TELEGRAMS.

Temuka Leader, Issue 256, 8 May 1880, Page 2

TELEGRAMS.

ENGLISH AND FOREIGN. London, May .4 Five per cent New Zealand loan, 1889, 107. At wool sales to-day 12,900 bales were offered, making a total of 151,500 bales catalogued since the opening. The tone of the market was quieter. For washed crossbreds, 3d lower. May 5. The Univerity of Glasgow has conferred an honorary degree on the Hon. Thomas Mcllwraith, Colonel Secretary of Queensland. The Right Hon. Robert Lowe has been raised to tho Peerage. Rome, April 80. The Italian Ministry has been defeated and the Chamber of Deputies has been dissolved. London, May 3. Three per cent consols, 99| ; 5 per cent New Zealand, 10-40 loan 5 per cent New Zealand loan 1878, 107-k ; 4i per cent New Zealand loan 1879 to 1904, 99^. At the wool sales to-day, 10,800 bales were offered, making a total of 138,G00 bales catalogued since the opening. The tone of to-day’s auction was quieter and weaker May 4. Mr Bradlaugh, who was elected for Northampton during the late elections, having declined to take tho oath, a committee of the House of Commons has been appointed to consider whether the game ball • > iispensed with.

A despatch from tie Indian Government has been published, in which it is stated that the cost of the Afghan war will probably exceed the estimates by at least L 4,000,000. The directors of the West of England Bank, who wore charged with issuing « false bslance-sheet, have beeen acquitted . The Australian cricketers are now in London, and are engaged in practising. May 6. The Right Hon. G. J. Goschen proceeds to Constantinople as Special Ambassador during the absence of Hir Henry Layard, who hae been grants! leave of absence. Calcutta, May 5 Latest news from Afghanistan reports that General Stewart has replaced General Rir Fred. Roberts in command of the British forces at Cahul.