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TELEGRAPHIC.

BRITISH AND FOREIGN. (Per Beuierjs Agency.) London, May 4. Five per cent. New Zealand loan 1889, At the wool sa'e to-day, 12,900 were offered, making a total of 15f£>00 bales catalogued since the opening The tone of the wool market was quieter. Washed cross-breds were 3d. lower, and greasy cross-breds 2d. lower. May 5. The University of Glasgow has conferred an honorary degree on the Hon. Thomas MTI wraith, Colonial Secretary of Queensland. The Right Hon. Robert Lowe has been raised to the peerage. A despatch from the Indian Government has been published, which states that the cost of the Afghan Avar will probably exceed the estimate by at least four million pounds. London, May 5. 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 in practising at Mitcham. May G. The Right Hon. G. J. Goschen proceeds to Constantinople as Special Ambassador, during the absence of Sir Henry Layard, who has been granted leave of absence. Calcutta, May 5. Latest news from Afghanistan report that General Stewart has replaced General Sir Frederick Roberts in command of the British forces at Cabul. AUSTRALIAN. {Per Reuters' Agency.) Sydney, May 5. Dr. Hector has bought a diamond drill which was shown at the Exhibition. Sydney, May 6. At an Anti-Chinese meeting last night, at which fully 800 persons were present, Ninian Melvalle, the new member for Northumberland, declared he would stonewall the Assembly on the Immigration and Chinese questions. News has been received from the Berrington diggings that a crushing of two tons of quartz yielded 190 ozs. of gold. Bbisbane, May 5. Yery valuable deposits of tin have been discovered on the Tate river. Melbourne, May 5. In reply to a deputation of farmers, asking that the policy of protection should be adopted against admitting New Zealand grain into Victoria, the Hon. Mr. Service offered no encouragement that anything of that nature would be supported by Government. Melbourne, May 6. Mauritius advices to 20th April report : ■ —lnferior sugar lower in-price, and a poor crop expected; 1490 tons have been cleared for Australia and 200 tons for New Zealand. William Howard Smith and Sons, owners of a large fleet of steamers trading between Queenlsand, New South Wales, and South Australia, contemplate having their boats fitted with refrigerating machines for the purpose of conveying shipments of meat from Queensland, to be transhipped at Sydney to the Orient line of steamers. Rivalry is the favorite for the Cup at to 2. A telegram has been received from 'London, which states that the Australian crick"^ers play their first match against May 18. May 7. L 50.000 having been subscribed, the Meat Freezing Company will immediately commence operations. Mr. J. Orr, ex-member for Moira, is dead.

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TELEGRAPHIC. Ashburton Guardian, Volume 1, Issue 97, 8 May 1880

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