(From the "Sydney Herald.") GOLD CIRCULAR.

New Zealander, Volume 7, Issue 573, 11 October 1851, Page 2

(From the "Sydney Herald.") GOLD CIRCULAR.

The specimens alluded to in my last report us c\pected from Fiedeiick's V.tlley anivtd in town by the oveil,md mail on Saturday mouuiig and was placed for inspection on a clian in George-street in trout of Mi, Hale S shop. So gicat was the crowd aiound it dining the flay, that it was with consideiablc dilliciiky a sight could be obtained, and to a passing observer, it ceitdiiily did not appeal to present anything pailiculaily am active : it was veiy much like a lurp of iron-stone, which could be appiopi lately eniplojed m metalling our stteets; a closer inspection, howevei, bi ought lo liglit bright spers of the precious metal in eveiy dhection— it blill renian.b untested, and conatciueiitly no lesult can be stated tins week. By the Lima, Captain Yule, anived fioni Honolulu this morning, we leant that intelligence of our gold had icached tint poi t per Ed^ar, on the I2tl> July, aftei a good run of 45 days Ihe Polynesian, ot 2tiih July, contains Mr. A. C. down's lettei , which appealed in (he Sidney Morning Herald; their markets had been slightly affected by the newi in consequence of parties wishing to pin chase foi this poit. The Lima lias brought up a few tons of flour, and the puce h id naen Iheie to £24 per ton. Sevuial icipectable peiaotis have ictuiiied home trom the minus within the last few dajs, and all agree in then statements lespecting the lichnessof om gold-fields. It is estimated that theie aie not less than 15,000 peisoiuou the unties, and the Turon is being woikcd for 40 miles. One gentleman saw a mjner canying a bucltet of eaith to his ciadle, and oftcied him 20s. tor the pioiuce of that bucket, the minei refused to take lets than £:? for it, and as a matter ot cuiiosity they both went down together to see it washed out- the lesult was upuauls of two ounces of pure gold. Nuinbcis aie doing e\tiemely well on the Tfliou, and the gold obtained theie, is iem.iik.ibly pure. Very large quantities have been sold in town dm me the week, and if it continues to mciease as it has hitheito done, the pnee must fall, and that considerably ft om the impossibility of finding money to pay for it. Sevei.il lots wcie sold yesteulay, at Ofls, and 655. od. is now the extreme value. The quantity to hand thiongh the week has been— by the escoit, 5700 ounces; by post, and privatvly, about 1000 ounces, in value neaily £22,000 tuns gradnallj increasing as weeks tolls on. The Anna Maty, which sailed on Wednesday hut, foi London, conveyed the largest amount yet exported in one vessel. The following weie the shippers;—

Exuh,mge on London — Drafts against gold, 4 per cent, discount. Fiuight — J pel tent, George A. Lloyd. ■174, Geoige-stieet, 20th September.

Trade continues exceedingly dull — altogether owing to the iiibnfliciont means of internal communication ; and how this gicU evil is to bo remedied Jt i%, foi the uiesent, impossible to s.iy . Cainage is still enoimously high, which must keep goods in the inlenor at o\Uavagant rates. A decline in the price of Gold to G-ls. 6(1. pei ounce at which mte it was fieely 'taken up 0 Fiiday evening, though sales had been made as low as 045., will, in the meantime, liavc an injuiious eticct on the inteieits of gold diggeis, but eventually result most beneficially, as (his low figure will induce capitalists to come out from home with tpecie for the purchase of our gold ; and, in the meantime, sp«eulatois fioin the neighboming coloniei will find it their lnteit-st to lenut to liiiuin m Ausnahaii Gold. Flour. — By way of California we have ascei tamed that Flour was selling at Valpaiviiso.it 8 dollars per sack of 200 lbs., which would bung it to about £\S per ton on boaid,— so that we need not feat importations from that quaiter with such quotations. Lingo quantities of Flout had been pouted into the Capp of Good Hope from the United Stales, and a consirieixblc decline bad taken place. Cargoes had been tianshipped for the Mauritius, but by last advices found no market theie. The quantity ariived during the last few dajs has been greatly over-estimated, owing to a large poition being in small packages, but it has had 4 Tory <lepi<:ssing eflect on the market, foi which tliuie was not the least occamon. Our harvest is yet distant, and it t is folly to allow our stocks to inn low with a piospect of a veiy much incienscd demand. The bulk of what flour is now held costs upwauls of £'i 5 and, for the most part, by patties who are not likely to be compelled to saciifice. Our Tea maiket hai, of course, beeti quiet, but solely from want of cauiage. Fust quality skins and congous are vciy scarce, and them is no piobnbility of our having any good teai for at least three mouths. The Flash which should have arrived ere this, could not piocuie teas, though 1500 to 2000 chests could have Tilled liei. The Artemisia a> lived fiom the c.ntwaid biinging some sut;ai ; apparently a large quantity fioin the nnnibfi of bags. A» three 01 four* of these go to nuke up an aveiage sized bag, the amount of the whole lot is tuning Oui sugar importers have evinced some uneasiness in consequence of these arrivals ; but as sugan arc quoted at high lates from Batavia and Manila, with an advancing exchange, we need not apprehend low rates ruling for any lengthened period; those who hold light stocks would do well to take ad vantage of the temporal y depiession. Speculatou in any ai tide w ill subject themselves to a good deal of annoyance and. no trilling risk, unless piovidcd with ample means, during the present umettled state of our maikets. R. Harnltt, Broker. Sjdnej, September 27, 1851.

ozs. dwt R. Campbell, (tcitius) 5,400 0 GeoieeA. Lloyd 1,852 5 Tliaeker .md Co 1.520 0 Coopei Biolliois 1,105 12 L. and S. Spjci 7D3 7 L. anil S. Samuel 727 0 R. Campbell, sen., .md Co 0/2 3 P. Halt 4i>l 0 H. M'Aithin *i 95 0 L> .ill, Scott, and Co 201 o J. Maiks 250 0 J. Thompson and son 21S 0 Gilchnst and Alexanrici 215 0 liou|,iuiin and Mosts 160 0 D. Davis » vn 0 M. Biod/.iak 101 15 J. M. Smith 100 0 David Bell 60 0 Y. Ebswonh 39 3 Hy am Davis.. 32 0 J. G. Coheii 120 0 Olhei shippeis 443 0 15,143 1 Which vjlueri at Css. p^r oz. gives ......£ 49,215 1 0 To tins add pi evious export ••• 83,327 3 3 Total shipped to this d.ttc j6"132,6(i!4 4 0