LATEST FROM EUROPE.

Ashburton Guardian, Volume 2, Issue 301, 24 March 1881, Page 2

LATEST FROM EUROPE.

{Per Reuter's Agency.) Monetary and Commercial. London, March 21. Consols have declined and are now again quoted at par. New Zealand securities remain at last quotations, viz:—Five per cent. 10-40 Loan, 102 y? ; five per cent. 1889 loan nojZ ; four and a half pei cent. 1879-1904 loan. 97Q. Adelaide wheat, ex warehouse, has further advanced is per quarter, and is now quoted at 51s. Adelaide flour remains at 345, ex warehouse, and New Zealand wheat, ex ship, at 465. Australian tallow —best beef, 33s ; best mutton, 365. The Wool SalesAt the wool sales to-day 9,300 bales were offered. The tone of the auctions showed a hardening tendency. On a Visit. March 22, Their Royal Highnesses the Prince and Princess of Wales started to-day on a visit to St. Petersburg!!. The Boer Difficulty.

In the House of Commons to-day, the Premier was questioned as to the state of the negotiations for peace in the Transvaal. In reply he announced that information had reached the Government that the Boers have accepted the conditions of peace which were submitted to them by Sir Evelyn Wood. Under the same the Boers will recognise the sovereignity of the Queen, but will enjoy complete autonomy, British Residents being, however, located in their capital. Mr Gladstone further informed the House that the Royal Commission of enquiry would arrange the native frontier questions, and would also consider whether the Transvaal should lose territory to the eastward. He concluded by stating that the Boers would disperse their forces forthwith, but the British garrisons would remain in l&eiy present positions until a complete settlement had been effected, and in the meaiv time the troops would be stationary. Capetown, March 21. It is announced that Sir Hercules Robinson will be one of the members of the Royal Commission of Inquiry into the demands of the Transvaal Boers,

Telegrams are to hand to-day from Natal reporting that the armistice between theßoers and the British jtroops, which expires to day, is to be prolonged for another fortnight. The requirement of the conditions of peace that the Boers should surrender their arms, is the sole difficulty in the way of a complete understanding for

the cessation of hostilities being arrived at. Troops for Candahar. Calcutta, March 22. Intelligence has been received to-day from Cabul that the Ameer Abdul Rahman has, despatched a large body of troops to Candahar. The movement is believed to be a measure of precaution against any action on the part of Ayoub Khan.