EUROPEAN AND INDIAN NEWS.

Globe, Volume XXII, Issue 1885, 9 March 1880, Page 3

EUROPEAN AND INDIAN NEWS.

[By Tbiegbaph.] [Via Bluff.] BOMBAY, March 1. The British Indian Steam Navigation Company's steamship Vingorla, trading between various ports on the Indian coast, foundered during a terrific gale encountered off Bombay. The captain, chief officer, all the engineers, and 106 natives, comprising nearly all on board, were drowned. CALCUTTA, March I. The statements published in the Lahore “Civil and Military Gazette” last Saturday, detailing certain arrangements with regard to the future of Afghanistan, are now declared to ha without any foundation. LONDON, March 1. The Hull District Banking Company suspended payment yesterday. SUEZ, March 1. The Pacific Steam Navigation Company’s steamship Orient, which left Melbourne on -January 31st, arrived here to-day. LONDON, March 1. At the wool sales to-day 9400 bales were catalogued, making 115,200 since the commencement of the present series. Prices are firmly maintained. It is resolved to close the present series of auctions on the 12th inst., and a further series is announced to open on April 20th, the probable quantity for which is estimated at 350,000 bales. Consols are unchanged at 97|. Four and a half per cent. Victorian debentures, 1904, are at £lO3 10s. Five per cent. New South Wales, with two per cent, annual drawings, 1874 to 1898, are at £lO4 10s. Four per cent. New South Wales do, 1903 to 1905, are at £97 10s. Six per cent. Tasmanian, 1893 to 1901, are at £ll2. Five per cent. Victorian, 1894, are at £lO6 10s. The quantity of wheat afloat at this date is 1,790,000 quarters, being 40,000 quarters less than the quantity afloat last Monday. Adelaids wheat, per 496'b, ex warehouse, is at 59s 6d to 60s 6d. Adelaide flour, per 2801 b, ex warehouse, is at 425. Best Australian beef tallow is at’36s, do mutton tallow 37a. Tin has risen ss, Straits and Australian being now quoted at £93. Copper is unchanged, Burra copper being at £BO 10s, and Wallaroo at £B2.

LONDON, March 2. Mr W. Forster, late Agent-General for New South Wales, has delivered a lecture on colonisation before the Society of Arts. He attacked the immigration policy of the Australian colonies, and remarked that political success was achieved by men of the worst commercial and social character. This aroused a hot discussion. Sir Ctias. Nicholson, Bart., Mr H. E. Torr, Mr Alderman Salmons and others warmly combatted the lecturer, and the discussion was stopped on the ground of its strongly political character. A more peaceful impreesion prevails since the Ministerial speeches on the German Army Bill. LONDON, March 1, The friendly overtures made by General Roberts to the hostile Afghan chiefs have not been attended with success. Mahommed Jan, who keeps the field with a large force, when first communicated with, evinced a seeming disposition to enter into negotiations with a view of terminating the war, but, ascertaining the terms of peace proposed, expressed dissatisfaction and refused a further conference. It is reported that attempts were made ineffectually to renew diplomatic relations, so that there is no alternative left other than to renew hostilities upon an extensive scale as soon as the severe weather moderates. The St. Qothard Railway tunnel has at length been completed, the workmen commencing at opposite ends having on Saturday

communicated with each other. The success of this gigantic work has given great satisfaction.

LONDON, March 2. The “ Morning Post ” has a leader in today’s issue upon the result of the general elections, and expresses much satisfaction at the defeat of the Berry Government. The Czar being in constant apprehension of attempts upon bis life by Nihilists, has decided to leave Bt. Petersburg for the present and return to Livadia, his palace in southern Russia.

The present series of wool sales close on 12th inst. Greasy has touched 22jd per lb.