The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-01
sriod before the public, but little can be said of

short period before the public but little can be said Of
their ultimate prospects,
AurrAIIA-Ths arrival Of the Great Britain bringing
eensation unfortunately however, the account OF the
state Of society the colony Of Victoria is anything but
satisfactory It is to be hoped however, that the next
advices win bring intelligence that both in the towns
and at the "dggDgs' all will be in more settled
emgIants unless under repayment Of their
passage money from proceeding to the gold fields can
not fail to have beneficial effect and VIII tsna 70
while the land going out Of cultivation from Lack OF
hands this regulation is srngently enforced will not
have to be apprehended As but few OF the companies
have commenced operations our notices OF them must
necessarily be brief
ANGLO AUSTRALIAN the end of February. the super
intendent, STAFF, mining tools, and Baggs patent
chinery despatched per ship Adele the colony of
Victoria The company have location and it is left
20 the discretion Of Captain Bell when he arrives at the
scene Of operations, to select fitting spot.
AusTRAIAsAN-Up to the general meeting of this COM
pany held the 21st Of March, Mr. HardRg the super
sntendent had fixed on no location which he thought
desirable to erect the company's machinery. At the
date Of the last adyicc he about to proceed to the
south to inspect lode that Captain Williams had re-
Gerstand to treat with the Peel River Company for
portion of their auriferous land.
PORT Pmp-An unfa vorable impression has been Gre
ated lately with regard to this association owing 10 tne
disastrous calamity OF fire, which consumed several tents
and the sheds building for their machinery me super
inendent Mr. Evan Hopkins has, no doubt long Deiore
this repaired whatever damages may have occurred
and from his tact andenergy success is to be opaAed
1T Will, no doubt be achieved
CENTRAL AUSTRALIAN The assayer OF this company Is
at Melbourne The agent in his last advces stated that
labor elualized there was every prospect
that operations could be successfully carried on
AUSTRALIAN FRsHIIoID-The oca ton of this company
is New South Wales Their agent and staff have been
some time des patched. Remittances Of gold dust,
which profit has been made have already been for warded
to them though we have not heard that they have OBJ
tanned any resuts from tier own gold fields.
COLONIAL CoID.-This association well the one
above has realized good profit by the sale Of gold dust
from ia
ample for machinery which he requests the
directors TO forward him; until then he proposes avail
himself of the more simple machines for washing gold
AUSTRALIAN MUTrAL-The works for draining Erskine
Island have already commenced the gold in the
auvum has been reached The whole Of the island has
been granted the company which twelve
Of auriferous deposit and half mile of the richest bed
claims In the river As the tunnel is driven,
which is already contracted for, it is anticipated all the
company's claims will be workable.
BRITISH AusTRAuAN.-The last advices stats that the
water holes the Turo had been drained and gold to
the value Of about f50o had been extracted from the bot
tom Of tho blue clay The yield expected in all to be
about 600 which below the average antcpa
ted On Louisa Creek and at Sheep Station Point they
had commenced raising gold. The company's commits
sioner about to proceed 10 Melbourne to
inspect quartz vein Ballara to employ the
chinery at present lying idle.
AUSTRALIAN CoRDuIERA The staff of this association
despatched early last month, per Tory. The compa
have leased of the Australian Consols Gold and Copper
Mining Company GOO Of the SegenhOe estate 1t ia
their intention to work this.
New SsuTu WAIIs.-The managing director Captain
Westmacott, has long been resident in the colony. A
short time since portion Of the property held by the
company disposed OF for considerable amount,
believe f50, 600.
LEWIS Hill RANGE-This company have received several
specimens Of gold well small diamonds which
have been found in the locality port it is antici
pated, will shortly be published.
AUSTRALIAN CoNsoIs This company have leased por-
ton Of their estate to the Australian Cordiera; they
have however, still 1000 acres Of land the right to H.
600 more and small coal property the Hunter river
The northern terminus OF the Great New South Wales
Railway proposed be erected their estate Their
present capital Of EGO 0 being inadequate to carry out
their plans it is proposed to reorganize the company and
extend it to f1OO OO0.
GREAT NUGGET vnN-The Colonial Gold Company have
il is stated agreed work the quartz lode at Louisa
Creek on the following condons-That they shall give
fifth of the gold obtained from every ton of quartz
alluvium when the quantity OF gold sha not exceed
two ounces third when the quantity of gold shall
not exceed three ounces aud half when the quantity
shall be four to the ton of quartz soil
fall took place in the shares this week consequent
upon sales which owing to orders from the colony
about 900 IL goo of the shares allotted to the org
nal proprietors Of the vein having been transmitted
These are however, distinct from the English ISSUE the
outlay Of the original proprietors having been about
COO In the present state Of trade at Sydney they
wish 70 reimburse themselves As this company will pro-
badly lapse into the Colonial Gold but little can be said
Of it as regards its ultimate prospects No doubt short
ly some more definite accounts, regards combined
working, will be received from the cooDy.
Several companies who are in London, and who have
about to- despatch their staff have not here
enumerated This not been done with any feeling Of
diespec or in any way to undervalue their merits We
believe have endeayoled nvidOusly to particu
any but BRIEFLY possible to notice those
that in activity ami have already made progress
towards arriving at result. Quartz crushing is yet
far known here still problem; but little time will
elapse before shall know practically whether it be
profitable not The doubts, the hopes the anticipa
tons and msgiyngs, Will then vanish before the stern
reality That gold exists in large quantities, both in
calfoIn mia and Australia, the most skeptca will not
deny 1t only remains to be seen and that time and
dear.