NEWS BY CABLE.

New Zealand Times, Volume XXXIII, Issue 5506, 19 November 1878, Page 2

NEWS BY CABLE.

SPECIAL TELEGRAMS. London, November 13. Obituarj—Captain Jiile, Royal Navy. November 11. At the inquiry into the Woolwich collision the jury, after long deliberation, found both vessels blameable. Eearful gales have been experienced on tho coast.

The Blair Athol, bound to Australia, has put back, having sustained damage. The ship .Woodlands has also returned, having been in “collision.

Donner and Co., of the China trade, have failed for £IOO,OOO. succeeds Grant as President of tho Royal Academy. A Standard telegram from Rome says Cardinal Macabo succeeds Cardinal Cullen. s

The Piako, bound for New Zealand, arrived at Pernambuco with her cargo on fire.* The passengers were transferred to the Loch Doon, bound for Queenstown. In view of the Afghan war, an influential agitation is going on to convene Parliament on the 15 th. The Marquis of Lome and Princess Louise have sailed for Canada. November 15, . Sir Arthur Gordon, Governor of Fiji, on the occasion of his "being presented with the freedom of Aberdeen stated that he recognised the eminent qualities of the higher permanent colonial officials, but deprecated the eagerness of the Colonial Office to avoid party questions as calculated to reader Governors careless of the interests of the colonies. November 16. Ellison has been remanded for the gold rob-, bory on board the Avoca. Scotland has subscribed £170,000 towards the Glasgow Bank relief fund.

Bank rate, six ; market, Money is in less demand; rates are dropping; a redaction in the Bank minimum in expected. The Bank reserve has acquired fresh strength week by week ; eleven and .a half millions are now in reserve. The stock markets show improvement daily. Consols firm at 96. Australian securities have experienced a strong revival. Victorian 4 per cents., 94. Sydney, 99. New Zealand 5 per cents., consolidated, are quoted at 102 ; New Zealand 4£ per cents., February-August, 94,f-. The Egyptian fund has been fully subscribed. The corn market is unchanged. (REUTER’SiSPECIAL TO PRESS AGENCY.) London, November 16. In consequence of the Afghan difficulty a committee is now forming, of which Lord Lawrence is chairman, in favor of an immediate meeting of Parliament. Rome, November 16. The Tiber has overflown its banks, partially inundating Rome. New York, November 14. The President of- the United States ordered the payment of the Halifax award on the 22nd November. Lord Salisbury, replying to the United States Secretary for Foreign Affairs respecting the award, said he was prepared to consider in a friendly spirit America’s proposals.