INTERCOLONIAL NEWS.

Southland Times, Issue 918, 18 March 1868, Page 3

INTERCOLONIAL NEWS.

u> "■ m '"»"■ By the arrival of the Omeo we are plaoed in possession of late Australian newsi, The following telegraphic dea^ patches are taken from the <* Age " and "Argus;"— Ssdnet. March 0. A Bowen telegram reports that the new diggings there are yielding splendidly^ The manager of the local bank has brought down 1000 ounces af gold, In the Assembly to-day, the Treasurerannounced that the Government declined, to submit a fresh proposition of taxation this session, They will use last^ year's surplus for the current year's services, instead of liquidating a portion of the Deficiency Loan. The debate continues. The Opposition reiterate their determina* tion to refuse any supply until the ex* peuditure is reduced or equalised to the income. Theßulli Ooal Company have purchased the steamer Barwon. Sydney, March 10. The German torchlight procession was a great success. An immense number of spectators lined the streets, and there were over 50,000 people in the Domain. Mrs Eoberts has given £1000 each to the Hospital and Eandwick Asylum. The Assembly did little business last night. The debate on supply was adjourned till to-morrow. The House rose early to day. Nothing was done. The Government states that the "Western Eailway will not be finished for three years. The auction Baleß of sugar show a considerable advance in price. Breadstuff's are dull. Large sales of Allsopp's ale have been made at from £4 15s to £5 ss. Eum, 5s to 5s 3d ; MartelTs brandy, Bs6dtoßs9d. ADELAIDE, March 9th. The weather continues very hot,Jbut there are signs of a change this afternoon. The entry of Veritas was omitted in the list of entries for the Jockey Club Handicap. The newspapers are full of reports of election meetings. The public are getting very impatient at the delay in the settlement of the Northern Territory question. The corn market is very firm. Wheat, Bs. 6d. to 9a. Mour is in brisk demand, at££2o so £23, according to quality. March 10. At the meeting of the municipal council to-day, the mayor complained of the position assigned to the corporation at the late Governor's funeral, claiming precedence of the Legislative bodies and the Civil Service. The weather is cooler. The corn market is very firm. Sales of new wheat have been made at 9s ; flour, £22.

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