CABLE NEWS.

Poverty Bay Standard, Volume I, Issue 11, 20 November 1883, Page 2

CABLE NEWS.

(From ova own CobbSsfonmkt.) LONDON, Nov. 15. The total reserve in the Bank of England in notes and bullion is £12,400,000, an increase of £BOO,OOO during the week. Tho proportion of reserve to liabilities remains at 43 per cent. The bank rate of discount is unchanged at 3 per cent. The market rate is 2j per cent. Hides—Australian light weights are }d to Jd lower, and heavy weights Jd lower. Nov. 16.—Console remain at 101 Jd.

Nrw Zealand securities are quoted as follows i —s per Cent. 10'40 loan, lOefd. 5 par cent. 1889 loan, 104 i 4J per cent 1879'1904 loan, 99J ; 4 per cent, inscribed stock, 1004. The total quantity of wheat afloat for Great Britain is 1,750,000 quarters, a decrease of 10,000 quarters during tho Week. Adelaide wheat, ex store, remains at 4fli, and New Zeeland ditto, 88s 6d to 44s fld | Adelaide flour, ex Store) 82s.

Australian tallow—Beet beef, 83i fld i best mutton, 395.

The Peninsula and Oriental Steamship Company have declared a dividend of 6J per cent, for the past half year. Tho French and German Press are now engaged in renewed bickering, the latter assuming a menacing aud aggressive tone. November 18

Baron de Lessepi was entertained at a public banquet at Liverpool last evening In his speech in reply to the toast of hie health, Baron de Lesseps expres-ed himself most hopeful of the settlement being arrived at for the construction of a second canal through the Isthmus of Sues. CALCUTTA, Nov. 18.

The Victorian and New South Wales Com miesiunere fur the approaching International Exhibition have arrived here. The colonial courts are progressing very favorably, and will, it is expected, be complete when tho building is op ned. CONSTANTINOPLE, Nov. 15.

The difficulty which has lately arisen between the Russian Government and Prince Alexander, of Bulgaria, is now being amicably arranged. The terms of the settlement provide that a Russian is to be tho agent appointed to tho position of Bulgarian War Minister, but that he should abstain from taking part in Bulgarian politic*.