CABLEGRAMS.

Oamaru Mail, Volume IV, Issue 1025, 2 August 1879, Page 2

CABLEGRAMS.

(regtek's telegram, I'KK prkm a.ssociatio.:London, July 31. Five per cent. New Zealand 10.40 loan, 104.',.

The English harvest prospects are improving. The weather has been showery for several days. Harvest will be a month late.

European harvest prospects are unfavorable, except in the case of Russia. The Panama Canal Company have issued their prospectus, proposed capital L1G,000,000. In an oflicial statement of Admiral -Amnion, United States Navy, it is declared that the Panama route is impracticable. Supplementary army estimates have been asked for the Zulu war to the extent of L 3,000,000, converting the surplus shown in the Budget into a deocifc. L 1,103,000 will be repaid by the Colonies. The deficit is proposed to be mot by Treasury bonds. For the Goodwood Stakes, Isonomy was first; Bear, second ; and Parole, third.

(.SPECIAL TO MELBOURNE ARGUS.) London, July 31.

Hornby has published a letter in the Telegraph relative to Gibson's exculpation by the Sydney cricketers, and declares that Lord Harris' statement contained the truth, and nothing but the truth.

(SPECIAL TO MELBOURNE AGE. ) London, August 1,

Gladstone's article in the Nineteenth Century denounces the British foreign policy in connection with the Berlin Treaty and the Afghanistan and Zulu wars, and he says that he considers that Earl Beaconsfield has created obligations impossible for the nation to fulfil, that home legislation is utterly neglected, and that Liberals would be justified in having recourse to obstruction tactics,

Germany is gradually acquiescing in the enforcement of laws relating to the Catholic clergy. Count Chambord has issued a manifesto reiterating adherence to Legitimist principles, and has declared his willingness to. await the course of events in France. A gun burst on a German gunboat. The inimber killed was five, and fourteen wounded.

Mr. Childers has telegraphed to Mr. Berry that Mr. Mills withdraws his resolutions relating to the Victorian crisis, because he considers the Beach Embassy despatch so well calculated to settle the dispute, and that it is unadvisable to risk a controversy with the House of Commons. !)IKKCT AUSTRALIAN NF.WS (P. EUTEIVS TELEO I: AM, VEII I'IiESS ASSOCIATION.) Melbourne, August 1. Amended agricultural statistics show a decreased yield of wheat by 957,000 bushels. The previous returns under-L-srimared the yield to the extent of I.kOOI) bushels. The yields of oats and bariey are larger than was estimated. Arrived—Tararua.