EXCHANGE G.M. Co.

Thames Star, Volume VII, Issue 2040, 19 July 1875, Page 2

EXCHANGE G.M. Co.

' This property wa:s submitted ;to Jpublic auction this-day by "Mr Craig, and wa« knocked down to Mr Euddock for the,. sTim of £1200.; >W,e -understand that it has .been purchased,for the* New Exchange Company now forming, who may be congratulated- upon -becoming owners of a large area contiguous to the best gold producers in the "district. ~FrdnTtbe~fact* of the lode in the bottom level of the Crown Princess having' been driven to the boundary of the Exchange,-with a decided improvement both in size and quality, th« inference is obvious that it-will continue payable through this ground^and may be ;sunk upon at once from., their present level, giving the entire &BJgtlk'of the claim, iwith 70 feet backs, or driven upon from the present working level of the Crown Princess, independently of afher reefs from iboth the City of London and Queen of, IBeauty claims, which are running fair for'this property, and require but'small outlay in driving.to develope, and render this one of the best holdings'en the fieKlt'^Actire operations will,at -once be taken,'to form* the new company, elect officers and push' ion, with- the necessary,wprk.f All the v shares have been taken up,'so that no hindrance need be expected., -;.,,, : 01 -.,,, : * ;