LATEST EUROPEAN NEWS.

Grey River Argus, Volume XIV, Issue 1798, 11 May 1874, Page 2

LATEST EUROPEAN NEWS.

[Anglo-australian press telegraph AGENCY.] UNPUBLISHED TELEGRAMS. ' London, May 1. Hostilities have been resumed in the Province of Biscay, and the Republicans are gradually advancing. May 2. The wool sales are marked by considerable langour, and 2,000 bales have been withdrawn. The merchants have decided to have only four sales of this series instead of five, and the next sales will commence on August 18. Balme and Co. report the decline on fleeces from a halfpence ; scored and lambs, from a penny to a halfpenny ; half-breds from a penny to threepence. Wheat, unaltered. Arrived, Perithesidea, from Melbourne. London, April 27. The Suez canal difficulty has been settled by submission of Baron De Lesseps. It is probable that the several powers will consider the question of the toll dues. April 28. The London Colonial wool sales opened this evening, upwards of seven thousand five hundred bales were offered, Port Phillip wools preponderating. The attendance of both home and foreign buyers was large, foreign buyers were especially numerous. The usual eagerness was observable on the opening day, and prices compared with last series show a decline. Arrived — Our Hope, Grasmere, Merope, Zephyr, Columbus, Queen Bee, St. Kilda, Woodlark, Dunmore, Atalanta, Lochinvar. Sailed— Somersetshire. Berlin, April 28. In a letter from Count Arnim to Dr Dollinger, he criticises the ecclesiastial." policy of Germany. London, April 30. J. A. Youl, of Tasmania, is created a C.M.G. A civic ball was given yesterday by the Corporation of the City of London in honor of the Dnke and Duchess of Edinburgh. It was a most brilliant affair. Tenders are invited for the South Australian loan of L]Bo,ooo at 4 per cent., minimum fixed 90. Bank rate, 4 per cent. The second day's wool sale showed more animation on the part of buyers. Washed wool were Id lower, and half-breds, 2d. Cape wools remain unchanged. Lonpon, MayH. Mr Ward Hunt's representations in moving the Navy Estimates, as to the unsatisfactory condition of the ironclad fleet, occasioned much discussion in the House of Commons. The subject was again debated yesterday, when Clulders defended the late Administration. Hunt maintained the views previously expressed, and said the Supplementary Estimates were a necessity, but large expenditure is not contemplated. The elections for Wakefield and Stroud are annulled on petition. E. Green, Con -# servative had been elected for the former, and W. Stantons and G. S. Dickenson, Liberal, for the latter. New elections will be held at both places. There is a serious famine in Asia-Minor. Hundreds of persons are dying daily. Newl'ork, May 1. The overflow of the Mississippi has inundated 14,000 square miles in Louisiana, Arkansas, and Mississippi, including portions of the best cotton plantations. Teheran, May 1. The overflow of the Tigris has caused a flood at Bagdad.