The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-14
India and ChInn.


JdE dOLD flELD-1hnbNbb fhODUCB-NOAMnnSlAL
Advces from Australia from Melbourne, September
IA, and Adelaide, August 25
The Melbourne Pyoes Current Of September 13 has the
following commercial Items
The approach Of spring has caused slight improve
mem ~ demand N tns Marker, s%me parues are M
ders have also been received from the interior. The
wool being about TO commence, increased ami
mssn will probably be given by orders for supplying the
stations. while these are favorable circumstances their
eject IL counterscted by others Of more gloomy cha
racter Just as matters commercial and financial, in
Melbourne about TO improve we hear from sydney
accounts which indicate that something like criHs
there has commenced.
One resuh of the pressure In Sydney is that goods Of
all descriptions, bu, particularly brandy, have
been Gent on here by needy houses, who have drawn
against the Shipments which must accordingly be
legitimate trade In Melbourne. But independently Of the
above the prospects Of brisk spring trade are not
the dgangs and even If they were light brist dsmsnd
would not in consequence arise. The great
In the reads has altogether changed the nature IT
trade with the interior Formerly during the dry season
supplies for the whole year taken up by the store
keepers NJ the gold fields and by the squatters II is
20 hsv .ps ,ss
except in very remote DISTRICTS ind most advan
to purchase at the towns In their neghborhood. Al
times they have been able of late to buy -four and other
msroA Andise the dgsngs Ut much iess advance on
the Melbourne cost than the price Of carriage third
the erticsi position Of the Melbourne retailers We for
mery mention ed that the improved condition Of the gold
fields the good prospects Of quartz crushing and the sy
tenn adopted by the banks Of purchasing gold the dig
gngs have attracted great portion Of the population and
trade Of the seaport towns This has operaed with great
ss , upon me rss:srs and p.Sssca, s on the
Many others going out Of the trade and
quenty not rspIenishing their stocks The publicans
y every other branch Of trade has been overdone 1t
Is universally felt that many must out Of bust
ness. The banks are acting this principle, and
restricting their accommodations On the part OF i'm
poyters goods In general held firmly and there
disposition 70 sell except for cash. They 0e confident
that present embarrassments temporary and that
the continued large yield Of gold independent q the
clip and promising crops, must ere long reestsbhsh
confidence and trade and reward their present prudence
by the increased value Of their stocks
shippers that the high prices which ruled for provisions
and candles few months back win probably have in
duced large shipments from Great Britain and the United
States and ~ the demand has greatly dinished In
sequence Of internal production, such prices
sgsin be anticipated.
The Melbourne journal Of Commerce of the same date
We have the most eonelusive evidence TO offer Of ae
great and continually inceosng amount Of our gold pro
voting their energies 70 modes ef obtaining god ether
than those which until within these few weeks have
almost exclusively employed Instead Of searching for
stead Of god disgingthey are now commencing gold
mining and we happy TO say, from reliable private
information. with the most ,atsfsctory results Our
friends in England win scarcely credit yield OF ten
ounces per tom but know that the quantity obtained
from one at Mount Bsckwood has equaied that for
nine successive days, during winch time only the ma
chinery has teen in operaon and this has been even
ecised by the produce Of another claim about one hun
dred yards from the which gave the preceding results
the amount obtained from whicb--Kwe did not know
II for factwe should hesitate 70 publish for II ex.
ceeds so ounces ter ton, u cw having produced %
cuncs over lbs. Troy. As yet these individual
any sor and fewer stu Of any value at present In epe
ration 81 the Mount lakewood aeld. When thess can
be increased In numbss and efficiency, NE results VII