LATEST TELEGRAPHIC NEWS FROM AUSTRALIA.

Westport Times, Volume 1, Issue 132, 2 January 1868, Page 3

LATEST TELEGRAPHIC NEWS FROM AUSTRALIA.

(PROM THE SYDNEY MAIL, DEC. 21.) MELBOUBNE. Dec. 14. William Cross, who was shot at the Stephen-street riot died last night; an inquest was commenced and adjourned. Dec. 16. The Corporation Pic-nic to the school children was eminently successful; the Prince attended. 12,000 or more children were present and entertained with plentiful amusements. It is resolved by the bakers to raise the price of the 4 lb loaf to 9d. The funeral of the boy Cross, shot at the riot in Stephen-street, was largely attendeded by all sects. At Echuca the American flag was hoisted above the British and torn down. The body of a murdered man was found five miles from Moama; the skull is smashed in, evidently a robbery and murder. The excitement is over in connection with the mail advices; little business doing. Holders refuse to sell cereals until the effect of the mail is known. Candles are advancing; malt is considerably affected. Holders of brandy are very stiff. Victorian flour, £l7 per ton; wheat, 6s 7*d to 7s per bushel. Dec. 17. A banquet was given lasf night to the Prince and members of Parliament by the Governor. The Prince has gone to Castlemaine. His Boyal Highness received addresses at Eootscray, Kyneton, Gisborne, and

Castlemaine. At the latter place there was a procession and levee. The Prince visited the Ajax mine. There will be a ball to-night. The public are dissatisfied "with the bakers for raising the price of the 4-lb loaf to 9d, believing that the state of the flour market does not warrant it. Commander Wilkinson, of the Admiralty Survey, died on Sunday, and was buried yesterday. The Prince attended the funeral.

Breadstuff's are quiet; flour is offering at £l6 to £l7, but no sales; wheat is quoted at 6s 9d; there is little offering; maize is very firm at 3s 6d to 3s Bd. Attempts to raise malt have been unsuccessful; holders are inclined to sell at from 10s to 10s 6d. A line of 10,000 bushels of Californian oats sold at 3s 3d; 800 boxes candles, 11-Jd; a parcel of hoop iron, £l9. Brandy is quoted at 6s 9d to 7s ; no inquiries. Dec. 18.

Complaints are bad as to the cereal crops at Kyneton; in Gipps Land the wheat crop is fair. A Co-operative Gas Company is in course of formation.

Breadstuff's are dull, and few transactions at £l6 to £l7; the town millers quote £l6 for firsts and £l6 for seconds. Californian oats, 3s 3d. A line of sherry was bought at £2B and sold at £32. Brandies are held, but buyers are not anxious.

ADELAIDE. Dec. 14. The Chief Secretary stated yesterday that he hoped hon. members would remove from their minds the idea that South Australia was on the verge of bankruptcy ; it was, he said, a libel on the colony; South Australia was second to none of the Australian colonies in the intelligence and wealth of its inhabitants, and in the ability to pay its way. The new Marriage Bill has been finally passed by the Legislatature. The proprietors of the Register were again brought before the Legislative Council, and finally excused from answering the questions put to them by the Select Committee. Dec. 17.

The Hampshire, from Cardiff, reports having spoken on the 23rd Sept. the Parerua, steamer, under sail, 329 (?) days out, from Glasgow, for New Zealand. She had run out of fuel, and intended going into Pernambuco for coals.

General business is very quiet. The mail news is considered favorable. There are inquiries for Byass's porter. Dec, 18. The mission of Dr Bleasdale is meeting with success. Jones Brothers have purchased the works of the Aerated Bread Company, and intend carrying on the manufacture of that kind of bread.

The Railway Loan Bill passed the second reading in the Council by the casting vote of the President. Mr Strangways carried his motion for a commission to inquire into the disease in the cereal crop. He also proposed that Government supply the farmers ruined by rust with seed wheat.

The corn market is quiet; no transactions, and prices are unaltered.