FOREIGN & COLONIAL TELEGRAMS.
ENGLISH AND FOREIGN CABLE. [Per Electeic Telegraph — Copyright.] [Redter's Aoenc?.] [Received 2.10 p.m., Oct. 12th.] Copenhagen, Oct. 11. The Czar of Russia, who has been on a visit to the King of Denmark some time, h;is now sailed for Cronstadt. Capetown, Oct. 11. It has transpired that unless Cetewayo surrenders to the British authorities they will morally support Usibepu m the ousting of the King from the sovereignty of Zululand. (Received 10 p.m., Oct. 12th.] London, Oct. 11. The total reserve m the Bank of Eng'and m notes and bullion is £12,700,000, being £200,000 below the reserve last Thursday. The proportion, of reserve to liabilities has further fallen 2 per cent during the week, and is now 42 per cent. The bank rate of discount remains at 3 per cent and the market rate at 2]. Consols have advanced to 101j. New Zealand securities remain at the following quotations — 5 per cent 10-40 loan, 103 i ; 5 per cent 1889 loan, 105 i ; ih per cent 1879-1904 loan, 101| ; 4 per cent inscribed stock, 101 i. The markets for colonial breadstuffs and tallow are without quotable change. Australian hides are m Rood demand at an advance of Jd to jd per lb. Be6t selected transparent kauri gum is quoted at £14 10s. *
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Bibliographic details
Timaru Herald, Volume XXXIX, Issue 2826, 13 October 1883, Page 2
Word Count
215FOREIGN & COLONIAL TELEGRAMS. Timaru Herald, Volume XXXIX, Issue 2826, 13 October 1883, Page 2
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