LATEST ENGLISH NEWS. London, September 27.

Waikato Times, Volume IV, Issue 220, 7 October 1873, Page 2

LATEST ENGLISH NEWS. London, September 27.

The Bank of England rate of discount has advanced to 4 per cent. There is a semi-panic on the Stock Exchange, and a further advance is expected. The English corn market is drooping, and quotations for .Adelaide wheat have fallen to 655. Ooppur is depressed, and few transactions are taking place. Australian cjpper is quoted at £U 2 to £93. The balance-sheet of the gieat banking firm of Jay, Cooke, and Co shows liabilities »8,(MJ0,000 and $16,000,000. The New Yoik associated banks have issued to the clearing-house loan ceitificates amounting to $18,000,000. There has been fuither fighting between the Carhsts and the Republican troops. The former weie outnumbered and they retreated. The insurgent frigates ruthlessly bombarded Alicante. They have now withdrawn, because they havebeen damaged London. On the 19th thorp was immensp excitement in Wall-street The failure of tin* limiting firm of <Tfn, Conkc and Co. was followed bv n pommovcinl pnnic. Messrs Fi«k, Hatoh and Co nn<l fourteen other limn in New York, MHpeiidod pnymenl, :tiid then " i» i general run on the bank* in Wellington au<l Plididflp l ! i It was at once announced that the Kectefnry of the Tre-nury would redeem all Government hills n •» they bvinifdiin On 1 1n* 20th I lie London Stock £xchnn<ro was depressed, mid con«ols receded Tlie Colonial Government securities, hnwner ipmnhied firm The excile i ent in New York was beginning to abate when it was rovneil In tin- -uspension of payment on the part of the L'nion Tru-«t<'i>mpnny in consequence of the defalcation by its secret or\, mil the refusal of tlu> clearing-house to aid in measures for the lxutunl as*i*tnnep of tlip bunks. I'mler the*e cfrpinn-1 unco* memhprs of the Mock Exchange decided to Mop <ipei liions fora dny in order to facilitate a «etf IpmiMit, and the broker's room wn» closed necordinglv. Sir Kdlieif If -mi- i v MacKonsie (formerly Trra^urer of Qucet'sl.ind) dic('. He hail for some time been in delicate lienlth, mid un-- it.,>nf- to proceed to a warmer climate when Ins illnev ptoved fatal. In (oii-i i|tiem«- of the C<uii t having forbidden the Tich* home el uiiuint to nppenr in public ngam, the defence it JieniK cuitniled, nnd the trial i<< now nppronching toa close. It i.s the intention of the Count Chnmbord to reside in France It is repoitrd from Khivn tliat the people of thr Mirroundinpj country arc n«suming a tlirentening iittitiulc tfjwnrds tbe Khan, nnd it is expected Hint the Russian force will return to Kirn a to protect him. The native inhabitants on the whole eoa«t westward of Elniinn hnve re\olted, nnd the tribes hinre joined the Ashanteet The war ships Wiirruconta and Argui bombarded Tncondi and another ■wlli^e. A binding force was repul-ed w ith loss. The steamer Arctic ha« arrived at Dundee with the crew of the Polaris.