THE SILVER BOOM.
GOOD REPORTS FROM BROKEN
HILL,
FEVERISH SPECULATION.
Adelaide, January 28. In this city a perfect silver mania has set in, and the excitenient 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 £20,000 in three months, but most of them have lost everything. One mining broker has cleared £19,000 this week, but should a sudpen fall in the stocks take place, it means ruin to a large number. Sydney, 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.
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Bibliographic details
Northern Advocate, 4 February 1888, Page 3
Word Count
147THE SILVER BOOM. Northern Advocate, 4 February 1888, Page 3
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