LATEST FROM EUROPE.
[brutbr's trlkgrams—copyright.] Monetary and Commercial. London, Jan. 24. The total reserve in notes and bul lion in the Bank of England has ad vanced to L 12,700,000, being ar increase of L 600,000 during the week. The proportion of reserve to liabilities remains at 42 per cent The Bank rate of discount is unchanged at 3 per . cent, and the market rate at 2 % per cent Consols are New Zealand securities as follows: —Five per cent 10-40 Loan, 105 Four and a half per cent 1879-1904 Loan, 101^ ; Four per cent. Inscribed Stock, 1 00. The markets for colonial breadstuff's and tallow are unaltered. Australian hides are dull, and the market is without quotable change. The Tonquin War. ' Paris, Jan. 24. Despatches received from Admiral ‘ Courbet state that a reconnaissance of Bacninh has been made. A large number of the enemy is strongly posted in the neighborhood. Affairs in Egypt. Cairo, Jan. 24. Gordon Pasha is now in this city, and has had a lengthened conference with Sir Evelyn Baring regarding the state of Soudan. Relying upon his knowledge of the districts in rebellion and his ac- . quaintance with the Arab tribes, Gbr- ' don. Pasha decided to make the journey ‘ to Khartoum without an escort. Incorrect. .... London, Jan. 24. The rumor that Lord Augustus Loftus will succeed the Marquis of Normanby as Governor of Victoria is , incorrect t ‘ The Burning Question. —__ ... ____London, Jan. 25. . The Times thisTxiori»i*tg_pubaish£d. .the text of the Annexadion and Federadon Bill. ' [Received Jan. 36, 11.20 p.m.] The Europeans in Chinat - Hong Kong, Jan. 25. ..News is to hand frem Hoihou,' a coast town on the Lieu Cheil Peninsu(Chinese have assumed an anti-foreign attitude. The houses of several European residents have been attacked and pillaged, and the Inmates have taken refuge at the Consulates. ‘'The Chinese officials are taking ste'ps / ;to suppress the outbreak, and it is ex- " ‘ pected that order will soon be restored.
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Ashburton Guardian, Volume V, Issue 1060, 26 January 1884, Page 3
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321LATEST FROM EUROPE. Ashburton Guardian, Volume V, Issue 1060, 26 January 1884, Page 3
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