The transfer was duly made, and Mr. Hall, the manager of the Queensland National Bank, Rockhampton, advanced the money required to carry on the mining works, in consideration of a share or interest, and at the present time both he and Mr. Morgan, together with several others interested, are millionaires. The mine is practically inexhaustible and the output returns are enormous. The further down they go, the richer the ore proves. The mine is now worked by a large and powerful company, the value of each L1 share being about L10. Whether Mr. Morgan and his partners made the poor selector a handsome present I cannot say, but I believe they did, if not they ought to have done so. Of course such a rich prize provoked litigation, but Morgan's claim was too strong to be overthrown. The total value of the mine may be stated at L10,000,000. It is without doubt the most extraordinary mine in all Australasia. The country for miles round Cooktown is stanniferous. From the Annan River, four miles beyond Cooktown, as far as Herberton, the strata are continuous, with breaks here and there. The principal tin claims are at Mount Romeo and the Tableland, some 40 miles distant, and also in the Bloomfield. About three years ago I visited several of the claims at Mount Romeo, many of which were doing very well, turning out several tons a week. The tin assayed from 70 to 75 per cent. of pure ore, and at that time was worth about 18_s._ a unit. The standard is 70 per cent., and for every unit above 70 per cent. the value is threehalfpence per unit more, that is to say, the price of the standard being 18_s._ per unit, if it assays 71 per cent. it is worth 18_s._ 1-1/2_d._ per unit, and so on. Some time after, owing to a syndicate in Paris having monopolized the supply and obtained control of the market, tin rose to an abnormal value. Whilst this fictitious value held, the tin miners made a little fortune, but suddenly the syndicate burst, tin dropped 50 per cent., and many were ruined. By degrees, however, it regained its normal value or thereabouts, and at the present time, with slight fluctuations, it stands at about L90 per ton of pure ore. The supply, too, of late (within the Cook district at least) has fallen considerably, though to make up for this several new lodes have been discovered and, if systematically worked, will no doubt turn out satisfactory to the promoters. Herberton is the principal tin-mining centre in Queensland, as it has many permanent lodes, whereas in the Cook district the claims are for the most part alluvial. A rich tin claim is quite as valuable as a rich gold claim. The "stream tin" is found in the beds or banks of streams or creeks, at a depth varying from a few inches to several feet. Box drains are placed in the creek, and the dirt is placed in them. A good sluice of water is constantly brought to bear on it, and a fork or spade is continually at work stamping it, to get rid of the loose stones and dirt. The heavy