The Sun.
London, England, 1853-03-16 00:00:00

WARWICK RACES.

(THIS DAY.)

(BY ELECTRIC; TELEGRAPH.)

THE DEBDALE STAKES.

Tipperary Boy
The Miner

Four others started

HANDICAP T.Y.C.

Catherine

Heroine

Six others ran.

THE AUSTRALIAN. NEWS.

(From the Times.)

The Australian advices by the overland mail
were regarded in the city with great interest. They
extend to the 28th of December from Sydney, and
to the 3d of January from Port Philip, and com-
pletely dissipate the surmises raised by the vague
accounts lately received with regard to the proba-
ble exhaustion of the Victoria mines. The state-
ments of a sudden falling off in the yield, and a
consequent panic, appears to have originated at
Sydney, where every rumour likely to check the
departure of the population to Victoria is eagerly
seized and magnified. It appears, however, that
the diminution of the rate of production during
December is explained by the fact of the more
experienced miners having been attracted to the
Ovens diggings, near the New South Wales fron-
tier, so that the great majority of those that re-
mained were new-comers. The approach of Christ-
mas had likewise caused an abandonment of labour.
Even under these circumstances, the total amounts
brought to Melbourne were very large, and
merely appear otherwise from being contrasted
with those brought during November, which
reached 349,185 ounces, and were in excess of the
total of any former month. From the let of De-
cember to the 25th, the quantity, including some
amounts from the Ovens, was 185,526 ounces,
worth 750,0001., and it was known that very heavy
parcels were still waiting at the Ovens to be for-
warded, a considerable portion of which would be
carried to Sydney, the situation of these deposits
causing them 'to be equally resorted to by the
people of both colonies. The population of Mel-
bourne during the past three months had received
an addition of 32,306 persons, and the extent of
exploration which had been carried on in conse-
quence had strengthened the impression as to the
space through which the gold deposits are spread.
So far from a heavy decline having occurred in the
prices of imported articles, business up to the latest
dates was extremely active, notwithstanding the
arrivals that had taken place ; and there was a
continued demand for all descriptions of drinks
and luxuries, which were realising large returns.
The Sydney had sailed from Melbourne on the 9th
of December with 77,835 ounces of gold and 123
passengers, and was to call at Adelaide, where she
would be likely to receive an addition. The
Great Britain was to leave on the evening of
the 3d of January. Subjoined is an exact state-
ment of the quantities of gold brought to Mel-
bourne during the preceding ten months, and also
the principal part of December

February
March

Ounces.
56,408
51,865

April
May
June

64,472
99,006
149,372

July
August
September
October
November

296,941
268,576
211,814
348,511

. 349,185

December (from the Ist to the 25th) ... 185,526

2,081,676
The above is equal to 8,300,0001. sterling, and
does not include either the amounts retained in the
possession of individuals or the large slims carried
by the overland escort to South Australia.
From Sydney it appears that all the gold fields
in New South Wales are yielding favourably, and
that the production is increasing. The weekly total
brought by escort is, however, comparatively small,
averaging only about 4,000 ounces. The distance
of the mines and the abundance of employment in
other branches of labour prevent their active de-
velopment. Out of a population of 200,000 it is
believed that not more than 10,000 are at the dig-
gings. Although the yield at the Hanging Rock con-
tinued abundant, most of the people had left that
spot, owing to the temporary demand for shearers
and reapers, the latter of whom obtained from 30s. to
355. per acre, with rations. There were, therefore,
abundant opportunities for any number of immi-
grants. At the Louisa Creek, in the neighbour-
hood of the Great Nugget Vein, nearly all the
miners were doing well, and many had returned
who had been tempted away to the Ovens. The
Colonial Gold Company of London, under the su-
perintendence of Mr. Spence, had made an arrange-
ment with the Great Nugget Company to work
their claims on a royalty of 20 per cent. on the
gross yield of gold, when the amount per ton of
crushed quartz shall not exceed 2 ounces, 30 per
cent. when over 2 ounces and under four, and 50
per cent when over 4 ounces ; Mr. Spence having
been previously allowed every opportunity of test-
ing the company's claims. With regard to the
Peel River deposits, it appears that the Rev. Mr.
Clarke, the geologist, was at Tamworth, one of the
settlements of the Australian Agricultural Com-
pany, and that he was engaged in a general exa-
mination of the northern districts. Thus far he
had stated, that although he was not yet sufficiently
acquainted with the gold field of the Peel to report
fully upon it, he was satisfied the quartz veins are nu-
merous, though of no great magnitude. " They are
not all auriferous," he says, " but those which are
not, appear to alternate with such as are." Therock
rises between Cann's Plains and the Peel, " and it is on
the south side that the gold is sprinkled most abun-
dantly. It seems as if it were electrotyped in little
hollows upon the surface." Mr. Clarke adds,
" The more I see of the great backbone of this con-
tinent the more I am impressed with the high pro-
bability of the extension of the goldfields far be-
yond the present limits of search." Among the
colonists generally a favourable impression with re-
gard to the value of the various quartz claims seems
to have increased. In the Colonial Assembly at
Sydney a bill for the management of the goldfields
had just been passed. It is to come into operation
on the Ist of February, and, according to its clauses,
the Government may grant leases by tender or auc-
tion h seuyb jme catys
for any periods not
for quartz or otehxecreemdininign
g2ltoyeaßrirst
also suspend any pastoral leases that
upon giving may be found
to extend over goldfields
d
compen-
sation to the owners. The license fee is fixed
au is to be paid by traders
at 30s. per month,
bl No license
of foreigners the charge is to be don e.
and other parties as well as miners. In the case
is to be given to those who shall not be able to
certify that they h discharged fromave been duly _
their last place of service, and persons working
without one are to be fined 51., and to be liable in 1
default to two months' imprisonment with hard
labour on the roads. The bill contains several
25
other ' provisions equally stringent, and it is said 10
to be regarded by the most intelligent classes with 1.0.61
a strong feeling of aversion b
the narrow policy of
being the clause against foreigners •ng especially con-
demned. The prospects of the construction of the
railway from Sydney to Paramatta had greatly im-
proved, the Government having consented to allow
500 railroad labourers to be brought out at the
expense of the emigration fund, and also to sub-
scribept a s
tlsswo,ooulood/ .
subscribeto th e undertaking,lo
cup inf
ap
guarantee of 5 per cent. The
line is 220,0001. This bill incorporating
estimated cost of the
Nugget Vein Company had been readritnihvla.enatlG.ethrueciraalnd:
time and passed. The Bank of New South Wales
had advertised a meeting for the 20th of January,
to consider the propriety of increasing their capital
by an issue of new shares, and also of establishing
a branch in London. The Sarah Sands had arrived
at Sydney on the 24th of December, after a pas_ 21
sage of 93 days from Cork, and the Cleopatra had
also reached Melbourne. The Ticonderago, from
Liverpool to Melbourne, is alleged to have 170
deaths on board. Among the vessels which had
lately sailed from Sydney for London, where the
Black Friar, with 35,243 ounces of gold, and the
New Orleans, with 25,562 ounces.
From Adelaide, South Australia, the accounts
state that a large number of persons were profit-
ably engaged at the Echunga diggings. The price
of the shares of the Burra Burra mine was about
1601.
Gold, it is also stated, has at length positively
been discovered in New Zealand. The locality is
about thirty miles from Auckland, in the Gulf of
Houraki, where ten men obtained in one day about
401. The Goveenment has issued proclamations
with regard to it.
The Chusan, by which the present Australian
news was brought to Singapore, belongs to the
Peninsular and Oriental Company, and is a sister
ship to the Formosa. She has been employed in
one or two experimental trips between Singapore
and the Australian ports, preparatory to the com-
mencement of the regular mail service in Aril.
Although it is nearly two months since the previoUs
news by this route was received, the details then
furnisked were up to this morning the latest that
had come to hand.