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Grey River Argus, Volume XII, Issue 1178, 8 May 1872, Page 2

There is no mistake whatever about the wheat surplus of South Australia. An Adelaide .telegram to the Argils, dated April 17, the whole area under cultivation at 692 608 •ores, «ad the total yield at 3,907!027 bushels, or an average of five bushels 441bs per acre. After providing for home consumption and seed, and taking into account the export up to date— say the end of March —then remained about 20,000 tons on hand. Referring to these figures, the AwtraUtsian of April 20 says the facts appear to have been in Some measure forestalled, The public had beat informed, first of all, that a(Ua*t

15,000 tons must be taken off. the original estimate of available surplus, and a' few weeks later a reduction of that estimate by 60,000 tons was announced; Under the circumstances it will.be readily understood that the Victorian statistics are very anxiously looked for. Tiking the jwpulation of the Australasian colonies at 2,000,000— a very moderate estimate— thefood requirements alone amount to 12,000,000 bushels. At the outside, the three principal wheat-producing coloniesSouth Australia, Victoria, and New Zealand —Will not yield more than 11,000,000 bushels, and all the others combined will barely make up the difference. The actual position of the grain market can thus be pretty accurately measured.