29 MAY 1847, Page 10

At Mark Lane [yesterday] wheat was again lower than Monday

by 5s. to 6s. per quarter, when business was done; but it was difficult to effect sales at all, as millers purchased very sparingly, and only for immediate consumption. The re- duction may now be quoted at 158. to 18s. per quarter since Monday the 17th, when the price was at the highest point.-2Iforniag Chronicle City Article.

We see it mentioned that on Thursday the price of wheat at Uxbridge markets one of the largest near London, fell 31. a load.

The squadron to be commanded by Rear-Admiral Sir Charles Napier has begun to assemble at Spithead. It is to comprise four ships of 120 guns; one of 110 guns; three of 80 guns and upwards; the Amphion 36-gun frigate, fitted with screw-propeller; the Nautilus 10-gun brig; and nine steamers, with powers ranging from 800 to 200 horse-power; including the Sidon, constructed by Sir Charles Napier.

The Geyser steamer sailed last night for Lisbon, having on board a large quantity of ammunition, shells, and stores, for the squadron in the Tagus.

A proposed plan is now in circulation for the formation of a colony in Van- couver's Island, British Oregon.

In the Dublin Cowl of Queen's Bench, on Thursday, William Grace, late High Sheriff of the county of Kilkenny, was sentenced to seven years' transportation for forging a power of attorney authorizing the transfer of stock belonging to the trustees of a charity.