CABLEGRAMS.

Mount Ida Chronicle, Volume IV, Issue 233, 22 August 1873, Page 3

CABLEGRAMS.

London, August 7. Parliament was prorogued by Commission on the sth. The Queen thanked the members of both Houses for making prompt provision for the Duke of Edinburgh, and trusted.that his approaching j marriage with, the Grand Duchess of Bus- j sia will prove a new tie between the two | countries. She congratulated the country \ on the success of Sir Bartle Frere's mission for the abolition of the Zanzibar slave trade. A commercial treaty had been completed with France, and extradition of criminals treaties with Italy,. Denmark, Sweden, and Brazil, and negotiations with the same effect were proceeding with, the other States. She thanks the Commons for their liberality in enabling the Government to meet promptly the Geneva : award. * The revenue is fully answering expectations, although trade is slack. The Bishop of Winchester has been killed by a fall from his horse. The Bishop of Ely" succeeds him. Seventy Danish emigrants for New Zealand are now in a hospital ship on the Thames at Gravesend. Four cases of cholera broke out amongst them, and two deaths occurred. Dr. Featherstone is attending them. . They are kept strictly A railway accident occurred at Wigan, and fourteen persons were killed. The English, French, and German fleets, will prevent excesses by Spanish insurgent ships. ' ' The Eev. Mr. Perks has been elected President of the Wesleyan Conference. A minority of eighteen members opposed the allowance to the Duke of Edinburgh. Mr. Baxter, Secretary to the Treasury, has resigned. ': Other resignations, are expected. Dr. Woodforde, Yicar of Leeds, has been nominated to the Bishopric of Ely. " Dr. ELenealy, in defending. the Claimi ant, described Sir Boger as of depressed | habits and^imbecile mind, which explained the absurdity of many of tile Claimant's statements, while the conduct of the latter throughout was inconsistent with his being an impostor. The Pope received a hundred. French deputies, and assured them that the Blessed Virgin would re-establish a kingdom in France. Prince Arthur's betrothal is contradicted. . - . . Grenada and Cadiz have surrendered to Government troops. The insurrection is overcome throughout Andalusia. Arrived —Northumberland, s.s. . In France the members of the Left are contriving to agitate for a' dissolution of the Assembly. The harvest is estimated to be deficient to the extent of from twelve to fifteen million kilolitres. The Counts of Chambord and Paris had a meeting at Vienna. At Berlin the cholera has appeared. The cholera, is spreading in Tennessee. The' Government bonded warehouses inNew York have been burnt dow*n. British reinforcements have arrived at the Cape Coast. Sickness and heavy lain prevent operations against the Ashantees. Commercial. —Di'scouut, 3|. Continental discounts are falling. Stocks firmer, New Zealand fives, lU3|. Wool has slightly declined. Foreign orders are slack. Antwerp sales opened on the sth, aud showed a penny advance. Balme and Co. report combing sorts 2d to 3d above -the price.paid at the close of last -series. Clothing .Id to 3|d, scoured clothing barely better. Lambs' is a shade dearer. Cross-breds are unchanged; 50,000 bales remain unsold. The sales close on the 16th.

LATEST UNPUBLISHED TELEGKAMS, j London, August B'.-. A fusion between the Orleanists and Legitimists has been accomplished. Victor Hugo is dying. The Carlis'ts have just defeated the Republicans, and captured the Republican General with 600 men. There are dissensions in the English Cabinet. ■ --.-'•• | August 9'. A reconstruction of the Ministry has

itiken pb.ee. The Marquis of Bipon and Mr. Guilders retire. Mr. Bruce retires upon receiving- a Peerage. Mr. Bright replaces.Mr. Childers ; Mr. Lowe replaces Mr. Bruce; Mr. Gladstone holds the Premiership and Chancellorship of the Exchequer together; Mr. Dodsenj Financial; and Mr. Arthur Peel, Parliamentary. Mr. Ayrton has resigned, and Mr. Adam is his successor. ; The Australian Brindisi mail was delivered on the Bth. The China, from Australia, arrived at G-alle on the 6th.

Another instance is. given by .the telegraphic summary of English news of the intimate connection between prices and the state of the Bank of England's pulse. When it" beats at the rate of 5 per cent., the millionaire looks out for a profitable harvest through discounting good paper declined at the Bank; the merchant looks ruefully at his bill-book, and racks his ingenuity to provide at the smallest possible cost for acceptances falling due; the ma- . nufacturer, if a capitalist, makes up his mind to seize the opportunity of laying in a stock of cheap raw material; and if not a capitalist, puts his mill on short time lest he should have a heavy unsaleable stock on hand; while the account sales of squatters and flax-dressers in New Zealand and Australia show a falling off of a penny or two pence a pound on wool, and a pound or two a ton on flax.. But the game is changed when the Bank pulse is only per cent. Beating so feebly, it seeks profit by ready discounting; trade disenthralled at once expands, and prices spring up to their natural value; work becomes plentiful, and all classes industrious and well to do. The commercial news .from Great Britain says:—"Discount, per cent.; Continental discounts falling; New Zealand fives* 103^;", rather a confused account of wool, which in one line is stated to have ; declined, and in the next to have advanced 2d to 3d. Commercially translated, we suppose it means prices about as high as.they are likely to be for some time to cdihe. — : Guardian.' The nomination for the vacancy caused by the resignation of Mr. Hallenstein was attended by 200 persons. The show of hands was:—Manders, 120; Barton, 21; Pyke, 15 ; Innes, 4.