LATEST FROM EUROPE

Ashburton Guardian, Volume IV, Issue 814, 9 December 1882, Page 2

LATEST FROM EUROPE

[REUTER’S TELEGRAMS—COPYRIGHT.] Homeward Malls. London, Doc. 7. File homeward mails, via Suez and Brindisi, which left Melbourne on October 26th, were delivered hers today. The Postmaster-General London, Dec. 8. The latest bulletin issued states thi

Mr Fawcett’s condition isanore favorable. He is not* however, dut of danger. i ‘ The ArchhishopJa Obsequies. The funeral of the late Archbishop of Canterbury will take place to-day at Addington, Surrey. A Fire in the City. A serious fire has occurred at Wood street, Cheapside. Eight houses are , now in flames, and the conflagration is spreading. _ [Received Dec. 9, 11.20 a.m.J . ... The great fire which occurred to-day in Wood street broke out at 4 a.m. A block of buildings, owned and partly occupied by Foster, Porter and Co., Limited, wholesale hosiers, between Addle street and London Wall. The whole of the block has been completely destroyed, and the loss is set down at fully three millions sterling. The fire is the largest which has occurred in London since the great one in Tooley street in 1861, when the damage was estimated at a million and a half. Money and the MarketsConsols have declined }i, to Bank rate remains at 5, and the market rate at per cent. The total reserve in notes and bullion in the Bank of England remains at eleven millions. The proportion of the reserve to liabilities is 40 per cent. There are no changes to report in colonial breadstuffs or tallow. At the wool auction to-day the market was steady, but for low and inferior qualities the demand was not active. The catalogue comprised 6,300 bales. Disgusted. Cairo, Dec. 7.

Riaz Pasha has resigned his seat in the Cabinet, in consequence of the leniency which has been shown to the rebels. It is probable that he will be succeeded by Nubia Pasha. Arabi to be Exiled to Ceylon. It has be.en decided that Arabi and his accomplices, whose sentences of death have been commuted to exile, are to be deported to Ceylon, arrangements to that effect having been arrived at with the British Government.