CABLE NEWS.

Ashburton Guardian, Volume IV, Issue 1096, 10 November 1883, Page 3

CABLE NEWS.

LATEST FROM EUROPE.

- {rBOTBR’s TELEGRAMS— COPYRIGHT.] Monetary and Commercial. > ; London, Nor. 6. New Zealand securities remain at yes terday’s quotations. The market rate of discount to-day is zsi, and the Bank -‘ late 3 per cent Wheat unchanged— Adelaide, ex store, 45s 6d; New Zealand, ditto, 32s 6d to 44s 6d. Australian tallow—best beef, 38s 6d; best .mutton, 40s. [Received Nov. 18, 12 30 p.m.j , - ; London, Nov. 8. Consols are quoted at 101 $4, a further advance of an eighth. The weekly return's of the Bank of England show the reserve of notes and bullion to be Li 2,200,000, an increase of L 200,000 during the week. The proportion of '-reserve to liabilities remains at 43 per cent The Bank rate is at 3 per cent. ~ and the market rate at 21 he New ‘ Zealand securities remain at last quota--1 Hons. viz.Five'perjcent. 10-40 Loan, i6‘sj£; Five per cent. 1889 Loan, ex div; Four and a half per ‘ cent. 11879-1904 Loan, & per cent. Inscribed Stock, 100, ex div. Colonial breadstuff's—Adelaide wheat, ex store, 45s 6d. New Zealand do, 38s

:6d to 44s fid ; Adelaide flour, 325. : Australian tallow—Best beef is quoted ,at 38s, a decline of sixpence ; best mutton, at 395, a decline of a shilling. [Received Nov. 10, 12.30 p.m.] International Courtesies. Bbbun, Nov. 8. Prince Frederick William, the Crown ' Prince, proceeds to Madrid next week on behalf of the Emperor William to return the visit which King Alfonso . recently paid to his Imperial Majesty. The French in Tonquin. 1 Paris, Nov. 8. The Government have asked the ' Chambers to vote nine million francs to cover, the expenses of the French expe’to Tonquin. The Servian Rebellion. Belgrade, Nov. 9. Telegrams are to hand from Scerna renka announcing that the Servian "troops - despatched against the insurgents have captured the latter’s position and made 100 prisoners.

AUSTRALIAN.

[REUTER'S TELEGRAMS COPYRIGHT.] Holiday. Melbourne, Yesterday. Unpropitious weather for the holiday was experienced here to-day, heavy rain having fallen during several hours. The Stranded Steamer. The position of thesteamer Rodondo is unchanged, commenced last night but with little success, and the salvage of the vessel and cargo is doubtful ; , Shipping. Sydney, Yesterday.

Sailed,; yesterday afternoon The Union Company’s steamship WakaUpu, for Wellington. : Opening of Parliament, ; Bbisbamk, Yesterday. The Queensland Parliament was opened yesterday by his Excellency Sir Anthony Musgrave. In the course of his speech bis Excellency referred to New Guinea and the Pacific Islands, saying that he believed a firm and united expression of opinion on the part of the colonies, would lead to the annexation of those islands. Reference was made to the satisfactory condition of the colonial finances and a number of Bills of local importance was promised. In the Legislative Council today the Address in Reply was adopted. In the Assembly this evening the Hon W. Griffiths gave notice that he would on Tuesday next propose a direct vote of want of confidence in the present Government. [Received Nov. 10,12.30 p.m.] , Ministerial Resignation. Brisbane, To-day. Sir Thomas Mcllwraith, the Premier, recognising the weakness of his patty in the new Parliament has tendered the resignations of himself and colleagues. These have been accepted by the Governor, and his Excelleny has sent for Mr Griffith to form a new Ministry. The Weather. Melbourne, To day. Heavy rain has fallen without intermission during the night. Afloat. Pumping operations on the Rodondo have been successful, and she is now afloat.