The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-22
other and have thus far shown nothing for the rge
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other and have, thus far. shown nothing for the large
capitals raised by the sale of shares
Our latest dates from New South Wales give the most
encouraging accounts Of the production of gold Our
adccs are to the I'D Of December and the statements
published are calculated to iname the public mind in
Great Britain, and give great impetus the movements
Of SPECTATORS Both in New South Wales Victoria
the general success OF the miners to have
interrupted but 1t is in the latter colony that the most
striking results have been realized In the week ending
the 18th Of December the amount Of gold brought to
Melbourne under escort $50 ounces and coupled
with what was also brought by private hands the total
supposed to have equivalent to little short
OF 100000 New deposits of great richness had been dis
covered and IL found almost impossible to anv
at an ordinary occupation Instances of dsappoint
ment it is alleged, were hardly known The daily influx
Of coners however promised to put the permanent
nature OF the yield to streng test From Sydney the
dates to the 10Th December being six days later than
the previous advices There continued activity at
all the old points of operation at the same time the
experience Of each day seemed to show concuvey
the large extent of the localities yet to be occupied
Among some regulations issued by the government
clause specifying the terms upon which as regards
license fees steam might be employed in working claim
An engine Of horse power was to rank as equal to the
labor OF seven The most remarkable piece Of gold
discovered has been nugget" Of rs lbs o. which had
been purchased for Ell 1855 The brought by the
Alert is f12S0 0O and large would follow by each
succeeding opportunity. Labor however was becoming
very dear the average yield the mines fS per
per week and persons could obtain e. per and
atoms. by taking hire there.
The accounts vary materially the quantity of gold
mined and shipped from New South Wales up the
dates. The annexed statement of gold mined appears
to have been made up with great and caution and
s 20 i ia ad
actual receipts and estimates The calculations made
upon the value of three pounds per ounce -
In the banks in Melbourne and Geelong, the
18Th November, AZ 900 ounces. ......... f12G 900
In private hands in Melbourne and Geelong. at
the same date 5000 ounces $4,000
Amount by escort. 18th Nov. 10l3S 3O414
Do, 10Th November. l2106 ........ 36,31S
Do, I'd December 1869 ounces. ........... 50007
DO. 10Th December, 26,656 ounces. T9.96S
Dos l1th December ,a42 ounces. 5S,416
Amount estimated to have been brought in by
private conveyance, 2S353 onnccs .......... 5000
Amount estimated in the hands of dggers on the
gold held, $4,000 ounces. ACKNOWLEDGEMENTS. 100000
Total 243. 414 ounces-oO 2s2 1912 Ibs.-2o2 cwt.
81 lbs 10 oz-1O tons cwt. 50 lbs 10 f730,242
These results have all been realized in less than three
months. On the Goth Of September 1851 the announce
ment of the first large yield in Victoria made 1t ia
estimated that there wcre at the latest dates full twenty
thousand people in all the dggngs. The indications of
gold extend Of miles and the extent Of the
mines is AT present therefore unknown 1t is entirely
speculative as to what quantity of gold will be shipped
from New South Wales during the ensuing twelve months;
but is considered that two millions sterling will not be
over the mark
The most important announcement by the latest ar
rival from New South Wales is the fact that gold had
been discovered in New Zealand in the settlement Of
Oago. The authority upon which this important piece
Of is founded is the Commissioner of Crown Lands
at Dunedin, who has received specimens found in
raj localities, and aordng ndubitabe proof of the exis
tence Of the precious meta in the southern island Most
ofthe specimens taken from the estate of gentle
man at Goodwood and quantity Of gold dust had been
received from the quarter gentleman connected
with the Oago Agricultural Assertion had duly tested
the quartz specimens and reported that they the
tests which consisted of nitro muriatic acid and quick
silver.