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The Tooivoomba Clirdnicle says : — Mr Lindenberg, who opened an hotel at Gympie about five months since, disposed of the business on TuoscUiy, the 22nd ult. to Mr J. T. Perkins, who . lately kept an inn on the Mort Estate, at the j>rice of LSO for the premises, the stock being taken at a valuation, and the furniture sold by auction, which realised very fair prices. Mr Lindenberg slates that business for the last six weeks was very dull at Gympie, 'partially arising from the wet weather, which prevented the diggers from following their occupation — but he expresses the opinion that many will yet do well there by quartz reefing, several of the reefs having lately given verygcod returns indeed. The alluvial diggings, however, are considered to be pretty well worked out. The Thames correspondent of the Nelson Colonist says : — . It is not my intention to deny the richness of this gold field, but I think it is not a field for diggers without great means ; it is worse than a lottery, because the chances are less and the outlay greater. Only a very few can make a fortune, but a' great many will lose one. The Thames Gold Fields have been worked now for twelve months, ~and if you deduct Hunt and the Manukau claims' gold from Auckland's export during this time, you soon can find out the share of the remaining 6,000 diggers on the ground. There is hope that alluvial diggings will break out on the Upper Thames, but unless this takes place in. a very short time, Aucklaiid Gold Fields must undergo a crisis, and the present share-broking swindle must give way to legitimate mining. The Thames is nothing more nor less than a repetition of Coromandel, perhaps with more dazzling resxilis — in fact, a large plum pudding with very few plums.

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Bibliographic details

Grey River Argus, Volume VI, Issue 411, 1 September 1868, Page 3

Word Count
305

Untitled Grey River Argus, Volume VI, Issue 411, 1 September 1868, Page 3

Untitled Grey River Argus, Volume VI, Issue 411, 1 September 1868, Page 3

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