LATEST EUROPEAN NEWS.

Nelson Evening Mail, Volume XIII, Issue 178, 27 August 1878, Page 2

LATEST EUROPEAN NEWS.

rREDTEIt'B TeLEGKAMS PER FiIESS AGENCY.] London, August 24. The Australian eleven have played eighteen of Scarborough, and beat them in one innings by 4G runs. The scores were— Australians, 295 ; Scarborough, first innings, 124 ; second do., 125. Owing to the Turks refusing to evacuate Podgoritza, in conformity with the Berlin Conference, the .Montenegrins are besieging it. The Consuls at Constantinople are trying to arrange the matter. It is rumored on the Slock Exchange that Lord Duft'erin is to be British Commissioner in Asia Minor. Tt is persistently reported that President Macmahou will resign in the autumn. The Austrian loss in Bosnia amounts at present to thirteen hundred men. The money market is unehauged. Cousols, 94;;. Business dull on the Stock Exchange except for Egyptian securities, which have greatly advanced owing to the settlement of finances. Bank rates, 5 per cent ; market rate, 4.J per ceut. Adelaide wheat, 50s to 52s ; flour, £35. The wool sales have progressed satisfactorily. Prices are well sustained at opening rates. In the Home trade there is fair competition ; foreign buyers are operating cautiously. Twenty-one thousand bales have beeu offered. The com market is easier. Heavy failures are announced as follows : —James Virtue and Co., Baldy, Dester and Co., and Tiusley Brothers, all in the publishing trade. A Turkish Army Corp3 has been sent to Turkey's Montenegrin frontier. For the Dunedin Municipal Loau, over £229,100 was subscribed at an average price of £95 Is 7d. Q'he Dowager Queen Christina, of Spain, has died at Yienua. Rumor says the cession of the Island of Tenedos is probable. There is a general mobilisation of the Austrian army. Athens, August 24. ' Considerable difficulty has arisen in carrying out the decision of the Berlin Conference re the extension of the Northern Greek Provinces. Vienna, August 23. The Austrian troops have again attacked and routed the Bosnians, after severe fighting. St. Petersburg, Angust 24. . The Gobs of this morning says that Russia is about to issue a new internal loan. [Special ] London, August 25. A telegram from Berlin says that Russia is sending fresh troops to San Stefano to replace the Guards just withdrawn ; also that arrangements are completed between England and Turkey regarding reforms in Asia Minor.