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AUSTRALIA NEWS.

By EJectrio ; Telegtfaph:— Qopyright [per united peess ASSocr^tibN^ ' '/Sydney, January 29. , The Broken Hill mmes still continue to give large yields of silver, especially in the principal claim, and this week the returns have been exceptionally large. A large number of new claims hare been pegged oif, and in a few hours companies are floated^ to werk them. , : : Brisbane, January 29. Rutter, Mayor of Kookhampton, has been sentenced to seven years' ' penal servitude on the first charge of false pretences, etc. It is siid that mining and speculations were. the cause of his downx fall, owing to frequent pilfering. V Janu'aryjjO. Rutter, Mayor of Rockhampton, has been sentenced to seven years on the sco ond charge brought against him, to be concurrent with the first sentence. TlVe remuiuing enarges wiil be abandoned, •;-■:' The Chipese haye withdrawn from the Clenieattgpldfields at the War-lens orders'. "They offered no resistance. v IJobabt, Januarj 30. In the match against Mr Yernon's team, th« Tasmanjatis have tairtei-n wick--*ts down f or 4<)6,VBurns' score being 95.. The match was drawn. ■- ■ r - Adbbaidbj January 29. " In the city a perfect silver mama has set in, and the excitement is quite unp.re . cedmted. A number of shopmen in the town hare thrown up their engagements and repaired to the fields, where they have gone -ia for speculation." One'- of their number is reported to have made £20,000 in three months, but most of them have lost everything. One mining broker has cleared £ 1 0,000 this , week, but should a su<iden Tall in the stocks take place it means ruin to a large number. ' '' : '"'"•' :

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS18880131.2.12

Bibliographic details

Feilding Star, Volume IX, Issue 96, 31 January 1888, Page 2

Word Count
267

AUSTRALIA NEWS. Feilding Star, Volume IX, Issue 96, 31 January 1888, Page 2

AUSTRALIA NEWS. Feilding Star, Volume IX, Issue 96, 31 January 1888, Page 2

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