Volume 01: Production and resources of the northern and western districts of New South Wales, 1854 [ca. 1850-1857] - Page 523
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Transcription
GOLD STATISTICS.
STANDARD TROY WEIGHTS.
4 grains make .......................1 carat.
6 carats or 24 grains .............1 Pennyweight.
20 Pennyweights ....................1 Ounce.
12 Ounces...............................1 Pound.
25 Pounds ..............................1 Quarter.
300[?] Pounds ........................1 Hundred weight.
20 Hundred............................. 1 Ton of gold or
Silver.
Gold, Silver, Jewels, Amber, precious stones, Electuaries, and all liquids are weighed by the weight. The proportion of a pound troy, to a pound Avoirdupois, is a 14 to 17. The former Containing 5960 Grains, and the latter 7000.
The standard for gold Coin is 22 Carats of fine gold, & 2 Carats of Copper melted together, for silver is 11 ounces 2 dwts of fine silver, & 18 dwts of alloy which is now coined in Sixty six shillings instead of Sixty two Shillings as formerly.
ADVANCE ON GOLD BY THE BANKS Forty shillings per ounce is advanced on gold by the Sydney and Melbourne banks & bills drawn on England against gold in the advance are discounted at 10 per cent, which at the rates paid for gold would leave the shipper a portion from one to two shillings per ounce.
FROM GEORGE. A. LLOYD GOLD CIRCULAR
Large parcels of Victoria gold have found purchases at 71/- and New South Wales at 65/3d.
The exports Since 30th October has been
1852
November 1st. "Alert" London 43.232 ounces
3rd. "Bloomer"
Liverpool 10.700 ounces
53.832 ..
Which at 65/- per ounce gives
Add previous export £174.954
2.530.266. 12 .9
£2.705.220. 22 .9
Exchange on London. Drafts against gold nominally per cent. Discounts, but no shipments
are being made through the banks, for the best of all reasons, that it [doesn't?] pay. Freight ½ per cent.
Signed George. A. Lloyd.
474 George Street,
Sydney 8th November 1852.
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