BRITISH AND FOREIGN.

South Canterbury Times, Issue 3486, 7 June 1884, Page 2

BRITISH AND FOREIGN.

By Electric Telegraph—Copyright.

[Eeuter’s Agency.]

[Received June 6, 1881, 1,20 p.m,] Commercial* London, June 6, Consols have advanced by f, and are now quoted at par (ex dividend). Hew Zealand securities are quoted as follows:—s per cent 10-40 loan, 104; 5 per cent 1889 loan, 102 f ; 4jf per cent 1879-1904 loan, 102 f; 4 per cent inscribed stock, IOOf. Colonial breadstuffs continue dull. Adelaide wheat, ox granary, is worth 41s; and Hew Zealand do, remains at 35s to 40s. Adelaide flour, 28s. Tallow—Australian average quality, beef, 3Gs, and mutton 38s 6d. The wool sales were resumed to-day, when a catalogue of 11,300 bales was submitted. A good demand was experienced for the various lots offered. (Received June 6, 1884,10 p.m.) June 5. The total reserve in notes and bullion in the Bank of England, is £14,600,000, being a decrease of £1,000,000 during the week. The proportion of reserve to liabilities is at 47 per cent. The Bank rate of discount remains at 2f per cent, and the market rate at If per cent.

Consols are unchanged at par, ex div. New Zealand securities remain at last quotations. The markets for colonial breadstoffs and tallow ate unchanged. At to-day’s wool auction 9,400 bales were offered. The market continues firm and crossbreds are rather higher. 28,000 bales have been withdrawn since the opening. [Received June 7, 1884, 1.8 a.m.] Frozen Meat, London, June 6. The steamship Florida from Wellington (left April 4th), with a cargo of frozen meat, arrived here yesterday. Parliament* The House of Commons re-assembled yesterday after the Whitsuntide holidays. Affairs in Egypt* Telegrams from Sooakim, where the garrison bad been reinforced by a body of British marines, state that Osman Digna with a following of 7000 Arab rebels, is now in the neighborhood and threatens to make an attack upon the town. Cairo, June 5. Reports have reached here to the effect that General Gordon has left Khartoum and escaped southward up the river Nile on board a steamer. Dynamite Again* Madrid, June 5. A serious dynamite explosion occurred at Barcelona, where attempts were made to commit similar outrages last month. The explosion was caused by a dynamite cartridge which had been placed in the street. One person was killed, and the buildings near the spot were greatly injured. [Special to the Press Association.} London, June 4. The “Daily News’" article on the New Guinea question is simply a distorted version of Earl Derby’s despatch to the Governors of the Australasian colonies, June 5. Tawbiao and his fellow obiefs intend to raise the question of the legality of the New Zealand Land Corporation if they can while in England. They propose leaving on their return to the colony in August.