RECOVERY OF LOST TREASURE.

Kumara Times, Issue 2881, 22 January 1886, Page 3

RECOVERY OF LOST TREASURE.

The following details have been communicated with regard to the lecovery of lost treasure ;—“The Spanish steamer Alfonso XII., owned by the Oelgacion de la Cia, Transatlantica, of Cadiz, sank last February off Point Gando, Grand Canary, being at the time on a voyage from Cadiz to Havana. She had on board about £IOO,OOO worth of Spanish gold five-dollar pieces shipped on behalf of the Spanish Government, and insured chiefly with English Companies. She went down in a depth of twenty seven fathoms, about one and a quarter miles from Point Gando, and in a very exposed position to the north-east, from which point the trade winds prevail during the greater part of the year. The Marine Insurance Company, which was largely interested, was requested to undertake the conduct of the savage operations, and, having made the requisite arrangements, they despatched on the 16th of May last Captain Stevens and three specially-selected divers with their tenders. The treasure room was in the run of the ship with three decks above it, at a depth of 25’- fathoms, so that the task of salving was an unprecedented one. The operations have been persevered in for six months, in the face of unforeseen difficulties and complications, and news has now been received that a box of specie has been sent up by Lambert, one of the divers, and it is expected that the remaining nine boxes will soon be safely landed on the deck of the salvage steamer Arabian, fine weather only being needed to complete a salvage which may be fairly regarded as one of the most difficult, if not the most difficult on record.”

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