LATEST TELEGRAMS.

New Zealand Herald, Volume XVI, Issue 5356, 16 January 1879, Page 3

LATEST TELEGRAMS.

|| [HY CABLE.] | OL~KsI'S (' I- i Af JZ S & -A. GE. | r FJ!I M 01/ ft OWN CORKi:,rO.NDENT.] | I)EFKAT OF THE AFGHANS. 3 London, January 12. 1, ,• i vri: vi- UoiiKKTs, on the 12th, attacked ivl he \Mian irregulars. After a severe •j 1 i ' lir ?,u\ictcd contest, tlie Afghans were || U'lVitoil, with the loss of 500 killed, iitriierous prisoners, herds of cattle, and | "m'uitities of grain. {] DEATH OF ESPARTERO. London, January 12. g| .Marshal K<partero, Spanish statesman, ; is dead. ■ MONEV AND STOCK MARKETS. :*; * London, January 11. M'.nev is plentiful, with slack discount demand- The Hank ininiimun is unchan"od. .Market rata three months' ' " bill?, !our l' er eut - Bank reserve steadilv l-isinir, aad is now over ten and a-half millions. -I '['] 1C |;.ink of England advanced the Covenuuont three and a-half millions. The stock market is steady, s X Consols are risinj;—'JsJ. 5:; The mi it'kut for Australian securities is ' remarkably firm. ■ i The con; market is unchanged. DECREASE IX TRADE RETURNS. I THE Ai'GIIAN 1«» L'AN CAMPAIGN. SURRENDER OF KANDAHAR. I' (ttKUl'KiiS SPECIAL C'AB/.EGKiM.I.J ' J London, January 11. yil In the trade returns for December im-i'-i ports shew a decrease of five and a-half millions sterling, and the exports one and ; '• a-liaii millions, as compared with 1577. vi; The health of Earl Beaconstield is com--1 pkuly restored. j " Lhi.miiav, January 11. ■ The jiowerful tribe ot Mangals has asstiaied a threatening attitude. General 5 Ueberts has eonsenuuntly decided to return to Ivurmii to concentrate his forces. The Smlur* ot Kabul have written to Major Cavaguari iti friendly terms. The latest ad wees state that Abzul KJian, c •iinuainMug tho Afghan army at ? , Kandahar, has disbanded it, aud left the province. L * General Donald Stewart was one day's =" march from Kandahar on the Bth. t January 12. ; The Deputy-Governor of Kandahar has pt tendered his complete submission to the p British authorities, aud he now awaits tlie arrival of General Stewart and General Uidduph to surrender. The city of Kandahar is friendly. The f troops entered on tho 9th. The leading i; ofiicials and Afghan troops at Kandahar have lied to Herat. January 13. General Donald Stewart arid his forces - i Biarched through Kandahar unopposed. 15bk!.in, January 9. A bill has been introduced by Prince ! I Bismarck m the Federal Council, the übiect of which is the suppression of Socialism. It- also condemns the Pope. b THE RUSSIANS AND SHERE ALI. TURKISH. REFORMS. M'>RE TAXATION" FOR THE If RUSSIANS. Pi London, January 11. ■ ~ A s-emi-otlicial statement has been made '$ iliai tlie Amir of Afghanistan is now in % Turkist in. that lie will reeeire sympak| thetie hospitaii'y troui the Russians, but M the idea of mediaii oil on his behalf is illusory. London. January 12. The Russian budget for 1679 is published. An estimate is made to restore a the equilibrium between the revenue and ■ I expenditure by increased taxation. . ; The programme of the Grand Vizier of Turkey propo-es a reduction of the army ;j expenditure to a minimum, and the decentralisation of the provinces. ;f GENERAL ROBERTS'S VICTORY. KHOST TO BE GARRISONED. | RUSSIAN BANKRUPTCY, jjj Londox, January 13. rs The excitement among tlie natives caused vj by General Roberts's victory is subsiding, f | General Roberts has decided to garrison M the fort at Khost, and provision it for L; two months. t'4 The official inquiry into the explosion I 'i onboard H.M.s. Thunderer finds that it [ | is attributable to imperfect loading, i ; A Russian ukase announces that comjfiissioners have been appointed to con- [ | sider some means of reducing the public i-i expenditure. TERMS OF PEACE FOR THE "A AFGHANS. | SHAKESPEAREAN LIBRARY DESTROYED. j London, January 13. ;f Tlie Tun'.d has reason to believe that ?, Yakoob Khan has been ollicially informed i by the Indian Government of the condi- : tions of peace which can honourably be | accepted. j The Midland Institute in Birmingham, * containing the largest Shakespearean I library in the world, has been totally j destroyed by fire. j Tlie New Zealand fives are quoted at HMJ. j The November mail has been de~i lirered. | Adelaide wheat is a shilling lower. '1 Total afloat, one-and-a-half million fjuar--4 ter3 ' >3 London, January 14. The French Minister of War has resigned. General Greechy succeeds. :'•] The Frenchman Madden, who threaty| ened to shoot the Queen, is in detention :?i m Broadmer prison. P, The distress in the operative districts !;j is increasing. •VI