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CABLE NEWS

LATEST FROM EUROPE [per reuter’s agency.] Monetary and the Markets. London, Nov. 24. Consols are at The Bank rate of discount is s per cent., and the market rate per cent. The total reserve in notes and bullion in the Bank of England is Li 0,750,000. New Zealand securities are unchanged. Adelaide wheat, ex warehouse, is quoted at 57s j New Zealand do, 52s 6d; Adelaide flour, ex store, 425 ; Australian tallow—best beef, 39s ; best mutton, 41s 6d. There is only a limited demand for Australian hides, and prices are lower. At the wool sale to-day, 7,800 bales were catalogued. Prices were firm, and an active demand was experienced. London, Nov. 25. Consols are unchanged. New Zealand securities are without quotable change. Adelaide wheat, ex store, has declined is, and is quoted to-day at 565. New Zealand wheat remains at 52s 6d. The total quantity of wheat afloat for Great Britain is 2,400,000 quarters. Adelaide flour, ex warehouse, 425. Australian tallow—best beef, 395; best mutton, 41s 6d. At the wool sales to-day, 8,200 bales were offered, making a total of 29,900 bales catalogued since the opening. Active demand was experienced for all descriptions. The Land Leaguers Euchered. At the municipal elections which took place to-day at Cork, in Ireland, various candidates professing sympathy

with the Land League were defeated by considerable majorities.

A Handle to His Name. The London Gazette to-day contains the announcement that the dignity of Knight Commander of the Order of St. Michael and St. George has been conferred upon the Hon. Joshua Peter Bell, President of the Legislative Council of Queensland. Too Much Business. London, Nov. 26. Owing to the continued increase of business brought before the Land Courts, three additional commissions have been appointed in Ireland to deal with cases under the Land League Act. An Inauspicious Start. The barque Pampers, 588 ton, bound from Liverpool to Port Chalmers, experienced a severe gale off the English coast, during which she was dismasted; she has been towed into Penzance for repairs. Hartington on Irisn Affairs.

The Right Hon. Marquis of Hartington, Secretary of State for India, addressed a crowded meeting at Blackbnrn, Lancashire, this evning. In the course of his speech he alluded at length to the present state of affairs in Ireland; he regretted that the situation in that country caused the utmost anxiety, and was calculated to the greatest disappointment and disatisfaction. Agrarian outrages were alarming rife, and the exercise of rights of property were fraught with difficulty and danger. His Lordship added that the situation was receiving the earnest attention of Government, who would continue to act with unswerving firmness and inexhaustible patience. The Bosnians Show Fight. Vienna, Nov. 26. The decision of the Government to place Bosnia under the Austrian system of military service has caused great discontent among the Bosnians, especially on the part of those resident in the district of Cattaro, on the Montenegrin frontier. The inhabitants of that district have risen in arms against the Austrian authorities and severe fighting has already taken place between the insurgents and the Austrian troops despatched to Cattaro. Peaceful Russia. St. Petersburg, Nov. 26. An attempt on the life of General Ignatiff, Minister of the Interior, was made in the city fo-day, by a youth who fired at the general with a revolver. He was at once arrested, and has since confessed that he was instigated to commit the attempted crime. Bismarck’s Little Game. Berlin, Nov. 25. At a meeting of the Reichstag today, Prince Bismarck made a statement in which he alluded to the situation of Government in view of the result of the elections. The Chancellor announced that in the case of the failure of the projects which he would lay before Parliament he would resign the conduct of Home affairs, entrusting the same to the Vice-President of the Council, while he would himself alone retain the control of the Foreign Affairs of the Empire. The Porte is Peremptory. Constantinople, Nov. 25.

A difficulty has arisen between the Turkish and Greek Governments regarding the existence of a Greek post office in this city. The matter has formed the subject of lengthy diplomatic communications, and, as no settlement could be arrived at, the Porte has now peremptorily ordered the closing of the office. • Paying the Piper. It has transpired that Mr Bourke, Turkish bondholders delegate, did his utmost during the progress of negotiations with the Ottoman Financial Commission, to support the Government in its refusal to agree to the demand of the Russian Ambassador, that the question of payment of the war indemnity should be dealt with simultaneously with the claims of foreign bondholders.

Constantinople, Nov. 26. \ Negotiations are now proceeding b # 4i| tween the Russian Ambassador and Ot-' toman Financial Commission, with a view to arrive at an amicable arrangement regarding the payment of the war indemnity due by Turkey to Russia. AUSTRALIAN [per reuter’s agency.] The Blow Up at Hohart. Melbourne, Saturday. Telegrams received this morning from Hobart in a measure confirm the reported volcanic outbreak near that town. It is believed that the occurrence is due to a coal seam being on fire, but nothing definite isy et known. The latest intelligence from Hobart regarding the reported outbreak, is to the effect that a brilliant illumination is visible from the town, but no authentic news has yet been received regarding the disturbance. Yet Another! The prospectus has been issued of a new bank, to be styled the Bank of Australia. The capital is to be one million. Mr Munro is the promoter.

The Mail. Melbourne, To-day. Arrived, last evening—P. and O. Co.’s steamship Rome, with the English mails, dated London, Oct. 12. “Licked.” Sydney, Saturday. A cricket match between the English team and twenty-two of-the Northern District, was commenced at Newcastle yesterday. The Englishmen in their first innings scored 112, and at close of the, day’s play the twenty-two had scored 34 for the loss of twelve wickets. The match was concluded at Newcastle to-day, and resulted in a draw in favor of the local team. The twenty-two in their first innings scored 79, and the Englishmen in their second 75.' In the second innings, Newcastle had lost ten wicktes for 79 runs, when time was called. The Milburn Creek Scandal | In the Legislative Assembly last night, the Attorney-General, in reply to a question, said that legal proceedings would he instituted without delay in connection with the Milburn Creek affair. Shipping. Sailed, yesterday afternoon —Wakatipu, s.s„ for Wellington. Good Prospects. Adelaide, Saturday. Accounts of the South Australian wheat crop are favorable, and it is expected that there will be an average yield of seven bushels to the acre.

That Mysterious Fire. ITOB aim’, To-day. Hundreds of people yesterday visited the scene of the fire which has been raging in the vicinity of the Sung river since the extraordinary disturbance which occurred on Thursday last. The accounts which come to hand are most contradictory. The Mercury to-day expresses the belief that the fire is caused by burning peat moss.

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Permanent link to this item

http://paperspast.natlib.govt.nz/newspapers/AG18811128.2.13

Bibliographic details

CABLE NEWS, Ashburton Guardian, Volume III, Issue 503, 28 November 1881

Word Count
1,171

CABLE NEWS Ashburton Guardian, Volume III, Issue 503, 28 November 1881

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