Volume 01: Production and resources of the northern and western districts of New South Wales, 1854 [ca. 1850-1857] - Page 508
You are here
Primary tabs
Transcription
499
New South Wales 299
Number of Licenses Issued To Dig Gold From 1st June To
November_1851
Licences issued at Ophir_ 2094.
Turon 8637
Meroo River & Louisa Creek 1-009
Abercrombie 41
Areluen 405
12.186.
Total Amount of Gold Shipped From Sydney From The First Discovery of Gold in February Till 31st December 1851-
- Number of Ounces
141 : 422. Valued at £436: 871. 13. 3d. _
The [price] obtained for gold a the time was £3.4/. Exchange on London 7 per cent discount
By the middle of February the export of gold amounted to £760: 000 The exchange on London was quoted at 8 per cent discount. The price of gold in Sydney towards the end of March fell to [can't read] the banks at this time suspended all advances on gold [can't read].
The production of gold for the first year of the gold discovery [can't read] taken at £ 2.641.502. Sterling and the addition to the population of New South Wales 8249 persons.
Price of Consumable Articles
On the price of consumable articles the effect of the gold discovery was [unmistakably] apparent. Flour which had ranged from £18 to £20 a ton advanced a ton a day, [can't read] and subsequently to £40. During the month of June 1851 flour fetched £100 at Bathurst and every other article bore proportional prices. [A meal] [can't read] from 1½o to 40. per pound.