AUSTRALIAN TELEGRAMS.

Daily Southern Cross, Volume XXII, Issue 2809, 27 July 1866, Page 5

AUSTRALIAN TELEGRAMS.

Pir 'Beautiful Star,' Captain Morwick, we have one day's later news from Sydney. "We quote from the Sydney Morning Herald : —

Forbes, July 16. Sinking and "boring operations are proceeding briskly on Thompson's lead, and high prices are asked and obtained for shares. "A large influx of miners is taking place from Lambing Plat, Dubbo, and Stoney Creek diggings, and numbers are reported on their way from victoria. Mr. Commissioner Johnstone is busily occupied to-day issuing miners' rights. Weather moist and genial. No frost!

( Melboubke, July 16. David Rannard, boot importer, has failed — liabilities, £15,000 ; the amount of assets not yet ascertained. Denis Eisenstaedter has called his creditors together. ~ The first copper from ThomsonV Eiver arrived to-day en route for Adelaide. Walter Montgomesy, the "tragedian, comes here on a two years' engagement, and has sailed. Business is quiet, and" speculation is confined to geneva and rice. Breadstuffs are heavy; sales of Adelaide flour are reported at £17 for town, and £16 10s. for country, and Chilian £14 ; there is no demand for wheat ; sales of barley have been effected at 4s.' 10£ d. to ss. ; maize is firmer, with buyers at ss. 6d. A large sale of rice has taken place at last quotations, and the balance in stock is held for .£29 10s. AuRiVBDi — The 'Fitzjames,'from London, leaking heavily ; ' Eva Joshua,' from Mauritius ; ' White Hose,' from Greenock ; ' Star of India,' from liverpool; • Malabar,' from Hamburg. The 'Reineville,' supposed for Sydney, is off the Otway.

Adelaide, July 16. I The banks have raised the rates of discount to 9 per cent, for two months' bills, and 10 percent, for three months' bills. Also in discount accounts to * very considerable amount. Business is consequently very dull, and merchants regard the immediate future very gloomily. The cargo of Baltic timber per i Caroline' realised at auction s£d. to 5Jd. The trade, evidently frightened by the present state of monetary matters, showed little inclination to buy, although deals are very scarce. Several cases of robbery under arms had occurred in Adelaide streets on Saturday night. The Mayor has determined to call a meeting for the purpose of arranging to supplement the efforts of the police in puttingdown these gangs. Market price of wheat, 6s. Sales of good brand flour, £15 Ids. Amoved. — 'Philip Nelson,' from London. The 'Eliza Blanche,' from Melbourne to Mauritius, has put in with serious damage to hull and sails. Sailed. — 'Banshee,' for New Zealand; 'E.K. Bateeon,' for. Newcastle.

' ' ' Mattkitius [vi& Melbourne]. Nevrs to the 14th June has been received per 'Eva Joshua. ' There is no fine sugar on the island except the stock held by Joshua, Brothers, and they are sending it in fortnightly cargoes to Melbourne. Quotations are nominal ; second quality yellow crystals, 7 dollars lsocents to 7 dollars 75cents per 1001b. ; good yellow counters, 6 dollars 50 cents to 6 dollars . 75 cents. Hour is low owing to the large importa-tions,-and salt beef is also dull from the heavy arrivals from ; oats, 4, dollars per 1001b..; coals are scarce, and the first cargoes to arrive will probably realise from 9 to 10 dollars ; stocks of .tobacco are very small, and sales have been made at from 14 to 15 dollars per 1001b., and an advance is expected, . - - ' -

The new crop of sugar is estimated to yield 160,000 tons, tbe largest for five or six years past. The 'Ziska' sailed on the 9th June for Sydney, and has on board 180 tons of sugar purchased at high prices. No demand for shipping.