LATEST EUROPEAN.
f Loi?poN, Fe|>. 15. The Victorian Embassy has arrived at Home, all well. j-The Bank minimum is unchanged. Money is scarce in open market, and accumulation of gold in the Bank continues. >~ The 'reserve is fifteen and a half millions.. The stock markets are unsettled. Consols have been affected by the African -disaster, while the markets for Australian securities have suffered somein sympathy with,other "descriptions of stock. -,>-,.-,.,.•:..:. The New Zealand Agricultural Company was promoted by Sir J. Vbgel and fx Lamach without difficulty despite c opposition of The Times. For the first issue of half a million, £300,000 was subscribed. Corn is inactive. Recent shipments of New Zealand have been inferior in quality. Wheat, 475. Tallow: mutton, 37s to 88s ; beef, 33s.* s Brandy, firm. A telegram from the Cape, dated Feb. 4, says that, the Zulus were defeated in engagements with the English troops, and Aatal is now quite secure. Feb. 18. *• Lord Napier of Malaga has been recalled from Gibraltar, and appointed Commander-in-Chief against the Zulus. The new German tariff allows free importation of wool, but taxes copper. The German Government refuses to arrest the Socialist deputies. There have been some serious riots at
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https://paperspast.natlib.govt.nz/newspapers/AMBPA18790225.2.18.1
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Akaroa Mail and Banks Peninsula Advertiser, Volume 3, Issue 272, 25 February 1879, Page 3
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198LATEST EUROPEAN. Akaroa Mail and Banks Peninsula Advertiser, Volume 3, Issue 272, 25 February 1879, Page 3
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