REUTER'S TELEGRAMS.

Kumara Times, Issue 839, 9 June 1879, Page 2

REUTER'S TELEGRAMS.

[new ZEALAND PRESS ASSOCIATION.] LATEST EUROPEAN NEWS. London, June 5. England and France have finally decbned to interfere in the adminstratinn of the Egyptian Government. The

British Consol-General at Cairo has generally protested against the arbitrary proceedings of the Khedive. The wool market is strong, with a hardening tendency. There is to be a new trial in the celebrated Bagot case. THE ZULU WAR. Melbourne, June 7. The Aconcagua brings news from Capetown to the 18th May. Cetawayo has made fresh overtures of peace, and sent an envoy to Colonel Clark, the officer in command at Fort Chelmsford. On hearing this, General Crearlock, commanding the district, despatched an envoy to ascertain if the proposals were honorable.

LATEST AUSTRALIAN NEWS. Melbourne, June 6. No excitement here to-day. It is believed the crisis has passed. The action of the Associated Banks created confidence. Intense excitement prevailed yesterday in the Provincial towns. The shareholders of the Australian and European Bank have resolved to make a call of £1 per share in order to enable the Bank to re-open on a restricted .. sale. At a meeting of depositors, the directors arranged a settlement of claims. The Bank will probaply reopen soon Most of the branches have been discontinued. Groat confidence is manifested in the directors. The bank will re-open if depositors continue their support. Adelaide, June 3. Wheat is firm. Numerous civil servants have been discharged. Brisbane, June 3. There is a good market here for New Zealand potatoes. The-squatters are actively moving to obtain an outlet for their surplus stock. The French Communists have escaped from Brisbane gaol, [special.] Melbourne, June 6. The National Reform Le ague propose a monster bazaar to raise funds. The acclimatisation of Californian salmon at, Ercildoun is a magnificent suci';es.s; -V'KnglisH salmon'a failure. The Victorian Government have been requested, to send vaccine matter to Fiji. A ship, with smallpox aboard, arrived at the islands. At,present the disease is confined to the “ship. ' The City of Melbourne Bank paid 300,000 sovs. from its own resources on Thursday. The Australian and European Bank will re-opeh if depositors continue to support it. Macgregor, Government whip, is insolvent. [special to the globe.] Sydney, June 5. The Sydney branch of the Australian and European Bank has just closed. The liabilities are all in Melbourne. The Sydney directors of the European and Australian Bank are Sir George limes, M.L.G., Hon Burns, M.H.R. Robert King, merchant. The colony is excited by the threatened execution of two youths for rape Petitions against the sentence being carried into effect are pouring in on the Government. Melbourne, June 5.

The Associated Banks have agreed to take the Australian and JEurnpean Banks notes. The stoppage has caused the locking up.of funds, the Union Bank refusing further advances. Arrangements have been made to pay all liabilities, but never to resume. . There was a great rush on the City of Melbourne Bank, but all demands were met in gold. The excitement is subsiding.