The number of sheep in New South Wales alone was calculated in the last census at 536,891 head.

The ordinary profits on this kind of stock may be extracted from the Table given in the Appendix to the first volume of this work.
WHALE FISHERY.
Among the various speculations undertaken by the merchants of Sydney, there is not one into which they have entered with so much spirit as in the South Sea Fishery.

The local situation of Port Jackson gives them an advantage over the English and the American merchants, since the distance of both these from the field of their gains, must necessarily impede them greatly; whereas the ships that leave Sydney on a whaling excursion, arrive without loss of time upon their ground, and return either for fresh supplies or to repair damages with equal facility.

The spirit with which the colonial youth have engaged in this adventurous and hardy service, is highly to their credit.

The profits arising from it may not be (indeed I have every reason to think are not) so great as might be supposed, or such as might reasonably be expected; but the extensive scale on which it is conducted, speaks equally for the energy and perseverance of the parties concerned, in the prosecution of their commercial enterprises.