SOUTH .AUSTRALIA.
We have Adelaide journals to the 17th ul r timo, which came to hand by the Emma on Sunday last The subjoined is the latest Market prices of grain, &c. : — " Wheat, 3s. 6d. to 4s. per bushel : fine flour, £11 per ton ; pollard, £6 10s., or Is. 4d. per bushel of 20 lbs. ; bran, Is. per busl.; oats, 4s. 6d. to ss. per bushel ; English barley, 3s. 6d. to 45. ; Cape ditto, 2s. 6d. to 2s. 9d. ; malt, 7s. per bushel. The 2lb. loaf3|d. Ship biscuit — Cabin, £20 per ton, kiln-dried. The common biscuit is now but seldom inquired for. There appears but little inclination to an advance in the wheat trade." The South Australian of the 16th ultimo states that " the banks have just resolved to sell their bills at 3 and 2 per cent., and to purchase at par. This arises, we believe, from an over importation of gold, in consequence of the Government having demanded specie in payment of land. The money market is now righting itself, and this operation has been hastened by the Commissariat having recently made large purchases of bills for the purpose of remitting to Van Diemen's Land, which still requires assistance from our overflowing coffers. The colonists who are drawing against exports will derive the benefit of this new movement. If plenty of shippingshould speedily arrive, the drafts against the 200 tons of copper ore lying at the Port will be done on reasonable terms." It was confidently reported, (says the Register J, and fully believed by" many well informed persons, that a railroad between Adelaide and the Port will shortly be commenced by a London Company, and that the city terminus will be (excavated, of course) in Lightsquare. — Australian
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New Zealand Spectator and Cook's Strait Guardian, Volume III, Issue 174, 31 March 1847, Page 3
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290SOUTH .AUSTRALIA. New Zealand Spectator and Cook's Strait Guardian, Volume III, Issue 174, 31 March 1847, Page 3
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