CABLE NEWS.

Ashburton Guardian, Volume IV, Issue 1003, 19 November 1883, Page 2

CABLE NEWS.

LATEST FROM EUROPE. fREUTER’S TELEGRAMS —COPYRIGHT.] Monetary and Commercial. London, Not. 16. The total reserve in the Bank of England in notes and bullion is Li 2,400,000, being an increase of L 200,000 during the week. -The.ptatr, portion of reserve to liabilities remains at 43 per cent. The Bank rate of discount is unchanged at at 3 percent.} and the market rate is Australian light weights }id to Jfe£d lower, and heavy weights %d. London, Not. 16. • Consols remain at lor %; New Zealand securities are quoted as follows: Five per cent. 10-40 Loan, 105 Six per cent. 1889 Loan, 104 j Four and a half per cent. 1879-1904 Ixian, 99/4 1 Four per cent inscribed stock, xoo%. The total quantity of wheat afloat for Great Britain is 1,750,000 quarters, being a decrease of 10,000 quarters during the week. Adelaide wheat, ex store, remains at 46s ; and- t New Zealand ditto at 38s 6d to 44s 6d. Australian tallow—best beef, 38s; best mutton, 395. The P. and O. Company. The Peninsular and Oriental Steamship Company has declared a dividend . ot 5 per cent, for the past half-year. France and Germany. * : - 'T The French and German Press are now engaged in renewed bickerißgicthftn latter assuming a menacing and aggressive tone. The Calcutta Exhibition. - ; , Calcutta, Not. 16. * The Victorian and New South Wales Commissioners for the approaching International Exhibition have arrived here. ' The Colonial Courts are pro- ; gressing > very favorably,. and ate expected to be completed .when the. building is opened.