LATEST FROM EUROPE.

Ashburton Guardian, Volume IV, Issue 852, 26 January 1883, Page 2

LATEST FROM EUROPE.

[REUTER’S TELEGRAMS —COPYRIGHT.] Monetary and Commercial. London, Jan. 24. Consols have advanced to 102. New Zealand securities are unchanged, wheat is firm at 56s for Adelaide, and 44s 6d to 48s per quarter for New Zealand ditto. Australian tallow Best beef 43s 6d, and best mutton 46s per cvvt. The market is firm. Shipping. Arrived at Plymouth—P. and O. Company’s steamship Kaiser-i-Hind, from Melbourne (Dec. 7.) The Homeward Mails.

San Francisco, Jan. 24. Arrived yesterday—R.M.S. City ot New York, with the homeward mails dated Auckland, Jan. 2. A New Office. Cairo, Jan. 24. Sir Auckland' Colvin, who recently resigned his position, as British Con-troller-General of Egyptian Finance, has been offered and has accepted the post of Financial Adviser to the Egyptian Government. Turkey and Egypt. Constantinople, Jan. 24. It has transpired that a communication recently passed between the Porte and the French Government regarding the circular note issued to the Great Powers on January sth by the English Government, in which it explains its intention with regard to Egypt. It is now understood that the Ottoman Government are preparing «to protest against the policy avowed by England, and has received assurance ot support by the French Government from their representative at Stamboul. : • [Received Jan. 26, 1.30 p m ] The Bank Bate Reduced. London, Jan. 25. .i ooj The Bank of England has this day

reduced the rate of discount from 5 to 4 percent.