LATEST FROM EUROPE.

Ashburton Guardian, Volume V, Issue 1268, 31 May 1884, Page 2

LATEST FROM EUROPE.

[redtkr's ISLIORAKB—rOpFTBipxT,} Monetary and Commercial. London, May 2t. The consols remain at ioi}i ;■ Bank rate of discount remains at 2}i per cent.; market rate per cent; The total reserve in notes and bullion In the Bank of England to-day. was returned at fLi5,600,000, being an increase of L 200,000 during the week. a The .proportion of reserve to liabilities remains at 48 per cent. The markets for colonial breadstuffs and tallow are without change. At the hides auction to-day Australian heavy weights were in good demand, but light weights sold at to j£d lower.

German Territory Telegrams are to hand from Gibraltar stating that Lieut.-General De Nachlegal, of the German army, is now at : that port, and about to proceed in a German gunboat to formally occupy the territory at Angra Penguina on the West Coast of Africa, which for some time past has been a German settlement, and regarding which diplomatic negotiations passed between the British and German Governments, owing to a dispute which occurred in October last between a firm of German merchants at the settlement and the captain of a British schooner over the question of the payment of Customs dues. (Reotived May 31,12 15 p.m] A Rationalist Pamphleteer. London, May 30. Sir Charles Cavan Duffy has announced his intention of issuing a series of ** Nationalist” pamphlets, advocating the creation of an Irish Parliament. The Oriental Bank. The prospectus of the new Oriental Bank has been issued. The capital of the institution will be two million Sterling . Received May 31, 1.20 p.m. The Queensland Loan. London, May 30. Tenders for the Queensland loan of La,700,000, bearing, interest at 4 per cent., the minimum being fixed at 98, were opened to-day. The tenders were found to amount to a total of L 9,000,000. Tenders at L 99 8s will receive 40 per cent of the allotment, and tenders above that price will receive in full