LATEST CABLE NEWS.
f REUTER'S SPECIAL 10 PRESS AGENCY.) Sydney, Monday. The ship City of Foochow, from Sydney hound to Calcutta, was totally wrecked in bass Strait. The crew were saved. In their second match the Combined Team made 122 runs in their first innings. The Ringarooma leaves Melbourne tomorrow with tho Suez mail. London, March 30. The Cabinet continues to negotiate with Russia. It has been resolved to sign the protocol, although it is considered that the effect of the document will be nugatory ic case of failure on the part of Russia to demobilise her army. The English Press is not sanguine of the result of the negotiations. Turkey repudiates foreign intervention. The Council of State have agreed to an address in reply to the Sultan's speech, opposing any claim to Turkish territory, and approving the rejection of the proposals of the Conference. Layard is temporarily appointed English . representative at Stamboul. The Prince of Wales is recovering. President. Hayes sent a Commission to Louisiana, and invited the rival Govern'" l * tf South Carolina to Washington with view of a settlement of the election dispute. The mail via San Francisco was delivered on March 27. The wool sales closed on March 28. The heaviest fall was in medium and - inferior, and the reduction was owing partly to the faulty condition of the clip. Lambs and choice fleece being scarce commanded good prices., 1 Arrived—Waimate. The New Zealand Loan and Mercantile Agency report under date London, March 27 :*—The wool market is unchanged. Thc sales closed at an average decline of from 2d. >o 31. 2X5,000 bales were sold, and‘4ooo were, held over. 125,000 were taken' for export. The next sales will commence on May 8. The 1 1 How market is quiet. Public sales Australasia 2200 casks, 41s. to 395. Wheat, Adelaide, 665.; New Zealand, 545.; for 4961 bs t The leather market is flat; 500 sides, of Australasian have been sold since last report ; best side, Hd.
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New Zealand Times, Volume XXXII, Issue 5000, 3 April 1877, Page 2
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329LATEST CABLE NEWS. New Zealand Times, Volume XXXII, Issue 5000, 3 April 1877, Page 2
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