The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-10-02

Isthmus Steamers, ut tie present moment, would,
in all likelihood, pay remarkably well.
While we learn that the number embarking 10
England for Australia have for some time averages
about 600 persons per week, we find in this conn-
try the movement has been on more limited
scale. The emigration from America is, however,
on the increase and Is destined ID become very
large should the accounts from Australia continue
favorable.
The progress Of emigration from the United States
SO far, nay be seen from the following table,
VESSELS AND EMlGnANrs AUSTRALIA.
When C.e,sd Passengers.
''' July 3 Revenue oro~ell lis
= 26- Magnolia. Tucker, ..22J
Aug. Ozark Madison, Ross, JOB
- lO-ship Epimanondes, Condoy, ..135
" l0-Brig Jpo scott (ir lamesburys liz
3" Ozark Keper Billiard Boston.
90 Brighton, Robinson.'' ........ -
" 2S-Sbie Vim Froths agham. Babbidge
,sb Nov c. s9f Tas;e some: New cii ls
" ls-s.ssmer West Wind. smith . ..125
1S-Ship Copeordi Batch South Boston. ~
" 2i-Bsfk Dolphin rIundy New York. 200
- 2o--ship Lady Arbena, New York.. SO
No Of vessels. .14-No of passengers ,6s7
We thus see that only about fourteen vessels
have sailed from the United States for Aus
traa with only 667 passengers, exclusive of those
by two Boston vessels, up to 2lst September. At
that period, some three or four others, in New York
and Boston, we're advertised for the came desSinn
ton. Many Of the passengers who have gone out in
american vessels were from Canada.
The London Times of August 9th, states that the
cealances for the gold colonies Of Australia the
cedipg week, exhibited increase, and consisted
Of seven ships to Port Phillip, Of .0G3 aggregate
tonnage, besides an East Indiaman, of l,20l tons,
and four ships for Sydney, of 2,0tS aggregate ton
mage.
From thirty to forty first class ships, of 500 to
OOO tons burthen, are entered to sail the present
month, from British ports, chiefly from London and
Liverpool So great is tie emigration enterprise
that a considerable number of clerks who had ex
cellent situations in the Bank of England the South
Sea House, East India House, the Post Office, cns-
toms ard excise banking house merchants counting
houses, solicitors offices, &c, have resigned, and
arc off for the diggings.
We find, from official statements received in Eng
land from Australia, to the first of May last, that
there had been exported from Sidney alone, 355,
ounces of gold, which, at $l7 per ounce Git brings
"a per ounce in London, equal to $l9) amount to
$2490 49, and since then, it is supposed the export
hes doubled-showipg aggregate, probably, of
about 100000.
The Melbourne, (Victoria or Port Phillp) dig
gings had only been opened and worked from Octo-
ber 1851, to LIST May, 1852 little oversix months
and bad in that time given the extraordinary yield
Of SOC, 600 ounces, valued at E3 600 900, about
$l5000,0O0, or about 81, 10000 of which reached
the mint, or port Of Adelaide, New South Wales.
The aggregate production from the first discovery,
in all the ports of the island to the LIST Of Ssptem
Der, (at the ratio Of yield,) did not probably
fall short Of twenty five or thirty millions Of
dollars, which greatly exceeds the production of
California within the same lapse of time subse-
quent to gold discoveries in that country.
The gold of California contains from five to seven
per cent Of alloy chiefly silver; while specimen of
Australian gold assayed at the United States mint,
only yielded from third to three fourths of one
per cent of alloy. eve speak from recollection }
Hence the difference in value. The London Chro-
nee of August 10TH estimates the rate of yield from
Victoria alone, Mt about from twenty Eve to thirty
five millions of dollars, and states that taking the
extent Of country pronounced aurferous by geo.
logsts, only very small portions Of it have been
wci ked.
Under these circumstances, when we take into con-
sderation the supplies likely to be derived from me
two great gold fields Of the world California and
Australie-it becomes an important inquiry to as.
certain, if practicable, the future yield and con-
sumption Of the precious metals.
From most reliable data, it is sbovn that the sup.
plies from Mexico and South America have not in .
creased within the last eve years.
The amount of silver received into England in
1851 was about G5 100000, and Of gold. ell ,0OO,-
COO or Ei2 000,000 Flapce received about 300
600 GOO francs for tho same year. DR.. Lyon Play
fair supposes that the present stock Of precious
metals in England will he probably augmented this
year Os52) about els 00O, G00-Gll 100000 of
which, he supposes, may be derived directly and
indirectly from California. This is probably over
tn rlark.
The value Of the pound troy Of gold, at different
periods, may be seen from the following table,