CABLEGRAMS.

Mount Ida Chronicle, Volume IX, Issue 496, 16 January 1879, Page 3

CABLEGRAMS.

* (From ourown correspondent.) London, January 11. Money plentiful, with slack discount demand. Bank minimum unchanged, market rate, for three months bills, is 4 per cent. Bank reserve, steadily increasing. Consols rising, and are now 951; market for Austral- • ian securities remarkably firm. Corn market unchanged. Ameer received sympathetic hospitality from Russia in Turkistan. The Russian budget proposes. to reduce increased taxation, to equalise revenue and expenditure. The Gland Vizier of Turkey proposes to' reduce his army to the minimum, and to decentralise the provinces. The Russian commissioners have been appointed to consider best means for reducing the public expenditure. '.'"..' January 13. The 'Times'has reason to believe that Yakoob has been officially informed by the Indian Government of the conditions of peace, which are such as - he can honorably accept. ■ The Midland Institute, Birmingham eontaining the largest Shakespeare library in the world, has been totally .destroyed by tire. The official enquiry into Thunderer catastrophe has decided that the explosion is due to a defective weld, January 12. General Roberts on the Bth attacked Afghan irregulars, and after a severe and protracted contest, the Afghans were defeated with a loss, 500 killed, and numerous prisoners. ' Cattle and large quantities of grain were taken. Esparto, the.Spanish Statesmen is dead. [The following appeared in our issue- o Saturday last: —]■■