SANDHURST.

Otago Witness, Issue 1320, 17 March 1877, Page 8

SANDHURST.

There is no important change in the prospects of either of our leading mines within the week, and therefore the share market continues in the same state of inactivity which has characterised it for the past three months, the sales reported being few, and the demand languid. Those who studied the various phases of colonial mining, and have watched the peculiar coincidences which attach themselves to this as to other developing industries, are sanguine as to the probability of an immediate improvement in business, founded on some new discovery in one or more of our lines of reef, their stand-point for this supposition being that important mining discoveries have hitherto been almost simultaneous in the various mining centres, and that, inasmuch as Egerton and Stawell have had important new finds within the past month — finds which have galvanised an almost defunct market in these localities — Sandhurst is certain to follow with another remarkable strike within the next month. Judging by past experience, there is some reason to have faith in this doctrine of coincidence, and as so large amount of prospecting is just now being carried on in mines where something new may be discovered at any moment, there are practical as well speculative reasons which warrant a certain amount of hopefulness in the synchronous theory. — Sandhurst Cor. Australasian.