LATEST FROM EUROPE.

Ashburton Guardian, Volume V, Issue 1251, 12 May 1884, Page 3

LATEST FROM EUROPE.

J’rRUTBR’k rif LEG RAMS COV V WIGHT. 1 Monetary and Commercial. London, May 9. Consols remain at and New Zealand securities remain at yesterday’s quotations. Adelaide wheat, ex store, 425. Cargoes of Adelaide wheat off the coast are selling at 40s 6d. New Zealand wheat, ex store, 35s to 40s; Adelaide flour, ex store, 28s. The total quantity of wheat afloat for the United Kingdom is 2,060,000 quarters. Tallow—Australian, average beef, 36s ; ditto mutton, 395. At to - day’s wool auction 10,000 bales were offered. The market continues firm. Good wools of every description are now ruling higher than at the close of last auctions. New Zealand mutton, prime quality, is realising per lb. London, May 10. Consols remain at and New Zealand securities at last quotations. There are no changes to report in the market for colonial produce. At today’s wool sale 10,400 bales were catalogued. The markets continue firm. TJw Oriental Bank London May 9 With a view to the solution of the financial difficulties of the Oriental Bank, a scheme is now being matured for the purpose of forming a new bank to take over the liabilities and assets' of the insolvent Corporation, London, May 10 The formation of a new Bank to take over the business of the Oriental Banking Corporation is now proceeding, under direction of the Company’s solicitor.

The Egyptian Conference. In the House of Commons to-day Mr Gladstone stated that the Egyptian finances would form the basis upon which a Conference should be held, 'but that this would not preclude any Power from raising other questions. Committal of Dynamiters. Egan and Daly, dynamiters, who were arrested three weeks ago at Birkenhead and Birmingham, have been committed for trial. The San Francisco Mall. The homeward mails via San Francisco, dated Auckland, April ist, were delivered yesterday. Shipping. Arrived Steamship lonic from Lyttelton (March 29th). Khartoum Invested. Cairo, May 10. Despatches have been received from the Governor of Dongola, announcing that the country to the southward of Debbeh is in open rebellion, and that Khartoum is completely invested by the rebels. Messengers whom he has despatched to the latter place have been unable to reach it. Rising in Zululand. Capetown, May 9.

Intelligence is to hand from Zululand that a serious rising of tribes occurred there, and Mr Osborne, the British Resident, has asked the Imperial authorities for immediate military assistance. Affairs in ChinaMono Kong. May 9. The latest news received here from Pekin states that the Imperial Chinese Council has condemned the proposal submitted by Li Hung Tsang, Secretary of State. (Received May 13, 10.50 a.m.) An Expedition to Khartoum. London, May 11. The Observer this morning publishes a telegram from their correspondent at Cairo, stating that orders have beerf received there from the Imperial Government to make preparations to despatch in October a force of 10,000 men, to relieve General Gordon at Khartoum. It is further stated that Lord Wolseley will command the ex pedition.