CABLEGRAMS.

Mount Ida Chronicle, Volume IX, Issue 496, 18 January 1879, Page 3

CABLEGRAMS.

jj .(From ounvwn; correspondent.) . ( !; London, January 11. Money'.ptentSftil; .Witji slack discount demand. .. Baulit . minimum unchanged, inarket irate, for three'""months bills, is 4 par cent, "i-iank reserve, .steadily.increasing. • Consolsrising, and are now 95§; market for Australian securities remarkably firm. Corn market Unchanged. . Ameer received sympathetic hospitality from Russia in- lurkistan. : The Russian budget proposes to .reduce* increased taxation, to equalise revenue and expenditure. The GiancL. Vizier of Turkey proposes to reduce his army to the minimum, and to decentralise the provinces. ■ The Russian commissioner?-', have been appointed £9 consider-best nieaßs-for reducing the public expenditure^.. ; ' The 'Times ' has reason to believe that Yakoob has" 'Tj'eeru officially informed, by. th.eIndian peace, -which are 'suiih : a£'"* be'ean ' honorably , accept. ; ; . " • The Midland Institute, Birmingham containing the largest ".Shakespeare library in the world,'has been tbtally destroyed by fire. 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 irregular's, and after a severe and protracted contest, the Afghans were defeated with a loss, 1 500 killed, and numerous prisoners. Cattle and large quantities of grain were taken.

Esparto, the Spanish Statesmen is dead.