CABLE NEWS.

Ashburton Guardian, Volume IV, Issue 1054, 21 September 1883, Page 2

CABLE NEWS.

'.ATbST FROM EUROPF. [beutbr’s telegrams copyright.] Monetary and Commercial. London, Sept. 19. Consols, New Zealand securities—Five per cent 10-40 Loan, 103, ex div; Five per cent. 1889 Loan, io6}4; Four and a half per cent 1879-1904 Loan, inscribed stock, 101. The colonial breadstuff's market has further declined, Adelaide wheat, ex store, is quoted "it 43s 6d ; New Zealand wheat, ex store, | at 40s to 44s ; Adelaide flour, ex store, 335. Australian tallow remains at 40s for best beef, and 41s for best mutton. Scotch pig iron, No 1, ,f.o.b. on Clyde, is quoted at 47s 6d, a decline of 20s per ton. Galvanised iron, Gospel Oak, 7 corrugated, packed in cases, f.o.bi tin London, is quoted at Liß, being a decline of ros per ton. . The Wool Sales. r - ?< At the wool sales to-day 11,400 bales were offered. The market is quiet. ShippingArrived—Mataura, from Auckland; 1 Rewa, from Timaru j Monarchy and I Inch Murren, from Lyttelton ; Waimea, I from Wellington.-« ; ' ■

A Missing Vessel. ■ The ship Loch Dee, two hundred days out from Lyttelton to London, has. been posted at Lloyds. Torpedo Boats. i ■ ' London, Sept. 20. The testing of the torpedo which have been built for the Nesy Zealand Government took place at Greenwich to-day. The construction of-the boats is; very favorably reported, upon, and a high rate of speed was obtained in the trials over the mile. ' - *, I ‘ - | A Colonial Congress. Amsterdam, Sept. .19At meeting of the Colonial Congress,, held in the Exhibition buildings to-day, Mr Frederick Young, the Secretary ofthe Colonial Institute, London, in the course of an address, strongly; urged " the federation of the Mother Country, 1 and the Australian colonies, and the proposed establishment of a common Parliament, in which all parts of the Empire would be adequately repjre-, I sented. . ? Reform in Bulgaria* , .Constantinople, Sept. 19.. : I Telegrams to hand from Sofia state that Prince Alexander of Bulgaria ! has I issued a manifesto to the people declaring his renunciation , of : the extraordin- | ary Legislative functions with which he was endowed in July, rßßr,by a vote lof the National ' Assembly, and' announces the restoration of tilts' National Charter of Liberty, and the appointment of a Ministry pledged to support a Liberal form of Government.