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Ashburton Guardian, Volume IV, Issue 1006, 27 July 1883, Page 2

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[REUTER'S TELEGRAMS —COPYRIGHT. ] Monetary and Commercial. London, July 25; Consols remain at' and New Zealand securities at the following quotations :—Five per cent 10-40 Loan, xo6 ; 5 per cent. 1889 Loan, 10; 4 y 2 per cent 1879-1904 Loan, rot % ; 4 per cent inscribed stock, par. The breadstuff's market maintains its upward tendency. Adelaide: wheat, ex store, is unchanged at 475, and New Zealand ditto at 44s to 475. Off coast cargoes of New Zealand wheat • are quoted to-day at 435, being a further advance of is. Adelaide lour, ‘ex warehouse, 335; Australian tallow, best beef, 40s; best mutton, 41s. Safe at Home. Arrived—Ship Loch Fergus, from Lyttelton (April 2nd); Lovejeste, from Timaru (April 12th); Loch Cree, from Auckland (April 12th ; Candidate, from Napier (April 13th). V. The Troops in Egypt. London, July 26. Orders have ,been issued trom the War Office for the removal of a portion of the British troops now in Egypt to the Island of Cyprus, unless some abatement of virulence of the cholera epidemic be speedily effected. [Received July 27, 2.15 p.m.] Monetary and CommercialLondon, July 2S.

Consols have advanced to a rise of The Bank rate of discount remains at 4, and the market rate at The Bank of England weekly returns show the total reserve of notes and bullion to be Li 2,400,000, an advance of L 600,000 daring the week. The proportion of reserve to liabilities is 44 per cent. The Wool Sales. The colonial market is quiet Arrivals to date for the next auction, commencing August 21st, amount to 370,000 bales. [Received July 27, 2.50 p,m.] Cetewayo’s Death Confirmed. Capetown, July 26. The report to hand yesterday of the death of Cetcwayo at the battle of Ulundi is now fully confirmed. It has been further ascertained that all the King’s wives were killed with him by the Usibepus. The Suez Canal. London, July 26. Mr Gladstone has fixed Monday next for the discussion of Sir Stafford Northcote’s motion urging that the claim of Count de Lesseps to a monopoly for the construction of canals in Egypt should be repudiated in any further parleying with the Canal Company. In expressing his willingness to take the motion on Monday, Mr Gladstone at the same time deprecated any discussion at present, as the Government do not intend immediately to re-open negotiations with the Count-de Lesseps, Obituary. The death is announced of Mr Denis O’Connor, M.P.for Sligo County, Ireland .* aged 43. .