REUTER'S TELEGRAMS.

Kumara Times, Issue 1125, 7 May 1880, Page 2

REUTER'S TELEGRAMS.

BRITISH AND FOREIGN. London, May 4. Five Per Cent. New Zealand Loan 1889, 107.

At the wool sales to-day 12,900 bales were offered making a total of 139,500 bales catologued since the opening. The tone of the sale was quieter, and washed crossbreds are 3d lower; greasy crossbreds 2d lower.

May 5. The University of Glasgow lias conferred the hon. degree upon the Hon. T. M'llwraith, Colonial Secretary for Queensland, who is now on a visit to this country.

The Right Hon. Robert Lowe has been raised to the Peerage. A despatch from the Indian Government has been published, which states that the Afghan war- will pi*bably exceed the estimate by at least £4000,000. Adelaide wheat per 4961b5, ex warehouse, 37s ; New Zealand wheat 435, C.F.G. ; New Zealand wheat per 4961b5, ex ship, 48s.

At the wool sales to-day 8,900 bales were offered, making a total of 100,500 bales catalogued since the opening. The directors of the West of England Bank, who were charged with issuing a false balance sheet, have been acquitted. The Australian Cricketers are now in London, and are engaged practising at Mitcham.

Caxcutta, May,s. • Latest news from Afghanistan' reports that General Stewart has replaced General Sir Frederick Roberts in command of the British forces at CabuL

LATEST AUSTRALIAN NEWS. Melbourne, May 5. A deputation of farmers waited to-day upon the Premier, to ask that a policy of

protection should be adopted against the introduction of New Zealand grain intd Victoria. Mr Service, in reply, offered no encouragement to the views of the deputation.

t»- ,■ . ' , - May 6. Kivalry is the favorite for the Cun at 5 to 2. L ' Mauritius advices to 20th April report that inferior sugar is lower in price. A poor crop is expected ; 1400 tons cleared for Australia and 200 for New Zealand

■n irr x , Sydney, May 5. JJr Hector has bought a diamond drilL which waa shown at the Sydney Exhibition*

Am. .' rii '•:•■ i May 6. At the anti-Chinese meeting last night* at which fuully 800 persons were present Vman Melville, the new member for" Northumberland, declared he would stone-' Wa ToV l . e Assem W oh flie immigration and Chinese questions. News have been received from the Barrmgton stating that the crushing of two tons of quartz had yielded 190 ozs of gold. Freights at Mauritius by last advices had little enquiry: The rate to Australia was 32s 6d to 37s 6d: Tonnage was scarce.

_ r Brisbane, May 5. Valuable deposits of tin have been dia* covered on the Tate river.