The enormous fortunes which are being made by the British coal ow; ers, puts Australian and New Zealand gold mineß into the shade. One owner, who sunk a large sum in an unproductive coalpit one year, made L 60.000 profit from another pit. Another very large owner, a year or so ago, made L 50.000 beyond his ordinary income of LIOO.OOO, An enterprising man with a small capital lately invested it, and what money he could borrow, 19000 in all, in a colliery, and he sold it again almost immediately, «nd without spending a penny on It, for
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/KUMAT18800311.2.17.1
Bibliographic details
Kumara Times, Issue 1075, 11 March 1880, Page 4
Word Count
98Page 4 Advertisements Column 1 Kumara Times, Issue 1075, 11 March 1880, Page 4
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.