CABLE NEWS.

Ashburton Guardian, Volume IV, Issue 1101, 16 November 1883, Page 2

CABLE NEWS.

LATEST FROM EUROPE.

' [REUTER’S I (CLEG a AMS—COPYRIGHT. ] ’ Monetary and Commercial. London, Nov. 13. I Consols, loifa. The market rate of • discount has fallen to and is now L fi below the Bank rate. New Zealand ' securities, colonial breadstuff's and 1 tallow remain at yesterday’s quotations. The Wool Market. The wool market is firm, and prices for crossbreds are a half-penny to a penny higher than at the close of sales last month. The arrivals to date for the next auctions, commencing on Tuesday, the 20th inst, are 90,000 bales. The total probable amount to be offered, including the bales left over . from the last series, is r 50,000. A Sea Race. A race has been arranged, from Plymouth to Queensland, between the yacht Vestal and the ship Northern Monarch. The vessels will sail on the 24th inst. The Servian Rebellion. Belgrade, Nov. 14. An official announcement was made here to-day to the effect that the recent rising at Scernareka has now been quelled and order restored. South African Affairs. Durban, Nov. 14. Cetewayo, who has been the guest of Mr Osborne, British Commissioner in Zululand, has surrendered to the Im* perial authorities, and will shortly proceed to Capetown. It is announced that the British troops now stationed on the Zulu frontier are about to be withdrawn. Revolt in Egypt. Cairo, Nov. 14, It is reported that another detachment of the Egyptian troops, which was stationed at Suakim, a seaport in the Red Sea, and the scene of a massacre of Egyptian troops fay the Hillmen on the 29th ult., has been attacked and routed with heavy loss by the rebels. Russia and Germany. Berlin, Nov. 14. M. de Giers, Russian Minister of Foreign Affairs, arrived here to-day. In the course of an interview between his Excellency and Prince Bismarck, M. de Giers took occasion to affirm the

existence of- friendship between the German and Russian -Governments, [Receiver] i v ov. 16, 1 20 p.m] The Markets. London, Nov. 14 Consols remain at xox ; New Zealand securities are as follows:—Five per cent. 10-40 Loan, per cent. 1889 Loan, ex div ; Four and a half percent. 1879-1904 Loan, Stock, 100, ex div. Colonial breadstuffs are steady at last quotations. Adelaide flour, ex store, 325; Adelaide wheat, ex store, 4653 New Zealand ditto, 38s 6d to 44s 6d 3 Australian tallow, dull at 38s for best beef, and 39s for best mutton.

AUSTR A L ! A

[RKUXBB’s TELEGRAMS—COPYRIGHT.] Wool Melbourne, Yesterday. At the wool sales to-day the New Zealand Loan and Mercantile Agency offered 2,700 bales, of which 2,500 were sold. There was a large attendance of home and foreign buyers. Good competition was experienced and prices were firmly maintained. The Harvest Prospects. Adelaide, Yesterday. Accounts to hand from the wheat districts state that the prospects for the coming season are considered favorable. According to the reports from the north the fine weather which is now experienced will prevent any serious diminution of the yield by red rust. [Received Nov. 16, 1.20 p.m.] Shipping. Melbourne, To-day. Arrived, yesterday—Tarawera. Rev Strong Deposed. At the Presbyterian Assembly last night by a large majority a motion was adopted declaring that the Rev. Chas. Strong was no longer a minister of the Presbyterian Church. Exploration. Further intelligence to hand from Alice Springs states that Giles, who recently returned from the search for the missing explorers, underwent great suffering during the journey.