LATE TELEGRAMS.
London, May 5. The steamer Queen of the Thames is lost.
' Gladstone has opposed the discontinuance of the telegraphic and postal services on Sundays. The Chancellor of the Exchequer, in introducing his budget, Faid that the resources of the United Kingdom ivere elastic. The actual revenue was two and one-third millions in excess of the estimated revenue, and the expenditure was half a million less than expected. In the House of Commons the Attorney-General and Disraeli said that any treaty must be respected until formally revoked. Gladstone said that the real target for the Opposition is the abolition of purchase-system in the army. A vote of censure upon the naval administration, owing to the loss of the Captain, has been defeated. The estimated expenses of the army including the abolition of the purchase system, is £16,000,000) and for the navy, £9,750,000. A. revenue tax was proposed upon matches, but withdrawn, and an additional twopence per pound proposed to the income tax.
The Budget was opposed, but advices state that the Government obtained a majority of 46 in favour of a modified Budget.
The Women's Franchise Bill was defeated.
The Prince of "Wales opened the International Exhibition at Kensington.
A proposal to reserve a portion of Epping Forest as a public park has been defeated.
In the House of Lords, Earl Granville announced that official despatches had been received confirming the reported safety of Dr Livingstone at Zanzibar. He had been destitute, but his immediate wants were supplied. Bothwell won the Newmarket Stakes; Stirling, second; King of the Forest, third. A slight earthquake has been felt in Scotland. SHIPPING-. The Nebraska's passage occupied 23 days 19 hours, being one day five hours under the contract time. She left San Francisco on May 6th at noon and Honolulu on the 14th at 7 a.m.
Passengers: For Auckland—Messrs J. Ellis, J. C. Matson, J. Duncan, E. Parsons, J. "W. Stewart Forbes, A. K. Mason, J. Humphreys, Kobert Bird, J. E. Cobb, G. Morris, Miss Sophia, West, and 26 for Sydney and Melbourne.
New York, April 24.—Sailed: Gamecock and Agra for Melbourne and Dunedin.
London. —Arrived: Asterope, Coun. tess of Kentore. Sailed: Excelsior, Coronella, Otago, for Dunedin. Loading: Speedy, for Canterbury. COMMERCIAL. London, April 22. The wool sales have been largely attended, and competion was animated. Prices for Australian were a halfpenny to a penny higher, the advance on greasy wools being most marked. In tallow but little doing. £707,000 worth of N..Z. debentures were taken up at and above 96, £492,000 at and above £951, the average rate being 95£. The New South Wales loan has been tendered for, the limit, fixed being 98i. Two thirds of the tenders were above that limit.
New Zealand Loan and Mercantile Agency are at -jj- to £ premium ; Trust and Loan 1-jj- to l£ths. Otago and Southland luvestment, £ dis. to i prem.; Bank of New Zealand 16A to IG£.
The closing quotations are new Zealand Sixes, 108£ to 109£; Fives 97| to 98£. The money market is easy.In Flax, 300 bales were offered, being balance of old parcels and of low quality. Low prices were accepted. Holders of good samples are firm. L & J parcels realised £34. Large arrivals by the Countess and William Davie are expected to depress pricos.
Afc San Francisco, mgher. No shipments are being made, and local speculators are operating at 2f to 3 cents per lb for fair samples. Flour, best samples, is worth Bdola to 8 2-sth dols. The wool market is inflated; quo. tations are 25 cents to 33 cents for inferior qualities.
AMERICA
May 6. The Joint High Commission has practically concluded its labours, and is only awaiting the action of the British Cabinet. The conditions of treaty are not definitely known. It is believed that the Canadian Fisheries rights will be conceded to America, together with the navigation of the St Lawrence for a specified in. demnity.
No reciprocal concessions are to be made to Canada by the United States. The Alabama claims are to be sub. mitted to a special commission, and the claims of British subjects arising out of the acts of the rebel states are to be placed upon the same footing. The question of the north-west boundary, including the title to the island of St Juan, is to be submitted to arbitration.
The Kings of Belgium and Italy and the President of the Swiss Republic are the arbitrators.
The treaty is to be signed on the 9th of May.
It is said that the temper of the American people is against the pro. posed mode of settlement of the Alabama claims.
Mrs Laura D. Fain has been con. vieted of the murder of her J ate para, mour, the Hon. Mr Critenden. The sentence of death will probably be commuted to imprisonment for life. Floods at New Orleans have caused immense loss of sugar. Herr Bandmann has been badly received at Virginia City. VERY LATEST. Paeis, May 6. The Commune has released the Commandant of Vincennes. Eossel is unpopular with the Coinmune. The Communists and Government troops have been fighting all night ani this morning. The Prussians incercept all prisoners being taken into Paris. Fuankfokt, May 6. Bismarck, Favre and Quertier have arrived. The former received an evation. They are to meet in consultation on the affairs of France. New Yoke, May 6. A special despatch from Yersaillej says that the German authorities have telegraphed that if the Versailles Government do not enter Paris by the Sth instant, the Prussians will re-enter on the 9th. A grand attack is to be made on the Sth. There was a stormy session of the Commune yesterday. The chief of the flotilla has been arrested, charged with deceiving the Commune regarding the quality of the stores in the ships under his charge.
Considerable satisfaction is evinced in England at the appointment of Dr Eeatherstone as Agent-General.
It is stated in the circular of the Loan and Mercantile Agency that Mr Vogel arrived at a very favourable time, political circumstances having conspired to offer a good opportunity for the loan, which he took advantage of.
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Westport Times, Volume V, Issue 820, 3 June 1871, Page 2
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1,019LATE TELEGRAMS. Westport Times, Volume V, Issue 820, 3 June 1871, Page 2
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