CABLE NEWS. RUSSIA AND THE FINANCES OF TURKEY.

Evening Post, Volume XXII, Issue 114, 12 November 1881, Page 2

CABLE NEWS. RUSSIA AND THE FINANCES OF TURKEY.

MINISTERIAL CRISIS IN FRANCE. GAMBETTA SUMMONED TO FORM A MINI TRY. IBBTJTKB'S TELEGRAMS. 1 . London, 9th November. Tha cargo of frozen meat brought by Messrs. R. M. S toman and Co.'s steamship Catania, arrived in excellent condition, and was submitted at auction at the Smithfield market to-day. No demand was, however, experienced, and the meat realised an average of only 3d to 4d per pound all round. The Stock Exchange is closed to-day. There are therefore no changes to report in the money market. Adelaide wheat, ex warehouse, has fallen Is, and is quoted to-day at 565 ; New Zealand ditto has declined Is 6d to 52s 6d ; Adelaide flour, ex store, ha 3 fallen Is to 41s. Australian tallow, best beef, 38s ; best mutton, 41s. 10th November. Consols are unchanged at 99|. The total reserve in notes and bullion in the Bank of England is .£10,500,000. Bank rate is unchanged at 5, and the market rate at 3| per cent. New Zealand 5 per cent. 10-40 loan hag advanced by £I to 104£. The 5 per cent. 18S9 loan remains at 103, ex div. The 4£ per cent. 1879-1901 loan is quoted at 101f, also an advance of J6l. Pig iron, No. 1, f.o.b. in Clydo, ha 3 advanced to 253 per ton. Colonial breadstuff's and tallow are unchanged. Constantinople, 10th November. M. Novikoff, the Russian Ambassador, has sent a communication to the Porte, declaring that the Russian Government will oppoae any agreement that may be arrived at between the bondholders' delegates and the Turkish Financial Commission for the settlement of the Turkish finances and the claims of the foreign creditors of the Porte, unless the question of the Russian war indemnity i 3 simultaneously considered, and some arrangement come to for its payment. Paris, 10th November. 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 conoluded with the Bey of Tunis. Later. Mr. Ferry, President of the Council of Ministers, to day tendered his resignation and that of his colleagues to President Grevy, and M. Gambetta has sinoe been summoned to form a new Ministry. Constantinople, 10th November. The Porte has sent a communication to M. Novikoff, the Russian Ambassador, Btating that it cannot agree to the demand of his Government that the question of the payment of the Russian war indemnity should be considered simultaneously with the claims of the foreign bondholders.