CABLE NEWS.

Poverty Bay Standard, Volume I, Issue 92, 25 March 1884, Page 2

CABLE NEWS.

[Per Electric Telegraph—Copyright.] [Reuter’s Telegrams.] London, March 21. The Victorian gunboat Childers is at Souakim, and may not improbably be employed for some time as a despatch boat. The French Government have determined to appoint an official resident at Obok, in Abyssinia. March 22. A portion of the cargo of frozen mutton ex s.s. Victory from New Zealand, was sold today at s|d to 6d per lb. The London Chartered Bank of Australia has declared a dividend for the past half-year at the rate of 5 per cent, per annum, and carried £25,000 to the reserve. Mr. Gladstone is improving in health. His recovery, however, is slow. The wool market is quiet. The arrivals to date for the next auctions consist of 120,000 bales. The total reserve in the Bank of England in notes and bullion has risen to £17,000,0000, an increase of £1,900,000 during the week. The proportion of reserve to liabilities has advanced from 43 to 47 per cent. Consols remain at 102. Bank rate of discount 3 per cent. ; the market rate still remains at 2.} per cent. New Zealand securities are now quoted :—5 per cent. 10-40 loan, 103 ; 5 per cent. 1883 loan, 105 ; 41 per cent. 1879-1904 loan, 100 J ex div. ; 4 per cent, inscribed stock, 100. THE SOUDAN. SUBJECTION OF SHIEKS. Cairo, March 21. Three influential Sheiks, of Eastern Soudan, have tendered their subjection to General Graham, and it is expected that others will shortly follow. RELIEF OF SAEFUJEH, EXTENDED OPERATIONS. March 22. Despatches dated the 15th inst. have been received from Gordon Pasha announcing that he had succeeded in rescuing the beseiged garrison at Saefujeh, and intended to make an attack in force upon the rebels outside Khartoum next day (March 16). DEPARTURE OF THE POPE. Rome, March 22. It has transpired that the College of Cardinals is discussing the expediency of the departure of the Pope from Rome. THE TONQUIN WAR—FURTHER FRENCH SUCCESSES. HEAVY INDEMNITY. London, March 21. It has transpired that France has claimed an indemnity from China for the expenses of the Tonquin campaign, the amount being fixed at a minimum of six million pounds sterling. Paris, March 22. A despatch from Tonquin states that the French have captured Hingingin, and without loss. The Chinese, however, suffered very heavily. ARREST OF NIHILISTS. St. Petersburg, March 21. Twenty-six Nihilists, among whom are four military officets, have been arrested by the police. (AGE SPECIALS.) FRENCH FORTIFICATIONS. London, March 12. The French are reported to be fortifying Obock, a possession of France, situated in the Gulf of Aden. DISCONTENT OF BRITISH TROOPS IN EGYPT. It is reported that considerable discontent prevails amongst the British soldiers regarding their prolonged service in Egypt. They complain of the undecided policy of the Government with respect to Egyptian affairs, and aver that the retention in Egypt only leads to aimless butchery.