The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-01

summer; and il he discovers as we think he wi con-
nuy Of water between Bellot Strait and the passage
will have discovered northwest passage; not in all
passage practicable for ships es water
to the north Of the American continent.
Progress OF the Gold Mining Companies.
From the London Morning Journal April OF
IN our Joafnaa 81 me 10Th OF January we made some
At that period the amount capital supposed to be avail
able as subscribed or liable TO be called up wasfor
00O North America fl60 900 miscellaneous f5II 600:
making total Of g. osS, 500 The that had been
required wereAustralia 81 447 00O CALIFORNIA; Ell 1885,
OO0 North America 1880 500; miscellaneous fo5l OOO
making total of IS O5S 500 It may mot be unnterest-
ing present. when Of the various companies are
from their reports about to make returns briefly and
succinctly again to tohe subject When the rst
news Of the discovery Of gold to hand great doubt
yield of the auferous regions yet since then have
seen colonies far exceeding in amount, wealth
exaggerated and From general accounts
been supposed that the produce Of gold in Victoria during
the past year was in round numbers fl2 0OO while
that New South Wales may estimated at 23 OOO
oo0 thus making the total yield Of the Australian gold
have been orwaTSed In $3.50 California; Il
said to have produced fl2 100000 that, comparing
this with onethird Of Califorla's career there viii DO
difference of "a, 600 900 in favor of Australia.
II estimated that previous to the discovery Of
gold in California, the American mines produced
conformity u.s. ZOO OOo-makng total Of a7 100 600 or
about onehaf Of the first years. produce Of those Of
yield been mentioned previously. In ancient times
under the pharaohs, the mines Of Nubia and Ethiopia
produced about GOO the Romans obtained from
discovery Of Potos Spain received from America about
f620,o00. The annual yield Of the American mines
der the dynasty of the Austrian monarchs of Spain
be reckoned at f3 900; but in the succeeding
tury and previous to the of independence it had
membered likewise included silver. When it is remem-
bered that in addition to the gold fields of Australia
there are nexhaustibe mines of "copper" rich ores of
iron, deposits of COAL and nearly every mineral produce
ton Of nature requires great foresight to predict
what mighty and powerful empire, in the course of
few years, this important colony win become; and it is
only be hoped that the rapid and improving Of
communication will tend further to strengthen the bonds
Of union with the mother country and that wise aud
oonciatory spirit will be shown by those who preside
the Colonial Office, instead Of heretofore,
tempt for the representations of the colonists.
As the Californian mines the first in the field we
SHALL in remarks, give them the precedence. Ths
alluvial soil in good many instances, having become
exhausted, It has been found necessary to erect
chnery the purpose Of crushing the quartz Digging
to great extent has been superseded and legitimate
mining has been substituted at the same time society
mainly owing to these well as more organized
state Of law settled and orderly The claims
Of Colonel Fremont have been decided In his favor by the
made against them to washington, The title most in
favor there appears to be the squatters though
property has been conveyed in fee simple there would
Fremont and the British public there appears at present
but little interest as without exception, all the COM
inclined he could put them in possession, to re-
pudate them; and has been suspected that the whole
British capital should tgate the Coones dubious rights
ANGLO CALHoRNAN-The crushing mill of this associa-
ton first put to work the 3st January The first
machinery in gear After the mill had worked for twelve
hours the produce of the quartz found to give about
from a4o ESQ Of gold Samples Of the gold have been
than those usually found in quartz and proving assay
here to be much richer than the average quality.
n;cGc 1,rp has
rch that Sir Henry Huntsy lad secured for the
pany at the price of $4,000. The Cornish machinery
when this erected well the other works in pro-
gross, it anticipated that the returns would be
about 9so per diem No great result is sm
meanwhile fair remittances are expected by each mail
AVE MARIA.-TEs company obtained its lease from
Col Fremont Not having been legally put in possession
of their locality they agreed with American mine
proprietors to work portion of the New York mine with
them which they commenced early in December last 10
is ANTICIPATED that will be shortly made Their
heavy machinery despatched last June by the
Lyme Regis
Aqua FRA-At the date of the last advices Xr. Hep
burn, the manager at Gold Hill. The crushing Of
the geld bearing quartz had commenced and the report
stated that by the mail of the 1s March the results
would be forwarded in London.
QuAxTz RocK-The first annual meeting Of this associ
alton was held the 10th March, when elaborate
port put forward by the directors They had like
wise taken lease from Col Fremont, of which they
could not obtain possession but have arranged with
French engineers of high standing to work in con-
junction with them the rich mines at Maxwels Creek.
Their machinery selected by Alderman and Sheriff Cor
ter despatched last year by the Lyme Regis and Ork
ney Lass
NouvEAu MoNDE-T1is company was established in Pa.
r and Is commandit. Mr. Clement, the supcrintend-
ent, writes that the quartz obtained from Mount Opbr
had given good results and by repairing Of the ex
listing mills he was in the hopes that the crushing would
proceed Until efficient machinery could be erect
ed. The lode 1t is anticipated will yield at least three
cents to pound Of quartz The result of the frst
grinding of the qnarz may be looked for BY the next
mail.
GOLDEN MouNTAIN.-But little has been done here Mr..
Andrew Smith, the superintendent has been recalled,
Col Fremont having obtained the judgment in his favor
with regard to his land titles Should he put the
pany in legal possessoD and they repudate It, probably
the question will have to be solved by recourse to the
courts Of law
AIIIAycE-M,. Prankhard, the superintendent is in
California The machinery has been ordered but no ope
ratons have commenced The whole OF the shares are
present issued the directors probably waiting for
the of quartz crushing from OF the older
panies This we led infer from the fact that they
all concerned in gold mining
LONDON AND CALIFORNIAN GOLD QUARrz-This company
working the mine Of Mount Athos and though but
little is heard Of them and the information hitherto for
warded very meagre, results arrived at
their shareholders will probably be put in possession Of
the necessary facts.
YUBA River The accounts received from here are Of
the most hatterng nature The result Of fortnghts
washing by wghts machinery, to be forwarded by
the mail of the ls March at Bedrock the yield
% 80 cents every pan Of earth residence Tor the
agents dwelling house smthy, and sheds, were erected
at .he cate of the last advice'.
CARsoys CREEK This property is worked In conunc.
ion with the American proprietary account Of erect
ng the machinery and works Of the mine The English
TO receive forty cent Of the proceeds
the shares issued at 81 each but on account Of the
abstraction of the the surface by the squatters
10s was returned The machinery was despatched last
July, and the mining captain and stan in December
last Unfortunately in crossing the lsthmus of Pana
Captain Mathew Curre fell victim to the climate.
WEST MARIposA The quartz raised here has lately
greatly improved the giving as much ~ $l87 to
the ton. Mr.. Macdougall vas about to purchase mill.
until such time he should be enabled to bring up the
heavy machinery from San Francisco.
Rocky BsR-Thc location Of this company is at Massa-
chuetts Hill and Gold Ill., The direction Is in America,
though many of the shares held in London. An Ella
borae report issued some short period siuce by the
umns At that period (February) the credit count
showed balance in favor of the company Of SAL 20.
LIE MNEuR.-Ths association is en- communicate has