THE SILVER BOOM.
LAIiGrIC YIE Ll)3. [Br Electric Tki.kc.iuph —Copyright.] Svdnkv, January 28. The Broken Hill mines still continue to give large yields of silver, especially in the principal claim, and this week the returns have been exceptionally large. A large number of new claims have been pegged off, and in a few hours companies are floated to work them. Adelaide, January 28. In the city a perfect silver mania has set in, and the excitement is quite unprecedented. A number of shopmen in town have thrown up their engagements and repaired to the field, where they have gone in for speculation. One of their number is reported to have made £30,000 in three months, but most of them have lost everything. One mining broker has cleared £19,000 this week, but should a sudden fall in the stocks take place, it means ruin to a large number.
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Waikato Times, Volume xxx, Issue 2427, 31 January 1888, Page 2
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147THE SILVER BOOM. Waikato Times, Volume xxx, Issue 2427, 31 January 1888, Page 2
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