The Melbourne correspondent of the «* Sydney Mail "says that the year jußfc ended was a year of astonishing prosperity — prosperity without a parallel during the thirty, three years he has resided m Victoria. Building ia vigorously m progress m Melbourne. Besides the Protestant Cathedral and Parliament Houses, there are works going on which will involve an outlay of £600.000 before they are oompleted. The business done m city Bad suburban property during the year is set own at opwardß of 15 millions sterling at a I low estimate. The appreciation of popular I investmsnt Btocks ia reckoned at from 25 to I 60 per cent., showing a total of £12,000,000. Broken Hill silver mine has proved a most arkable speculation, promoter's shares of #100 beiDg.now wcrtb £175,000,
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Ashburton Guardian, Volume VII, Issue 1749, 25 January 1888, Page 4
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127Untitled Ashburton Guardian, Volume VII, Issue 1749, 25 January 1888, Page 4
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