"BOOM" IN THE SILVER MARKET.
(*■» HEUBBS A8«OOUTIOK.)
Stdnjst, January 11. Assays of stuff from Broken Hill, central mine, show an average of tgt ounces of silver to the ton. The new discovery io; aiftccting all mining stock.
The Broken Hill Silver tnloe, Booth ▲uitralta, !■ nor the richest ■llrar mlae Iq the world. The retarn of bullion for the third w*ek la Ootober— and It wu considered. J*,&oqr one -was 139 tops lOowj lqtfgllft, valued at £31 llr'fi ocr ton. The manager of the mint ettl. mates that there art 700,000 torn of 32 22°.°^ a2? •'" !n i! 8 b '» V ' wprewntlng 22,400,000ck* of allver, Which at tho nmket valne meant more than £4,070,00* sterling. If the adjoining mines yi«ld la proportion to their present estimated value, and the Broken Hill proper it m produotWe as there ia .every reaaon for billevlng It will be, £10,000.000 •* the earrent prioet of stiver woalcl fall short of expressing the value of the prea ia the claim. a« originally held byjthe Broken Hill Company. Theforkanei of a proparty of inoh magnitude are « matter of national Importance, *
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Ashburton Guardian, Volume VII, Issue 1738, 12 January 1888, Page 2
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182"BOOM" IN THE SILVER MARKET. Ashburton Guardian, Volume VII, Issue 1738, 12 January 1888, Page 2
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