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SOUTH AUSTRALIA.

We have Adelaide journals to the 6th Inst^* from which we make the following extracts:—. '

We hasten with tho utmost pleasure to inIW our readers that the whole of the necessary f ß^ for carrying on the gold quartz crushing jj Echungahave been raised, and that operations^, large scale will immediately commence. We fo T4 for several days past, urgtently recommended tfc prosecution of this enterprise j but our most g}J guine expectations have been exceeded in respect of the spontaneous zeal of the public. It will be re. merabered that the Sold1 Quartz-crushing Compaq at first proposed to. raise £30,000 in shares, o f which half were to be reserved for the lessees of the auriferous reef, and the other half to be ofiired to the public. This however, did not meet with public favour, although much might be said in fo. half of the proposition, were that our present dut? But another view of the,matter has supervene^ The lessees, of the gold reef propose- a new com. pany, with sixty-four shares of £100 each, of which the lessees-retain thirty-two, and offer to' the public the remaining thirty-two at par. The whole of this number was sold during yesterday and the day before, and the list of shareholder (which we have seen), comprises the names of some of the most influential, wealthy, and distinguished citizens. Hitherto, the want of money was the only difficulty, now that difficulty has disappeared. The auriferous land will be immediately fenced in] and the machinery,, nearly all of wfoieh can be got in Adelaide, will be put up with the least possible delay. We anticipate great good from this move. ment. Echunga will yet rank with the renranera. tive gold-fields of Australia; and our drooping trade revive and brighten at the touch of the vat versal enchanter.-— Advertiser, .

Reported Discovert oj Coae.—We wider stand that a claim for the discoveryiof acoal-fieli was lodged at the office of the Commissioned Crown Lands yesterday. The locality is said tob about 200 miles north of Adelaide, and the quality of the sample equal to that of Newcastle, Ne? South Wales. — Register. The Cape Nobthttmberland Light.—On th Ist of January, 1859, the-Cape Northnmberlam lighthouse will be illumined. This will be |mos important addition to the. facilities already esistui] for the navigation of X)ur coast. / The Federa Commission, some time since assembled in Md bourne, to take into consideration the question o lighthouses on the Australian coast generally, pai South Australia'-a high compliment as respects it coast lights, and the now nearly completed worl at Cape Northumberland will render as still mor deserving of the eulogy bestowed. We shall, o an early opportunity, give full particulars of thi most useful light: at present we may say thai th lantern is coloured. The white lighVis, jof coarse the most^ intense, and may be plainly discerned i seaTfom a~Qistance of eighteen miles.— Advertim

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/LT18590112.2.15

Bibliographic details
Ngā taipitopito pukapuka

Lyttelton Times, Volume XI, Issue 645, 12 January 1859, Page 4

Word count
Tapeke kupu
484

SOUTH AUSTRALIA. Lyttelton Times, Volume XI, Issue 645, 12 January 1859, Page 4

SOUTH AUSTRALIA. Lyttelton Times, Volume XI, Issue 645, 12 January 1859, Page 4

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