LATEST FROM EUROPE.

Ashburton Guardian, Volume IV, Issue 847, 20 January 1883, Page 2

LATEST FROM EUROPE.

[reuter’s telegrams—copyright.] A Railway Strike. London, Jan. 19. » A strike of extraordinary magnitude has occurred among the employees on the Caledonian Railway Company’s lines. Traffic is completely paralysed* and efforts which have been "made to induce the men to return to work have as yet proved unavailing. Monetary and CommercialThe total reserve in the ; Bank otEngland in notes and bullion is Li 1,400,000, being an increase ot Lqoo.ooo since last Thursday. The proportion of reserve to liabilities has advanced to 41 per cent. The Bank rate ot discount is unchangedlat 5 per cent, and the market rate at P er cent Consols are New Zealand securities are firm at last quotations. Adelaide wheat remains at 46s to 49s per quarter, ex store j and New Zealand ditto, 44s to 47s per quarter. Adelaide flour, ex warehouse, 335. Australian tallow—Best beef, 43s per cwt.; best mutton, 45 per cwt.

Berlin, Jan. 18. Discount at the Imperial Bank of Germany is now at four per cent. [Received Jan. 20, 2-5 p.m.j Fatal Explosion. Berlin, Jan. 19. A serious explosion occurred to-day at a powder mill in Minden, a strongly fortified town in Westphalia.. The greater portion of the place hias been shattered to pieces, and twelve lives have been lost. The Bonapartist Pretenders. Paris, Jan. 19. In the Chamber of Deputies to-day M. Faillieres, Minister of the Interior, introduced a Bill to provide measures to prevent the issuee of manisfestos by Bonapartist pretenders. The measure provides for the punishment pf offenders by imprisonment, instead of expulsion from France. Socialists in Franca. Prince Krapotkin and th‘e leaders pf the socialist movement have been sentenced to five years’ penal servitude, and various terms of imprisonment have been passed on other prisoners. Buiqored Legitunist Plot* A report is current that a widespread Legitimist plot is now in existence in France under the leadership of Char r ette,