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LATER GOLD INTELLIGENCE.

ARRIVAL OF THE LYTTELTON FROM THE GREY. 13,000 OUNCES OF GOLD. ARRIVAL OF THE MAID OF THE YARRA FROM HOKITIKA. 6,800 OUNCES OP GOLD. SHIPMENT OP 29,068 OUNCES OF GOLD TO SYDNEY. TOTAL AMOUNT OP GOLD FOR MONTH : 45,568 OUNCES. STEAMER NELSON ASHORE AT THE GREY. ARRIVAL OP THE ELEANOR. WRECK OP THE STEAMERS SAMSON AND YARRA, AND SCHOONER JOHN BULLOCK. [From the Nelson Examiner, October 2-3 In an Extra issued by us on Saturday, we announced the arrival late on the preceding evening of the Maid of the Yarra, from Hokitika, bringing with her 6,800 ounces of gold, and we also spoke of the intended shipment that evening, by the Rangitoto, of 29,068 ounces for Sydney. To this had to bo added, as shipped within the month, 3,500 ounces, sent by the Union Bank of Australia to Melbourne, by the steamer Albion, making a total export of 32,586 ounces. About two hours after the Rangitoto had taken her departure for Sydney on Sunday morning, the Lyttelton arrived from the Grey, bringing with her the enormous quantity of 13,600 ounces. This was a most unexpected quantity of gold to receive. Wo had estimated that a steamer from the Grey, if she arrived in time, would probably add 7,000 ounces to the month’s shipment, but we were in no way prepared to find that the quantity obtained would nearly double this estimate; putting, in fact, the yield from the Grey within the last fortnight, on a par with that obtained from Hokitika. Adding the gold brought by the Lyttelton to that which had been shipped, the total yield for the month is 45,568 ounces, which, at the Mint, would

be of the value of £177,000 j giving an export at the rate of £2,134,000 a-year, from a district where, ten months ago, there were not, in all, ten perons to be found. The total quantity of gold received from the West Coast, since the Ist of July, is close on 90,000 ounces, towards which the Grey has contributed, within the last two months, 30,000 ounces. We have very little news for our readers from the Grey, beyond the gratifying intelligence of the gold fields of this Province yielding so weU. Since the robbery of the bank-agent, on the road from the diggings to the landing-place on the river, the banks have given up the practice of sending their servants on the diggings to purchase gold, but have opened places of business at the landing-place, to which diggers have now to resort to dispose of their earnings. From this spot the gold is conveyed to Greytown, or to Cobden, in boats, so that the danger of robberies in the hush will in future have to be borne by the diggers instead of by the banks. The diggers will scarcely approve of this arrangement so well as the one which enabled them to sell their gold on the ground, hut unless an escort is furnished by the Government, the banks could not be expected to incur the risk of the sticking up of their their servants, practised so successfully on Mr Walrasley. We hear with regret that the steamer Nelson is on shore at the Grey. On leaving the river on Wednesday last, and after crossing the bar, she was struck by a heavy sea, which so far buried her that she became unmanageable, and was driven on the beach on the north side of the river. At present the Vessel has sustained no damage of any moment, and the launching of her is simply a question of expense. With fine weather she might be launched to sea, but although the distance the vessel may have to be taken is greater, the more certain course will be to bring her round, and launch her inside the bar, which we understand is perfectly feasible.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HBT18651012.2.9

Bibliographic details
Ngā taipitopito pukapuka

Hawke's Bay Times, Volume 6, Issue 314, 12 October 1865, Page 2

Word count
Tapeke kupu
643

LATER GOLD INTELLIGENCE. Hawke's Bay Times, Volume 6, Issue 314, 12 October 1865, Page 2

LATER GOLD INTELLIGENCE. Hawke's Bay Times, Volume 6, Issue 314, 12 October 1865, Page 2

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