LATEST NEWS FROM HOKITIKA.

Evening Star, Volume III, Issue 785, 10 November 1865, Page 2

LATEST NEWS FROM HOKITIKA.

By the Star of the South we have Hokitika papers to the 4th inst. As reported in our last night's telegram, very heavy floods have occurred, doing immense damage to property, and causing the loss of three vessels? The schooners Dolphin and Sarah were swept from their moorings at the pier, and carried over the bar. The Dolphin became a total wreck, and the Sarah had not since been seen ; on the last vessel one man at least was on board. The brig Craigevar, ready for sea, dragged her anchors, and went on the South Spit. She was washed over it, and ultimately was tossed on the beach. The steamer Kennedy arrived on the 6th inst. at Nelson from Hokitika, bringing with her 10,350 ounces of gold. The gold news continues favorable. Rich discoveries had been made both to the southward and eastward of Hokitika, as also to the northward of the Grey. The price of fat cattle was exceedingly high in Hokitika. One lot sold had averaged £3B ahead, and another lot of choice beasts £59 ahead, "Wethers had sold at from 30s to 80s, according to quality. THE GREY. The steamer Wallaby arrived at Nelson from. the Grey, on the 6th,~ with the rich freight of 10,616 ounces of gold. The accounts received states that the diggings are spreading in ©very

direction. On the beach, near Oobden, a prospecting claim had given gold to the value of £llO for a week's washing, and directly behind the flagstaff, a man stripped a piece of ground, with a borrowed cradle got twenty-seven ounces of gold in one night. A flood in the Grey washed away the bank on •which the Murray had grounded, and this fine schooner, owned by the Messrs Paul, of Nelson, was got off uninjured, save the loss of her rudder, carried away when she took the bar on her arrival, and the~ original cause of the accident. All the cargo of the Murray was saved. The Undine, which was on shore alongside the Murray, was also washed off by the flood, but was carried away, and thrown up a wreck alongside the Nelson.