LATEST.

Thames Star, Volume X, Issue 3092, 15 January 1879, Page 2

LATEST.

Bombay, January 13. The excitement amongst the natives caused by General Eoberts' victory is subsiding. General Eoberti has decided oh erecting a fortification at Khost, and provision it for two London, January 13. A official enquiry into the explosion aboard the Thunderer finds that the cause ii attributable to imperfect loading. St. Pbtebbbubg, January 13. An Imperial, ukase announces the appointment of a Commission to consider the means of reducing public expenditure.

(Special to Pbess Agency.)

London,: January 11. Money is plentiful; the demand for discounts slack. The bank minimum is unchanged. Three months' , bills, four j per cent. The bank reserve is steadily rising,l'being^tidtf 'over ten and a-half millions. The Bank of England have advanced the Government three and a-half millions. " ' „,.. Stock market, easy,..consols (rising) riinety-five and three-quarters. , Australian securities remarkably firm. Corn'market unchanged.

(JtErjTEß's Special to Pbess Agency.)

London, January 13. The Times says it has reason to believe that Yakoob Ehan has been officially informed that the conditions of peace which will be offered to him are such as he can honorably accept. ■ • ■ 1 The Midland Institute, Birmingham, (containing the largest; Shakespearean library in the world, has been totally destroyed by fire. Bombay. January lilt is semiofficially stated that the Ameer is now in Turkestan, that he will receive the sympathetic hospitality of Eussia,* but that the idea of Russia's mediation on his behalf is illusory. St. Petebs3UßG, January 12. The [Russian Budget for 1879 published in the estimates it is proposed to equalise the revenue and expenditure by an increase of taxation. Constantinople, January 12. Th« programme of the Grand Vizier proposes a reduction of the army to the minimum, and decentralisation of provinces. , . . ■