The Feilding Star, Oroua & Kiwitea Counties Gazette. Published Daily. WEDNESDAY, DECEMBER 4, 1895. THE " BOOM " BROKEN.
j . -• 1 The mining "boom" in Auckland has now ended so far as the mere outside speculators are concerned, and a decided ! reaction has set in. It will be xemem- > bered that we sounded a note of wanting when the craze began, and now the inevitable has happened. Jo this connection the Auckland Star cays ;— " Alarmed by the fall in prices, many holders of really good stock are trying frantically togetxid of it at any price ; the consequence, as the daily share list shows, is an army of sellers and few buyers. We must change on? policy. The pnblie have invested largely in a scheme to develop onr goldmimng areas, - and they should set about the work they have undertaken in a basineßsrlike way. The money already subscribed ought to ia thoroughly testing the that has been taken up, and if x£e)| HiscovßTiea are made,' as we believe 'nia»y- j wil( : bo^ there need be noiear of a lack jot capital to turn them to profitable
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/FS18951204.2.5
Bibliographic details
Feilding Star, Volume XVII, Issue 133, 4 December 1895, Page 2
Word Count
182The Feilding Star, Oroua & Kiwitea Counties Gazette. Published Daily. WEDNESDAY, DECEMBER 4, 1895. THE " BOOM " BROKEN. Feilding Star, Volume XVII, Issue 133, 4 December 1895, Page 2
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in