LATEST FROM EUROPE.

Ashburton Guardian, Volume IV, Issue 1042, 7 September 1883, Page 2

LATEST FROM EUROPE.

[REUTER’S TELEGRAMS—COPYRIGHT.] Bounty Immigrants.

Bonbon, Sept. 5.

The British India Steam Navigation Company’s new steamship Medea, sailing from Glasgow on the zothlult. for Queensland with immigrants, is working under the bounty system. The Company intend despatching '* other steamers with bounty immigrants at intervals, in addition to their regular fortnightly steamers to Queensland. Monetary and CommefcialJ Consols remain, at 100J6, and Now Zealand securities at yesterday’s quotations. The market for colonial breadstuffs continues dull Adelaide wheat is unchanged at 475; and New Zealand ditto at 44s to 465, Adelaide flour, ex warehouse, 335. Australian tallow—Best beef, 40s ; best mutton, 41s. The Wool f' A fair demand for ihe'varidus lots offered was generally experienced at to-day’s wool sale. Port Phillip and Sydney greasy wools were, however, to id lower than at the close ot -last sales. ; Shipping. Arrived—Ship Archer from Lyttelton (April 27.) ‘ ■ ; Heavy Weather* A succession of gales of extraordinary violence has been experienced during the last two days. The; Lady Jocelyn, outward bound, put into Spithead for repairs. The City of Tan j ore jettisoned 90 tons of cargo, and put back. The Sydenham, Aldborough, Legards and Cairnbulg have put into various ports for repairs. : Reform in Bulgaria-. Constantinople, Shot, 6. Prince Alexander of Bulgaria' has announced his intention of abandoning the despotic form of Government, and has appointed a Commission to draw up a charter of liberty for the, people. The Cholera. ‘M Cairo, Sepfc.s,

Quarantine has been abolished at Port Said, the rapid suppression jof the cholera epidemic in Egypt having rendered its continuance unnecessary. [Received Sept. 7, 1 p.m.] „ The French in Tonquim London, Sept 6.

The Times to-day publishes a telegram from Hong Eong,' : stating that the French commander' has informed the Chinese Government that he will blockade the ports of Pakhoi and Canton, unless the Chinese troops now in the Tonquin frontier are at once withdrawn.

A New Ambassador,

Shanghai, Sept. 6.

Sir Harry Parkes has arrived here from Japan to assume the position of British ambassador at Pekin. Affairs in Znluland.

Capetown, Sept 6. News has been received hete that the xst battalion of the Welsh regiment (41st foot), recently ordered, tq Zululand from Natal, will at once proceed to the reserved territory with the object of keeping a watch upon Cetewayo and his followers. ;

[Received Sept. 7, 2.15 p.m.] Latest Commercial-

London, Sept. 6.

| Consols remain at The Bank , rate of discount continues at 4 per , cent., and the market rate at per cent. The Bank of England weekly return shows the total reserve,of notes ' and bullion to be Li 3,900,000, the same | as last week. The proportion of re- ! serve to liabilities remains at 48 per cent. New Zealand securities rFive ■ per cent. 10-40 Loan, ;‘Five 1 per cent. 1889 Loan, io6j£; Four and a-half per cent 1879-1904 Loan, xOO Adelaide wheat, ex store,. is at r 475. New Zealand wheat, ex store, at 43s 6d to 465. New Zealand wheat, : off the coast cargoes, at 41s 6d. Adelaide flour, ex store, is at 335. Australian tallow—Best beef, 40s; best mutton, 41s. At the wool sales to-day, 8,000 bales were offered, and there was a fair demand and up to date 20,000 bales have been withdrawn from sale since the opening of the series. Hides are in good demand and rather dearer, A Bank Dividend. The Bank of Australasia has declared a dividend of 7 per cent, for the past half year and carries Lio,ooo to the reserve fund.