INTERCOLONIAL NEWS.

West Coast Times, Issue 341, 26 October 1866, Page 2

INTERCOLONIAL NEWS.

(by. electric telegraph.) SYDNEY.

October 17. In the Assembly,/ the motion to grant Llo,ooo as rewards for the discovery of new goldfields was negatived by twentyeight to eight. The Assembly i 3 considering the Education Bill in committee. Strong efforts are bsing made to strike out words constitut ing the Colonial Secretary ex-officio president of the new board. The Government oppose any amendment. Mr Caston, flour merchant, has assigned his estate. The statement shows liabilities. L 31,000; assets, L 17,000 ; contingent liabilities, L 14.800. A detachment of the 12th Regiment garrisoned here, sailed for Auckland today. - Scott was brought up to-day, and charged with the (Sussex-street murder. A portion of the evidence was heard, and the case adjourned to Friday. The Sydney Insurance Company have declared a dividend of ten per cent, pet annum, and increased their reserve fund to LI 4,200.

Mahar, convicted of the Coononbarabran murder, has been sentenced to death at Bathurst. The Traveller has cleared for Melbourne, with 300 bags of maize and 100 tons of kerosene shale. Breadstuffs are lower, owing to the Californian advices. October 18.' The Assembly sat all night, and until half-past eleven to-day, on -the first clause of the Education Bill. The advocates of the denominational system obstructed the transaction of any business. There is no House to-day, and the Edu* cation Bill takes precedence to-morrow. The wool sales'to-day were brisker ; 156 bales were sold— greasy at 4d to ll£d; scoured, 13d to 21£ d ; fleece, 15|d to 20£ d; sheepskins, 3d to 9|d. St Luke's Anglican Church was consecrated to-day by the bishop. In the Intercolonial Practice Match, Slade made seventy-six points at the 700, 800, and 900 yards ranges.

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The markets are unaltered. Maize is dull at 33 8d to 3s lOd. Arrived. — Trinculo, from Foo-cho.w-foo, with 2228 chests, 2789 half- chests, and 2270' boxes of tea. The gold escorts this week brought down 3700 l ounces of gold. Tb,eTwool sales to-day passed off without animation, and for the lots sold the prices obtained were easier, except for greasy wool and sheepskins. Buyers were not at all anxious to purchase, except at lowerrates. Messrs Martyn and Co., of the bazaar, report that a few drafts of fine upstanding horses, in good condition, would meet with a favorable market here now. ADELAIDE. October 17. Mr Babbage, the explorer, and the representative of South Australia at the Intercolonial Exhibition, Melbourne, sailed to-day per Aidinga. Messrs Cobb and Co. started their first coach this morning to the bay. The .Government intend issuing fourpenny and two shilling postage stamps. There will be seventy-four South Australian exhibitors at the Melbourne Exhibition. Not a single fleece of wool or specimen of leather manufacture will be exhibited.

The four newly-elected members of the Legislative Council took their seats yesterday. No comment was made as to the fact of one member being returned on two writs. At a meeting of the Burra Company today, authority was given to the directors to sell a large quantity of landed property belonging to the compatjy. There is no alteration in the corn market. Wheat, 4s 8d to 4s 9d. Flour, Lll 10s to Ll2 10s. October 18. Mr Finniss has offered his services to survey the Northern territory. „ A debate is now going on on the subject of the resolution as to the Northern territory. There is only a balance of L 24,400 to the credit of the fund.

Owing to the Californian news, there is a considerable fall in wheat ; sales to-day at 4s 3d— no buj'ers now at over 4s. There are no transactions in flour.

Arrived. — Prince of Wales, with 384 Government immigrants. She grounded at Point Malcolm, but was got off this morning without injury. The master of the Prince of Wales, Captain John Rippon, died on the passage out.

There is a demand for light counter and yellow crystal sugars. * The steamer Bogan cannot get down the River Darling, and the water is falling. She is wool-laden.

The Legislative Council agreed this afternoon to the resolutions proposed by the Government recommending the abandonment of the Northern territory, and the refunding of the purchase moneys. In the Assembly, the debate on the same resolutions has been adjourned until to-mor-row, and it is expected that they will be negatived. The general opinion seems to be, that the Government ought to survey the country before abandoning it. Mr Charles Goode suggested that the settlement should be handed over to Queensland, if the Government of that colony will take the responsibility of its management. Two offers to survey the country have been received by the Government, but no price was named in either. It is thought that a tender offering to survey the wh01e, 300,000 acres at a given price, ■with securities that it would be properly carried out, would be at once accepted.