EUROPEAN TELEGRAMS.

Taranaki Herald, Volume XXVII, Issue 3026, 16 January 1879, Page 2

EUROPEAN TELEGRAMS.

HBUTEU's TIiLKGRAMa TO PltES} •ISTOOtA.IIOX', AMEER RECEIVED BY RUSSIA. London', January 11. Tub Ameer receives sy np-itliHtic b»s pitality from Russia in TuHceyxtau. MO HE TAXATION IN" Pv r JSSiA. The Russian Budget pfopxes i:i creased taxation, so as to equilise the revence and expenditure. TURKISH AR.VIY TO BE REDUCED The Grand Vizier proposes to r«d ucs the army to a minimum, and to decentralisH the provinces. ' • ACCIDENT ONT BOAUD H.11.S THUNDERER. London. January 13. The official enquiry into tbe causa of tbe exploM >n on H.M.S Thunderer ■- -ibowf.J that tb^ accidout. was due to a defective weld. RUSSIA. ECONOMISING. Ru=!aiau commissioners h^ivo boeu appointed to considei* the means of reducing tho public expenditure. NEW ZEALAND SECURITIES. The New Zealand fives are at 100. MAIL DELIVERED. The November mail was delivered on tho 13th. CHANGE IN FRENCH MINISTRY. Londov, January 14s. The French Minister of War has resigned, and General Grechy succeeds THREATENING TO SHOOT THE QUEEN. Tho French nirin, named Midden, who threatened co shoot the Q »een, ha> been placed in the Broudmore prison DISTRESS IN ENGLAND INCREASING. The distress in the operative districts is increasing.

[special to Tiirc herald.]

MONEY MARKET. London, January 11.

Money is plentiful, with a slack dis count demand. Bank tninimu v unchanged. Market rate, three mouths bills, 4 per cent. -Bank reserve is steadily increasin jf, and is now ovei 10| million. The B^nk has advanced the Govornmeut three and a-half millions.

STOCK MARKET.

Tbe stock market is steady. Consols rising and are now at 9of. Australian securities are rera-irkably firm.

CORN MARKET.

The corn marked is unchanged.