HOME AND FOREIGN.

Evening Star, Issue 6761, 28 November 1884, Page 2

HOME AND FOREIGN.

[Bt Electric Tbukgraph—Copyright.] [Rhumb's Telegrams.]

MONETARY AND COMMERCIAL. LONDON, November 26.

Consols remain at lOlg. The market rate of discount has advanced to 4{ per cent., and is now % per cent, below the bank rate.

New Zealand securities i—Five per cent. 10-40 loan, 104j; 3 per cent, 1889 loan, 103; 4j->r cent. 1879-1904 loan, 104f£ 4 per cent, inscribed Btock, 100$. Colonial breadstuffs (ex store).— Adelaido wheat, 35s 6d; New Zealand, 30s 6d to 335, Adelaide flour, 23s 6d. • * ,- ■■■ Austra'ian tallow: Average quality beef and mutton is now at 345,

THE WOOL SALES. LONDON, November 26,

At today's auotion 9,900 bales were catalogued. The market continued firm. The first series of next year's auctions will commence on January 20.

BYE ELECTIONS. LONDON, November 26. (Raoelvod November 27,1884, at 10 p.m.) Mr William Sproston Caine (Liberal) M.P. for Scarborough, has been reelected for that constituency, but by a reduced majority compared with that by which he was returned in 1880. Mr Thomas Sutherland has been elected to the vacant seat for Greenock.

FRANCE AND CHINA. PARIS, November 25. In the Chamber of Deputies today M. Ferry made a statement as to the present position of affairs in the East. He announced that the recent negotiations which had taken place with the Chinese Government had proved fruitless. The demands of China with regard to the basis upon whioh a settlement might be effected were exorbitant, and the French Government could only reply to those demands by asking the Chamber to vote fresh credits for carrying out operations on the Chinese coast until the present conflict conld be terminated with honor and satisfaction.

THE BOER TROUBLE.

CAPE TOWN, November 25.

The (Government are now endeavoring to effect a peaceful settlement of the disorder in Bechuanaland, and have offered (he Boer raiders farms in the unallotted territory of Stellaland. It is not yet known whether the offer will be accepted.

CAPE TOWN, November 26. (Bcoeivcd November 28, 1884, at 11.15 p.m.) The Boer raiders in Bechuanaland have accepted the offer of the Cape Government of farms in unallotted territory in Stellaland, and have agreed to evacuate the chief Montsio's territory, Bechuanaland will then be formally annexed by Cape Colony. EGYPTIAN FINANCE. LONDON, Novkmbeb 27. The following has transpired regarding the Government scheme re the organisation of Egyptian finance, which is to be submitted to the Powers for approval:—England is to advance Egypt under proper guarantee the sum of L 5,000,000. Of that amount LI 000,000 is to be spent in irrigation works, and in an indemnity to the sufiererß by the bombardment of Alexandria, payable by preference bonds. The interest on the Diara debts and the unified 4 per cent, debts are to be reduced to 3J per cent.

['Argus' Sfmul to Press Association.]

LONDON, November 27. (Received November 27,1884. at 10 p.m.)

Lord Derby has intimated to the AgentsGeneral that the initiative in connection with Imperial federation rests with the colonies.

The German Reichstag has adopted the payment of members in s; ite of the opposition of Prince Bismarck. (Received November 28.1884, at 11.15 ft.m<)

Mr Joshua Ives, of Cambridge, baa been selected as Professor of Music for the Adelaide Univorsity.