Telegraphic News.

Waikato Times, Volume XIII, Issue 1054, 27 March 1879, Page 2

Telegraphic News.

ENGLISH CABLEGRAMS. [REUTERS SPECIAL CABLEGRAMS. I DEFEAT OF THE ZULUS. LONDON, March 22. Hostilities against the Zulus have been re-commenced by Lord Chelmsford. Colonel Pearson has burned Cetewayo's Kraal. In the engagement which took place, heavy loss was sustained by the Zulus. COMMERCIAL PANIC AT NEW ORLEANS. LONDON, March 22. A commercial panic has occurred at New Orleans, and there has been a run on the banks, causing great excitement. COMMERCIAL. LONDON, March 22. The money market is weaker. The Bank of England rate is 2£ per cent, but the discount rates in the open market are considerably ' below the Bank minimum.

The stock markets are steady. Colonial Government debentures are in brisk demand. The scrip of the new Victorian loan is at par.

The wool market is firmer. There is a better attendance of buyers, and the home trade is leas reserved. Prices are without noticeable alteration. Wheat is lower. New Zealand at from 43 to 465.

LORD CHELMSFORD REQUESTS TO BE SO PERSE. DED. LONDON, March, 21. Lord Chelmsford writes to the Secretary of State for War on February 9, requesting to be superseded in command of the British Forcee in Natal. Sir Bartle Frere, the Governor of Cape Colony, and High Commissioner, ill an accompanying despatch, concurred in Lord Chelmsford's request, and pointed out the necessity that an officer be selected fitted to succeed him. [The above is a correct copy of the telegram which a few days ago went the round of the Press.]

THE POLICE AT THE CAPE CENSURED. LONDON, March 21. The Secretary of State for the Colonies, replying on March 19, !

censured Ihe policy of the Governor, bub stated that the Imperial Government bad no desire to withdraw their confidence in him in the present crisis, He added that the Imperial Government will decide upon the conditions of peace, but they are disposed to sanction annexation of the Zulu country.

LONDON, March 23. The latest Uape news states that the relief ot (Jolonel Pearson at Ekrowe will be postponed until Lord Ohelmsford is strongly reinforced. LONDON, March 24. The Select Committee of the House of Commons has resumed the enquiry concerning the election of Sir Bryan O'Loghlen for Olare. Mr Berry was the first witness that was examined. A Royal Commission, under the presidency of the Prince of Wales, has been appointed for the Sydney and Melbourne Exhibitions. J BOMBAY, March 25. Major Cava goari is expected at Lahore to confer with the Viceroy. ST. PETERSBURGH, March 24. A fresh case of plague appeared at Wittlauka, in Siberia. LONDON, March 24. A very severe earthquake in Persia killed 1100 persons. In the House of Lords, the Secretary of State for Foreign Affairs, in replying to a question, said if the Treaty of Berlin was not fulfilled, the Sulfcan of Turkey thought the British fleet in the Sea of Marmora should bo sent to the Black Sea w secure compliance with the conditions of the Treaty, and that the Sultan should be authorised to ask assistance of his allies. The Secretary added that he did not anticipate that the contingency alluded to by the Sultan would arise.