The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-01-10
California and Australia Mines.

The market has shown great activity to day, and
transactions have taken place in Alfred Consols,
Merllyn, Treviskey, Mary Ann, Trevelyan, and
Penralt.
The market for Californian gold shares was quiet,
with little change in quotations, prices being ge-
neraly fairly supported. West Mariposas were done
at one time at par but left off BIG to ! l6 dis !;
Aqua Fria ruled at sic to 7-l6 prem Nouveau
Monde, to J prem Golden Mountain, ] to 1
prem; Ave Maria, dis. to par; Anglo Californi-
an, to prem.
With the receipt of fuller intelligence from Cali
forAa relative to the want which is felt of adequate
machinery for the crushing Of the quartz more in
terest is now felt in the proposal of some Of the
companies to use the means which will be at their
disposal in the prosecution of this branch of business
alone, should no favorable inducements be held out
for the commencement of actual mining operations.
OF the success which is to be expected attendant
upon such course of operation, we have Illus
tration in the arrangement made by Sir Henry
Huntley on account Of the Anglo Californian
Company, by which he engages to crush the quartz
and receive ene-half the net produce in return
Apprehensions are felt by some that with the great
increase of mills and machinery reported taking
place in the auriferous Districts the profits frsm
quartz crushing will be much diminished owing to
the competition thus induced; but the objection APP
pears entitled to little weight, as even in such an
eventuality quarter Of the nett yield would afford
large dividend and then again, the attention of
the local manag cement would, doubtless, be turned
to mining, which. in such case, would become the
more profitable pursuit. One impor tant element OF
must not be overlooked: MANY fail of success
state our advices, from the want of practical OK
perieLce in this mode Of mining" this being q
pursuit in which the advantages of capital are most
sensibly felt.
The Anglo California; Gold Mining Company
have given the usual notice in the London Ga.ete
of their intention to apply in the ensuing session OF
Parliament for an act OF incorporation OF the
company.
Besides the demand arising from the Californian
and Australian gold mining schemes, the develope-
ment of the Australian copper mines has been taken
in hand by influential paroles who have decided
upon raising capital to the extent Of G350. 900
Emigration and trade to Australia, judging from
the application for passage and freight, seem still
to have received very little impulse from the gold
discoveries, although there is rather activity
than was observable short time back The slight
disposition manifested at present by the laboring
class to avail themselves of opportunities is attr
buted partly to the general prosperity, which causes
ia r employment at hsme; but the distance, owing
| to the unemployment of steamer, and the ex'
| perse and uncertainty Of postal communication,
must continue to be the great drawbacks. The
colonists, however, have become thoroughly awak.
ened to the peril of their position, If supplies OF
labor be not speedily obtained and from Port
Philip, Captain Stanley Carr. we'll known
agriculturist, has been deputed to visit this
country, in which he has just arrived, with
the view of concerning some measures that
should receive the sanction Of the Colonial
Office. In consequence of the influx to Sydney from
all surrounding parts it is thought the need for
though at first there a disposition, on the part
of the stock keepers, to persuade themselves that
their shepherds would remain, the sent accounts
from the mines, and especially the finding Of the
lump Of 100 lbs has con vinced them tn at this rei
may prove to q considerable extent i'll found
cd Captain Carr, it is understood, desires chiefly
to obtain emigrants from the Scottish highlands
but wherever they may be got, it is essential they
should not be selected for any Of the qualities tn At
usually recommend settlers, since it is he quiet in
dolent people, unused to the activity Of towns, of
hard la Dor, that are alone fitted for the shepherd
life, and that would not be speedily induced to
change ii for the excitement of the gold fields Be-
fore dc parting his mission, Captain Carr per
ally inspected the mining re gon, and he confirms
the statements that have been received When he
at Orphir there were 5000 persons at work, yet
the superintendent of two com missioners and IL
policemen was found sufficient for the maintenance
Of perfect order. AT Orphir there had been great
deal Of disappointment, mixed with much success;
but in the Turon Valley all were making some
thrg and in many instances the results we're extra
ordinary. With regard to the prospects OF quartz
mining, no extended operations had yet been co m
menced, but the richness Of several specimens had
already been tested aud, as the rocks we're abun-
dainty spread over districts of navy miles, there
was reason to consider it improbable that they
might prove fully productive as those Of Caiifor-
nia.-Iinics.