LATER EUROPEAN AND AMERICAN NEWS.

Southland Times, Issue 1103, 2 August 1869, Page 2

LATER EUROPEAN AND AMERICAN NEWS.

♦ The * Argus' of the 26th ult., contains thefollowing items of late European and American news : — Syditey, July 24. The Annie Main has brought San EranCisco dates to the 25th May ; and from the papers to hand the following items are extracted : — Messrs Scheppler and Co., German bankers, having a large European connection, have failed at New York, Liabilities, ten million dollars. The Pacific Kailway is running satisfactorily. A Spanish war vessel is reported to have fired into and sunk a British brig off the coast of Cuba. A telegram, dated London, May 23, states that O'Sullivan, who had resigned th c mayoralty of Cork on account of the action taken in Parliament upon his seditious speech at a pnblic dinner, had been re-elected mayor. Prince Augustus is a candidate for the Spanish throne. Queen Isabella has stated her willingness to formally abdicate in favor of her son. Admiral Tdpete has been appointed Minister for the Colonies. The revolution in Cuba continues to be conducted with great activity. The Eoyal Cannadian Bank, Toronto, has stopped payment. A great fire bad occurred at Cincinati, by which six large steamers were destroyed, besides other property. President G-raut and Senator Sumner have quarrelled.

San Francisco, May 25. Australian coals are quoted at 12dols. The market for breadstuff's is rather firmer ; nour quoted at 4dol. to 4.25d01. ; wheat, 1.25d01. to 1.55d01. ; barley, 1.20d0l to 1.45d01. ; oats, 1.35d0l to 1.70d0L The barques Penang and Burns are loading for the Australian colonies. Arrived. — Lottie Maria, from Melbourne.