CABLEGRAMS

Oamaru Mail, Volume IV, Issue 1278, 12 May 1880, Page 2

CABLEGRAMS

LATEST HOME AND FOREIGN NEWS. ;rf.oter ? s telegram, per press association) London, May 10. Adelaide wheat, per 496 lbs, ex warehouse, 525. Flour, per 280 lbs, ex warehouse, 37s 6d. Leather, steady, llfd. At the wool sales to-day, 12,100 bales were offered, making a total of 184,900 bales catalogued since the opening. The tone of the market y/as firmer- Locks and pieces were in fair demand. The Right Hon. W. E. Gladstone has written a letter to Count Karolyi, the Austrian Ambassador in London, expressing deep regret for his (Mr. Gladstone's) censure on the foreign polipy of Austria, which, he says, was uttered in default of the assurance nqvv received that Austria has no desire to i extend her rule to the Balkans. I

Consols remain unchanged at 99|. New Zealand securities are at last quotations, viz.—s percent. 10-40 scrip, 103£ ; 5 per cent, loan (1880), 107 ; and 4-£ per cent, loan (1879-1904), 99£.

New Zealand wheat is quoted at 42s c.f.i.

Australian tallow is without quotable change. DIRECT AUSTJiALJA2s NEWS. (REUTERS TELEGRAM PER PRESS ASSOCIATION.) Melbourne, May 11. Parliament was opened to-day by commission.. Sir Charles Macmalion was elected Speaker by 44 to 39.. All the jnerrjbers present were sworn in. Great scarcity of coal at present exists in Melbourne, almost reaching a, famine, owing to the strike of miners at Newcastle,

May 12, Parliament lias been opened by the Governor, whose speech on the occasion says that the defences of the Colony are being proceeded with. The International Exhibitipi). is to be opened in October. The estimated co?t is L 320,000, and the receipts are expected to be L 70,000. A Board has been appointed to report upon the

question of water supply. A further extension of railways in the Colony will be undertaken. A new Judicature Bill is now under consideration. The depressed state of trade is passing away, the harvest prospects being favorable to a return of prosperity to the Colony. It indicated that new measures were to be brought forward for the consideration of Parliament, which will include Bills for the occupation of unalienated lands, for economical railway management, for Civil Service, for water conservation, for mining on private property, for suppression of the rabbit nuisance, and making better provision for the public health, and that the census of the Colony will shortly be taken. Sailed—Tararua, for the Bluff. Sydney, May 12. In the Legislative Assembly last night, a resolution adverse to granting land for church sites was carried against the Government.