LATEST AUSTRALIAN NEWS.

Waikato Times, Volume III, Issue 124, 20 February 1873, Page 2

LATEST AUSTRALIAN NEWS.

Melbourne, Feb. 13. The submarine cable between Singapore and Penang has been interrupted since Monday. Only £60,0U00f the Government 4 per cent, loan has beeu taken up. The Conference in Sjdncj baa completed it labours. It considered the subjects of postal and bub-manno telegraph, light-houses, customs union on the basis of a common tariff, and patent laws. The. result is 4 present kept becret. The Newcastle striko has terminated in all the collieries. Very heav\ shipments of wheat are being made from Adelaide to England. The lails i-i Molbourne ha.\e made new arrangements regarding rato of interest and discount. The minimum rate l-t to bo lire per cent. A c^ulorablo decrease is show n in the electoral strength of the cjploijy. Tho will of tho lfits Walter Montgomery, has been proved, lie left his watch-guard to tho Duke of Edinburgh The new w lieat crop is coming forward m Tasmania. Tlie yield and quality arc good. The ship Forfornhire, from London }o Wellington with immigrants, was signalled on January 6, in lat. 2b* S , lons 33 W. ' b Tie w reck of the Polonaise has broken up. Alluvial gold has beon found in the tj^rtbern Territory One miner brought 22 or. into Pahncrston. i)hc Balv river, far North, has been explored for a hundred miles. "AVlierc it was found 2QO yarda wicfc it^ is navigable for small vessels. The price of coal at Newcastle is 12s. per ton. Very little wheat is offering — prices 5s to 5s 6d. There are no quotations for Jfow Zealand, tLe^p being i+qiiq in the market.

Sjdney, February 13. The Loan Estimates provides £1,100,000 to extend railways to Wagga Wagga. ' In the Legislative Assembly the Mining Bill was read -a second time last night. ' * The schooner Prij^qs^ of Wales, from Xcweastlo to Geelonß put m with 'tho loss of- licr foremast The Wollongon^ miners Imvo slopped work in consequence of a depute going on about wages. An amicable settlement is likely to be elTcctcd.

Adelaide, Fojjr^ary 13. On Thursday the question of reforming the Upper House was agitated U/ mo\ ing for a WucLiqh of the tenure of office. At the Fork Darn in Station the telegraphists cannot tell where the leak in the cable is. The Adelaide ofKqq is pressing for information., They expect to tupw the exact spot during the day.* The wheat market is steady, plenty of inquiry bein" made at 4s sid to 4s 6d. "