CABLE NEWS.

Ashburton Guardian, Volume IV, Issue 1073, 13 October 1883, Page 2

CABLE NEWS.

.ATbST FROM EUROPF.

[REUTER’S TELEGRAMS —COPYRIGHT. ] Monetary and Commercial. London, Uct, 11. The total reserve,in notes and bullion in the Bank of England is Lt 2,700,000, being L 200,000 below the reserve last Thursday. The proportion of reserve to liabilities has further fallen ,2 per cent' during the week, and is now 42, per cent. The Bank rate of discount remains at 3 per cent, and the market rate at 2Consols have advanced to 10 New Zerdayd remain at 5 th|< r fojlo'wing quotations Five per cent 10-48/Lbani. J • Five ;; {\ep; .ccpt fBBp Loan, 105^; Four-and-a-half per cent 1879-1904' Loan, $ Four per Cent.' Inscribed Stock, 101%, The markets for colonial breadstuffs and tallow are without quotable change. 1

A Pending Crisis. London, 00i.12. It is currently rumored in common cial circles that the failure of several important City firms is impending. A New Ministry, / Madrid, Oct. 1L Senor Herrera has been entrusted by His Majesty King Alfonso with the formation of a new Ministry, and has accepted the task. The Spanish Ambassador. The Spanish Ambassador at Paris has resigned his position. [Received Oct. 13, 3,30 p.m.] A Successful Operation. London, Oct 12. Mr Alexander McArther, of the firm

of W. and A. McArthur (who, met with an accident while out shooting) bashad a successful operation performed on his eye, and it is hoped his sight wfll be saved". " ■ .n . . A Loan. Tenders jare invited for the Otago Harbor Board loan of L20,d06‘ 5 percent, the minimum being fixed at 95-

AUSTRALIA ft. 1

[REUTER’S TELEGRAMS —COPYRIGHT.] ~ Shipping. j Melbourne, Yesterday. Arrived, this morning—The Union Company’s steamship' Waihora, from the Bluff. : Accidents • ■ '4 News has been received from England that Mr A. MacArthur raet a serious accident from the accidental discharge of a gpn while out shooting yesterday, and it is feared that he will sustain the loss of ah : eye.' ,: ' ■ [Roceived Dot. 13,12.50-pjqtj j, Return of an Expedition. : J GooKK>WN,-To«aajr<t.j . Captain Armit (special correspondent of the Melbourne Argos) members of his expedition arrived KSife from New Guinea; Only* one of jfett party .is .free;from reports that Professor Denton, .whqiwas .accompanying him, to New Guinea, died from fever on-the 26th August j r Melbourne, The Argus to-day publishes a tele-, gram from Captain Aroril,' ahuouncing 1 his’’ return from New GQirte'a ,f iH'. %jh fever, and With all but onefof hlrjHOT suffering. died from exhaustion after a severe | attack of fever. . . ■ ; ri. 'jf - ScratcMngs. | Britisher and Ironclad; have been scratched from the Melbourne. Gup;list ; ■ - : Drowned. :r ■■

; News has been received f Waratah Bay that Mrrtin Ayoca gold . robber, has bwnarpwped there, ,He went outin a ; ,dingy "when drunk, and it is presumed the boat upset. :■« ■ '