LATEST ENGLISH NEWS.

Nelson Evening Mail, Volume XVI, Issue 126, 28 May 1881, Page 2

LATEST ENGLISH NEWS.

London, May 25 Arrived — Otaki, from Lyttelton, sailed February 25. May 2G. Later intelligence has been received from Canada concerning the steamboat accident which occurred near London, in the Province of Ontario, to the effect that two hundred and forty corpses have already been recovered. Negotiations have commenced between the English and French Governments for the renewal of the treaties of 1868 and 18*3 for regulating the international Commerce of the two countries! These treaties will, under the existing arrangements, terminate in October next unless their extension or renewal be agreed upon. Kecent news from Ireland states that a want of harmony is apparent in the working of the Land League, and that discord has shown itself in open disseta ons between several of the leading members. Notwithstanding the arrests which have been made in Ireland under the Coercion Ac, the power of the Laud League continues to be felt throughout the country and meetings under its auspices are still held in agitation of the land question, and it is rumored that the Government in Consequence intend to instruct the Viceroy to prohibit all. meetings of the League in Ireland. Tbe Turko Greek convention in settlement of tbe frontier difficulty having been concluded, the Right Hon. Mr Gosctuft. Ambasba9sador Extraordinary to the Porte, is now returning to London. His successor, Lord Buffet in, will leave St. Petersburg shortly for Constantinople. Consols remain at lO2J. The Bank rate of discount is unchanged at 2\ per cent and the market rate at lj} The otal reserve of notes and bullion in the Bank of England h £ 1 5,400 000. New Zealand 4£ per cent 1879-1904 loan has further advanced by £ per cent and today U quoted at 103; 5 per cent 10-40 loan v unchanged at 105; and 5 per cent 1889 loan is 104_«£ dividend. Tbe markets for Australian and New Z*a« laud breadstuffs and Australian tallow show no change in price Selected transparent kauri gum is quoted at £10 sspir owt, being an advance of £1. At the wool 6ale to-day, 9700 bales were offered, making a total of 133,900 catalogued since the opening. There was a good de- i mand for th« various lota offered. The total number of bales withdrawn from sale since the opening i> now 7000. Kome, May 26. A n3w Ministry has been formed under the presidency of Signor Depntea who held the portfolio of Interior under the last Caroli Administration. 1