Mr Ives has been re-elected Mayor of Sydney. ' According to the latest estimate (says the ' Argus) the colonies will require to import over 130,000 tons of American wheat and Hour to meet the present, season's deficiency. The harvest prospects in New Zealand are favorable, but at best the colony will not bo able to export more than .'IO,OOO tons. Mr Neill, lecturing at the Imperial Insti tute, contended that the present federal movement in Australia will fail, because the action of New South Wales and South Australia respecting colored labor is likely to keep Queensland aloof from the move ment.
A congress of members of the Canadian House of Commons at Toronto has passed resolutions in favor of an Imperial zoll verein, which they believe all the colonies will speedily accept. The ' Cologne Gazette' says that Emperor Menelik has ceded to Russia a coaling station between Obok and EVythrea. Grave fears are entertained for the safety of the ketch Sunbeam, which left Sydney on ()etober 30 with a cargo of explosives for Townsville. A box containing the vessel's papers and a quantity of clothing was washed ashore at the Mambucca River. The crew consisted of Captain Weir and Messrs Palmer and Mackay, part owners. In his Message to Congress President Cleveland says that the day of sound finan cial methods will not dawn in the United States till the Government abandon banking business.
