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LATEST AUSTRALIAN TELEGRAMS.

(From the Mgut) SYDNEY. Feb. 7. The wool sales are stagnant. Prices a half. penny lower. Little whs sold. A lot of im bales of scoured fetched from 16Jd to \n per lb;;" *

Flour has declined 10s. Adelaide is told it from £l3 to £l3 10s. At auction Mauritius sugars sold at slightly better rates. White crystals, £39 10s, to £4010s; fine counters, £35 10s to £37/ lot counters, £3115s to £34, Feb. 8. The markets are steady. There is a brisk demand for candles; holders ask 13d. Mr Fotheringham held a large sale of oil. men's stores and groceries. Java rice brought £lB 15s; currants, 4Jd to 4|l ; candlei pint pickles, 8s 3d; tallow' 10s higher. ' Feb. 9. Mr Johnson, head teller of the Commercial Bank, has been arrested for embezzlement, and remanded. The ship Jason sailed for London on Thursday, the Paramatta to-day, at daylight and the Australian to-day, at noon. They intend to have a race home. There is a considerable sum of money bet on the result, the odds offered being two to oue in favour of the Australian. There was a crowd of people witnessed her departure, and they gave her some hearty cheers.

Feb. 11. Johnson, teller of the Commercial Bank, has been remanded for a week.

The Colonial Secretary and the Post-master-General are likely to represent New South Wales at the postal conference. The last month's Customs revenue amounted to £77,855, being £2500 more than any previous month's receipts. Last month's yield of gold exhibits a decrease of 800oz.

Sugars are easier: about 2000 tons hart arrived since Saturday morning. Breadstuffs are more active. The Ann Banfleld's cargo of Chilian has been bought for export on terms withheld. The balance of the Australind's cargo of Californian hu been sold privately at £l2. Feb. 12. Breadstuffs are active. Mr Lamb sold the entire cargo of tea ei Luchow, principally to Melbourne buyeri. Congou, chests, £5 10s to £712 ; finest, 2i 4d per lb ; half-chests, £2 18s 3d to £4 2a; boxes, 18s 6d to 21s.

News has been received by this mail that the Privy Council has refused to grant Bertrand, who had been found guilty of the murder of Kinder, a new trial. The Hon. Mr Parkes, Chief Secretary, and the Hon. Mr Docker, Postmaster-General, will represent this colony at the Postal Conference.

ADELAIDE. Feb. 6. Wheat is in good demand at 4s to 4s o\i at tho port, and 3s9din town. There ii not much offering. It is reported that several other vessels have been chartered in Melbourne to load here with wheat. The Adriatic has been chartered to load wheat for England. At an auction sale to-day, a mob of fine cattle was sold at an average of £9 per head. Feb. 7. Great disgust is felt here at the way in which South Australia has been treated in the late intercolonial treaty. Wheat is in good demand at 4s to 4s Old, but no transactions are reported, owing to the paucity of supplies. The telegrams announcing the proposed new tariff of Victoria have produced great excitement here. It was deemed incredible that a tax on breadstuffs would be imposed, and the journals strongly condemn it, at raising additional barriers between the two colonies, and provoking hostilities instead of jnomoting commercial federation. Feb. 8. The corn market is without alteration;

buyers aie numerous at 4s to 4s OJd, bat there are no sellers. Large sales of corn sacks were made to-day at 14a 6d; holderi now ask 15s.

The Government Gazette gives the exports of wheat for the week endiDg Saturday, January 26th, at 5800 quarters of wheat and 1260 tons of flour, as against 3481 quarters of wheat and 607 tons of flour in the week previous.

There is a great demand for candles, aid stocks arfi very low. Cornsacks are wanted at 14s 6d per doien. Feb. 9. The corn market is unaltered. Wheat, 4« OJd. The farmers are holding back their grain till the arrival of the mail. A sale of town flour is reported at a reduced figure. The Glenaros and the Orient, ships, sailed for London to-day, each taking a cargo of wheat. The latter vessel has been detained for more than a fortnight by grounding on the inner bar.

Captain Cadell will sail for the Northern territory in a few days, in the Government schooner Flinders Captain Cadell goes thereon behalf of the Government to fix upon a new site for the settlement in that territory. Nearly 4,000 tons of breadstuffs were brought to the Fort by rail last week. Feb. 11. The news by the English mail is considered satisfactory. It is favourable to the continuance of wheat shipments. Great vexation is felt at the scarcity of shipping in the port. The stores are stocked to excess.

The market, remains without alteration as to prices. There is no business doing in the corn market. It is not expected that the English news will improve the price of wheat. Feb. 12.

Judge Boothby appeared on the Bench at the Supreme Court this morning, but withdrew, after making a dignified protest against the illegality of the action of the Government in issuing a Commission to the Chief Justice, and thus casting contumely and indignity on

his judicial office. 200,000 bushels of wheat are paid to be available for shipment at Port MacUonneli, should suitable tonnage be obtained. A parcel of 800 bags of sugar realised at auction to-day, for inferior rations to fair brown, £25 to £3l. The corn msrket is very quiet. Buyers offrr 4s. Flour is very dull at £9 15s to £ll.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LT18670223.2.15

Bibliographic details

Lyttelton Times, Volume XXVII, Issue 1929, 23 February 1867, Page 2

Word Count
942

LATEST AUSTRALIAN TELEGRAMS. Lyttelton Times, Volume XXVII, Issue 1929, 23 February 1867, Page 2

LATEST AUSTRALIAN TELEGRAMS. Lyttelton Times, Volume XXVII, Issue 1929, 23 February 1867, Page 2