THROUGH OUR EXCHANGES.

Ashburton Guardian, Volume VII, Issue 1823, 24 April 1888, Page 3

THROUGH OUR EXCHANGES.

A BIG "OORNBR." 4a exchange says that Jay Gould " the boss American Financier " and Baron Rothschild the great European millionaire are fixing up "a corner" m diamond, gold, and silver mines. In other words they propose to buy or negotiate for every mine m the world producing diamonds, gold, or silver, till they own the lot. If the rnraor be trno, they are both men of each infinite resources that it is likely to be realised. Gould has the brains to do it ; he has the aadaclty to gamble for « world. What Jay Gould goeß for ho ÜBualJy gets, and his nerve backed with his own and Rothschild's cash and name will enable him to play "ball" or " bear " pith these things and the money markets of the world till the pair have gobbled them all up. When this la done their next plan will probably be to speculate for th 6 globe, and bey up every soul en it as their tenants. The scheme may look wild, bat not to Jay Gould, whoie ambition Deems to be to own the solar system before he dies. In Amerio a good many people think Jay Gould is the Devil himself. GISBORNB OIL WEILS. It is understood (says the " Gisborne Independent ") that Mr Higglnson's vfsit to the Scuth Pacific Oil Spring weils proved highly satisfactory. On their arrival at the derrick Bite Mr Weaver was m attendance, and removed the cap from ' the top of the pipe, which stands some five feet above the ground. On lowering a sampling bottle down it was found that the oil was within 3£ feet of the earth level, or about 8£ feet from the top of the pipe. Several bottles of oil were drawn up, one being banded to Mr Higglnson, who stiil retains it. A visit was then paid to the Minerva works, and the party then returned to town thoroughly satisfied with what they had seen, and firmly impressed with the bona fides of oar oil prospeots. One matter m connertlon with the affafr Is W6ll worthy of note— although there have been large quantities of oil taken from the bore as samples, the oil still retains its uniform level m the pipe and showß no decrease whatever.