The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-07-20

TOTAL. ..........................3 400 O51 10 8
In addition 10 which. we have the amounts lying
in the treasury rot yet applied ior by the dggeFs
their agent; and the amounts in the hands OF the
various banks here ard al Geeleng. We have been
favored with the requisite jnformatio2 il each case
and We now add ;ogethe. The yarious amounts
Amount q gold hprod :he cveniug Of I'd March 455o6l
Amount lying in tue Treasury 1T 10. dl.e. IS
Amount at Union Bank il Melbourne and Gee
Amount at Dank Of Australasia. in Melbourne and 49,
Amount Il aas 81 New soa,n - 10 oS 9sa
Total. 5;a27o
VALUE at sS per ouuce... fl OF $40
Wcnow fave to leave Tie beaten nth Of ascers
tanned facts. and having shown by tue return Of
gold actually shipped or safely lodged in The banks
ard treasury that the amount brought down by pri-
vate hand very much exceeds that transmitted by
escort. must resort. in an ondeavor to form some
estimate of the total amount as yet realized, to
something very little better than conjecture We
beg Of our readers particularly those at distance
10 remark distinctly the line Of dcmarcation which
separates our facts from our estimates arrived at
without that solid foundation.
Any attempt to estimate the quantity of gold held
by private hands in the two great markets is Of
pure guess work. In our last calculations. of the
18th Of November and 10th of December, we stated
il at 5000 ounces; but since then SO common an
article Of merchandise has gold become. and SO
ordinarily do we see it handed about in its little
wash!catber bags, that, considering the numbers of
think that we may safely triple the amount have
named, and consider 1000 ounces now held exclr~
save OF that at the banks and treasury as very mo-
derate estimate,
Again, the amount held by the direcrs and buy
ers along the roads, and at the gold field cannot Be
arrived at by access to any very reliable data On
the goth of December, we calculated the number of
diggers on the roads and on the ground at 20 0OO
and allowed them four ounces Of gold dust each
The diggers now at Mount Alexander cannot be less
than twice that number, 40 900; but as the dry
weather has lately very much diminished their in
dividual success. we will only allow them one half
much per man as in our last estimate, or two
ounces each.
The total yield of the Victoria gold fields will thus
stand as follows Ounces.
Amount actually shipped to the % of March I55 06l
Estimated amount in private hands in the
Estimated amount in the hands of dggers
and others on the road and at the mines. 50, 900
Total. OBSERVATION-DISCLOSURES. .653,570
Or 81, 439 lbs or; 544 cwt. 80 lbs or "a tons
icwt 39lbs 2oz Total value sterling, 9l $50 $40.
And even here we exclude all gold conveyed by
private hands to adjacent colonies, which has not
been passed at the customs, although, If these
amounts were attainable, we have no doubt that
they would prove to be very great in the aggregate
As we have stated before, the first large discovery
Of gold in this colony announced on the 18th of
September; so that the above most astonishing re-
suits have all been achieved within a trihe five
months. When the energies of the diggers are set
free again by the arrival Of the rainy season. we be-
ieve that through the industry Of the vast number
of people now assembled on the ground, an amount
Of gold will be sent into the market, infinitely
greater and more astounding than anything we have
yet seen.