LATEST FROM EUROPE.

Ashburton Guardian, Volume III, Issue 647, 27 May 1882, Page 2

LATEST FROM EUROPE.

[per übuter’s agency.] Money and the Markets. London, May 25.

Consols have declined to 102 New Zealand securities remain at the following quotations :—Five per Cent. 10-40 Loan, io6}4 ; Five per Cent. 1889 Loan 105 ; Four and a Half per Cent. 1879-1904 Loan The total reserve in the Bank of Englandin notes and bullion i5Li3,300,000. The bank rate of discount remains at 3 percent, and the market rate at Adelaide wheat is unchanged at 525, ex store, and New Zealand ditto at sis. Adelaide flour, ex store, 355. The market is dull. Australian tallow is quiet, at 41s 6d for 'best beef, and 43s 6d for best mutton. A good demand was again experienced at to-day’s wool auction. The catalogue comprised 12,700 bales. Since the opening of the series, 4,000 bales have been withdrawn. A Satisfactory Crop. The reports to hand of the English wheat crop are satisfactory, and there is every reason to expect that it will be an average one. The Australian Cricketers.

The Australian cricketers commenced their fourth match at Kensington Oval, against eleven of the County of Surrey. The weather was wet, and the wicket rather lumpy. The Surrey Eleven went in first, and were all disposed of for 170. Mr W. W. Read was the highest scorer, with 49. Boyle bowled splendidly for the Australians, taking six wickets for 52 runs, and the fielding of the men generally was excellent. When the stumps were drawn for to-day the Australians had made 9 runs without losing a wicket. The attendance at the match was only moderate. Murder Applauded. The publisher of Ftdheit, the German newspaper published here, has been committed for trial on the charge of publishing an article justifying the assassination of Lord Cavendish. The Irish Repression Bill. London, May 26.

In the House of Commons last night, the Irish Repression Bill was again under discussion. On the second reading an amendment proposed by Mr Covven, member for Newcastle-on-Tyne was, after a lengthy debate, negatived on a division by a substantial majority, and the House then went into com-mittee-of-the-whole on the Bill. In the course of the debate which followed, Mr Parnell took occasion to refer to a statement made by Mr Dillon on the previous night, “ that as evictions were continuing in Ireland, he must refuse to denounce the commission of outrages against landlords.” Mr Parnell considerably modified Mr Dillon’s remark. He concluded by condemning in strong terms the perpetration of agrarian outrages and Boycotting. The consideration of the Bill in committee was at a late hour adjourned to the next sitting.

The Crisis in Egypt. Cairo, May 25.

It has transpired that the diplomatic agents of England and France have delivered an uliimatum to the President ol the Council of Ministers, with a view to the termination ot the Egyptian crisis. The terms of the ultimatum have not yet been made known, but they are understood to be definite and final.

It has transpired that the ultimatum delivered by the English and French Consuls to the President of the Council of Ministers declares that Arabi Pasha must be sent out of the country, and Muslapha Febmy and Abdulla despatched from the seat of Government to the interior provinces. Also that the present Ministry must resign. Ic is further reported that the time granted to the Ministry to decide upon their reply to the ultimatum is twenty-four hours, and that Turkish troops will at the end of that time be summoned unless a satisfactory setilement of the present crisis be previously effected.