MELBOURNE.

Auckland Star, Volume IV, Issue 989, 20 March 1873, Page 2

MELBOURNE.

March 13. Rumoured dissensions in the Cabinet owing to proposal by Mr Langton of an ini-. practicable character causes discussion, A telegram received' from Sir James McCulloch confirms, the American news of the refusal of a subsidy to the Australian steamship line, and the withdrawal of Webb's steamers. "■'■' ' -'■".".'"'.,/■'

This next New Zealand mail will go via Sydney. ;; The news from Sydney relative to cargo orders for coal by the Admiralty will have an immediate effect upon the iron manufacturing and other trades. The prospect of an American naval establishment at Hawaii is attracting considerable attention. The breadstuffs market haa been considerably affected. The fall within the -week wheat is equal to 4d per bushel. Flour has declined 10s per ton. Sugar is in great demand in consequence of the short stocks held in Mauritius, the ad^ vanced rates, and the' small shipments made for the colonies. ■ : . Hops are selling at extremely high prices. The J Victorian crop of 1873 is on the market as usual, as well as the Tasmaman, which is selling high. o. ;_._ > Iron is rising. ■ ' ;' '/' j v