4d, buyers 2d; Yilgarn, 2s. —Tin. —Bunbury (pro) 6s; Floyd (pro) 1s;
Greenbushes (pro) 1s; ditto (con) 4d; Spring Gully (pro) 1s 6d; ditto
(con) 6d, buyers 2d. —Banks—W.A., buyers £25.

VALUE OF GOLD BROUGHT IN FROM SOUTHERN CROSS.

The quantity of gold now being brought in from Southern Cross should soon
reach sensible proportions.  During the week preceding yesterday nearly
300 ozs. reached Perth.  The gold came from Fraser's, the Central, and
Exchange companies, and the value may be set down at over a thousand
pounds sterling.

THE EXCHANGE G.M. CO.

By last mail from Southern Cross the manager of the Exchange Company's
claim, Mr Wallace, reports as follows: — I finished crushing the Exchange
stone on the 8th inst., and cleaned up after running 39 tons of stone for
a cake of gold about 30 oz.,which I have forwarded to you.  I am also
forwarding three samples of tailings: No. 1, from under shoot; No. 2,
average tailings; No. 3, blanket sand.  I started on Fraser's South at
midnight on the 9th inst., and expect to finish the 100 tons this week,
working night and day.

Another report says that the crushing at Fraser's South seems to be
turning out very well.  Owing to the probable scarcity of water in the
summer time, a salt watershaft has been sunk adjoining the machine site,
in order to supply the mill, reserving the freshwater for the boiler.  In
this shaft there is an ample supply of water at the present moment, though
the sides will probably require to be timbered.  In the main shaft the men
are engaged in sinking down upon the large reef which was struck sometime
back below water level.  A statement has also been received from the
manager of the Commercial Bank in reference to the cake of gold recently
sent to Melbourne by the company.  The report is in the highest degree
satisfactory.  The cake weighed 40 1/2 oz. when despatched from Perth, in
the state in which it was received from Southern Cross, and the gold in it
was found to be of so pure a quality as to bring, in its then condition,
the high price of £3 15s. 6p. per oz., the whole cake realising £153 15s.
6d.

THE PHOENIX G.M. CO.

THEIR CLAIM JUMPED.

News has been received from Southern Cross that the area belonging to the
Phoenix Company, has been jumped by Mr A. M. Wallace.  The case was heard
before the Warden, Mr Finnerty, on Monday week, and the Warden declared
the claim forfeited, the labour conditions not having been complied with.
The Governor has, however, yet to sanction the forfeiture before the
company lose their claim.  It is understood that Mr Wallace was acting on
behalf of other parties.  The Phoenix area was the first area taken up on
the Southern Cross field, and all will regret that this spirited company,
which were the pioneers of the field have been compelled to let their mine
pass out of their hands.