REUTER'S TELEGRAMS.

Southland Times, Issue 7030, 19 January 1885, Page 2

REUTER'S TELEGRAMS.

LONDON, Jan. 17. Consols have decliued to 99f . New Zealand securities remain at last quotations. Colonial breadstuffs— Adelaide wheat, ex store, 39s ; New Zealand do, 30s to 355. Adelaide flour, ex store, 265. The total quantity of wheat afloat for Great Britain is 2,050,000 quarters, an increase of 150,000 quarters during the week. Australian tallow, average quality — Beef, 34s ; mutton, 34s 6d. The bank rats of discount remains at 5 per cent. ; the market rate at 3§- per cent. Proposals counter to those made by the British Government in November for the settlement of Egyptian finances have now been put forward by the French Ministry, and have received the support of Austria, Germany, and Russia. The refusal of the Victorian Government to accept the offer of nineteen bhilltngs in the pound from the liquidators of the Oriental Bank estate has been brought before the Courts, and Justice Chittygave judgment in the matter to-day, deciding that colonial statutes do not affect the claims of the Victorian Government upon the estate. Evening. M. Waddinaton, French Minister in London, has presented counter proposals by the French Government for the settlement of Egyptian finances to Lord Granville. The proposals comprise a loan of L 9,000,000 sterling, issued und*r the guarantee of the Great Powers, a tax on all coupons, Egyptian bonds, and the appointment of a commission of enquiry into the resources of Egypt. PARIS, Jan. 17. The death is announced of Edmund About, the well-known French author and journalist, aged 57. ■ ■ CAIRO, Jan. 17. Telegrams fr^m the Soudan report the arrival at Gakdul of Colonel Stewart's entire force. Latest telegrims from Korti state that Colonel Stewart left Gakdul with the troops on Wednesday, and will arrive on Sunday at Metemneh. The Naval Brigade, " who were among the first detachment sent forward to Metemneh, have already proceeded to Khartoum in the steamer provided by General Gordon.