Goldfields in Fiji Find of the Century
ENORMOUS APPRECIATION IN VALUE OF SHARES Per Press Association. WELLINGTON, Last Night. The discovery of the Fiji goldfields was undoubtedly tho find of the century, said Mr P. Costello, of Suva, on being interviewed on the arrival of the Monowai from Sydney to-day. The finding of the Tavua fioi'd, he said, was due to one man, W. Borthwiek, whose experience was gained at Wailii. There were now six mines there and there might be more. Share prices were going up. When he arrived in Melbourne Aloha £lO shares were selling at £2-1; a fortnight later buyers were offering £650 and sellers asking £9OO. Mr Costello, who is interested in the development of the mines, has been in Fiji for 26 years. He leaves Auckland on Saturday on his return.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19350430.2.94
Bibliographic details
Manawatu Times, Volume 60, Issue 99, 30 April 1935, Page 7
Word Count
136Goldfields in Fiji Find of the Century Manawatu Times, Volume 60, Issue 99, 30 April 1935, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in