ENGLISH & FOREIGN.
[keutee’s telegrams.] LONDON, May 11. Consols remain at 100-J-. The Bank rate of discount remains at 3 per cent; the market rate has been reduced to 2%. The total reserve in notes and bullion in the Bank of England is £12,500,000, the same as last week. New Zealand securities are unchanged. Colonial breadstuffs and tallow are without quotable change. The funeral of Lord Frederick Cavendish took place to-day at Chatsworth, Derbyshire. Fully 50,000 persons were present, including members of the Ministry and of both Houses of Parliament. It is announced that Leonard Courtenay, M.P., Under-Secretary for the Colonies, has been appointed Financial Secretary to the Treasury, vice the late Lord Frederick Cavendish, and that the Hon. R. Evelyn Ashley, Parliamentary Secretary to the Board of Trade, has been appointed to succeed Mr Courtenay as Under-Secretary for the Colonies. May 12.
The London Press generally approve of the provisions of the Bill introduced by Mr Gladstone for the adoption of repressive measures in Ireland, Mr Parnell is now under police protection, in consequence of a threatening letter which he has received in regard to his action in supporting the Irish policy of the Government.
Consols are unchanged at 101£. New Zealand securities remain at last quotations. Adelaide wheat remains at 545, and New Zealand ditto at 51s, ex store. The total quantity of wheat afloat for Great Britain is 2,530,000 quarters. Adelaide flour, 365. Australian tallow— Best beef has advanced to 43a 6d ; best mutton to 445.
May 13,
The “ Daily News ” publishes a paragraph in this morning’s issue stating that Mr Gladstone is expected to resign the Chancellorship of the Exchequer. CAIRO, May 12.
The Notables refuse to respond to the call of the Ministry to meet forthwith, and Arabi Pasha now threatens that he will depose his Highness the Khedive, with the help of the army. It is understood here that the English and French ironclads will arrive off the coast shortly.
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Bibliographic details
Globe, Volume XXIV, Issue 2527, 15 May 1882, Page 3
Word Count
325ENGLISH & FOREIGN. Globe, Volume XXIV, Issue 2527, 15 May 1882, Page 3
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