CABLE NEWS.

Ashburton Guardian, Volume V, Issue 1471, 23 February 1885, Page 2

CABLE NEWS.

LATEST FROM EUROPE-

fBKUTRK’B TM.EORAMB—OOPVaiOHT.I Monetary and Commercial. London, February 90. „' Consols remain at land securities at last quotations, viz, —5 per cent. 10.40 loan,, 104^ ; 4% percent 1879-1904 loan, cent inscribed stock, Colonial breadstufts are unchanged. The total quantity of wheat afloat for the: United Kingdom is 2,540,000 quarters, being, increase of 190,000 during the week. Australian tallow Beef, average quality, has declined to 335. . Mutton J remains at 345; Mew Zealand frozen mutton,. prime quality, remains at d. to sd. .-Jr

. (Received January 23, 11a.m.) Russian Encroachment. . - London February 22. News is to hand from Ceatral Asfa that the Russian forces are advancing from Turkistan towards Panjidh, a town on the river Murghab, about fifty* miles to the south of the present , Afgharr-Turkish frontier. In quence of this step"" Sir Peter LumsdenCi and the British members of the Anglo- ~ Russian Commission have retired from Sarakbo to Herat, fearing that a collision will take place between the Afg- : bans and the Russians owing to the encroachment of the latter 00 Afghan territory. ‘ ' - ;

European Conference. - - . BaEiiiNj February 22: The European Conference- have agreed to the neutrality' of* the Congo river. The Conference will! closeon Thursday next. . .