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[Page 2]
it was thought the loss must cause a rise in the price of Cattle but such has been the increase for last three or four years that they continue to sink in price and good Cows are now frequently sold from ten to twelve pounds sterling per head, indeed we have a plentiful supply of meat at seven pence per pound by the Carcase. Sheep reap a better price from the expectations of the value of our Wool. The Breeders in the Colony are at great pains to improve it. The Revd Mr. Marsden has been very successful, he has raised a great number of Rams from his Spanish Ewes they are of great value to him and to the Colony some of his Rams are valued at one hundred pounds and upwards per head indeed great praise is due to this Gentleman as a breeder and agriculturist - Wool is like to be an object of the first importance to the Colony a quantity is now shiping for England in the seringapatam Whaler
Great improvements continue to be made by the exertions of his Excellency governor Macquarie in Roads and buildings, a very fine tract of Country has been lately discovered in a Western direction from the Settlements at the Nepean a distance of one hundred miles into the Country has been explored of rich pasture land well watered by a fine River of fresh water meandering through it abounding with fish -