"LUCEY BARGEES" IN NATAL.

Ashburton Guardian, Volume V, Issue 1452, 10 January 1887, Page 2

"LUCEY BARGEES" IN NATAL.

Tbe following extract from an English paper describes the state of things In Maritghnrg, the capital of Natal :—" Wa are having some very stirring times ont here just now with the g ldfi.lds In tha Transvaal, where splendid things, are turning ou', and several people I know have made large fortunes. The shares m some of the gold companies are at tremendous premiums. There. _s one comptny, ea'led ' tho Sheba,' m whloh the scares were issued at £1, on whloh a call of 2» 01 was made. Their first dividend paid up the remaining amount of the £1, and now these shares are selling at from £8) to £100. Fancy what a return for 2 . 61. ! I brought' loo 'MoodieV shares at 4. fid, and t^ten sold them a - fow months aftnr at lis, which is mora than 110 p.r cent I had also fifty shares <n a oompany called ' Annie's fortune', which cost about £15, and a month after 1 sold them for £36. At prevent I am m a. gold jrospeotlng syndicate — that is, about twelve of na down here m Natal subscribe £2 or £2 10a a month, aod send op one of out number with a power tf attorney . for each of us, who goes np to the fields to prnspeot, and if he comes aorosi anything good pegs out a olaim for oae'i of us, whloh he either *ork* or floats out a oomp a ny to work it. I know one man down here who pegged out a good claim m tho fields and sold it for £60,000."