Northern Times.
Liverpool, Merseyside, England, 1857-11-20 00:00:00

MELBOURNE GOLD CIRCULAR.

Gold continues at the same rates as our former quota-
tions,
viz., 76s 3d to, 793, %v.-Ith a fair , demand and good.
supply for the Eaten and Suffolk. The reports &Om 'the
various gold-fields are of an improving character. At
Bendigo a rush has. talon place between the head of
Kangaroo Gully and the Big Hill, Where some parties are
getting as much as 12 oz. to the load. Some splendid
nuggets have also been- discovered, weighing from 12 to
.27 oz.' It is-anticipated that there is a rich quartz reef
in the vicinity. The sinking is from six to eight feet deep.
Mount Ararat continues_ to step a-head, And its prospetts
are decidedly increasing. Its return of gold by escort this
week.speaks well, and we must not forget the parcels that
reaelvMelbourne by private hand. The importance of
this gold-field now demands a weekly instead of a fort-
nightly escort, which we have no doubt will be acceded.
At Avoca the rain had been considerable, and had caused
much danger by the overflowing of a creek, which filled
the adjoining holes. The quartz reefs, however, have
benefifted by the rain, and the yield of the machines was
considered satisfactory. At Pleasant Creek A. new rush
had taken place, with a, prospect of its turning out well,
It now appears, from the natarc of the sinking, that this
field cannot be termed a ‘` poor man's field," some capital
being required before success may be expected. The
Whipstick mining matters are moderately reported of.
Several parties of Chinese have been prospecting the
country between Jackass and Black Horse Flat, with some
degree of success. At the Ovens the storekeepers are
attempting to oust the bankers from the gold trade,
imagining, and properly so, that they have no right to
interfere between them and the digger. We consider the
struggle an unequal one, as the Storekeeper has to par-
' chase the dust with hard cash, the banker with paper
manufactured for the purpose.

Number of perions arrived
Number that have left

Addition this week
The escorts have brought trom
Ararat 17,370 oz. oz.
Mount Alexander and Bendigo 13,928
. _

Ballarat ✓ 13,419
Maryborough
M'lvor
Avoca
Fiery Creek 402
M ouut Blackwood 230

Amount this week 49,828 and year... 1,837,23

Gold shipped in 1857

-.1,909,149

Or, 79 tons 1 cwt. 3 qrs. 20 lbs. 11 oz , at 805...Z7,636,604
Exchange on London : Drafts against gold purchased
at 1 per cent. prern. ; Freight, 311 to 76 overland per oz.,
delivered at the Bullion Office,Bank of England, London ;
Insurance, 11 and 1f overland. EDWARD KUULL.

WOOL, TALLOW, AND RIDES.

Wool : Within the past two months transactions have
been to a very limited extent, consisting principally of
scoured and slipe, and a few lots of New Zealand fleeces.
Prices have declined in about the same ratio on fleece as
those indicated by the report of the May sales in London,
whilst scoured and slipe have been more firmly sustained,
It is anticipated that the opening prices of the coming
season will be much the same as last, providing the wash
be as good, which there is every reason to expect.
Tallow: Nothing doing for shipment.
Hides : No sales have been effected the past few weeks,
as the contracts made at high rates are not yet completed,
and when new parcels are offered, a considerable reduction
in price will have to be submitted to.

P. N. WALKER.