THE THAMES GOLDFIELD.
Owing to the continued surprising yields from the Long Drive and other now famous claims at the Thames, the end of the past week witnessed an extraordinary amount of excitement amongst shareholders and sharebrokers which we have never before had occasion to notice ; and interests in various claims changed hands at greatly enhanced quotations upon rates ruling but a few short weeks ago. Shares in the Thames Grold-mining Company have taken a sudden leap upwards from £10 to £20, and still have an advancing tendency. All Nations are also quoted at the same figure. The richness of the Long Drive Claim appears almost fabulous. The number of snares in this extraordinary claim is 1,200, the subscribed capital being £5, and the amount paid up £3 6s. 8d. During the month of June the dividends amounted to as much as £8 per share, while at the present time sufficient stone has been taken out to yield a dividend of an additional £5 per share. Shaies are in demand at £150, and scarcely any selling. This claim, with the Golden Crown and the famous Shotover (Hunt's), are probably the three richest mines in the world. As our readers are aware, his Royal Highness Prince Alfred, Lord Beresford, and Lady Boweu are shareholders in the Long Drive, and it certainly is most fortunate for them, as well as for the country, that the claim has yielded such magnificent returns. His Eoyal Highness and Lord Beresford will, in the course of a few mojiths, receive some substantial mementos of theirj visit to Auckland.
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Bibliographic details
Daily Southern Cross, Volume XXV, Issue 3732, 5 July 1869, Page 5
Word Count
262THE THAMES GOLDFIELD. Daily Southern Cross, Volume XXV, Issue 3732, 5 July 1869, Page 5
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