Weekly national intelligencer. [volume] (Washington [D.C.]) 1841-1869, 1852-06-19


Although 242 tons is increase of less than twelve
times the quantity produced at the beginning Of the
tury quantity which is fraught with the mighest con-
sequences society yet respects bulk it sinks into
perfect insignfcance for if it were melted bars
closet nine feet high eight feet long, and eight feet broad
would hold it all 1t would require 81 7l3 times as much
space to hold all the iron that is now annually smeed in
Great Britain.
We will add, in conclusion to our q Golden Lcgead'-
for, upon reading what have written, looks
more like legend than fact although have taken
all figures from good authorities paragraph
which sorry to find in the Mining Journal Of May
29th
"The announcement Of the difficulty experienced in
obtaining the location condtonally purchased by the
Noureau Monde Company, and the consequent abandon
Of that locality by their superintendent together
with the doubts Col FRENoNTs title and the silence
observed with regard the disputed lease in question,
between that gentleman and Mr.. T. ID. SARGENT COM
bined with the doubtful position of the Aqua Fra Com
pany has in great tended TO parayze specu-
lation in that quarter"
The Directors Of the Carson's Creek Mining Company
offer for sale the specimen of gold quartz raised at Car
sons creek and exhibited the Crystal Palace 1851
1t weighs nearly l04 pounds and is supposed to be the
richest piece of gold existing in the world it certain
y is the finest brought into England It is offered
as q valuable and interesting geological specimen, and
win probably be purchased by some museum. Four
pieces Of from the mines weighing together 203
o. dwts. l8 gr have been smeted and produced III
o. IL dwts r of god for which the company receiv
ed E445 los. sd. If the large lump prove equally rch
it is worth about e2,75o
The emigration impulse is increasing in INTENSITY every
day. and affects classes Of persons who perfect
ly uninHuenced by it month ago The emigration office
IN Park street. Westminster is literally besieged by app-
cants anxious procure passage to Australia Except
in times Of great political excitement the neighborhood
has never been crowded The emigration companies
about dispatchng four ships two TO Melbourne
to Geelong and TO Adelaide Thirty vessels, with
aggregate Of 600 TOMS laid in London for pas
sages and goods to different ports in Australia and there
are fifteen vessels Of 1880 now loading at Liver
pool Every ship which sails is filed with emigrants
The first steamer Of the Australian Mail Company left
London on the instant with 82 passengers
of whom we're first class She also takes out ESQ O0I
in soveregns to buy gold WITH in dust or bars Surely
the Government win establish q mint in Australia before
long, to save all this risk Of shipment and reshipment
The vessel now gone out is steamer of 400 tons
The transition from gold to banks is very easy and
tural one The returns Of the Bank Of England show
that the bullion held in that institution has
to eco 1884, being addition Of e323 1873 during thu
week; the circulation has diminished E365 1878, and ii
now Ell 2ee 445 The unemployed fund Ella 1882 2s9
Consos have again not only reached par but they hav
Mt times nearly touched l01. There is nm undoubtec
plethora Of money and the bank has been loanng
for twelve month railway companies, at p per cent
The Morning Herald the organ Of the Derby adminstra
ton, says:
With consols actually bought at 1901 for the jun
account and at less for money in the absence Of oil
speculation and purely owing to the public demand fo
n
fortune Of the present Chancellor of the Exchequer
realize the dreams Of Of his predecessors in re
duction Of the three per cents into twoand aha pc
cent stock 1t would, doubtless be mighty affair Il
deal with considering that hundreds Of millions Of deb
are concerned in the issue but when banks and capital
sts are actually IN state Of particular distress qua,
paupersm, and that money is hawking about the marke
Mt two per cent per annum with very few people Of an
responsibility who viii pay much for it, there ceases
II be any absolute impossiblity in the CASE
The Austrian loan has been introduced on the stoc
Exchange, but finds little favor there few triain
transactions we're entered into from TO three
y eghhs premium, being nominal quotation and in fac
no premium at all There is great repugnance to touc
this loan, and wonder that John Bull ia oautous
what the Times states be correct that one hundred and I'm
millions sterling actually under the mark as represent
ing the amount Of British capital and interest absorbe
= without return in foreign speculatons Half this sum
said TO be due from SPAIN alone and she onv vields
verbal acknowledgment Of her Indebtedness on
Of receiving periodical forfeiture Of claims Ponruo.