VERY LATEST.

Timaru Herald, Volume XXXVI, Issue 2414, 17 June 1882, Page 2

VERY LATEST.

Received at 2.15 a.m. ENGLISH CABLE. [Eeutkr's Aoenct.J MONETARY AND COMMERCIAL. London, June 15. Consols remain at 100^, ex dividend, , and New Zealand securities at the following quotations : — 5 per cent 10-40 ' loan, 106 i; 5 per cent 1889 loan, 106; 4J per cent 1879-1904 loan, 103. The bank rate of discount is unchanged at 3 per cent, and the market rate at 2j. ', The total reserve m notes and bullion, . m the Bank of England is £13,150,000, being an increase of £750,000, com- ' pared with the reserve last week. The markets for colonial produce are unchanged. THE WOOL SALES. At to-day's wool sale a firm demand •was experienced for the lots offered. [ The catalogue comprised 7800 baleß. , Since the opening of the series 14,500 - bales have been withdrawn from sale. ', THE EGYPTIAN CRISIS. ■ The statement contained m a telej gram published on Tuesday morning, j that the Khedive and Dervish Pasha had requested the Sultan to despatch 18,000 Turkish troops to Egypt is now fully confirmed. Alexandria, June 15. ! A Commission has been appointed to ■ enquire into the cause of the recent 1 native riots and attacks upon Europeans. ♦ ■" ' • AUSTRALIAN CABLE. i Bbisbake, June 16. The steamer Ranelagh, which went ' ashore at King Reef, near Cardwell on the 12th ult., arrived m harbor to-day. A Marine Board enquiry into the cause of the stranding will be held on Monday 1 next. Sybney, June 16. , New Zealand oats have declined to , 3s 9d, and maize to 5s 3d. Sugar I Company's No. 1 pieces per ton £35. i Mblbouehb, June 16. 1 The concluding course for the Aus- \ tralian Cup -was run to-day, and was -, won by Proserpine.