OIAL.

|Auckland, November 1. Sailed, at 8.30 a.m.—Taupo, for South. Passengers for Lyttelton : Captain and Mrs Fraser, Mrs Groves, Messrs Berrj, Jones, Jenkins, and Handeley. Wellington, O.tober 31. Captain Fairchild reports that the Hinemoa steamer more than answers expectations. She sails and steers to perfection, and easily does twelve knots per hour. The Hinemoa, under the command of Captain Johnson, leaves to night with the members for the South ; and the Stella, ur der the temporary command of Captain Fairchild, at midnight with the members for the North. Westport, October 31. An action in the Resident Magistrate’s Court, brought by the police against the proprietors of the Theatre, for allowing dancing in contravention of clause 41 of the Licensing Act, 1874, was dismissed, the Court ruling that without proof of hiring girls to dance with men to excite them to diink, no ac'ion would hold. This is the first case of the kind since the Act passed. Dunedin, October 31. Forty - three memoers have resigned membership of the Young Men’s Christian Association, on account of the black-balling of the Rev A. R Fdchett. TheSouih Dunedin Gou cil have resolved to borrow four thousand, and the St Kilda two t vousand. A conference of suburban Road Boards bus been convened for the purpose of discussing the extending of tramways. Toe Anglican Diocesan Synod opens on Wednesday. A deputation of the Political Association waited on the Superintendent this morning to assure him of their hearty support in all measures necessary to protect the interests and revenue of the province, and requested him to protest against and resist as far as lies in his power any interference with the affairs of the province, as they exist, until he is advised by the Convention. They are to wait on him again t is afternoon. Meantime a meeting of the Executive is being held to determine a course of action. Dunedin, November 1. At a meeting of the fire brigade demonstration committee it was resolved to increase the prizes for hose and ladder practice and lend the distant brigades gear for practice and use Four acceptances have been received, and provisional promises received from four others. Nominations for the Cup close here on Saturday, Bishop Moran has gone to Bathurst to conduct the dedication services of an Ecclesiastical College. Bluff, November 1. Arrived—Otago, from Hobart Town. She left Melbourne at noon on the 25th, passed the Heads at 2.3 D, and had fine weather. Arrived at Hobart Town at noon on the 27th, left the same day, and arrived at the Bluff at 8 p.m. yesterday. She brings twentyfour saloon, thirty two steerage passengers for all ports. In saloon for Lyttelton: Misses Stevens (2), Messrs Collins, Londearn; three steerage, and 46 tons cargo.