TELEGRAPHIC NEWS.

Globe, Volume VI, Issue 630, 26 June 1876, Page 2

TELEGRAPHIC NEWS.

{Per Press Agency.') LATEST FROM EUROPE AND XTS T3R L X-A- • * [By Submarine Cable.] THE EASTERN QUESTION. London, May 25. There was a semi-panic on the Stock Exchange to-day, caused by general anxiety regarding the Eastern affairs. The Porte has refused, though unofficially, to take cognizance of Prince Gortschakoff’s memo, read at Berlin, and will reject it unless modified. May 26. The Times this morning published a statement that England reiterates her refusal to join in the terms as read at the Berlin Conference. England declares that the memo in which the three powers join, though professing to maintain the principles of Count Andrassy’s note, departs from its convention, and the demands being unreasonable, show that the Powers are no longer impartial mediators. France has proposed a confer* ence of the guaranteeing Powers.

May 28. There are rumours of an European Con. ference on the Eastern question. DU EENEALLY.

The Inn Benchers, after a fruitless correspondence with Dr Keneally, have commenced legal proceedings to compel the surrender of his chamber. The doctor has threatened an action against the Benchers for injuries sustained. PANIC ON THE EXCHANGE. May 29. A panic was caused on the Stock Exchange to-day by the intelligence that the foreign fleets were assembling in Bessica Bay, near the entrance to the Dardanelles. The ironclad Sultan sailed from Portsmouth to day for the Mediterranean, under the command of the Duke of Edinburgh. The general anxiety on account of Eastern affairs is unallayed. Lloyds are asking war risks. Three more ironclads have been ordered to the Mediterranean, taking a number of the British squadron men. May 30. DETHRONEMENT OF THE SULTAN. The announcement that the Sultan has been dethroned was to-day officially made. His nephew and heir presumptive, Murat Effendi, has been proclaimed Sultan in his stead. The deposition of the Sultan was peaceably elf ected by the Ministersof AbdulAziz, and he is now a prisoner. The London press considers that the dethronement of the Sultan favors a peaceable solution of the Turkish difficulty. Replying to a question this evening, Mr Disraeli said he had just received a telegram from Sir Henry Elliott, in which the only interesting fact was that Constantinople was tranquil, and the Mussulman population content. He hoped that the presenting of the Berlin memo would become needless. The situation, he allowed, was critical, but they had taken all precautionary measures, and wished decidedly to state that the interests of England are best studied and her honor vindicated by taking part in contributing towards the maintenance of peaceSt Petersburg!!, June 1. The Journal de St Fctcrslmrgh dwells on the difficulties which beset the path of the new Sultan, and declares the necessity of his yielding to the wishes of the Great Powers. London, June 2. English Consols fell over 1 per cent. Murat Effendi has reduced the civil list and promised to relinquish the revenues derived from the Crown property, to improve the finances and education ; to reorganise a State Council and a Ministry for Justice, and will instruct his Ministry to devise a form of Government that will be most suitable to all the subjects of the Empire, securing liberty to everyone. He hopes the friendship between the Empire and the Great Powers will be drawn still closer. He finally proclaims his accession to the Throne of Turkey by the Grace of God and the will of the people, PCINGE OF WALES. The Prince of Wales is confined to his room, with virus in his leg,

COMMERCIAL. Wheat is firm. New Zealand, 60s to 535. AMERICA. Washington, May 26. The report of the committee of inquiry into the conduct of General Schenck, acquits him of the charge of fraud, but strongly censures his conduct. THE ENGLISH DERBY. Mineral Colt ... ... ... 1 Fore Runner 2 Julius Caesar 3 Petrarch 4 Skylark 5 AUSTRALIA. Sydney, June 24. The New Zealand, South Australia, and Q icensland Governments have consented to share the expense of a steamer, to run from Java to Darwin, Victoria has not replied definitely. Brandy unaltered ; kerosene Is 5d to Is 6d; New Zealand oats, 2s 3d to 2s 6d j wheat, 4s lOd to 4s lid ; Adelaide, 5s 3d to 5s 4d ; Hour, £ll 15s to £l2 5s ; candles, 9 ; [d to 101. Melbourne, June 24. In Stevenson’s case the verdict was for defendants. A Queensland telegram states three escapees recently from Noumea have been r ound on the beach near Noosa. They had killed a bullock, cutting the flesh into junks ( qnd using the hide stretched on poles as tents. They had only 301 bof flour when leaving the penal settlement. They had scarcely anything to eat for eleven daysWhen a vessel bound for Sydney came alongside they refused a passage, fearing that the French Consul would arrest them.

James Dawell, teller of the Bank of New South Wales, Melbourne, absconded last week to Adelaide with £(5000. New Zealand oats sold at 3s 2d to 3s 3d. (Per Arawata, via Bluff.) The news has been mostly anticipated by cable. Messrs Stevenson’s case, by a clear majority of the Bench, was dismissed with £l5O costs. Other cases are yet to be brought against the firm in the Supreme Court. The charge against Mr Simcock, brought at the instance of the Bank of New Zealand, was dismissed. Another charge will be brought during the week. Two English defaulters have been arrested, one at Fiji, the other in Melbourne, The Ministry will attend two banquets this week before the opening of Parliament. The weather is veiy severe. There have been cold winds, hail, and storms of snow on all the high ground in the three colonies. A loan of three millions is likely to be placed on the London market in October or November. Everything is very dull, there are great complaints in business circles. Brandies are scarce, selling up to 31s 6d ; sugars and teas are going off freely, at full rates. INTERPROVINOIAL. AUCKLAND, June 21. Mr Earn ell has proceeded to Wellington to press his claim against .the Government for breaking his agreement as immigration agent. All the reserved seats for the De Murska concert are taken, Wellington, June 24. The following are the arrangements between the New Zealand Shipfing Company and the Union Company. The latter purchase the four steamers previously named for £,£7,400, £20,000 in shares, and the balance in cash. The Ladybird was taken over here, and the Phoebe at Port Chalmers to-day; the Taranaki and Wellington will on arrival at Port Chalmers. No changes will be made in the staff of the officers of these vessels. The Union Company have also nearly closed negotiations for the purchase of McMeckan’s five steamers—Ringarooma, Arawata,Tararua, Otago, and Albion. It is stated that when all these arrangements are completed greater and more economical travelling facilities will be afforded the public. It is understood that Messrs McMeckan will take part payment in shares. At the installation of Sir D. McLean, the Provincial Hall was crowded, not fewer than 300 were present, being representatives from all parts of <he colony. The ceremony was performed in the most impressive manner by. Bro D.G.M. Lazar. The musical portion of the ceremony was very effective. At the banquet subsequently 120 sat down, and the proceedings passed off with entire success. Nelson, June 24. The Alhambra and llawea, for the South, and the Taranaki for the North, are all weather bound here. They probably will not leave till to morrow morning. The heaviest gale known for years blew here last night, from the south-east, till nine o’clock, and then lulled, and afterwards sprung up from the north-east, whence it is blowing strongly now. No damage uf consequence has been done, Westport, June 24. Continuous rain has flooded the river There is a northerly gale blowing, and there is an extremely high tide, The lower part of the town is submerged. There has been no serious loss yet, but much discomfort, Hokitika, June 24. There has been a fearful flood and destruction of property. The encroachment of the sea last night and this morning was greater than has been known for nine years, From the flagstaff to Johnston’s right-of-way, near Revcll street, all the fences and outhouses have been washed away, the seu making a clean breach through the Empire right-of-way, past the Bank of New Zealand, to Caincron’s Hotel, Camp street. The gutters were cut across footpath at Crerar’s aim other shops, the water flowing through them across Revell street. Great fears are entertained for the safety of the Empire Hotel and adjoining premises, The damages amount to about three thousand pounds. A most determined attempt at suicide was made this morning. E. Stennard, brewer for Fizzy and Co. took upwards of an ounce of sulphuric acid. On its discovery Dr Junes was sent for, who promptly applied the stomach pump, and administered the usual antidotes. Mopes are entertained of his recovery.

Greymouth, June 24. Last night John James, second steward of the Tui, while stepping from the wharf to the steamer, fell into the river and was drowned. Through the bursting of a culvert about 30ft of the Brunncrton railway fell into the river. The train had a very narrow escape, the wheel of the first carriage going partly down. Traffic is stopped. Greymouth, June 26. Mr M. H. Haydon, the Grey Valley correspondent of the Grey Aryu s, has been found dead in his bed at Ahaura this morning. The supposed cause is appoplexy. Bluff, June 25. The Aravvata left Melbourne at 2 p m. on the 19th ; experienced heavy weather all the passage ; was hove to for twenty four hours. Arrived at 6 a,m. to-day. Passengers for Canterbury—Messrs McQuarrie, Glover, and Winter. [FROM A CORRESPONDENT.I Timaru, June 24. The Board of Works had a meeting to-day to consider the Rangitata bridge question. It appeared that the repairs would cost £4OOO, and the Provincial Government was of opinion that the Board ought to bear this. The Government offered, however, to defray half the cost, to be taken out in piles, which the Board bold, belonging to the province. The engineers reported that the piles, which only representated £ISOO, were unsuitable for the work, and if sold to buy other material would not fetch more than £BOO. The Board repudiated the responsibility for the bridge, which the Superintendent said rested on them, and pointed out that they had no funds. They also decided to request his Honor to obtain the necessary authority from the General Government at once for the expenditure on the work, as it was of the greatest importance that the traffic be restored. The Board was willing to carry out the work if the money was provided. It was resolved to act with the Provincial Government in establishing a ferry and maintaining it till the repairs were effected. The weather has been very rough for two days, causing a stoppage of the landing of goods from the shipping. During that time the vessels were ordered cff. The Craig Bllachie, schooner, went, but the Bose M., barque, remained.