TELEGRAMS.

Temuka Leader, Volume 2, Issue 145, 14 May 1879, Page 2

TELEGRAMS.

ENGLISH AND FOREIGN, London, May 10. News from Afghanistan states that proposals of peace have been made by the British, involving a material rectificalion of the frontier. The proposals have been accepted by Yakoob Khan. Despite the heavy payments for Sydney and Capo loans, money is plentiful, with slack discount demands. The Stock markets have recovered. The Debenture markets are steady. Wool prices are well maintained at the ojrening rates Consols are unchanged. There are no New Zealand forty to forty-fours in the market. The London Press comment unfavorably on Mr Berry’s demands. The Prince Imperial immediately on his arrival at the Capo proceeded to Natal, where ho will join Lord Chelmsford’s forces. St. Pjeteusbtjrg, May 10. It is semi officially stated that an understanding has been arrived at between Russia and China, relative to the Kashgar difficulty, and that the former foregoes its claims to any portion of the province. London, May 11. Advices from Cape Town to the 26th April report the Lord-Chelmsford and his

staff were going to Utrecht. Magenza, a brother' to Cetewayo has surrendered. It lias been decided to send further reinforcements to the Cape. Berlin, May 11. The? Tariff Bills of Prince Bismarck have been referred to a Select Committee which has considered their favorable adoption. AUSTRALIAN NEWS. Sydney, May 12. Heavy rains have fallen during tire last three days, and severe floods are reported in the northern districts. Melbourne, May 12. There is no truth in the report that signs of the Kelly’s have been seen. There is a prospect of an English professional cricket team visiting Melbourne during the Exhibition. The Provincial and Surburban Bank has suspended payment, hoping to resume shortly. The Associated Banks meet tomorrow, to consider the propriety of taking over the assets and paying the liabilities in full, It is believed the creditors will be paid in full. It is a small bank, with very limited note circulation. Four mounted men, armed, have been seen on the Dandenong range. Superintendent Hart’s force of police are gone in pursuit.