LATEST CABLE NEWS.

New Zealand Times, Volume XXXI, Issue 4796, 5 August 1876, Page 2

LATEST CABLE NEWS.

(RVUIER'S SPECIAL TO PRESS AGENCY). Adelaide, Friday. The Lj-ee-moon returned to Port Darwin yesterday. The following are the principal cablegrams ; London, July 3. Montenegro has declared war against Turkey. The alleged reasons are that the Porte has blockaded the frontier, and proposes reforms impossible to carry out. July 4.—The Servian troops crossed the frontier and had an engagement with the Turks. The latter report that the Servians were repulsed, with a loss of 2000 men. This is denied, and the Servians declare that they succeeded in one action on the Eastern frontier of Bosnia. Subsequent actions took place, in which the victory was claimed by both sides. July 9.—The interview between the Czar of Russia and the Emperor of Austria was cordial. Gortshakoff and Andrassy were present. They agreed to note nottoiuterfere,butreserved the right to mediate between the beligerent Powers until some decisive result is arrived at. The Great Powers guarantee the neutrality of the Danube. July 15.—Replying to a deputation urging the neutrality of England in case of a general war, the Earl of Derby concurred in their object. The Government refused to accept the Berlin memorandum, because a compromise was unfeasible and was unacceptable to the Porte and insurgents. The fleet in Bessica Bay would not take the initiative, but was there because England and all countries wished to prevent the massacre of their subjects. A general war is most improbable. Prance would certainly not go to war, and Germany and her people had no direct interest in war, and England would not provoke hostilities. Austria was in a peculiar position, but her own self-interest would dictate peace. There was a powerful party in Russia, which desired that the Sclavonic Empire should be under Russian guidance and influence, but that party, however, was not now in power. The Earl of Derby believed that the Czar was a sincere lover of peace. The Russian finances and the extent of her recent conquests in Asia were reasons also why Russia should not desire war. He also confirmed the recent telegram, that the policy of non-intervention would be followed by Russia, and added that nothing would be done without the consent of the Great Powers, though England could not prevent the decay of Turkey. She had guaranteed her against murder, but not against suicide or sudden death. Mediation would bo offered if opportunity came, as he thought might shortly occur. The New Zealand loan of £1,250,000 of 5 per cent, debentures was offered, for which only £200,000 was subscribed for at 100 to 102 J. Tenders for the balance were invited at par-. Wool. —The biddings are dull, and prices without recovery. The fall is estimated at 30 per cent, on June rates of last year. Wheat is declining. New Zealand, 47e. to 50s. New Zealand hemp quiet, and prices are firm. Arrived—Jessie Osborn and Rangitikei. Sydney, Friday. The loss by recent collision between the Barrabool and Queensland is estimated at £IOO,OOO. Case brandy, 31s. Gd.; qr-casks do, 7s. 3d. to 7s. 6d.; Adelaide flour, £ll ss. to £l2 ss. per ton; candles, 9Jd. to 9|d. per lb.; New Zealand wheat, 4s. 10-Jd. to 4s. lid. per bushel; oats, 2s. 4d. to 2s. 6d. Melbourne, Friday. A clerk in the English and Scottish Bank has been arrested for embezzling £9OO, The Albion sailed yesterday.