The daily gazette., 1878-11-02
FIFTH EDITION.
Engl and's Naval Stations
PURCHASE OF FDELAGOAB BAY
FROM POR
FRENCH REPUBLICAN VICTORY.
FINANCIAL DISTRESS THROUGH GREAT
BRITAIN.

FINANCIAL DISTRESS THROUGH GREAT
BRITAIN.
LONDON, Nov. 2, 1873.
1t is repoite d that the negotiations be-
{ yeeH Fnglap and Por ugal in regal TO
the cei 81 III Of DelagJa Bay, an inlet oi
the Indian Oceau Ia Southeastern Africa
(hfty-five mile, in length from north to
south and twenty miles across), have
been concluded. This solendid harbor
the natural poit for the Tiansvaa region
thus bee )mes British possession. Six
hundred thousand pounds sterling (S2,-
9J4,C0O) were paid 10y G,e t b an
to Portugal. a railway connecting The
new port with the Trausvsal wi be
begun al once. This lay is commo-
dious a.d S tie anchorage, but lis sbor, 5
are Tat anu unhealthy.
REPCBLICAN TRIUMPH IN FRANCE.
The result oflist sundays elections
for municipal delegates in 1900 com
muues OF France, as far as known, leaves
no doubt of tue issle Of lie Senator al
contest on the 9TH of January next. The
republicans having Lost no department
'Hs ca'n IS more than sufficient to turn
t." mainrity in Senate. A republican
n,aj ri'y Of at least twelve or iiit.en IS
c HndeLtly expected.
EGYPTIAN FINANCES.
Tie Messrs. Rothschild will next week
offer for public subscription 5000 900
of five per cent Egyptian bonds at from
20 TO as. The British and French gov
ernments guarantee the appointment of a
commissioner to see that the revenues
derived from the Khedive's surrendered
estates are devoted 10 the payment Off the
interest on and TO provide IA sinking fund
for this loan until its extinction.
THE SOCIAL SPECTRE.
Correspondence between Prince Bis.
marck and the Wuttemburg Minister is
published at Berlin, wherein Bismarck
states that 1t is the intention of the gov
ernment to bring about compre hensiye
revision of the customs tariff, the pre-
paratory labors for which have already
commenced. The police have iuterdictcd
the sale oftbe socalistic works of Lassalle
FINANCIAL DISTRESS.
Rumors Of impending business failures
are again ripe at Glasgow. The stoppage
is announced of John Lecke 81 CO., sad
dlers, of q lasgow aud London, with works
at Walsall. Liabilities $3.50 900.
Messrs. Matthew Il Neilman, merch-
ants OF Glasgow ana IJelth, nave FAILED.
The first secular days of May and Nov
embcr, being the days on which the bank
of England makes up its balances, are
observed as holidays by the bank and on
the Stock Exchange. Consequently those
institutions were closed yesterday.
The Sheriff at Glasgow ON Thursday
refused the application for bail 10 the
cases of the dire ctors of the City of q las
gov Bank. An appeal from the Sheriff7s
decision will be carried before the Lord
Advocate, and if refused there will be
carried to the High Court of Justiciary
at Edinburgh.
Il. Shore & Co., brokers, of Liverpool
! have failed. Liabilities $4,000.
BREAKFAST WITH ALBERT EDWARD,
The Prince and Princess of Wales en-.
teriained Sir Philip Owen and Commis.
sioner Mccormick at breakfast at the
Hotel Bristol to-day. The only otheI
guest was the Crown Prince of Den
mark, the Princess brother.
NATIONAL ENTERPRISE.
The Commission of the Grand EXhibi
tion Lottery has purchased four pictures
for prizes from the American collection
This lottery was instituted under the di
rection of the management of the Exposi
ton TO distribute certain number q
mementoes of the great show among tn
people of i rance.