CABLE NEWS.

Ashburton Guardian, Volume V, Issue 1375, 8 November 1884, Page 2

CABLE NEWS.

•LATEST FROM JEUROPE. fEEUTEB’B IBIEOBAMB—OOPTBI6HT.I Shipping. - - LohdoK, Not. 6. Arrived—Ship Brodrlck Bay, fraitn Lyttelton, July 29th. Monetary and Commercial. Consols have further fallen and are now quoted at roofg. New Zealand securities remain at the following fqu* tations;—Five per cent 10-40 Loan, 104 ; Five per cent 1889 Loan, 103 ex div; Four and a half per cent. 1879-1904 Loan, 104#Four per cent Inscribed Stock, 101#. The total reserve in the Bank of England in notes, and bullion is L 9,500,000, being L 600,000 less than the reserve of last Thursday. The proportion of reserve to liabilities has fallen during the week from 36 per cent to 34 per cent The Bank rate of discount has been raised to s per cent, and the market rate !sas advanced to 4per cent. The market for colonial produce is without quotable change. : The Franchise Bill. Londok, Kbv. 7In the House of Commons last: night the Franchise Bill came up for consideration, and the second reading of the measure was moved by Mr Gladstone. France and China. It is currently stated here that direct negotiations for the settlement of affairs in the East have again been commenced by the French and Chinese Governments. The rumors that the British Government offered to mediate between France and China proved to be correct, and an official announcement to that effect was made yesterday. The New President. In its issue this morning the Daily limes publishes a telegram from a correspondent at Washington announcing the election of Grover Cleveland to the Presidency of the United States. The Cholera. P. 4 bis, Nov. 6. ■' Some cases of cholera occurred here, and the outbreak caused considerable alarm. [Received Nov. 8, 12.43 p.m.] Arrival of the iorangi. London, Nov. 7. Arrived at Plymouth —Steamship Aorangi from Lyttelton, Sept. 27. The Plague in Paris. Paris, Nov. 7. Twenty cases of cholera, thirteen of which proved fatal, have occurred in this city since Wednesday- last; - Stringent precautions have been adopted'by the authorities to prevent the spread of the disease. Beport Confirmed. . Wasbimotom,-Nov. 7. General Grover Cleveland, Democratic candidate, has been elected Prfi- * sident of the United States.

a AUSTRALIAN. t (rEOTBB’s TELEGRAMS—COPYRIGHT.) Smallpox. Melbourne, Yesterday, P One of the smallpox patients at the > sanitorium died from disease to-day. The Markets. * Sydney, Yesterday. New Zealand wheat remains at 32a j New Zealand oats has fallen to 3s; maize has advanced to 5s 8d - per bushel. Sugar Company’s No.'t pieces, per ton, L3l. A Wreck. Brisbane, Yesterday News has reached here that the barque Bannockburn, bound from Auckland to Normanton, has gone ashore on the Northern coast, but it is expected she will be got off, and the captain refuses to abandon her. Arrival of the Bnapehu. Hobabt, Yesterday. Arrived—Steamship Ruapehu, from Plymouth, September. 27th. The Bishop of Wellington and Mrs Hadficld are among the passengers. The Annexation Contributions. The Legislative Assembly this afternoon refused to sanction the payment of a proportionate double contribution now required by the Imperial Government for the annexation of New Guineas. Payment of Members. Adelaide, Yesterday. In the Legislative ’Assembly this afternoon a Bill providing for the payment qf members was thrown out [Received Nov. 8, 12.46 p.mj L Declined. Tp-day.. All the colonies except Victoria have Reclined to double the ‘ proposed con? tributions for the New Guinea Government Victoria, moreover, is disin? dined to agree to the same without information from Lor4 Derby,