TELEGRAPHIC NEWS.

Waikato Times, Volume X, Issue 766, 15 May 1877, Page 2

TELEGRAPHIC NEWS.

EUROPEAN GALO&RAMSLondon, May 8 , THE LONDON WOOL SALES. The wool sales opened to-day About 700 bales were offered, Port Philip preponderating. The attendance was large. Biddings commenced with great spirit, but prices, compared with last sales, showed a decline of 10 per cent, THE WAR, REPULSE OF THE RUSSIANS. May 11 Si The Turkish accounts state that the Russians made an attempt to cross the river Danube at Reni at the junction of the Pruth with the Danube. ■ The Russians are said to have been defeated with great loss in killed, wounded and prisoners. . The British Government has declined to take action towards the establishment of a colonial museum this year. The Brindisi portion of the Arstralian mail was delivered in London on 7th inst. Money is firm. Consols are at 94. The wheat market is calmer. * Melbourne, May 14 The elections resulted largely in favour of the stonewallers. The Ministry will accordingly resign. ■ '<». SPECIAL TELEGRAMS, [Press Agency,] Auckland, last night. The New Zealand Loan and Mercantile' Agency Company (Limited) have received the following produce telegram :—“ London, May 9. Wool sales opened at average decline of Id to on last sale prices. Since the close of last sales greasy had declined Id, scoured 2d, clothing (washed) 2d per pound. The principal decline has been in cross-bred, 16,000 bales have been sent to the manufacturing districts direct. Trade in the manufacturing districts is unchanged. Wheat market quiet. Adelaide worth 72s ; New Zealand 70s per 4961b.” Twelve candidates for the Qnehunga Council are nominated. Moanatairi, £9 10s.

The ' Star ' contradicts the report that Sir Goorge Grey will be present in the iiextV,B6Sßi:iii--oTPHt-liament. lb says he |a in good health. ...\ J3qkiaSga> . A boy was drowned froth the^Saa' Gillie -'J. ! :'--.vit 1-

The, Waiuku, brig, SaYah/iPils,' had a narrow- escape on Sunday morning on- the Waikato bar, but managed to get clear.

GaAnAMsrowN - , last night. "Sales : 'Moanatari, £9, £d ss; Cure, 7a 3d; Alburnia, 635; Queen of May, 225; Queen of May ditto Cpaidup)r lis; Piako, -9d-; City cf London, lis "6d; rHomward Bound, is 3d. .--•■

Sellers: Kuranui Hill, 29s Gel; Care, 9d; New Morning Star, 7s Alburnia, 6 4s; Queen May, contributing, lis; Piako, 9a 6t; City of London, 12s ; Waiteldfuri- ~l6s 3d; Welbome, 5s 6d; Queen; 2£ 9U; Homward Bouud, Is 4d; lied Queen, 3s. ~. ; y -.- <■■. a •■' ?: ■ The Queen of May .declared a dividend of 2s on each scrip.