CABLE NEWS.

Ashburton Guardian, Volume V, Issue 1535, 8 May 1885, Page 2

CABLE NEWS.

LATfcST FROM EUROPE-

t Irkutsk's tkleobims—copyright.] * The Rebellion in Canada. ' Ottawa, May 6. [ Farther details to hand in regard to , the engagement between the rebel i Indians and General Middleton’s force , on Sunday last, show that the Indians^ 1 who were completely routed, lost fully , ioo men. The troops were successful j in rescuing the women who had been , taken prisoners by the Batouches. Monetary and CommercialLondon, May 5. 1 Consols have further advanced %to New Zealand securities 5 I per cent xo-40 loan, shows an advance of 2 per cent, and is now 1 qz}4. The 4/4 per cent 1879-1904 loan has risen by to 101. The market rate of discount has farther fallen 1 / { % now standing at 2 per cent, being below Bank rate. Colonial breadstuff's and tallow are at previous quotations. Dividend. The London chartered Bank of Australia has declared a dividend at the rate of 6 per cent per annum, and carried forward to the reserve fund L 25,000. Shipping „■ c Rio Hr Janeiro May 5. , The New Zealand Shipping Company’s s.s., Ruapehu arrived here yes- - terday evening. Her cargo of meat*ls in good’condition. Shawr, Savill and Albion Company,’s s.s. Tainui left here this afternoon for London, with her frozen meat in good condition. (Received May 8, 11 a.m.) Monetary. LOndon, May J. The Directors of the Bank of England have decided to-day to reduce the bank rate of discount from 3 to 3 pef cent,