CABLE NEWS.
BT KLBOTBIO TKLKORWH — OOFTBIOBT. THE PACIFIC QUESTION. COLONIAL LOANS AND THE MONEY MARKET. THE RECIDIVISTES QUESTION. THE TIMES AND THE PEERAGE. [SPECIAL TO UNITKD PBJEB3 ASSOCIATION.] (Received September 2G, 10.5 p.m.)J Lokdon, 25th September. The frozen meat per s.s. Orient is realising ")d per lb, and the market Ls improving. Sir Saul Samuel, Agent -General for New South Wales, has informed Lord Derby that the Government of New South Wales have no dasiro to hurry him in his decision regarding 1 tho Pacific. Mr. Murray Smith, Agent-General for Victoria, is endeavouring to arrange with the various Agents-General to act unitedly in requesting Lord Derby and Mr. Gladstone to prevent foreign Powers from further acquiring any territory in the Pacific or south of the Equator, as such is both premature and annoying to the colonies. The recent announcements of further large colonial loans being placed in the market have had a disturbing influence on the money market. The retaking of evidence in the case of Merry v. the Queen (Melbourne) has been adjourned until Bth October. An English capitalist is willing to purchase Mr. Charles Fisher's Northorn Territory property for the sum of £100,000 iv cash, and £50,000 in shares. M. de Vielle, the eminent French jurist, has been despatched to Cayenne on behalf of the French Government, to enquire into and report upon the suitableness of that place for the deportation of Recidivistos. The Times, in a leading article, urge* the reduction of hereditary peerages in favour of the creation of more life peers. Information to hand from Capetown states that Usibepu deolines to recognise the present location of the Zulu reserve. The French vintage is very abundant ihis year. THE MONEY MARKET. THE CHOLERA EPIDEMIC. THE EGYPTIAN FINANCE DIFFICULTY. [BBOTKB'B TKLHOnAHS.I (Received September 27, 0.50 a.m.) London, 25th September. Console remain at 101$, and New Zoaland securities as follows:— o per cent. 10-40 loan, 104 ; 5 per cent. 1889 loan, 105J ; 4J per cent. 1879-1904 loan, 100| ; 4 per cent, inscribed stock, 104^. The total reserve in the Bank of England in notes and bullion is £13,200,000, a docrease of £300,000 during the week. The proportion of reserve to liabilities lias advanced from 42 per cent, to 45 per cent, since last Thursday. The bank rate of discount remains at 2 per cent., aud the market rate at Is. The markets for colonial produoe are unchanged. 26th September. The cholera epidemic continues to maintain its deadly character in Southern Europe. At Genoa 70 cases occurred yesterday, and at Naples 50 deaths from tho disease are reported daily. No extensive outbreak has yet occurred in Spain, and tho mortality from cholera is stated to bo moderate. A slight revival of tho epidemic has taken place at Toulon daring the past few days. Caibo, 26th September. A protest ajjuinst the -violation, of tl»o Jjaw of Liquidation by the Egyptian Government was to-day presented by tho members of the International Commission to Nubar Pasha. All the representatives of the Signatory Powers, except Italy, took part in the protest. Latest Intelligence, ("BKCTHU'b TKLKQEAMfI.I (Received September 27, 1.15 p.m.) London, 2Gth September. Arrived— Steamship Coptic from Lyttelton (Bth August).
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Bibliographic details
Evening Post, Volume XXVIII, Issue 77, 27 September 1884, Page 2
Word Count
527CABLE NEWS. Evening Post, Volume XXVIII, Issue 77, 27 September 1884, Page 2
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