LONDON.

Daily Telegraph (Napier), Issue 2994, 29 January 1881, Page 3

LONDON.

January 27

Consols remain at 99£. New Zealand securities are unchanged The total reserve in notes and bullion in the Bank of England is £13,750,000

Adelaide and New Zealand breadstuffs and Australian tallow are without quotable change.

January 23. In the House of Commons last evening the debate on the second reading of the Irish Coercion Bill, giving the Viceroy power until October 1882, to arrest and. detain all persons guilty or suspected of treasonable conduct, and to limit the sale and possession of arms, was commenced. Several members spoke during the evening, but the chief speaker was the Right Hon. John Bright, the President of the Board of Trade, who addressed the House in strong terms of justification of the action of the Government in proposing coercive measures for the repression of the prevailing disorder in Ireland. The debate now stands adjourned to the next sitting.

It is currently stated in Russian and other political circles that, in view of the success of General Skobeloff 's expedition against the Tekke Turcomans, and the retreat of the latter from Geok Tepe, the Russian Government is now adverse to continuing the campaign, and that further hostilities will not be proceeded with.

The butter brought by the steamer Protos has realised one shilling per pound. The total return from the fresh meat, after payment of all charges, shows that there is a profit of fully £1000.