SOUTH AUSTRALIA.

New Zealand Spectator and Cook's Strait Guardian, Volume II, Issue 93, 20 June 1846, Page 4

SOUTH AUSTRALIA.

The Troops. — The detachment of the 11th regiment, under the command of Capt. Webster, arrived on Monday, to replace the detachment of the 96th, which returns to Launceston, in the Brankenmoor, on Thursday. The New Mititary Barracks. — Major Twiss, R.E., arrived from Swan River a few days ago, in the Champion, and has, we understand, fixed on a spot near West-terrace as the site of the new Barracks. The wheat sent, to England last year, per Isabella Watson, had realised 765. to 78s. per quarter, netting 6s. per bushel to the shippers. Some prize samples had also fetched as high as 965, per quarter; about 100 bushels of seed wheat had averaged 11s. per bushel in the English market. With such encouraging prospects before them we trust our neighbours will not be induced to relinquish the growth of grain for the more alluring, though more deceptive, speculation of mining, as many have found to their cost, that gold may be bought at too dear a rate. Not only did the prize wheat sell as high as 955. and 965., but -1,500 bushels of the South Australian Company's corn fetched 765. [ per quarter ; which (less freight, duty, and charges, amounting to 3s. 6d. per bushel,) realized a net price of 6s. per bushel to the colony ; and other individual consignments sold equally well, one having sold at 78s. per quarter. Some sales of South Australian wool had been effected in Liverpool at 2s. 3d. per lb. The Adelaide Railway Company has at length been fairly started, the undertaking having been regularly registered in England, and a colonial committee of management appointed.The capital of the compahy(loo,oooJ.) is to be raised by the issue of 5,000 shares of £20 each, of which 1,000 have been reserved for this colony. The broad avenue reserved ' by Colonel Light for the express purpose of ! future railroad or canal communication is to be taken advantage of with the permission of the local government, and it is thought £25,000 will suffice for the work. There is a conical hill of copper near Mount Arden, and about forty-five miles from the head of the Gulf, which is reported to be literally a mass of copper that it would take ages to remove ! We understand that the spot has been visited by the Lieutenant-Governor, who has expressed a hope that some public company may become the fortunate lessees. — Australian % May 21.