LATEST FROM EUROPE.

Ashburton Guardian, Volume V, Issue 1021, 10 December 1883, Page 2

LATEST FROM EUROPE.

[rEOTEr’s XKLEORAMS—COPYRIGHT. ] Monetary and Commercial. London, Dec. 7. Consols remain at and New Zealand securities as follows:—Five per cent 10-40 Loan, 105 ; Five per cent. 1889 Loan, 104 ; Four and a half per cent. 1879-1904 Loan, Four per ce:it. inscribed stock, The market rate of discount has further advanced yi, and is now percent. The bank rate is 3 per cent Wheat is steady at the following prices: Adelaide, ex stoie, 46s ; New Zealand do, 38s 6d to 43s 6d; Adelaide flour, ex warehouse, 325. The total quantity of wheal afloat for Great Britain is 1.810.000 quarters, being a decrease of 440.000 quarters as compared with last week. Scotch pig iron has fallen 6d per ton, and is now quoted at 475, f.o.b. in the Clyde; galvanised iron, 26 guage, packed in cases, f.0.b., London, LlB xos. London, Deo. 8. No changes to report in the markets for colonial securities or produce. The Wool Sales. London, Deo. 7. At to-day’s wool auction 11,200 bales were offered. The prices continue firm. London, Dec. 8. The colonial wool sales closed today with a hardening tendency in prices generally. During the series 150.000 bales have been sold, and 10.000 bales are held for next sale. [Received Dec. 10, II a m. j The Mails. London, Dec, 8. The homeward mails via Scilly and Brindisi, dated Melbourne, Oct. 25, were delivered yesterday. Frozen Meat. A portion of the cargo of frozen mutton, ex Lusitania, was sold to-day at an average price of per lb. The meat is in good condition. The Turkish Fleet in the Bed Sea. The British Government has agreed to the presence of the Turkish frigates in the Ked Sea, where they have been ordered to rendezvous by the Porte, provided the Turkish squadron be ordered to co-operate with British war vessels now cruising off the Eastern coast of Egypt. The Speakership. London, Dec. 9.

It has transpired that Mr Arthur W. Peel, Liberal member for Warwick, and representative since 1865 of that constituency in the Houee of Commons, has expressed his willingness to be nominated for the Speaker’s Chair, vacant by the resignation of Sir H. B. W Brand. The Grown Prince’s-Progress. Madrid, Dec. 8. Prince Frederick William, the Getr man Crown Prince, who is now on a visit to King Alfonso, will return to Berlin via Rome, and will then pay a visit to his Holiness Pope Leo X|II, Franco and Tonquin- 3 1 Paris, Deo. 8- ■ The parleying which for some time past has been proceeding betweeb Marquis Tseng and M. Ferry in regard to the Tonquin difficulty is still pro*

ceeding. Nothing, however, is definitely known legarding the progress which has been made in the negotiations. American Sympathy with O’Donnell. Washington, Dec 8. A deputation of members of the United States Congress have petitioned President Arthur to obtain from the British Government a respite for O’Donnel, convicted of the murder of James Carey, and upon whom a sentence of death had been passed on the ist inst. Farther Disaster in the Sou 'an. Caiko, Dec. 9. Despatches to hand from Souakim, dated the sth inst., slate that an attack in force was made on that date by the Arab Hillmen upon the Egyptian troops, who had been despatched as reinforcements for the garrison at Souakim. The attack was made some distance outside the town, and resulted in the destruction of five companies of Egyptian troops.