REUTER'S TELEGRAMS.

Kumara Times, Issue 840, 10 June 1879, Page 2

REUTER'S TELEGRAMS.

[new ZEALAND PRESS ASSOCIATION.] LATEST. EUROPEAN NEWS. London, June 7, The homeward mails via San. Francisco were delivered tO-day At a Conservative meeting at Bury, the First Lord of the Adulirality absolutely denied that there was any difference of opinion between the British and French Governments in reference to the Egyptian question. They condemned the policy of the Ithedive, but England had resolved, notwithstanding to act quietly and safely, without precipitation. News front Capetown to March 19, states that Cetawayo had made propoals for peace, but that the negotations have failed in consequence of the refusal by the British authorities of any terms but unconditional surrender. It is believed that Cetawayo and his whole forces are at Lower Tuzulu. [special.] London, June 7. Money slightly easier : reserve, half a million lower ; consols are firm ; Colonial securities are active. The wool sales reopened with a smaller attendance, and the bidding was less spirited, but previous prices were sustained, especially in grain- Sales close on June 21st. Wheat quiet. June 8. The latest news from the Cape reports that Cetewayo sent some leading chiefs asking peace, and admitting tha‘ many of the youngest and bravest warriors had fallen. The negotiations are now proceeding. Chelmsford considers the war virtually finished. Soloveff was executed on Saturday. The leaders of politics are active in England in view of the approaching elections. The Liberals are confident of success owing to Gladstone’s resolute attitude, and Derby’s withdrawal from the Conservatives. Applications for space in the Australian Exhibition from American exhibitors far exceed the space available.

Lord Loft us, Governor of New South Wales, graded on the sth via Africa. He was otlic ally detained before. Lesseps commences the construction of the inter-oceanic canal at Paramaon tlm Ist of January next. The capita! of the company is .£10,000,000.

LATEST AUSTRALIAN NEWS. Sydney, June 8. A large open-air meeting was held to-day in favor of the commutation of •sentence of the criminals condemned to death for rape. Giv.it agitation prevails on the subject. June 9. Mr Butler formerly Attorney-General of New South Wales, d ed suddenly in Court to-day. It is rumored that the Newcastle colliers are likely to abandon the vend system.