Reinforcements for the Cape.

Thames Star, Volume X, Issue 3133, 4 March 1879, Page 2

Reinforcements for the Cape.

London, March 2.

The British and French Governments have resolved to declare to the Khedive of Egypt that Nubar Pasha's retention of the Presidency of the Council of Egyptian Ministers, which office he recently resigned, is indispensable.

The last reinforcements left for the Cape to-day.

London, March 2.

Yakoob Khan has written a letter to the Viceroy of India, containing overtures for the renewal of friendly relations with the British Government. The letter adds that news has been received from Cabul of the., death of Shere Ali.

March 1.

Consols are 96*; New Zealand 5 per cent, loan, 103 Jj wheat, one shilling higher.

Sailed: The Chimborazo. The mails via Brindisi per Aconcagua have been delivered.

London, January 27.

Mr Graham Berry submitted the pro* posals under which the Assembly should be empowered to reform the Constitution, and should the Council not acquiesce, then to dissolve Parliament and the Bill to become law without the consent of the Council. If the Colonial Secretary, Sir Michael Hicks-Beach, rejects this proposal, then the Embassy suggests that Sir Michael Hicks-Beach and Mr Berry arrange a scheme to be embodied in an Imperial Act empowering the Victorian Assembly to take action when the Council declines to pass it measures. The Colonial Secretary abstained from any expression of opinion to these proposals, and will probably send a written reply to-mor-row.

Sir Michael Hicks-Beach invited, the Embassy to dinner.

Floating the Victorian loan has been deferred until the political position is settled.

There ia no decision yet as to the acceptance of the mail tenders. The amount of postage to be .retained by the British Government has first to be deter* mined.

The Banks yesterday advised the Victorian Agent-General that they could place three millions at ninety-six, provided the remainder of the proposed loan be withheld for eighteen months.

The stock market has recovered its firm tone.

Australian securities are remarkably firm. In wool prices are weak, with a declining tendency. Wheat has advanced Is to Is 6d; New Zealand, 42s to 465.