SPECIAL CABLEGRAM.

Oamaru Mail, Volume IV, Issue 1050, 1 September 1879, Page 2

SPECIAL CABLEGRAM.

[FROM OCR OWN ( UKUKSI-ONnKNT.] Loniion, August 20. Colonel Clarke joined Sir Garnet Wolsuley at l.'ltindi on the 11th. The 1.-ading Zulu chiefs are submitting, but CVtewayo vacillates. The prospects of ati early termination of the difficulty are cheering. Queensland four per cent, debentures are quoted at 91, and New South Wales four per cents at 07. The Australian tallow market is moderately active. Mutton : inferior, :51s to 31s 6d ; medium, '32s to 33s ; superior, 35s to 35s 3d. Beef : inferior, 29s Cd to 30s ; medium, 31s ; superior, 32s to 32s 9d. The corn market is firm and steady. Australian wheat is selling at 50s per quarter. Prices at the wool sales remain without noticeable alteration. The total quantity sold during the series is 73,080 bales. August 30. A Commission of Examiners upon the defence of the Colonies has been appointed, with Earl Carnarvon as President. Rich goldfields have been discovered at Axim, on the west coast of Africa. Sydney, August 30. Seven horses started for the Derby at Randwick, the following being the result : Mr. G. Lee's br f Nellie, Tim WhifflerSappho ... ... ... ... 1 Mr. G. Donnelly's br c Falmouth, Maribyrnong—Baroness ... ... ... t Mr. J. R. Cowell's b c His Grace, The Marquis—Beatrice ... ... + Falmouth and Hi 3 Grace ran a dead heat for the second place. Time, 2min. 50£ sec. September 1. The British Government are making an important meat-preserving experiment on board the emigrant steamship Strathlevyan. There is a large apartment below at freezing point. The experiment is being made in the interest of the colonies. If successful, the steamer will return and load with Australian meat. Secundus is backed for L 20,000 to win the Metropolitan. Normanby, September 1. The Torres mail steamer has arrived at Cooktown, with a cargo of tea and rice.