LATEST FROM EUROPE.

Ashburton Guardian, Volume V, Issue 1404, 13 December 1884, Page 2

LATEST FROM EUROPE.

r [REUTER'S TBIiKOKA.Ua—COPYRIGHT.] 3 Monetary and OommerciaL ' r London, December 11. - Consols remain at ex div. The > total reserve in the Bank of England irf ’ notes and bullion is Li2,n0,000, 3 being an increase since last Thursday r of L 900,000. The proportion of re- - serve to liabilities has advanced from i 38 to 43 per cent. The market for > colonial breadstuff's and tallow is unr changed. r t (Received December 13, 12.10 p.m.) Shipping. > London, December 12. 1 Arrived, at Plymouth—Steamship > Doric, from Lyttelton, and steamship | Potosi, from Melbourne. . The Franco-Chinese Difficulty. | Paris. December 12, " , In the Chamber of Deputies • last , night the Premier, M. Ferry, made~a • statement regarding the Franco-Chmese difficulty, in which he announced that the attitude assumed by the Chinese Government bad defeated Earl Granville’s efforts at mediation between the two countries, and the parleying which had been proceeding was now ended. M, Ferry added that the Government intended to pursue energetic measures in the prosecution of hostilities against China. [Received December 13,12.40 p.m.] The Federation Bill. London, December 12. The amendment proposed by the Imperial Government in the Draft Bill to constitute a Federal Council of Australasia are now shown to be chiefly, verbal, and are likely to prove quite unobjectionable to the colonits. France and Madagascar. Paris, December 12. An official telegram from Madagascar has been published. It states that the French forces have captured a fort containing five guns at South Vohectas, and that in the engagement which took place 200 Hovas were killed. A War Vote. The Senate have agreed to an addk tional 45,000,000 francs for the French operations in Tonquin. In the debate which took place on the motion for the credit, M. Ferry promised that immediate action should be taken by the Government in carrying on the war with China. The Egyptian Oaisso. Cairo, December 12. The Australian, French, and Italian Governments support the claims of Germany and Russia to seats on the Commission of the Caisse of the Public Debt.