CABLE NEWS. LATEST FROM EUROPE

Ashburton Guardian, Volume III, Issue 648, 29 May 1882, Page 2

CABLE NEWS.

LATEST FROM EUROPE

[per reciter's agency.] Money and the Markets. London, May 26.

Consols are unchanged at New Zealand securities continue at the following quotations : —Five per Cent. 10-40 Loan, 1889 Loan 105; Four and a Half per Cent. 1879-1904 Loan Colonial breadstuffs continue dull at 52s for Adelaide wheat, and 51s for New Zealand, ex store. Adelaide flour remains at 355, ex store. The total quantity of wheat afloat for Great Britain is 2,300,000 quarters. Australian best mutton tallow has advanced 6d to 445; best beef remains at 42s 6d; best Sydney copra has declined 10s to Ll 5 per ton ; galvanised iron, 26-gauge, remains at Ll 7 10s. The Wool Auctions. At the wool sales to-day the lots catalogued comprised 10,200 bales. Prices are firmly maintained. Coarse merino wool is now a halfpenny to one penny lower (sic) than the closing prices of last auctions. The wool market will be closed until Wednesday next, the 31st May, for the Whitsun holidays. Frozen Meat.

The ship Dunedin, from Port Chalmers, with a cargo of frozen meat, has arrived at London. The Ladies’ Race.

The Oaks Stakes was run at Epsom to-day, and was won by Gehimniss (by Rosicrucian —Nameless), St. Mar guerite second, and Nellie third. The Australians at Home.

The cricket match Australians v. Surrey, at Kennington Oval, was resumed to-day. The weather was very fine, and there was a very large attendance. The wicket was rather bumpy. The Australians continued their first innings, and were all disposed of for too runs. The following were the highest scorers :—Murdoch, bowled, 28 ; Horan, caught, 20. The fielding of the Englishmen was excellent. The Surrey eleven then went in for their second innings, and were all disposed of for 46 runs. Garrett and Boyle bowled splendidly, the former taking six wickets for three runs, and Boyle four wickets for sixteen runs. At the close of the day’s play the Australians had lost two wickets for 98 runs. Bannerman scored 28, and was bowled. London, May 27. I 1 At the cricket match to-day at the Kennington Oval, the Australians resumed their second innings, and succeeded in putting together,the required number of runs—119 —for the loss of only four wickets, thus winning the match by six wickets. McDonnell was bowled for 35, and Horan for 33. In Good Condition.

The cargo of frozen mutton on board the ship Dunedin, from Port Chalmers, arrived in splendid condition. It was placed in the market to-day, and realised an average price of 6d per pound. The Cricket Scandal. James Lilly white, who accompanied the last ,team of English cricketers to the colonies, has written a letter denying the truth of the reports recently circulated regarding an alleged conspiracy between the Englishmen and certain Australian betting men, affecting the result of the last match played.

Adjourned for the Holidays. The House of Commons stands adjourned to Thursday next, for the 'Whitsuntide holidays. Ten Years. The youth named Albert Young, aged 17, formerly employed as a clerk in the railway telegraph office at Doncaster, who was arrested last month on a charge of sending a threatening letter to the Queen, with the object of extorting money from her Majesty, has been found guilty and sentenced to ten years’ imprisonment. The Egyptian Difficulty.

In the House of Commons to-day the Right Hon. VV. E. Gladstone stated that the Government declined to pledge England not to use force to bring about a settlement of the crisis in Egypt, and added that the entente cordiale between France and England was as close now as it was at the time of the Crimean war.

Cairo, May 2G,

The Egyptian Ministers have definitely refused to accept the ultimatum delivered by the French and English Consuls-General, and have referred the Governments of England and France to the Sultan of Turkey for a reply. The Khedive lias intimated to the French and English Consuls his acceptance of their ultimatum, and his Ministers have consequently resigned their portfolios.

Cairo, May 27,

Since the resignation of the Council of Ministers, the Khedive has issued a proclamation announcing that he lias assumed supreme control of the Egyptian army. Many of the generals are, however, openly urging the deposition of Tewfik Pasha, and have sent a demand to His Highness, that Arabi Pasha should, within twelve hours, be reinstated as Minister of War. The Khedive has resolutely refused to agree to this demand, and the position of affairs is deemed most critical.