LATEST CABLE TELEGRAMS.

Lyell Times and Central Buller Gazette, Volume VI, Issue 291, 18 September 1886, Page 2

LATEST CABLE TELEGRAMS.

London, September 9. The weekly returns of the Bank of England were published to-day. They show the proportion of the reserve to liabilities to be 47 per cent. The total reserve of notes and bullion is £12,200,000. The market rate of discount is per cent, or below the minimum bank rate. At the Colonial wool sales to-day 12,000 bales were offered. The market remains firm with an active demand. The match Australians v. South of England commenced at Brighton today, the weather being cold and inclement. The attendance was consequently small. The Home team were composed of W. G. Grace, Newham, W. W. Read, Abel, G. G. Hearn, A. Hearn, Humphries, Lahman, Phillips, Maurice Read, and Woolton. The visitors, who won the toss, elected to bat. They succeeded in compiling 207 runs for the loss of nine wickets ; Giffen, 1.b.w., 52; Jarvis, not out, 45, being the chief scorers.

The sculling race between Beach and Teenier, which took place yesterday in the final heat for the sweepstakes was rowed over the full championship course in 22miii3. 46secs., which is the fastest time on record. At the conclusion Beach received a perfect ovation, when he was presented after the race with the first prize of £I2OO. Beach spoke a few words in response to some complimentary remarks that had been made upon his rowing, in course of which he expressed regret that Edward Hanlan, ex-cham-pion, had not competed for the stakes. It is rumored that the American scullers Teenier and Ross, between whom and Beach matches have been arranged, have determined to forfeit their deposits and withdraw from their engagements. September 10. The cricket match Australians v. South of England was resumed at Brighton to-day, the attendance being moderate. Heavy rain was felling at intervals, and the wicket was heavy in consequence. The visitors, who yesterday lost seven wickets for 207, only increased the score to 219 before the last wicket fell. At the close of the day's play the South of England had lost four wickets for 90. September 11. The cricket match Australians v. South of England was continued at Brighton to-day, the weather being splendid. The attendance on the ground was good. The wicket, however, was still heavy. The Home team resumed their imimsfs, but failed to make an effective stand, as the innings closed for 13G runs ; being in the minority of 88, the Englishmen had to follow on, and were much more successful than in the preceding innings. When stumps were drawn they had compiled 245 runs for the loss of six wickets. The match was therefore drawn. W. W. Read was the principal scorer, playing a splendid innings for 102, not out. September 12. The Times to-day publishes an article which states that Raikes, Postmaster-General, at present engaged examining into the question of

reducing tho postal rates, further states that he favors the establishing of a system of universal penny postage. September 13. General Rebvers Buller, who had been despatched to Ireland for the purpose of suppressing boycotting, is now trawelling through the Country of Clare, where agrarian outrages are of frequent occurence. In the House of Commons to-day a Bill to amend the present land legislation in Ireland was introduced by Mr Parnell, and read the first time. The measure provides that Land Courts should be empowered to reduce the rents during a period of two years, and that eviction should be stayed when the tenant has deposited with the Court half the amount owing to the landlord. At the Colonial wool auctions to,day 14,000 bales were offered, andt prices firmly maintained. Wools of good quality are 4d higher than at the close of last sales. The Australian cricketers were entertained to-day at dinner by Mr Hennecker Heaton. In the House of Commons to-day the Hon. Edward Stanhope, Secretary of State for the Colonies, in reply to a question, said the proposed cable from Vancouver's Island to Australia would be attended with heavy expenditure, and that her Majesty's Government cannot arrive at a decision on the subject until the different Colonial Governments interested in the scheme shall have expressed their opinions. Constantinople, September 13. The Bulgarian National Assembly meets to-day in accordance with the summons of Prince Alexander. The meeting of the deputies who were nominated by the Sovereign has been held, when it was resolved to combine to avert any foreign occupation of Bulgaria, and for the purpose of securing the return of Prince Alexander.