Apparatus for sensing the collapse of cavitation bubbles in liquid flowing through a conduit having an inner surface and an opening extending through said surface to provide communication with said liquid, said apparatus comprising an elongated pulse transmitting rod member extending into said opening in a position in which the inner end thereof is substantially flush with said inner conduit surface adjacent said opening, the outer end of said rod member being disposed outside said conduit a predetermined remote distance from said conduit in a location in which said outer end can be maintained at a temperature substantially unaffected by the temperature of said liquid and said conduit, a diaphragm type member having a central opening and being mounted on said conduit, said rod member extending through said opening and being affixed to said diaphragm member in a sealing relationship therewith, said diaphragm member enabling transmission of relatively undistorted and unattenuated pulses through said rod member, and a transducer mounted on said outer end of said rod member and operable to develop electrical signals in response to a sensing of pulses transmitted through said rod and caused by forces in said conduit resulting from the collapse of cavitation bubbles in said liquid.