mation of a company to construct a tramway from Cobden to Point Elizabeth is a subject •^which naturally interests the inhabitants of Raleigh (Point Elizabeth), and all along the beach the storekeepers and hotel-keepers appear to be anxiously looking forward to the completion of this desideratum. I believe that the subject is now in active considera tion, and that a preliminary meeting is intended to be held at Point Elizabeth, the Four-mile Bluff, on Thursday evening next. If the enterprise proves successful, which

North Bank. — The north side of the Grey, from the coal mine upwards, is begin ning to claim attention, several miners having struck payable gold within the last week or two. I have seen some very good samples obtained from opposite the Twelve-Mile. The gold is of a coarse, rough-edged nature, and shows every indication of there being some good reefs close at hand ; indeed, it has this impression on some old experienced ' hands, who have started on a prospecting tour, and feel confident of success. German Gully.— This is a brancli of Nelson's, and has proved one of the best of that flourishing spot, from the date of its discovery to the present. It has supported about four hundred men, nearly all of whom average their £1 a day. This I call superior to very rich patchy ground, as when men wmmence work they know what to expect, and tlws meet with none of the disappoint ments which surround the miner who is con tent with nothing but a pile.
