LATEST FROM EUROPE.

Ashburton Guardian, Volume IV, Issue 826, 23 December 1882, Page 2

LATEST FROM EUROPE.

[REUTER'S TELEGRAMS —COPYRIGHT.] Money and the Markets. London, Dec. 21, Consols are quoted at being's L decline of S/%. The Bank rate remains at 5, and the market rate of discount at per cent. The total reserve in notes and bullion in the Bank of England is Li 1,200,000. The proportion of the reserve to the liabilities is 40. , per cent. New Zealand securities are:jl —5 per cent. 10.40 Loan, 105. a 5 percent. 1889, Loan, 108, ex div.j’.u-d 4j£ per cent., 1879-1904 Loan, Adelaide wheat, ex warehouse, 49s New Zealand wheat, ex warehouse, 435, 6dto 46s 6d ; Adelaide flour, ex ware : i0 ’ house, 345; Australian tallow, best beef, 42s ; mutton, 44s 6d. Collision at Sea. The barque Astrcrape, bound from - London to Melbourne has put int 6( ' Plymouth, having suffered damage from a collision with another vessel. T j [Received Dec. 23, 12.30 p.m.] A Terrible Oale. London, Deo. 22. Intelligence is to hand that a severe storm has been experienced at St John’s, on the Newfoundland coast. The gale raged for fully two days, and resulted in thirty-five wrecks and some loss of life. »

Distress in Ireland. There are now unmistakable signs J' of distress in Ireland. Owing to the V failure of the potato crops, hundreds of the poorer classes are already suffering from great destitution, and it is feared . r the distress will increase. , Toncpiin. Paris, Dec. 21, , ; . -j The French Government has ,j; finitely decided to equip an expedition to Tonquin for the establishment of-a ~ French Protectorate over that places 1 w and it is announced that a vote of ‘ / credit to defray the expenses of the ex- ‘ J

peditioiv-amounting to eleven million francs,will be proposed, instead of nine 'millions, is stated by M, Duclerc in the Chamber of Deputies on the 9th nstant. Arrest of a Socialist LeaderParis, Dec. 22. Krapotkine, one of the leaders of the Socialist movement, has been arrested at Lyons and is now detained in prison. Protective Measures. ; t - Berlin, Dec. 21. It has transpired that measures will shortly be adopted for increasing the , garrisons on the Eastern frontier of the Empire. Additional barracks are to be erected,, and railway extension will be rapidly carried on. : Sir Evelyn Wood. .■ Alexandria, Dec. 21, Generai Slr Evelyn Weed, who has occepted the position or’Commander-in-Chief of the Egyptian army, arrived here to-day.

A Denial. The statement that M. Bredif has resumed his former position as Controller General of Egyptian Finances, is now authoritatively denied. Another Mining Disaster. A serious accident has occurred in a mine at Westphalia, whereby twentyfive men lost their lives. A rope attached to a cage, in which the miners werb being brought tip to the surface, broke, and the men were precipitated to the bottom of the shaft, Thfrße-fostatement of Cetewayo. Capetown, Deo. 21. Telegrams are to hand from 1 Pietermaritzburg announcing that all arrangements for the reinstatement of Cetewayo as feing of the Zulu tribes have been completed. Accompanied by British officer?, fcho ,will take part in the cere-, momalof installation of the King on, hisLarriyaUn Zululand, and escorted by a strong detachment of British troops, Cet&wayo set out for his capital from Pietermaritzburg to-day.