BY ELECTRIC TELEGRAPH.—COPYRIGHT. (REUTER’S TELEGRAMS.) MONETARY .uA COMMERCIAL. London, -J uly 8. Consols have advanced by f, and are now quoted at par. New Zealand securities are un changed. The market rate of discount has further declined to IJ-, aud is now i below tbo minimum bank rate. Colonial Breadstuff's Adelaide wheat, off coast, is selling at 38s Gd ; quotations on granary are unchanged. Australian Tallow—Beef, average quality, 35s Gd; mutton ditto, 375. Tho Australian mails, per steam ship Iberia, from Melbourne (May 30), wore delivered to-day. Melbotjune, July 8. Sailed, this afternoon—Manapouri, for Bluff. THE QUEENSLAND PARLIA MENT. Brisbane, July 0. The Queensland Parliament has been opened. The Governor’s speech on tho occasion stated that tho re venue returns for tho past twelve months showed that the prosperity of tho colony was increasing. Tho speech promised tho introduction of Bills for the following purposes : —To prevent tho landing of criminals on tho Queensland coast; to provide for tho appointment of an additional Minis ter; to amend tho Volunteer Act aud remodel the force ; to provide for rail way extension out of loans ; to autho rise tho recoupment of tho expenses ot members of the Assembly. THE FRANCHISE BILL. London, July 8. In tho House of Lords to-day, tho Franchise Bill was under conside ration, when Earl Cairns moved an amendment declaring that the proposed reform is unacceptable without simul taneous provision lor the re-distribu tion of seats. After debate, the con sideration of the amendment was ad journed until to-day, when a division is expected to be taken. FEDERATION. Melbotthne, July 9. In tho Legislative Assembly last evening, the resolutions of tho Sydney Convention wero again under consi deration, when Mr Wrixon moved a series of amendments modifying tho constitution and functions of tho pro posed Federal Council, especially in the direction of providing for repre sentation of the various colonies on tho council on tho basis of population. After discussion, the amendments wore rejected by a largo majority. Mr Ser vice has given notice of motion for an address to tho Queen embodying tho convention’s resolutions. Adelaide, July 9. Arrived—John Elder, from Ply mouth. {Received July 9, 9 35 p.m.) lIODAHT, July 9. Sir IT. B. Loch, Governor-elect of Victoria, arrived horo to-day. His Excellency will reach Melbourne on Friday, the 11th inst. Arrived— r Steamship Ruapehu, from London. 