CABLEGRAMS.

Oamaru Mail, Volume IV, Issue 875, 4 February 1879, Page 2

CABLEGRAMS.

LITEST itOHR Ast> FOUBION NEWS, (i;irr'i!Ku'.->'ni;t,isr:K.v»r. FiCK.vr.K.->;-<.wsn<' , i.vvro'S.) lii.»p<->>" r January '►!. Tho Ulasgow i'amk directors made «-> defemv, and on If called witnesses a* t" character, t'otter an.if Sfrouai'h were found guilt v. Theothers have been found guilty of issuing r'i'.U*.? halances.. Sentence deferred till Sat.mm lay. February I. The foliewUiu''sentences have been passed on tho City of Glasgow lUnk directors : BVSter ami Stronaeh. til* months ; Taylor, tuglis. Wright. Salmon,, and Stewart. eiAt month.*' iiupvUonmervt. Counsel mw«l that the pcisouers were not guilty false balances,, and had n»> motivw for falsifying. _ New Zealand fives* * pec cent, fugher. All Colonial Keuucities are buoyant. Consols, »?.. Mwfcet rate discount, VS. IWiiv cesevve,. tJ7 (■'< tSW nuttiofM. N'ews. froiu the Citpt? of ttood Hope states that Cetewayo m >t hating wbmitted. wy,c litw bet'«- <leelai-ed against hint. Febcuacy 3. Thy Ptj'tish tt ; ""P* »itvan«ed into-the-Zutui-ountcywi the t- v f.h.. The advanw so fiu- is without opposition. frtv. (tladstone has, aw;w|>tea the c»n«Mdatura for Sft-dlothiapv. iVtaeshat SEaciVtahofv cwfas«* tw aeuede to the changes of the antt-reptttdrean winmandetft of the aenvy eweps, wnkh the Ministry desks- to. make-, and whtcb they pyenntty deutaretl they w«nM avoid antes feht? isimseituences proved detcvtnental to. the nation. Tlie Marshal threaten* to rest'xtv nvthev than that the amuy should ho "disorgiwusett, A majority of the CuumbtH's intimate that if hu cusigiuitiott is teiulerwd it will be auuepted.. The Cotonbl Institute- hsw »pp<-u«te«! a Select. Comniittee of Kiujnicy tw tw the pvact.iealnlit.y of a Colonial Exhibition ttt London'. , „ rt Mtw»h»£ MauMahoxt. persisting in his telfusivl to. thv of the «»mnu»nde.t», li;w virtuatty re»tgn«d. January 31. FvobivbU- fimdidjttcs for the I'restdeney; -♦tvßvy,. Freshtetit of the CbunWr of iTsputU!*:: Admin*! Fothiwn, illinister for Jlariiio aruf the Colonies. Hn » letter Marshal MaeMahon resigned the E'cesitfeney. The Senate and the Chamber of t>«:puti*'» were spewaJly convuketi to el«c« bi» .•jU«u«saor.

Evening. Orevy was elected by a large majority, and proclaimed President of the Republic for seven years. The Ministry remain in office, the President refusing to accept their resignation. . MaoMahon retires into private life. Gambctta is elected President of the Chamber of Deputies. February 2. The President, Council, and Ministers have resigned. ML Dufaure also persists in resigning. 31. Waddington forms a newMinistry. Bombay, January 30. General Stuart's cavalry entered Kilalighthde on the 21st. Vali Mahomet, brother of the Ameer of Afghanistan, arrived at Kuuam, and solicited General Roberts to receive him. A number of the chiefs of the Shimban accompany Vali-

(sfEttAt to rntas ASSOCIATION.) London, Februarj-1. The money market is rather firmer. Bank reserve stronger, nearly 13 millions. Consols, 90 to Ortj. Australian securities have experienced a strong revival. Th« wheat market is unchanged. There is a quantity of inferior New Zealand wheat in the market. Wool is fjiiiet. Current rates show a recovery. In tine wool business is less depressed. The Zulu war has commenced. The kirn* refused to listen to the British ultimatum. The troops immediately crossed the fronticr,attacking and carrying the principal outpost. Owim? to reported inroads on the settlements on the Guinea Coast, the Portujfuese Government has declared war on the hostile trihes. A strong expeditionary force is being sent out.

tHRKCT AtTSTUALIAN NEWS. (RKrrnKVrEU'.i'iKAJt. rKK pkeswassociation.) 3IKI.BofRNE, Februarj- 4. Tho creditors of M'Clure, Valentine, and Co. are chtetly local. The liabilities a,tv estimated at LIO,OOO. Surgeon Crooke, about whom there was a scandal, has had a fit of apoplexy. (sm.'tA!.Tn PBKSW AS!<Ot"IATIONj. ItRLHiiANK. February 3. Mr. Thomson, the Minister of Justice, has been re-etected for Ipswich by a maroritv of 1-t. An ab..Kris,'inal named Captain Piper lias b«-en arrested for a murder committed in IS*'.«. MrxnofßNK. Februarj- ••. A Ktsform League oKicer is alleged to havo aecppted LIW to get a person appointed Magistrate. Othercorrupttoiw in t.hv Lutids Mrtice art? alleged. Ai»FXAit>r. Februarj- 3. imchanged. Sv«»NtiV. Februarj- '•'•. Owttig to the very heavy rain, the match. KngEd'i v. IJathurst, wasn»t playe<l nitt. Captain body, burnt on board the brig fs*'rbro..>k six week* ag.». was recivered on Saturday, on the vessel being pumped »ut. attw'st. tmrecogntsabtf. It is mru-wd that Governor Weld, of Tastnania., wilt be our new Governor. N\>t-«"iv, alias Stuith. waj arrested <•" board tfu- Fratwrs Th»rp*% fr»m L»int»n. m:t Satnrdav. charged with fraudulent tn-sutvcucv-at'llidl. "