NEWS BY CABLE.

New Zealand Times, Volume XXXIII, Issue 5443, 6 September 1878, Page 2

NEWS BY CABLE.

SPECIAL TELEGRAMS. ' London, September 3. The sunken man-of-war Eurydice has been towed into Portsmouth. The court-martial attributed no blame to anybody. By a railway collision at Sittingbourne eight persons were killed and thirty injured. A storm destroyed tile town of Miskolcz in Hungary. A hundred lives were lost. The money market report states that Australian securities arc disorganised in consequence of anticipated now loans. It is believed that the projected Victorian loan of four millions will prove a failure. New Zealand 5 per cent, consolidated are 101 ; New Zealand 4J, 94.

A double murder of a most atrocious kind took place at Northampton, where a sergeant of militia shot a quarter-master and a pay sergeant.

A large number of prizes have been awarded to Victoria by the Paris Exhibition Commissioners, including gold, silver, and bronze medals. - The Sussex match with the Australian Cricketers resulted in a draw.

In the match, Australians v. Players of England, the Players in their first innings scored 87 ; Australians, 77. Many of the beat men amongst the Players were excluded, owing to a dispute about payment. Paris, September 2.

The Victorian exhibits have obtained ten gold, thirty-two silver, and forty-one bronze medals; honorable mentions, thirty-three, and several more are coming. London, Undated.

In the Sussex cricket match the Australians won byseven wickets. Spofforth’s bowling was very effective. The Sultan has approved of the British proposals for reforms in Asia Minor, which include the appointment of Europeans in Turkish pay at the head of each village, to supervise the taxation and administration of justice. The gendarmerie is mainly officered by Europeans. Increased powers will be given to Consuls, and substantial pecuniary assistance to Turkey, to prevent them making excuses on pleas of poverty. Mr. Gladstone, in the Nineteenth Century , strongly condemns the protection policy of some of the colonies.

The bank reserve is stronger by nearly ten millions since the settlement, and money is easier. The market rate is four and a half.

The stock markets are dull. Consols, 94§. The market for Colonial Government debentures is heavy and depressed.

The tone of the wool market is firm and healthy, and sustained interest is shown by good musters of the trade. Prices, when compared with the last series, show a slight advance. Scoured and good greasy have advanced from a halfpenny to a penny. Crossbreds are unchanged. The corn market is quiet. Foreign arrivals are very large. Heavy and continuous rains have damaged the crops in the North of England. The Continental wheat harvest is generally good, that of France excepted. (HRUTERS St'KGIAL 10 VRHSS AOJBHrOV.f St. Petersburg, August 29. It is stated that the resistance on the part of the Lazis to the Russian occupation of Batoum has been abandoned. Berlin, August 29. The German Federal Council has adopted a Bill for repressing the Socialists, Vienna, August 30. The Austro-Hungarian army in Bosnia and Herzegovina will be increased to 170,000. London, September 3. Elliott has beaten Higgins in the championship sculling match. London, August 31, . Consols, 94|; bank rate, 6; market rate, 4J. Wheat and flour are unchanged. ?ive per cent. New Zealand Loan, 100 J, The wool sales continue firm, Scoured and best Sydney and Victorian fleece and greasy have advanced from sd. to Id. AUSTRALIAN NEWS. Melbourne, September 6. Arrived : Tararua, on Wednesday; Alhambra, on Thursday. . Sailed : Arawata, on Sunday. Sydney, Thursday. Arrived: Assam, at King George’s Sound. Rain is general throughout the colony, and •the races are posponed.