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The Evening Star. PUBLISHED DAILY AT FOUR P.M. Resurrexi. SATURDAY, AUGUST 15, 1885.

It is more than gratifying to us to be in a position to herald strong signs of a new dawn of prosperity on our mining district, and to welcome every appearance of a return offtimes of business activity around us. These encouraging prospects have, shown their appearance more particularly during the week which has just closed, and a perusal of to-day's sharelist discloses considerable briskness in the market.' For some months past steady and handsome returns hare been obtained by the Cambria G.M. Co., and the mine promises to continue its supply of the precious metal for a long time to come; the adjoining claim belonging to the Darwin Company is showing signs of turning out a valuable property, the recent indications discovered there being very encouraging. The well-known New PriDce Imperial Company's property, for so long a large dividend paying mine, is looking very well, and the general crushing dirt coming to hand is reported upon favorably. The New Manukau this morning showed signs of the mine coming to the fore again as one of the successful ventures on the field ; and the Golden Crown, well remembered in the palmiest days of the Thames; the Old Caledonian, the greatest gold producer the district has yet known; and the Heron, erstwhile North Devon, and the New North Devon are all gradually coming to the front; each displaying gratifying signs of improvement. Several tributera in the Alburnia mine have been doing well of late, and in fact a healthy atmosphere, promising prosperity, prevails generally. While heartily congratulating th 6 people on this probable restoration of lively times, we would advocate carefulness in investing, and endeavor to point out the ■nutility and inadvisablcness of rashness in speculation. Directly au upward start is made in the market, as a rule a host of ventures, which have earned the sobriquet of "wild cat," are launched, it is these things which tend to mar a con. tinuauce of general prosperity, by frightening away those who, having once been burned dread the fire. Let us hope that euch things will be avoided, and our legitimate natural wealth, with its components be made the basis of business done. In conclusion, we will once more congratulate everybody, for all are effected, on the very promising appearance the district pre sents, and hope and trust that its development will show that still greater blessings are in store for us.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/THS18850815.2.9

Bibliographic details
Ngā taipitopito pukapuka

Thames Star, Volume XVII, Issue 5173, 15 August 1885, Page 2

Word count
Tapeke kupu
413

The Evening Star. PUBLISHED DAILY AT FOUR P.M. Resurrexi. SATURDAY, AUGUST 15, 1885. Thames Star, Volume XVII, Issue 5173, 15 August 1885, Page 2

The Evening Star. PUBLISHED DAILY AT FOUR P.M. Resurrexi. SATURDAY, AUGUST 15, 1885. Thames Star, Volume XVII, Issue 5173, 15 August 1885, Page 2

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