LATEST FROM EUROPE.

Ashburton Guardian, Volume IV, Issue 1037, 1 September 1883, Page 2

LATEST FROM EUROPE.

[REUTER’S TELEGRAMS —COPYRIGHT. ] The Crisis Averted. Madrid, Aug. 30. It is announced that King Alfonso has decided upon taking the proposed journey to visit the German Emperor, and that he will proceed via Paris, the threatened political crisis, owing to Ministers objecting to his Majesty leaving the Kingdom, having been averted. The Croatian Outbreak. Vienna, August 30. It is reported that M. Tisza, President of the Hungarian Council of Ministers, has threatened to resign office unless the Imperial Austro-Hun-garian Cabinet sanctions the adoption of coercive measures in Croatia, where an anti-Magyar outbreak recently occurred.

*■ ■ [Received Sepb 1, 11.16 a.m.]J Monetary and Commercial. London, August 31. Consols are quoted at ioi}4, an advance of }i. The Bank rate of discount remains at 4 per cent, and the market rate has declined to The Bank of-England weekly return shows the total reserve in notes and bullion to be Li 3,900,000, an increase of L. 500,000 during the week. The proportion of reserve to liabilities is 4.8 per cent. New Zealand securities remain at last quotations, viz:—Five per cent 10-40 Loan, 106 Yz ; Five per .cent 1889 Loan, per cent k 879--904 Loan, 100^; Four per cent, inscribed stock, Adelaide wheat, ex store,, continues at 475, New Zealand do, 44s to 465; Adelaide flour, ex store, is at 335; Australian tallow, best beef 40s 6d, best mutton 41s 5L The Wool Sales. At the wool sale to-day 11,500 bales were offered. The market is steady, but the demand is not active. ; Sitfce the opening of the series i2;2sobales have been withdrawn, out ot a total of 102,000 catalogued. [Received Sept. 1, 11.16 a.m;] The Markets.

Adelaide, Yeaterday. Wheat is at 5s nominal; market dull with nothing doing. Town flour is at Li 1 ss, and country flour at Lio ss. Sydney, Yesterday. New Zealand wheat is at 4s 3d, and New Zealand oats at 2s 3d. Maize, is at 2s zod.