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CABLEGRAMS.

LATEST HOME AND FOREIGN NEWS. ( recter's telegram, per press association. ) London, March 7. The negotiations for the purchase of the Australian cable, for the purpose of connecting Aden, and Natal, are broken off temporarily > but a favorable issue is not expected. March 11. Board of Trade returns of exports for last month continue very unfavorable. The Polytechnic has been totally burned. In consequence of the difficulty of economic settlement the Cuba Ministry has resigned, and a new Ministry formed by Cambo. Wheat is a half-penny higher ; tallow a half-penny lower. A treaty has been concluded between Germany and Samoa. The text of the treaty is kept secret. Land settlement is postponed, and the position is unchanged by the treaty. Civil war is imminent. Mr. -Berry has written a letter to the Banks, stating that the balance of the loan will not be offered for eighteen months. Paris, March 11. A report of the Chamber of Deputies Committee demands the impeachment of Broglie, Rocheaul, and Cambinet. The Government refused to accept the conclusions of the Chamber's Committee. Rome, March 8. Sentence of death has been passed on the perpetrator of the attempt to assassinate the King of Italy, on the 17th November last. Paris, March 10. The French Chamber will probably reject the motion for the impeachment of the Broglie Ministry, because MacMahon demands to be included in the impeachment if the motion is carried. London, March 11. In the House of Commons, the Chancellor of the Exchequer, in replying to a question, said the Indian Government was on the eve of active communications witli Yakoob Khan, even if they had not already commenced. The Polytechnic was only partially destroyed by fire. Numerous British manufacturers are applying for space at the Melbourne Exhibition. The Belgian, Dutch, and French Governments are also proposing to be represented there. Alexandria, March 11. The new Ministry has been formed, under the Presidency of Tcwfik, hereditary Prince. The portfolios of Finance and Works are unchanged. Constantinople, March 11. The British ironclad squadron returns to Bessika Bay in a few days. The Turkish troops have reoccupied Adrianople. St. Petersburgit, March 11. A Russian official statement has been published, stating that the plague lias disappeared from Astrachan. London, March 10. The latest Cape news states the general situation in Natal is unchanged. Colonel Pearson has repulsed an attack by large numbers of Zulus on his position at Ekowe. The enemy was defeated with I enormous loss. The hostile attitude o tho native tribes in Transvaal causes great anxiety. (special to press association.) London, March 8. The money market is easier. The Bank minimum is unchanged. Discount rates in the open market are falling. Business on the Stock Exchange is dull. The market for Colonial Government debentures is steady. The tone of the wool market has relaxed, and prices have receded. The fall is most strongly marked in crossbreds and inferior. Greasy medium to good are steady. Superior fleece, in grease, is j from" 15 to 20 per cent, below last Febj ruary rates. j The com market is steady, with an upward tendency. New Zealand wheat is selling, ox store, per 4901b5., at from 445. to 48s'. according to quality. The Spectator, in a moderate article, condemns the Berry proposals, and suggests the alternative of securing finality without abolishing the Council. London, March 11. The Turkish troops attacked the Greek band who recently destroyed a village in Thessaly. Only a few Greeks escaped. Ross* defeated Emmet in the Thames sculling match. The British Corvette Thebes was burned at Plymouth. ♦ DIRECT AUSTRALIAN NEWS. (KKUTER's TELEGRAM, PER PRESS ASSOCIATION) Sydney, March 11. Last night at 8 o'clock, off Rodhead, the steamer Barrabool, from Newcastle to Sydney, collided with the steamer Bonnie Dundee, which crossed the bows of the Barrabool diagonally. The Barrabool's boats were lowered promptly, but the Bonnie Dundee sank in three minutes. and six lives were lost. The Dundee was fully insured. The ladies, stewardess, and cabin boy on board the Bonnie Dundee were lost in the collision. The Barrabool is intact. The Governor of New Zealand embarks iti the Emerald on the 19th. Melbourne, March 11. An extensive jewel robbery has taken place at the railway station. March 12. Sailed —Albion. Queensland, March 11. Rich reefs have been discovered 30 miles from Ravenswood.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OAM18790312.2.9

Bibliographic details

Oamaru Mail, Volume IV, Issue 906, 12 March 1879, Page 2

Word Count
717

CABLEGRAMS. Oamaru Mail, Volume IV, Issue 906, 12 March 1879, Page 2

CABLEGRAMS. Oamaru Mail, Volume IV, Issue 906, 12 March 1879, Page 2

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