NEWS BY CABLE.

Pahiatua Star and Eketahuna Advertiser, Volume 1, Issue 7, 2 July 1886, Page 3

NEWS BY CABLE.

London, June 29. A despatch lias been received from 'Jr E. L- Laysrd, British Consul at b‘ : * t aledotiia, in which he declares li at it is the intention of the French Mithoriti- - to eject settlers from that • •land in order to reacquire their land lor the ut: lenn-nt of convicts. The Salters' Company havo con- (■ rred the freodont of their livery on Sir Arthur Blytli. The Drapers’ Company had intended to admit the Lite. Sir Alexander Stuart into tlieir lively. A (utnadiari official lias sailed for .ngltnd to assist in the negotiations ■ itlj tiio Agent-Generals relatives to a denial subsidy for a Canadian-Aus-tralian cable. l*hree jtfr ‘cent Consols 101 J New Zealand securities.—s per cent. iU-10 loan, 108", 4$ per cent. 1879 1901 loan, l'i2 ! 4 per cent, inscribed • uick, 98$. The Bunk rate of discount »» -i P*t cent, olid the market rate 1 per’ cent. Colonial bread stuffs. Adelaide

wheat, ex Btore, ills od, per 496 lbs.; Adelaide flour, ex store, 84a per 2HO 11*.; New Zealand wheat, per 496 Tbs., 28a to 82a Gd, according to grade. Tullow is unchanged in value. Wool.—A catalogue of 14,900 bales was submitUsl at to day’s sale, the tone of thb market being firm. The Marquis of Salisbury accuses iff Darnell of having fabricated the story of the Conservative party havuig offered liiru Home Buie. The find tram has liocn despatched from Moutreal to Vancouver. The L reiiuli Government are making inquiries ’as to the suitableness of Madagascar for the reception of convicts. ’• Sir Samuel Davenport does not expect that the Princa of Wales will be able tg visit Adelaide.

• - London, .Tunc SO. A banquet was gixen last night at the Mansion House hv the Lord Mavor t* tbo leading colonists at prwvlit in IsuMion. Hu Royal Highness the Pnnow ot.Wales, who was present, mad* a spe cb. in the course of which ha slated that the Indian and Colon: J Lx hi hiti.it i marked an epoch in tire history of the country, and shewed to tho English nation the real greatneea

ol the Empire. Hi* Komi I Highlit** f.irthor tatesl tlmt the pndf of hto hfe wtmld he if ihs'h uvi to knit together in * fellowship England and her colonies, f raiicu* Ihlkm Bell, A gout -General * kif New Zealand, who also spoko, said that tliu enlonieta trtn completely overcome by the splendid reception accorded them, and vnured Ifi* Royal Unjimao* of the stNqmthy of the ijultuues for the hfctln rlsttd. * ' The Colonial tourists arrived in

■Gnnmixtoain Umliv, whenr-thtn were <nUrUiu.nl at 1 ui.iu.woa oy \'iv Mayor.

It is generally understood that the Imperial Ooverniiiejil wHT supporf Cunada in its attitude towards the l"uited States with regard to the Fisheries dispute. Mandalay, June 29. The rebel Burmese having erected -■tockades at Tummo, a-force of infantry and artillery was despatched to that place to dislodge the enetuy. Art • engagement ensued, which resulted | after severe fighting in the repulse of the British troops. Constantinople, June 29. 'Hie Porte has forwarded a despatch to I’rince Alexander of Bulgaria, in which he is warned of the danger* which will follow any infringement of the Roumelian statute. MKt.BorsN*. June 80. The Union Steamship's Company’s s.s.. \V a ill ora arrived this evening frotn liluff, and the same Company's sife. Wairarapa sailed tins afternoon for 4 N'ew Zealand. Sydney, June 80. Arrived, this evening—M.R.S. Mariposa, from Auckland, with inward 'Frisco mails. liiforruAtion have Wen laid against Wright, Heaton, and other carriers in connection with the rocent railwayfrauds. In the Legislative Assembly ldst night, a resolution was passed affirming the proposal for a gratuity to Bir John Robertson, for his distinguished patriotic services. Arrived, yesterday—-Union Company's steamship Tekapo, from New Zealand. Adf.i.aide, June 80. The Colonial Treasurer made a financial statement in the Legislative Assembly lasfnight. The revenue for the piest year amounted to H 2,240,000, and the expenditure to £2,890,000. The revenue was £8*6,000 below the estimate. Customs decreased by £146,000, and railway receipts by £BI,OOO. The total public debt umounts to £18,400,000. The revenue for the current financial year is estimated at £2,110,000, and the expenditure at £2,200,000. The total deficiency estimated is £B'l'2,ooo, which is to be covered by fresh taxation amounting to £109,000, including stamp taxes, expected to realise £66,000, and by a considerable reduction in the Civil Service.