EUROPEAN CABLE TELEGRAMS.

Tuapeka Times, Volume V, Issue 253, 5 December 1872, Page 6

EUROPEAN CABLE TELEGRAMS.

London, November 14. The French National Assembly has been reopened. M. 'Jhiers's message gratefully dilates on the progress of the work of reparation of the present deficit, which is stated at 132,000,000f., but with the Budget of 1873 it is expected to be equalised; while in 1874 a surplus is anticipated. M. Thiers forcibly appeals to the Assembly for the maintenance of order, to secure the definite establishment of a Conservative Republic France needs repose, while an orderly Republic will inspire confidence, and surround France with friends. The decisive moment for the organisation of the Constitution has arrived, and the President hopes the work will be completed in such a manner as to be lasting and endurable. He leaves the initiative to the Assembly. There was an immense destruction of wool at the Boston fire. The stringency of the English money market is unabated. The French -Assembly has decided to elect a Committee to reply to the President's Message. It is expected the result will be an early dissolution. The London School Board has adopted a resolution for special schools for ragged children. Admiral Milne, X.C.8., succeeds Admiral Sir Sydney Dacres as First Senior Lord of the Admiralty. The Foreign Governments decline to support the Zanzibar expedition for*the suppression of the African slave, trade. London, Nov. 15. The wool sales commence on the 21st. The arrivals to date amount .to 6000 bales. The burning of 25,000 bales, partly Australian, at Boston, is expected to cause an advance. The Tirebrace divorce case is revived. The Europe, from Sydney to St. John's, was totally wrecked. The Scottish Australian Investment Company and the Trust Agency of Australasia have declared dividends of 10 per cent. each. Arrived. — Newcastle, from Melbourne. London, November 16. The Pensbalf Colliery in Staffordshire has been 'flooded. Twenty-five miners 'were killed. The trial of the Tichborne Claimant will probably be postponed until the Hilary Term It is stated that the Emperor of Germany will create life members of the Herrenhans to carry the proposed reforms. 8,000,0001b5. of wool was burned at the Boston fire. Tbe Right and Centre of the French Assembly have resolved to coalesce. Severe inundations have occurred in North Germany. The steamer Bulli and ship Syracuse have sailed for Sydney, and the Re»uie for Queensland with 341 emigrants. Commercial. — Victoria Bixes, JanuaryJuty, 11*4; ditto, April-October, 110 i; New South Wales fives, 104 ; New Zealand Consolidated fives, 101£ ; sixes, 110 A ; Queensland sixes, 109£ ; Bank New South Wales, 40 ; South Australian Bank, 33 ; tallow market quiet, stocks large ; hides, steady ; leather, dull ; hemp, quiet ; pefcro. leum and sperm oil, unaltered ; Sydney oil, L31t0L32. The Telegraph Banquet at Cannon street Hotel, on the 15th, was a great success. Over tfcree hundred, persona were present,

and Earl Kimberley presided. The chairman read a telegram from the Australian Colonies and San Francisco ; and a letter was readfrom Mr Gladstone regretting hisabsence. ■ Eight- toasts were proposed— " The Queen and the Royal Family," " Telegraph Enterprise," "The British Telegraph Cfficers and Service," " Prosperity of the Colonies," "Th« Guests," "The Ladies." During tho evening the chairman exchanged messages with South Australia, which were transmitted in two hours and -i quarter. A special commendation was pronounced on South Australian energy and enterprise. The toast " Integrity of the Empire" evoked tremendous enthusiasm. The speakers were Earl Kimberley, Mr Dutton (Agent-General for South Australia), Mr Daintree (AgentGeneral for Queensland), Sir John Pender, Lord Houghton, Sir John Rose, Mr Darvall, Q.C., Mr Babbage, MrsKnatchbull-Huges-son, Mr Strangways (Jate Attorney -General of South Australia*, Sir E. Cunard, Mr Edward Wilson, Mr M 'Arthur, M. P., and Sir James Anderson, who commanded the Great Eastern during the laying of the 1868 Atlantic cable.