CABLE NEWS.

Globe, Volume XXIII, Issue 2370, 7 November 1881, Page 3

CABLE NEWS.

ENGLISH & FOREIGN.

[beuter’s telegrams.] LONDON, November 3. Grain Ship Sunk-

As tho barque Craig Ard from Lyttelton was proceeding from London to Hull, with 10,816 bags of wheat on board, she came into collision with the steamer Grimsby. The Craig Ard sunk in a short time, having been seriously damaged. All on board were saved. It is not known wbat damage was sustained by the steamer. The French Treaty.

The “ Times ” to-day publishes a leading article upon the present aspect of the Anglo-French treaty negotiations, in the course of which it is stated that the difficulty which exists still relates principally to the proposal of the French Government to levy specific duties upon British woollen and cotton manufactures, November 4. The MarketsConsols have advanced to 99f. New Zealand securities are unchanged. Adelaide wheat, ex warehouse, remains at 57s ; New Zealand ditto, 545. The total quantity of wheat afloat for Great Britain is 2,760,000 quarters. Adelaide flour, ex store, 425. Australian tallow, bast beef, 38s; best mutton, 41s. Effects of the Land Act-

Several decisions lately given by the Irish Land Sub-Commission sitting at Belfast have been favorable to the tenants, and have in many cases had tho effect of largely reducing the present rack rents payable by them on various estates.

PARIS, November 4, Franco-Italian Treaty.

The negotiations which have been proceeding during the last few weeks between the French and Italian Governments, have resulted in the conclusion of a commercial treaty between the two countries, which was to-day duly signed by the delegates appointed to carry on the negotiations. The Ministerial Situation.

A semi-official statement has been published, to the effect that notwithstanding the suspension of the deliberations which were proceeding between the English and French Treaty Commissioners, it is hoped that an exchange of diplomatic communications between the Governments of tho two countries may yet result in bringing about a settlement of the points raised by England, and which are still in dispute. The statement adds that the great cordiality which prevailed between the British and French delegates during the progress of tho negotiations affords grounds for the belief that a definite settlement of the Anglo-French commercial relations may be come to at an early date. Our Commercial TreatyOn the meeting of the Chamber of Deputies to-day M. Ferry, President of the Council, informed the Chamber that Ministers deferred for the present tendering their resignations, preferring to meot the proposed vote of censure on their policy in Tunis.