XXIV 
EXPORT or wool. TO ENGLAND. 
grateful posterity the recollection of the noble- 
man who then presided over the colonies, the 
estate, together with the district in which it is 
situated, was honoured by the name of Camden. 
Since that time the value of New South Wales 
wool has been constantly on the increase, and 
the colony are indebted to Mr. M‘Arthur for the 
possession of an exportable commodity which 
has contributed very materially to its present 
wealth and importance. Such general attention 
is now paid to this interesting branch of rural 
economy, that the importation of wool into Eng- 
land from our Australian colonies, amounted, in 
1832, to 10,633 bales, or 2,500,000lbs. It has 
been sold at as high a price as 10s. per lb. ; but 
the average price of wool of the best flocks vary 
from 1 s. 6d. to 4s. 6d. at the present moment. The 
number of sheep in New South Wales alone was 
calculated in the last census at 530,891 head. 
The ordinary profits on this kind of stock may 
be extracted from the Table given in the Ap- 
pendix to the first volume of this work. 
Among the various speculations undertaken 
by the merchants of Sydney, there is not one 
into which they have entered with so much 
