INTERCOLONIAL NEWS.

Southland Times, Issue 921, 23 March 1868, Page 13

INTERCOLONIAL NEWS.

By the arrival of the Omeo we are placed in possession of late Australian news. The foUowing telegraphic despatches are taken from the " Age " and " Argus :"—

Sydney, March 9. 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 Treasurer announced 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 determination to refuse any supply until the expenditure is reduced or equalised to the income. The Bulli Ooal Company have purchased the steamer Barwon. . Sydney,. March 10. The German torchlight procession was a great success. An immense number df spectators lined the streets, and there were over 50,000 people in the Domain. Mrs Boberts has given £1000 each to the Hospital and Eandwick Asylum. . The Assembly did. little business last night; The debate on supply wis . 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 sales of sugar show a considerable advance in price. Breadstuff's, are dull. , Large sales of Allsopp!s T ale have been made at from £_ 15s to £5 55.. Bumi, ss -'to *5s 3d; Martell's brandy Bs6dtoßs9d. ADELAIDE, March 9th. The weather continues very hot, but 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 9s. . Elour is in brisk demand, at £20 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.;. :■.-..■:'.