This estimate extends no further than Swan Hill, about 280,000 1,300 miles from the sea. To give a correct idea of the probable amount of wool to be derived from Swan Hill and north of the Murray, onwards, is not easy, but including the runs to Albury and Gundegai, and from thence again to near the junction of the Lachlan, it may be estimated at Again, on the north bank of the Murrumbidgee there may be 90,000 set down twenty stations, depasturing each 4,500 sheep, or In Victoria, and on the south side of the Murray, from 220,000 Swan Hill to Albury, not embracing the stations at the Campaspe, Goulburn, or Ovens, excepting those at their respective junctions Total 590,000[31] In this calculation, out of 124 stations, seventy only have been put down as cattle stations, or unlikely to send their wool to Adelaide. A third estimate of produce likely to go to the Adelaide market, and taking Swan Hill as a depôt, would bring in a very large quantity of wool, _via_ Lake Lalbert to Swan Hill. The stations producing this wool are situated on the Rivers Loddon, Avoca, Avon, Richardson, and the Wimmeira country, towards Lake Hindmarsh; and a good road, with a little trouble, might be made available to Lake Lalbert, which is distant only twenty-five miles from Swan Hill. From the above enumeration, it is evident that the opening of the Murray navigation by steam cannot be otherwise than most advantageous to the interests of the settlers. In previous years they were necessitated to forward their wool by dray to Melbourne, at a cost of £40 or £45 per ton. In many cases these drays, instead of bringing back the annual supplies of provisions, &c., have been detained, broken down, or delayed by the loss of bullocks, or other difficulties. The settlers are now to pay £20 or at most £25 per ton for the same purposes, and even this freight will gradually come down. In a word, as has been before observed, “the steamer has quite set the squatters on their legs again,” many of them having actually resolved, in consequence of the difficulties attending labour and transport, to abandon their runs. It may, at the same time, be mentioned that, in all probability, the steamer’s profit returns will be highly remunerative, which, indeed, would be requisite, as the daily expenses during our stay have been estimated at £30. SUPPLEMENT.