AUSTRALIAN TELEGRAMS. MELBOURNE.

Hawke's Bay Times, Volume 8, Issue 399, 2 August 1866, Page 2

AUSTRALIAN TELEGRAMS. MELBOURNE.

12th July. Business dull, buyers declining to operate till after receipts of English letters. A feeding of confidence has been manifested, Adelaide flour has had rather better sales—best, £l7 to £l7 ss. Nothing doing in wheat, reliable quotations can-* not bo given. The Ottolina’s cargo was sold to arrive. California 1 barley, ss. Geneva still changing hands. Small parcels of kerosene were sold at 5s 2d. The mail steamer arrived at eleven a.m. The River Darling is rising very heavy rains at Fort Bourke, the Bogan River bank high. 13th July. The new Governor is expected by the next mail steamer. The Oriental Bank has raised the discount one per cent; others have not yet followed. The ship Baden, from London to Melbourne is in King George’s Sound for repairs. * The Victoria Coal Company propose to form a large company to build a railway from Capo Paterson to Eastern Port, and work the coalfield. Capital, quarter of a million. Business is more satisfactory, and the correspondence has relieved the alarm caused by the mail news. Geneva run after ; sales at 13s. Large demand for teas. Common congous Is 6d in bond j fine congous, half-chests, duty paid 2s sd. Sales of Chillian flour at £l4 10s. Wheat unsettled; sales of Chilian at 6s 6d. Barley in demand j sales at ss. Maize at 5s 6d. Considerable sales of sugar at auction. Advices from Mauritius to 30th May report the arrival of the Agnes, Jessie, Seiska, Alexander, and Wild Wave, for cargoes for Sydney, Launceston and Hobart Town, Not a bag available till-next crop. 14th July, A large sale of Geneva, best brands, has taken place, which brought 12s 6d; Linseed oil is higher by 4d per gallon. Weather fine. Arrived.—Racer, from London. Sailed. Hero, for Sydney ; Moravian, for London, with 36,000 ounaes gold. The tenders for the Torres Straits postal route are as follows: —James Coleman, to mu four steamers, at 10s 6d per mile; Bright, Brothers, to run the Hero for £1,600 per mouth ; the A. S. N. and Neannum ; Mr Van Delden, ou behalf of the Dutch Company, £30,000 p' annum, for three paddle steamers.