CABLE MESSAGES.

Akaroa Mail and Banks Peninsula Advertiser, Volume 3, Issue 308, 1 July 1879, Page 2

CABLE MESSAGES.

LATEST EUROPEAN.

[Special to the Mail.]

(Rebtke's Telegrams.) London, June 27. Three per cent. Consols, 97f, Everything is quiet commercially. . * ' •* (prom the lyttelton times.) London, June 26. Complying with the order of the Sultan, m the Khedive has abdicated in favour of bis son, the hereditary Prince Tewfik. The abdication of the Khedive of Egypt is confirmed. The Chancellor of the Exchequer,-injreply to a question, said that misgovernment was the chief cause of his deposition, and non-com-pliance with financial engagements had also contributed to it. The Chancellor *• ofthe Exchequer has promised to produce ihe papers connected with the matter at an early date. The Bank of England Reserve is • \ £20,812,500. J The markets are unchanged. i ■ -■■( . [Age Special.] J London, June 26. I The Khedive proceds to Constan- z tinople to consult the Sultan. His son, ;■ Mahomed Tewfik, is appointed Regent. .8 The change is announced as temporary, ~'*| but is practically permanent. Egypt ;-. will in future be adniinisterd by Eng-^i land and France. *^__| Tenders are invited for the Lyttelton Harbour Board Loan of £200,000, mini- M muni. 102. _. June 27. *■ The administration of Egypt will be ■ conducted in future by Ministers ap- H pointed by England and France. The -Khedive has guaranteed £40,000 a yea_ Wm to the revenue of Egypt. H Syzran, a town hi Russia, has been mm utterly destroyed by fire ■