GOLDMINING AT SANDHUEST.

Thames Star, Volume VII, Issue 2097, 23 September 1875, Page 3

GOLDMINING AT SANDHUEST.

The extract given below is from an article which appeared in the Bendigo Advertiser, by which journal the information was compiled for the Commissioners of the Philadelphia Exhibition :■— The following are the official records of gold which have passed through the snb-treasury of Sandhurst from November, 1851, to June, 1875, and for which we are indebted to Mr A. Eevnell, subtreasurer :-—

This represents a value of £32,638,992, at £4 per ounce obtained from gold taken out of alluvial workings or from quartz reefs since 1851; but a large quantity of gold was sent . away from the district during its earlier period of which no official record was kept, and making allowance for this, the (otal value of gold obtained in the district might approximately be set down in value at £40,000,000. The annual value of gold obtained in the district within the past few years may be set down at an average, in round numbers, of £1,200,000.

The following is a statement of the dividends declared and calls made within ■the Sandhurst district since 1872 to June, 1874, and illustrative of the profits arising out of the pursuit of auartz mining :—

tear. .851 ... .852 ... .853 ... 854 ... .855 ... .856 ... .857 ... .858 ... .859 ... 860 ... .861 ... 862 ... .863 ... ounces. 200,000 475,857 661,749 429.983 451,588 609,729 492,431 447,712 403.891 346,6^3 298,442 231,514 199,010 Tear. ounces 1864 ... 192,615 1865 ... 180,96] 1866 ... 212,804 1867 ... 221,5?. S 1868 ... 217,016 1869 ... 225,25? 1870 ... 241.38 C 1871 ... 283,82£ 1872 ... 346,995 1873 ... 329,441 1874 ... 313,96 c 1875 ... 135.42S Total... 8,159,746

Dividends. £ 872 ... 683,140 873 ... 628,946 . .874 ... 500.615 875 ... 126,270 Ualls. 1872 ... 360.30 C 1873 ... 234.066 1874 ... 188,384 ■ 1875 .... 53,605 £1,938,971 i Balance in favor of d £833,35S ividends, £1,102,619,