LATEST HOME AND FOREIGN NEWS.
, r ,, r -.,,.'. -~r ~, r- , v£_ ru-i: Kf\K.« l-SoiTVFt'VV. The Ameer has received sympathic hospitality front Russia. In Turkestan thy Russian Budget proposes increased taxation to equalise the «'venue and the expenditure. The Grand Vizier proposes to reduce the array to a minimum, and decentralise the provinces. January 13. An official enquiry into the Thunderer casuatty resulted in a verdict that the explosion was ittte to a defective- weld. Russian Commissioners, have been appointed to. consider means, for reducing public expenditure. The Times has reason to believe 1i ako< >h Khan has been vmciatty informed by the Indian t'Jovemmertt of the. conditions of peace such as he can honorably accept. The Midland Institute, lUrmtnyham. containing the largest Shakespeare library in the world, has been totally destroyed bv tire.
(srK.rt.vr. to rnpss .vs^ort.U'Tov). Janttarv It
Money is plentiful, with a slack discount demand. The bank minimum is unchanged ;, market rate on three months" hills. 4." The bank reserve is steadily increasing, and is now over lOi millions. The batik lias advanced the Government ">- 1 , null.oris.
'The stocks market is steady. Consols are rising, and are now at J'-V". Tfie market for Australian securities is remarkably linn.
Tlv> corn market is unchanged.
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Bibliographic details
Oamaru Mail, Volume IV, Issue 858, 15 January 1879, Page 2
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204LATEST HOME AND FOREIGN NEWS. Oamaru Mail, Volume IV, Issue 858, 15 January 1879, Page 2
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