PUBLISHED OH WEDNESDAYS AND SATURDAYS. WEDNESDAY, MAY 21, 1871.

Taranaki Herald, Volume XIX, Issue 1091, 24 May 1871, Page 2

PUBLISHED OH WEDNESDAYS AND SATURDAYS. WEDNESDAY, MAY 21, 1871.

The Caledonian Mine at the Thames continues to yield gold in extraordinary large quantities. According to the Auckland Herald this mine has been a dividend-paying concern for the past four months, and daring that brief period no less a sum than £83 10s. per scrip has been paid in dividends, representing a total sum of £238,810. Since the 6th of April, three dividends have been paid, of £12, £14, and £10, making a total dividend of £36 per scrip, or £L02,9G0 in six weeks. But in addition to this, since the payment of the last dividend on the 16th May, the manager has lodged with tho Bank of New Zealand no less than 14,000 ounces of gold, whilst, at the same time, none of the richest stone has been crushed, and a large quantity is ou hand of stuff that will run threo or four ounces to the pound. The same journal further states that the accounts given by those who have descended into this mine, and viewed its exti'aordinary wealth, would be incredible, were they not justified by actual facts. According to the descriptions given the precious metal may be seen in lamps and masses in every direction, and the story of the fabled cave of Alladin drops into insignificance by the side of the plain, unvarnished tale of those who have visited the lower levels of the Caledonian workings. Nor does there seem to bo the least probability of the lead running out. The further the workings are extended the richer does the stone become.

European Nkws via Suez and via California, has reached us since our last issue. The intelligence brought is replete with horrors, aud it is sad to think that the beautiful City of Paris should now be desolated, and again subjected to fire and famine, not by the German forces, but by the French themselves in a frightful civil warfare. The successes and excesses of the insurgents are among the most melancholy incidents of modern history.

Left Over. — We are compelled to leave over our leading article, our Opunake correspondent's letter, and other matter to make room for the English telegrams, aud the gold news from Auckland.