CABLE NEWS.

Ashburton Guardian, Volume IV, Issue 1094, 7 November 1883, Page 3

CABLE NEWS.

UATfcST trow ‘ l!RO p ? •

fBKDTRE’S TBLKORI MS —COPYKIOfir. ] Monetary and Commercial. London, Nov. 5. Consols have advanced to New Zealand securities remain as follows :—Five per cent, xo-40 Loan, 105^; Five per cent. 1889 Loan, xo ex div; Four and a half per cent. 1879-1904 Loan, j Four per cent. Inscribed Stock, 100, ex div. Wheat has advanced 6d to is per quar* .ter. Adelaide, ex store, is now quoted at 45s 6d; and New Zealand do, 38s ! 6d to 44s 6d. Australian tallow—best beef remains at 38s 6d, and best mutton 'at 40s. The market rate of discount has further fallen }i, and is now z}£ per cent The Bank rate is 3 per cent.

Shipping. The P. and O-Company’s steamship Assam, from Melbourne (Sept, nth), arrived at Plymouth to-day. [Received Nov. 7, 12 40 p.m.} The Servian Insurrection ‘ Bkloraos, Skevia, Nov. 6. Intelligence is to hand from Scernareka that the insurrectionists are in considerable force, and have occupied * a strong strategical position. The body -of troops despatched against them has, It > is-reported, been dispersed by the rebels after a brief engagement. [Received Nov. 7th, 2.15 p.m.} Arrived at Home. . JIiONDON, Nov, 5. li ilTie Merchant Shipping and Underwriter’s Association report the arrival of ‘the ships Alastor, from Port Chalmers (Jtily 25th); Lyttelton, from Port Chalmers (Aug. 20); Dunscore, from Lyttelton. .’(July, ajr); Kangitikei, from Tiinafa (July 28). Floated. . The ship Mirzapore, which went ashore at Boulogne last month, has been successfully floated. ’' J : [Received Nov. 7, 3 p.m.} A Serious Fire. -’ London, Nov. 6. A' disastrous fire has occurred at Kingsland, in the North of London, resulting in the destruction of twelve

houses and their contents. Heavy Failures • - The, failure is announced to-day of Hemplaid and Cp, engineers, of Gran.tham,. Lincolnshire. Their liabilities are. estimated at La 00,000. Several insolvencies have also occurred at . Birmingham, the liabilities being set down at a total of fully L. 158,000. Reinforced. Belgrade, Nov, 6. Telegrams to hand from Scernareka to-day report that the Servian troops haye been reinforced and are now attacking the rebels’ position. -> - . [Received >ov. 7, 3 p.m.] The Suez Mail. Albany, To-day. Arrived, this morning—P. and O. Co.’s steamship Indus with the Suez mail, which left London on October 5.

AUSTRALIAN

[RKOTEB’s TELEGRAMS —COPYRIGHT.] [Received Nov. 9, 12.40 p.m.] The Irish Convention. Melbourne, To-day. • The Irish Convention opens its sittings here to-day. Dr O’Doherty, of Queensland, presides, and 150 delegates from various colonies attend. [Received Nov. 7, 2.15 p.m. jwca A Steamer Ashore. Melbourne, To day. The Melbourne Steamship Company’s steamer Rododendo, bound from this port to Sydney, struck on the Lonsdale reef last night. She got off safely and has been beached. All the passengers and crew landed safely.