CABLEGRAMS.
[reuter’s telegrams]. BY ELECTRIC TELEGRAPH.—(COPYRIGHT.) LONDON, Dec. 7. The homeward mails, via Suez and Brindisi, which left Melbourne Oct. 26th, were delivered here to-day. The latest bulletin issued states that Mr Fawcett’s condition is more favorable. He is not, however, yet out of danger. A serious fire occurred in Wood street, Cheapside. Eight houses are now in flames and the conflagration is spreading. The funeral of the late Archbishop of Canterbury will take place to-day, at Addington, Surrey. Consols have declined J, to 995. The bank rate remains at 5, and market rate, at 3A per cent. The total reserve in notes and bullion in the Bank of England remains at £11,000,000 ; the proportion of reserve, to liability is 40 per cent. There are no changes to report in Colonial breadstuff’s or tallow. At the wool auction to-day the market was steady, but for low and inferior qualities the demand was not active. The catalogue comprised 6300 bales. Great Fire in London. LONDON, Dec. S. A great fire which occurred to-day in Wood-street, broke out at 4 a.m. in a block of buildings owned and partly occupied by Foster, Porter, and Co. Limited., wholesale hosiers. Between Addle Stand [ate] and London Wall the whole block has been completely destroyed, and the loss is set down at fully three millions sterling. The fire is the largest which has occurred in London since the great one in Tooley-street in 1861, when the damage was estimated at a million and a half. [We have given the cablegram as received, but, although tolerably familiar with both Wood-street and London Wall, we certainly fail to recognise “ Addle Stand.”] CAIRO, December 7. Reaz Pasha has resigned his seat in the Cabinet in consequence of the leniency which has been shown to rebels. It is probable that he will be succeeded by Mibar Pasha. It has been decided that Arabi and his accomplices, whose sentences of death were commuted to exile, are to be deported to Ceylon, an arrangement to that effect having been arrived at with the British Government.
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Poverty Bay Standard, Volume X, Issue 1221, 9 December 1882, Page 2
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344CABLEGRAMS. Poverty Bay Standard, Volume X, Issue 1221, 9 December 1882, Page 2
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