TELEGRAPHIC INTELLIGENCE

Hawke's Bay Times, Volume 8, Issue 400, 6 August 1866, Page 3

TELEGRAPHIC INTELLIGENCE

MELBOUEXE. 16th Jaly, 6 p.m. David Eannard, boot importer, has failed—liabilities, £15,000; th. 3 amount of assets not yet ascertained. Denis Eisentaedter has called his creditors together. ' ■ The first copper, from Thompson’s Eiver, arrived to-day en route for Adelaide. Walter Montgomery, the tragedian, comes here on a two years’ engagement, and has sailed. Cape news reports the close of the war between the Free State and the Basutos. -The latter have been defeated, and have handed over their land. Business is quiet, and speculation is confined to geneva and rice. Breadstuff's are heavy ; sales of Adelaide flour are reported at £l7 for town, and £lO 10s for country, and Chilian at £l4; no demand for wheat; sales of barley have been effected at 4s 104-d to ss; maize is firmer, with buyers at 5s 6d. A large sale of rice has taken place at last quotations, and the balance in stock is lield for £29 10s. Arrived —The Wonga Wonga, yesterday ; and the City of Melbourne, to-day; the Fitzjames. from London, leaking heavily; Eva Joshua, from Mauritius; White Eose, from Greenock; Star of India, from Liverpool; Malabar, from Hamburg. The Eeineville, supposed for Sydney, is off the Otway. Sailed—Wonga Wonga, for Sydney. . 8 p.m. The numerous changes taking place seem to indicate an early breaking up of the Ministry. Mr Micbie is succeeded as Minister of Justice by Mr Bindon, a County Court barrister, Mr Macgregor takes the office of Mines, Mr Sullivrn going home on a visit. Mr Yale takes the vacant office of Public Works. Mr Francis retires from the Customs; and Mr Balfour was offered the office but declined it. The banks have raised the exchange on England to one and a half per cent., on the ground that a war risk will be required by the insurance offices. Difficulties arellooked forward to in mercantile circles. The drafts of Messrs Brown and Eead, wholesale grocers, were dishonored to-day ; a meeting of creditors will bo held shortly. Business dull. Sales of Adelaide flour have taken place at £l6 10s to £l7. Nothing doing in wheat. Geneva is still enquired for. For malt 10s per bushel is asked. The insurance offices contemplate sending round a representative to King George’s Sound to iuves« tigate into the circumstances of the ship Baden. A woman named Lyons, living in Londale-st. West, was murdered by her husband this morning, who afterwards cut. his own throat, and died in the hospital. They were addicted to drinking. Messrs Dalmahoy, Campbell and Co. report a moderate supply of fat cattle, for which there is a brisk demand; prices being fully equal to last week’s quotations. Fat sheep scarce, and prices have advanced Is per head on all qualities. Sydney carcase beef arrived in bad condition, and averaged 20s. 18th July, 6 p.m. The new Ministry was sworn in to-day. Mr Miller takes the Eailway Department. It is reported that Mr Jenner takes the Customs. The Despatch, tugboat, sailed from Gravesend for Melbourne on the 9th June, The steamer Barwon was bought as she lies on the beach by Stephen Henty, for £3,500 cash.' 0. J. Don, lately a member of the Assembly, dangerously ill, in great poverty. In the import market merchants are curtailing business. Two or three small failures reported. The Silas Fish, from California, brings wheat principally; oats are wanted; sales of prime Tasmanian have been effected at 5s 9d. Maize is firmer; sales at 5s Gd to 5s 7d. Most of the Formosa’s sugar is withdrawn; that placed at auction brought current rates; a small lot No 1 Cossipore was placed at 51. MAUEITIUS, [Yia Melboubne.] News to the 14th June has been received per Eva Joshua. There is no fine sugar on the island except the stock held by Joshua, Brothers, and they are sending it in fortnightly cargoes to Melbourne. Quotations are nominal, second quality yellow crystals, 7 dollars 50 c. to 7 dollars 75 c. per 100 lbs ; good yellow counters, 5 dollars 50 cents to 6 dollars 75 cents. Flour is low owing to the largo importations, and salt beef is also dull from the heavy arrivals from America; oats, 4 dollars per 100 lbs; coals are scarce, and the first cargoes to arrive will probably realise 9 to. 10 dollars; stocks of tobacco are very small, and sales have been made at from £4 to 15 dollars per 100 lbs, and an advance is expected. The new crop of sugar is estimated to yield 150,000 tons, the largest for five or six years past. The Ziska sailed on the 9th June for Sydney, and had on board 180 tans of sugar purchased at high prices. ADELAIDE, 16th July, 6 p.m. The banks have raised the rates of discount to 9 per cent, for two months’ bills, and 10 per cent, for three months’ bills, /‘Also drawing in.discount accounts to a very considerable amount Business is consequently very dull, and merchants regard the immediate future very gloomily. The cargo of Baltic timber per Caroline, realised at auction 51d aid. The trade, evidently frightened by the present state of monetary matters, showed little inclination to ‘buy, although deals are very scarce. Several cases of robbery under arms had occurred in Adelaide streets on Saturday night. The Mayor has determined to call a meeting for the purpose of arranging to supplement the efforts of the police in putting down tiia.-e gangs. Market price of wheat, 6-. Sales otgoodbrand flour, ails 15s. Arrived. —Philip Nelson, from London. The Eliza Blanche from Melbourne to Mauritius, has put in with serious damage to hull and sails. Sailed. —Banshee, for Now.. Zealand; E, K. Bateson for Newcastle. 1

rn, . 17th July. ine rates of discount were wrongly quoted yesterday. It should have been 9 per cent, for 3 months’ bills: 10 per cent, for longer dates. W. Leaver, secretary of the Manchester Unity Order of Odd Fellows, is missing—defalcations over £IOOO. A warrant is out for his arrest. At a meeting of the Acclimatisation Society it was decided to dissolve the Society, owing to the insufficient support received from the public. A meeting at the Town Hall to-night, on the Volunteer question, is likely to be numerously attended. No sales reported. Wheat, nominally 6s ; flour. £l4 10s to £lss. 18th July, 6 p.in. A large meeting was held at the Town Hall last night, to urge the completion of the Volunteer Force instead of calling out militia. A Resolution was passed in favor of the Volunteers. The immigration question still excites popular feeling. A resolution was passed at a public meeting to the eflect that was necessary for working men to form, a political union, and to register their votrs preparatory to the next election. A fresh gold discovery has made at Glen Garnock, on the river Torrens. .The Acclimatisation Society has been dissolved, owing to inefficient support. W. Leaver, the defaulter of the Oddfellows’ (M.U.) funds has been captured. It is reported that the Government have decided on the immediate formation of a military road between Glenelg and the Semaphore. More cases of highway robbery are reported. Corn market inactive ; no transactions. Wheat, 6s to 6s Id; flour, £ls to,’£ls 10s; bran, Is 7d. NEWCASTLE. . 18th July. The inquest on the bodies recovered from the late wrecks closed to-day, and the jury returned a verdict of Found drowned.” In a rider the jury say “ that from the tenor the evidence laid before them, there ought to bo a strict inquiry instituted by the Government into the present unsatisfactory arrangements of the life-boat, its present position, and inefficient management, with a view of insuring a double crew and quick despatch of the life-boat when required for the purposes of saving life.” LATEST FROM ENGLAND. The Melbourne ‘Age,’ 14th July, savs that “ although the telegrams relative to the flight of the Pope and the advance of Garibaldi into Venetia have proved to be false, wo fear there is little doubt but that war lias already broken out. A telegram received in Melbourne, dated Loudon, 14th Juue, states that war is inevit able.”