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LATEST FROM EUROPE.

[per reuter’s agency.] Getting Common. London, Nov. 9. The cargo of frozen meat brought by Messrs R. M. Sloman and Co.’s steamship Catania arrived in excellent condition, and was submitted at auction at Smilhfield market to-day. No demand, however, was experienced, and the meat realised an average of only 3d to 4d per lb all round. Shipping. Arrived—Ship Abernyte, from Lyttelton, sailed July 18. Monetary and the Markets. London, Nov. 10. Consols are unchanged at The total reserve in notes and bullion in the Bank of England is Li 0,500,000. The Bank rate of discount is unchanged at per cent. The New Zealand 5 per cent. 10-40 Loan, has advanced by Li to ; the 5 per cent. 1889 remains at 103 ex div.; the per cent. 1879-1904 Loan is Ui. '. A , , . ■■

quoted at also an advance of Li. Pig iron, No. 1, f.o.b. in Clyde, has advanced to 525. Colonial breadstuff's and tallow are unchanged.

Resigned. Paris, Nov. 10.

In the Chamber of Deputies last night, the vote of censure proposed on the Ferry Government for its policy in Tunis, was rejected by a substantial majority, and a resolution was further adopted, at the instance of M. Gambetta, that France should loyally abide by the treaty concluded with the Bey of Tunis. M. Ferry, President of the Council of Ministers, to-day tendered his resignation and that of his colleagues, to President Grevy, and M. Gambetta has since been summoned to form a new Ministry. A Difference of Opinion. Constantinople, Nov. 10.

M.Novikoff,the Russian ambassador, has sent a communication to the Porte, declaring that the Russian Government willfoppose any agreement that may be arrived at between the bondholders’ Delegates and the Turkish Financial Commission for the settlement of Turkish finances and the claims of foreign creditors of the Porte, unless the question of the Russian war indemnity is simultaneously considered, and some arrangements come to for its payment. The Porte has replied that it cannot agree to the demand.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18811112.2.12.1

Bibliographic details

LATEST FROM EUROPE., Ashburton Guardian, Volume III, Issue 490, 12 November 1881

Word Count
331

LATEST FROM EUROPE. Ashburton Guardian, Volume III, Issue 490, 12 November 1881

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