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Thames Star, Volume VII, Issue 2004, 7 June 1875, Page 3

With regard to the Victorian Goldmining Company lately placed on the London market, the 1 London correspondent of the -Argus writes i^-The prospectus has been issued of the Beechworlh Goldmining' Company Victoria, with a capital of £200,000, one 'half of which it \s sought to raise here. The company has been -formed for acquiring some mining properties already existing, from which it-is stated wonderful returns have been obtained. On au outlay of £75,000, two mines^Tba' Doma Mungt and the j9ohs- of Freedom—alone have already returned^£2o3,oOO. "Monthly returns of £20,C00, of which one half would bo profit," may, weareassured, bo "safely relied upon;" and this net return of £120,000 a year is to be had for £110,000, only £10,000 of which is asked in cash, the rest being taken in paper as fully paid up;\»hares/ • " The . public, therefore," remarks The Times, "are offered for £100,000, £90,000 *of which is to go to working - expenses and plant, a mining property which ought' to be cheap at a million-" This "seems generosity without adequate "motive, and we should think the money'had better'be raised in Victoria, •where the gift of so valuable^ a property might Le' better appreciated "than ifc is likely to be her?," ' ''