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Waikato Times, Volume X, Issue 814, 4 September 1877, Page 2

London, August 31. The AgenkGeneral's telegrams, dated 6.40 p m, says : — , y After furious fighting at Shi|.ka Pass and immense losses on both sides, the Russians still retain possession, Suliemau Pasha is trying to surround the .Russians to destroy their line of communication and prevent their retreat to Gabrova. Both sides received large rein* forcements. ; Servia is expected to take part in the war. Grece is holding back. .■••.. Germauy is supported by otljer powers in its complaint to Turkey of its treatment of. prisoners. Bank rates are raised to three per cent. The present is commonly regarded as a period of suspense, but decisive action is shortly anticipated. . Sept Ist. Discount three per ceuti Reserve twelve million. The export trade is reviving. There is a slight fell in Colouial stocks. ' Controls, 95£. Wool — Prices maintained for good qualities ; i iferior rule lower. 106,UU0 bales are catalogued. 710,000 were withdrawn. French buyers are operating cautiously, and the demand is somewhat limited. The market has a quieter tone. Wheat firm. . The weather is unfavourable for harvesting. Imports continue large.^ New Zealand wheat 53 to 55. Inferior New Zealand 38 tov4s. MEHEMEr ALl's DESPATCH. ( THE RUSSIANS. HOTLY - • .- PuHSUED. ■■;.'■:■ B()mbay. September 1, Lls=p m Mehemet Ali telegraphs that he had nine hours' desperate fighting on the 30 th August at Karabassanter. A The right bank of the Lorn was repeatedly taken and re-taken. It was at last retained possession of by the Turks. The Russians retreated in disorder. They were hotly pursued, and compelled to abandon Ardaragrase [? Araslar] ; their loss was 4,000. The booty" taken by . the Turks was immense. The Turkish loss was. 3,000.