LATEST CABLEGRAMS

Inangahua Times, Volume VII, Issue 1191, 3 November 1882, Page 2

LATEST CABLEGRAMS

(PER REUTER's AGENCY.)

Received November 2, 12.30 p.m. Melbourne 2. Sailed. — Yesterday afternoon, the steamship Wairarapa, for Bluff.

Messrs Golclsborough and Co. dui*ing the recent wool auctions, have sold 3,647 bales out of 7,177 catalogued. There has been a large attendance o£ buyers and brisk competition throughout. Sydney 27. In the Legislative Assembly last night the Hon James Watson introduced his Financial Statement. After referring to the increasing prosperity of the Colony, he stated that the revenue for the past year amounts to £7,160,914 and that there was a surplus of £1,827,695. The estimated revenue for next year .£7,356,200, with a credit balance of £580,"351. He proposed to remit a number of specifij duties on household requisites, and builders and manufacturers materials. Further railway construction to the extent of 700 miles will be proposed, besides various extensions of tramway. It will not be necessary, as was supposed, to float another loan at the end of next year. The treasurer concluded by stating that the revenue for 1882-83 may probably reach eight millions. Brisbane 2. The Legislative Assembly has passed a vote of L 70,000 for defence purposes. The estimates include the purchase of two gunboats. Received November 2. London, ctober 31. The Times to-day states that it has received information that the English Governments disapproves of-, Baker Pasha's scheme for reorganisation of the Kgyptian army.

In the House of Commons to-day Gladstone stated that it was a fact that the Egyptian Government had applied for the assistance of certain British officers to conduct an expedition against the False Prophet in Sedau. he Premier said Government is insisting on the passage of his resolution for an option of cloture, but is iiot making it a Cabinet question. Paris, 31. A panic which arose at Lyons through fears of a Socialist rising, is now subsiding. Constantinople, 31. Farl Duffmn, British Ambassador, goes temporarily to Cairo, to consult in the negotiations for a settlement of affairs in Egypt. Alexandria, 31, Cherif Pasha, President of the Council of Ministers, has notified the French Consul there that his Government will not admit M. l-'redfreic, the French Controller-General, to the sittings of the Council of Ministers, as formerly.