NEWS BY CABLE.

New Zealand Times, Volume XXXIII, Issue 5434, 27 August 1878, Page 2

NEWS BY CABLE.

SPECIAL TELEGRAAIS.

London, August 24. Owing to the Turks refusing to evacuate Podgoritza, iu conformity with the arrangement made by the Berlin Conference, the Montenegrins are besieging, it. The consuls at Constantinople are trying to arrange matters. It is rumored on the Stock Exchange that Lord Dufferin is to be the British Commissioner in Asia Minor. It is persistently reported that President MacMahon will resign in the autumn. The present loss of the Austriansjpn Bosnia amounts to thirteen hundred men. The money market is unchanged. Consols 94fJ. Business is dull on the Stock except for Egyptian securities, which have greatly advanced, owing to tho settlement of Egyptian finances. The woolsalesare progressing satisfactorily ; prices are well sustained at opening rates. For tho home trade there is fair competition ; the foreign buyers are operating cautiously. The corn market is easier. Some heavy failures are announced, including Messrs. James Virtue and Co., Baldy, Hester, and Co., and Tinsley Brothers, all in the publishing trade. Tho cricket match Australian Eleven v. Eighteen of Scarborough is concluded. In the first innings the Australians scored 295Scarborough in tho first innings scored 124, and in the second 125. The Australians won in one innings with 46 runs to spare. August 25. For the Dunedin municipal loan over £229,100 was subscribed at an average price of £95 Is. 7d. Tho Dowager Queen Christina of Spain is dead. A Vienna rumor says the cession of the island of Tenedos to England is probable. There is a general mobilisation of the Austrian army. (REUTER'S SPECIAL TO PJiESS AGENCYJ London, August 24, The Post urges the British Government to annex Herat and Ivandahar, should tho Ameer of Afghanistan refuse to receive the mission sent by the Indian Government to Oabul. A Turkish amp corps has beeu sent to the Tnrko-Montenegrin frontier. Consols, 94f ; bank rate, 5 ; market rate, 4-J. Tho Dunedin 5 per cent, six hundred thousand loan has been covered ; minimum 95L Wheat (Adelaide), fifty to fifty-two; flour, thirty-five. Since the wool sales commenced twenty-ono thousand bales have been offered. The closing prices of last sales were_fimly maintained. Athens, August 24. Considerable difficulty has arisen in carrying out tho decision of the Berlin Conference re the extension of the provinces. . . Vienna, August 24. The Austrian troops have again attacked and routed tho Bosnians after severe fighting. St. Petersburg, August 24. The Qolos this morning says that Russia is about to issue a new internal loan. AUSTRALIAN NEWS. ■ Melbourne, Saturday, Sir’ George Bo won has accepted the Governorship of Mauritius. It he will leave in a couple of mouths.