The weekly Placer herald., 1852-11-27

from SydneYtO 1OuipuIu was '"iN"' "
and there were a number of advocates Tor
making the project far more extensive al
once, and running the road from Sydney
FRO Melbourne. There is no doubt OF the
feasibility of constructing this road at
rapd rate, and the advantages to be de-
rived therefroln are very great.
Upwards of fifty drays left Adelaide tor
Mount Alexander in the first fortnight IN
July.
There is at present, says the otage
Witness, brisk demand for cattle and
sheen in Otage-a cow and calf OF good
fbreed fetching in some Instances tlo.
| Breedinu ewes were not to be purchased
4 cargo or two would handsomely re-
munerate Speculation, ol3
4 The price paid by the English Com
pany for the purchase OF the store ana
stores Cat Mount Alexander,) OF homas
s. Co.. of Geelong, amounted to 1o, Oo;
| the freight, or rather carriage, from Town,
was charged at EGO ton.
Upwards of E700 has been raised IN
Van Dieman's Land, towards the expense
Of one ofthe private expeditions IN search
of Sir John t'tankln, now tittin9 out III
England.
The subject of leases to squat'ers was
attracting much attention, ana was Ikely
to he the source of much trouble and
Idisaffeclion: the government was prepar-
inp to issue the licenses in accordance
with the Act of Parliament and Order II
Council An address to The Lieutenant
Governor, praying that the leases n'sht
not be issued, was moved IN the Lcgisla-
tive Council and rejected, and prellnlna-
ry meetings were. being held TO decide
upon what course to adopt
Mr.. Westgarth's bill to prevent lrnnl-
grafton from Van Dielnan's Land was
read !, second time by a majority OF thr-
teen TO seven, and would most probably
be passed. 1t was not supposed that
Lieut.. Gov. Latrobc, although approving
of the principle, could give bis sanction
Of the god diggiDgs, the Shipping Ga
zette furnishes the following accounts:-
1--WE have ed information from our
Western mines encouraging alike To those
who are there and to further adventurers
AT Tanlbarouta and Long Creek parties
continue prosecuting their lnbors with
great success. Although we hear OF no
extraordinary yields, it is more satlstac-
tory to find that all, or nearly all, are
obtaining bera! reward. On the Mac-
uuarie, below the JUNCTION, the yield rea-
Lies the most >anyulne expectations en-
tertained of it.''
At our Southern mines things remain
much as they were, with Il slight increase
in the number of miners. y person who
has been working at these nhnc> TOR the
last six months has returned this week,
and states his earnings for that time TO he
f4GO.
Our Northern gold fields are attracting
much attention, and we shall not he sur
prised ere long that they are we'll covered.
CALIFoRNIA STOCKS IN NEW YuRK.--
rln C:,lfnrnia State and Snn Francisco
City Bonds are ia favor on account Of the
high rates Of interest which they bear,
and the increasing confidence in the sta
bilty of things in the new and wealth
yielding Pacific State. The city is soon
to be supplied with good water of which
it is now almost destitute. Since the
great fires of 1S50-'51, it has been I'M
possible to effect fire insurance on goods
and building; and this double exposure to
Individual loss has been ii serious draw
back to trade and real estate. The Wa
ter Works authorized hv tae last legisia-
will soon remove the difficulty, at ii cost
of 800 900, half of which vii! be furnish
led 10y the projectors, the other half on
ten per cent bonds, ten years TO ran, cou-
pom interest aud principal payah in n.
York. This important foan is now ad-
verrlsed, and vii be awarded to the high
est bidders, on tie 4th of Novelnber.-
1t. Gov. Pnrdy, of California, is the
President, AMI one Of the Commissioners
of the loan, and may be consulted at the
office of Thomas 4 Dias, No. 50, Wall
street.-N. Y Times.
The GREAT GoLDCRoP.--What pro-
digious yield of gold california has na'c
to the world since the first bright fakes Of
the precious metal were discovered in
Suffers mill-race! The estimate entire
product Of the mines from that time
down to the 3Oth June last, and nclu-
dug all shipments to all ports ia the
United States Eur0De S,Outh AmericH