ENGLISH & FOREIGN.

Globe, Volume XXIV, Issue 2538, 27 May 1882, Page 3

ENGLISH & FOREIGN.

[REUTER'S TELEGBAHB.] LONDON, May 25

Consols havo declined to 102 - New Zealand securities remain at the following quotations :—Fiva per Cent. 10-40 Loan, 106 i; Five per Cent. 1889 Loan, 105 ; Four-and-a-Half per Cent. 1879-1904 Loan, 103 i. The total reserve in the Bank of England in notes and bullion is £13,300,000. The Bank rate of discount remains at 3 per cent., and the market rate at 2-g. Adelaide wheat is unchanged at 52s ex store, and New Zealand ditto at 51s. Adelaide flour, ex store, 355. The market is dull. Australian tallow is quiet, at 41s 6d for best beef and 43s Gd for best mutton. A good demand was again experienced at to-day's wool auction. The catalogue comprised 12,700 bales. Since the opening of the series 4000 bales have been withdrawn.

The reports to hand of the English wheat crop are satisfactory, and there is every reason to expect that it will be an average one. The Australian cricketers commenced their fourth match at the Kennington Oval against eleven of the «ounty of Surrey. The weather was wet and the wicket rather lumpy. The Surrey eleven went in first, and were all disposed of for 170. Mr W. W. Read was the highest scorer with 49. Boyle bowled splendidly for the Australians, taking six wickets for 52 runs, and the fielding of tho men generally was excellent. When the stumps were drawn for to-day the Australians had made 9 runs without losing a wicket. Th» attendance at the match was only moderate. CAIRO, May 25.

It has transpired that the ultimatum delivered by the English and Erench Consuls to the President of the Council of Ministers, declares that Arabi Pasha must be sent out of the country, and Mustapha Pehmy and Abdulla despatched from the seat of Government to tho interior provinces. Also, that the must resign. It is further reported that the time granted to the Ministry to decide upon their reply to the ultimatum is twenty-four hours, and that Turkish troops will at the end of that timo be summoned unless a satisfactory settlement of the present crisis be previously effected.