ENGLISH & FOREIGN.

Globe, Volume XXIII, Issue 2257, 27 June 1881, Page 3

ENGLISH & FOREIGN.

NETWS.

[reuter's telegrams.] LONDON, June 24. The Markets Three per cent, consols have fallen J, and are quoted to-day at 100 h New Zealand Five per cent. 10.40 Loan, 105 ; New Zealand Five per cent. 1889 Loan, 105; New Zealand Four and a-half per cent. 1879-1904 Loan, 103. Wheat has risen, Is Gd; Adelaide, ex warehouse, is quoted at 50s; New Zealand, 475; Adelaide flour, ex warehouse, remains at 345. The total quantity of wheat afloat for Groat Britain is 2,040,000 quarters. Australian tallow has risen Is per cwt; best beef is quoted at 35s Gd; best mutton, 37s Gd. Best Scotch pig iron, No. 1, f.0.b., in Clyde has risen to 48a 6d per ton. At the wool sale to-day, 0800 bales were catalogued. There was a firm and active demand. June 25. At the wool sale to-day, 7100 bales were offered. A firm demand was again experienced. Cyprus. In the House of Commons to-day a question was put to the Premier with regard to the position of affairs in Eastern Europe, and a long and animated debate ensued with regard to the Anglo-Turkish convention entered into during the former Administration, in the terms of which the Island of Cyprus was placed under British rule as a guarantee for certain reforms to be carried ont by the Porte in Asiatic Turkey. In the course of the debate the Radical members strongly urged that the convention should be cancelled. The Bight Hon. W. E. Gladstone, in reply, reviewed and justified the attacks ho had formerly made upon the Conservative policy, but he stated that it was quite impossible for the British Government to restore Cyprus to Turkish misrule. He added, however, that Lord Dnfferin, the present British Ambassador to the Porte, had been instructed to endeavor, as far as possible, to expedite reform in Armenia. The French TreatiesIn consequence of the slow progress which has hitherto been made in the negotiations for a renewal of the commercial treaties of 1860 and 1873 between France and England, the French Government has agreed to prolong the existing treaties which would otherwise terminate in October next for a further period of three months. PARIS, June 24. Ferocious ArabsIntelligence has been received of a terrible occurrence in Algeria. A large body of native Arabs made an overwhelming attack on the Spanish colonists resident at Saida. The latter could afford but feeble resistance, and were completely overcome, over 100 being killed and 400 taken prisoners, the majority being seriously wounded.