Tuesday, April 17, 2018

Numismatics teams up with Scripophily in Leuven

Interested in antique stocks and bonds from Belgium and Belgian Congo ? Looking for Russian bonds, French railway shares, and lots of other scripophily items ? Then there is a good chance to find what you want at the 52nd International Numismatic Collector's Bourse in the Brabanthal, Leuven, Belgium.

1899 share from Les Produits du Mayombe
This 1899 share from Les Produits du Mayombe,
designed in art nouveau style by the artist F. Wylands,
can still be found at a reasonable price.

The event takes place on 1 May, 2018 and is an initiative from Numismatica Leuven in cooperation with the Belgische Vereniging voor Scriptofilie (Belgian Association for Scripophily). The bourse attracts hundreds of table holders from nearly 20 countries and will feature up to 40 tables of scripophily dealers and/or collectors.

Grand Bazar de la Place Saint-Lambert, Liège, share from 1924
Many antique securities were illustrated with nice vignettes.
This share from Le Grand Bazar de la Place Saint-Lambert, Liège,
was issued in 1924 and printed by Lith. La Cote Libre from Brussels.
Click-image to enlarge

More details : 

F.L.

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Sunday, April 8, 2018

Antwerp puts treasures from Egypt on the block

The 60th auction of Mario Boone takes place on 14 April with an exceptional large range of high quality collectibles from all over the world. The sale offers about 8,900 antique stocks and bonds spread over 1,939 various sized lots. The items to be sold represent nearly 100 countries and span 800 years of financial history (13th -21th century). 


Before getting into more details on the numerous rarities and remarkable certificates, I have to talk first about the unprecedented, top-notch scripophily from Egypt that is at stake in this auction. Boone's sale includes 1,171 bond and shares certificate from Egyptian companies and governments. Collectors and investors interested in such an unparalleled variety of Egyptian scripophily have several auction sections to look into.

Chemin de Fer Keneh-Assouan 3.5% bond of £20 Cairo, 1925 part of the "Pharaonic Collection" lot 1877


Chemin de Fer Keneh-Assouan 
3.5% bond of £20, Cairo, 1925 
part of the "Pharaonic Collection" lot 1877
click image to enlarge

The regular Egypt section, lots 248 through 261, contains a Canal Maritime de Suez, starting at a modest €200, and a Ciments d'Egypte Massarah (Caire) share, €500, equally rare and stunning. 

Another series of Egyptian rarities can be found in the Simar Empain collection which also comes under the hammer. For many decades the late Jacques Simar built up a scripophily collection related to Baron Edouard Empain. Simar published a book on the subject, see here. Edouard Empain, Belgian captain of industry, is known for building the Paris Métro and the district of Heliopolis in Cairo. You can find the Empain Egypt items in lot range 549-576 which includes several sought-after certificates like specimen bonds from the Tramways du Caire, from €200, and the Heliopolis Palace Hotel du Caire, starting at €100.

The sale of Egyptian scripophily peaks with the most complete collection ever brought together. The "Pharaonic" collection includes 1,096 bonds and shares representing Egypt's financial history from the 19th and 20th century. Included are numerous interesting, decorative and historic securities, to name a few : Soufrière d'Égypte, Egyptian Guaranteed 3% Loan, Canal Maritime de Suez, City of Alexandria, Bank of Abyssinia, Banque Egyptienne de Commerce, Marconi Radio Telegraph Co of Egypt, Kodak (Egypt), Investment Bank of Egypt, Nationalization-Loan of the United Arabic Republic and many more. The collection is offered as one lot (1877) and may be acquired from €79,000.


Another, much smaller collection, to be sold in a single lot consists of 134 classic Egyptian certificates. Bids for this lot (1892) are invited from €1,400.

Apart from all those pyramids, sphinxes, scarabs, cobras and hieroglyphs, the sale offers more than 7,500 bonds and shares from other countries as well. And as is the case with Egypt, countries are presented either by their own regular section, as a part of the Simar Empain collection, or may be found as a collection or group lot. Let me discuss some of the highlights.

Banque Hypothécaire Franco-Egyptienne, 1910, share certifcate


Banque Hypothécaire Franco-Egyptienne 
F500 shares, Paris, 1910 
 part of the "Pharaonic Collection" lot 1877

As you can expect from a Boone auction, the Belgian section is substantial (lot range 328-456) and opens with a medieval loan on vellum from 1469. Written in Latin, the document, lot 328, is one of the oldest financial documents related to the region of Kortrijk and is expected to fetch at least €2,000. A rare and decorative highlight will certainly interest collectors of zoo scripophily. The share in Société d'Histoire Naturelle à Gand, dated 1852, illustrated with vignettes of a lion, tiger, ostrich, peacocks, crocodiles and many more animals, can be obtained from €2,000.

More remarkable Belgium scripophily can be found in the Empain collection, lot range 457-511. Here, Banque Industrielle Belge (Ancienne Banque E.-L.-J. Empain) is historical to Belgium's financial history. The bank was Edouard Empain's major investment vehicle. The number 1 certificate offered in the sale, represents 76% of all shares, is issued to Empain and starts at €500.


In the Austro-Hungarian Empire section, an extremely rare Thiergarten-Gesellschaft in Wien from 1862 can be fetched from €800. The Grandhotel Pupp, a location for movies Last Holiday (Queen Latifah) and Casino Royale (James Bond Daniel Craig), can be acquired from €50. Hey, movie locations, wouldn't that be an interesting theme to collect.

Denmark scripophily is not often seen. The sale includes 11 certificates (lots 692-702) including a Kjobenhavns Sommer-Tivoli share from 1918. The Tivoli amusement park opened its doors in 1843. Start price €500.

Thé Tôt-Lam, F100 share, 1912, Indochina lot 134 in the auction, start price €600

Thé Tôt-Lam 
F100 share, 1912, Indochina
lot 134 in the auction, start price €600

The Compagnie Royale de l'Assiente, one of the earliest French companies, was active in slave trading. Only one other share is known, bids are welcome from €10,000 (lot 709) for its 3000 Livres share, issued 1704. France has left us so many decorative bond and share certificates and this occasion is not an exception to that. Great work of art can be admired on a share from the L'Union des Mines, start price €60. Further, you should check out how Bacchus is having the time of his life on Cave des Affaires, €200.

Probably the most fascinating, lot 1433, is a Spanish financial loan document from the year 1279! Latin script on parchment, this notary act of a bank deposit of 500 solds to a Catalonian banker is the earliest known privately owned banking document.  €15,000 start price.




Viet Nam Ngan Hang - Banque du Vietnam
first bank in Vietnam founded and managed by Vietnamese 
share of 15.000$, Saigon, 1973
lot 177 in the auction, start price €1,400

Some highlights from the big scripophily countries China, Russia, USA and Germany :

  • A $1000 Republic of China 6% Secured Gold Loan Treasure Note from 1919, with pagoda vignette, should have been redeemed by a 1937 bond issue. A rarity like this starts at €1,000.  
  • The Bukharan People's Soviet Republic was a short-lived city state from 1920 to 1925 located in today's Uzbekistan. The sale includes a rare, Bukharan bond from 1923 and can be obtained from  €200.
  • In the US section, you can't miss a Proprietors of the New Theatre share. Issued 1791, with a huge vignette of the Philadelphia theatre to be constructed, this is the oldest theatre scripophily seen yet. Bids are invited from €5,000. You can find out more about the American railway section here on the Coxrail blog.
  • The German section starts with two bonds, dated 1808, from Napoleon's Kingdom of Westphalia. Bids can start at €400 and €300.


There is lots more to discover from other countries and all kinds of collecting themes in this sale. Dig through the auction catalogue, 263 pages, and/or use the indexes on countries, themes, Belgian provinces, autographs, artists & engravers and printer companies to find your treasures.

The day after the sale, Mario Boone organizes his regular scripophily bourse internationally attended by dealers and visitors.

Auction details
  • Location : Antwerpen, Belgium
  • Date : auction 14 April 2018, bourse 15 April 2018
  • Further info : online catalogue  here, and PDF version there 
  • The "Pharaonic Collection" can be viewed in detail here 

F.L.

Saturday, March 31, 2018

India Textile Industry Directories

The first steam powered cotton mill in India was founded in 1818 near Howrah, Kolkata as the Fort Gloster Mills. It was later renamed into the Bowreah Cotton Mills. The Oriental Hosiery Ltd, 1833, and the Wellington Jute Mills, 1855, were also set up in the Kolkata region. The first cotton mill that became operational in Mumbai, 1856, was the Bombay Spinning and Weaving Company. Demand for Indian cotton became heavy due to the American Civil War (1861-1865). By the 20th century hundreds of factories were set up in "mill village" Girangaon, Bombay, which became the Lancashire of India.


1926 share certificate from The Gold Mohur Mills, Bombay

The Gold Mohur Mills Limited, 100 Rupees share certificate, 1926 
Registered in 1926, the company's mills were situated at Dadar, Bombay 
and were equipped with 40,540 spindles and 1,020 looms. 
Capital: Rs.25,000,000 in 25,000 shares of Rs.100 each, fully paid. 
source : Handbook of  Textile Industry 1948, Bureau of Economic Research


When it comes to Indian scripophily, you can't miss the many, often charming, textile securities. Researching the companies and people behind these certificates is not always easy. Luckily, the Internet Archive, a non-profit library of millions of free resources, made available two interesting works for that purpose : 
Both digitized books contain lots of historic information and statistics on the cotton, woolen, worsted, jute, rayon and hosiery industries and the like. Each book has directories of the companies involved with a short description and their directors. Both can be downloaded as a large PDF file, but only the online versions are searchable.



The Gold Mohur Mill's share shows a mohur in the underprint. (click to enlarge ) 
The mohur is a 26 mm diam. gold coin, hence 'Gold Mohur'. 
Several types were minted in British India and the local princely states allied with it. 
obverse: head of Queen Victoria, 'VICTORIA QUEEN 1841
reverse: lion and palm tree, 'EAST INDIA COMPANY ONE MOHUR
The lion represents the British Crown and the palm tree the East. 


F.L.

An interesting read? Why not sign the Guest book ? 

Wednesday, March 28, 2018

Spink UK presents hundreds of antique securities in upcoming April auction

SPINK's Bonds & Shares Department was created in London in 2008 when specialist Mike Veissid joined Spink. It's upcoming, online sale on 4 April, 2018, features about 400 lots of antique bonds and shares representing all continents. 

Art lovers can find securities designed by artists like L. Blombed, G. Bonnet, A. Mucha and the exceptionally Alfredo Roque Gameiro who illustrated this Adamastor share from 1918.


Companhia de Seguros Luso-Sul Americana, Adamastor
1 share of Esc 200$00, 1918
design by Alfredo Roque Gameiro
lot 241 in the auction, estimated at £200-250

The Companhia de Seguros Luso-Sul Americana, Adamastor, in English: Portuguese-South American Insurance Company, Adamastor, was a marine insurance company founded in 1918. The company operated both in Portugal and Brazil.
The design of the company's share, printed as a litho, was made by the Portuguese artist Alfredo Roque Gameiro (1864-1935). Roque Gameiro, painter and illustrator, specialized in water color painting. He studied fine arts in Lissabon and lithography in Leipzig. 
The company's name and its choice of artist is not coincidental. Adamastor is a Greek mythological character representing the dangers at sea. Adamas (ἀδάμας) is Greek meaning "untameable". Luís de Camões uses the character Adamastor in his epic Os Lusíadas (1572). Adamastor symbolizes the forces of nature Portuguese navigators had to overcome during their discoveries. In 1900 Camões' work is printed again by the Empreza da História da Portugal as the Os Lusíadas, Grande Edição Illustrada. It is co-illustrated by Roque Gameiro. One of his illustrations from that work is displayed below.

source : A TRIBO DOS PINCÉIS
roquegameiro.org

The SPINK sale includes shares and bonds from the UK, Russia, France, Australia, Austria, Mexico, USA and much more. Each section contains several group lots with sharp start prices that will interest both starting and advanced collectors. E.g. lot 19 comprises three Egyptian shares from the early 1900s and starts from £80. A noteworthy Chinese government and railway bond section includes for example a rare 1913 £1,000 bond from the 6% Arnhold Karberg Chinese Central Government Loan with a £2,500-3,000 estimate (lot 116). There is more to discover in the catalogue.


Auction details
  • Location : online auction only
  • Date : 4 April 2018
  • Further info : see Spink's online catalogue with full color images, here, and PDF version there 
F.L.

Thursday, March 8, 2018

Archives International Auctions sells Vigo Bay Treasure history

AIA offers nearly 300 lots of historical stocks and bonds in a double sesssion auction. Among the many attractive certificates is an incredible stock certificate from The Vigo Bay Treasure Company. 


The Vigo Bay Treasure Company of Camden, N.J. 
$100 shares certificate, 1886
lot 825 in the auction

The Philadelphia based Vigo Bay Treasure Company was founded in 1884 for finding the sunken Santa Cristo de Maracaibo. This ship, loaded with silver coins and gold from Cuba, was taken by the British after the Battle of Vigo Bay (Spain) in 1702. On its way to England, the ship collided with a rock and sank.
The Spanish government granted several concessions for the recuperation of the lost galleons and their cargo. All attempts remained fruitless. The New York Times (NYT), Apr 2, 1874, reports about the Spanish concessions and mentions a silver and gold treasure worth $37,000,000. 
John J. Boyle, General Manager of the Vigo Bay Treasure Company, is quoted in the NYT, Apr 30, 1885 : "The Vigo Bay Company has a contract with the Spanish Government to attempt to recover it, one-fourth of the proceeds to belong to the Government.". 
That same year the company lifts a galleon's hull, but the weight of the mud inside breaks it into pieces. No further results were achieved and on June 26, 1888, the company was declared insolvent. The following day, the NYT reports : Nearly $300,000 worth of the stock was subscribed for and about $60,000 was expended in endeavouring to find the sunken treasure. It is claimed that the assets of the company amount to but a few hundred dollars.




Along with antique stocks and bonds AIA's 47th sale presents hundreds of US, Chinese & Worldwide banknotes, coins, historic and security printing ephemera. 

Auction details
  • Location : Fort Lee, New Jersey
  • Date : 13 March 2018
  • Further info : see AIA , online catalogue here and PDF version there 

F.L.

PS: You might want to read more about AIA's highlights on CoinsWeekly 

Wednesday, February 28, 2018

Did the Republic of Austria start as a communist state ?

The Russian Revolution in 1917 led to the rise of the Soviet Union. The First Austrian Republic was created in 1919. Was Austria a communist state ? A daring statement. Let us have a look at Austria's coat of arms illustrated on the following bond.

4% Austrian lottery bond of  200 Kronen, 1920  with detail of Austrian coat of arms
4% Austrian lottery bond of  200 Krone, 1920 

Now check the emblem of the Soviet Union. It is depicted on the following  government loan. Do you see the similarities ?

USSR internal loan of the second five-year plan, 25 Rouble, 1935 with soviet emblem
USSR internal loan of the second five-year plan, 25 Rouble, 1935
This rare bond was auctioned by HWPH on 15 Oct 2016
together with a similar looking certificate, for €4,000
courtesy HWPH 

That's right, the Austrian eagle holds in its claws a hammer and a sickle, the main attributes of the soviet shield. Austria introduced its new shield in 1919 when it became a republic. Before that, Austria's coat of arms looked different as you can see here.

200 Krone bond from the 8th Austrian War Loan, 1918 design by Alfred Offner in Vienna Secession style
200 Krone bond from the 8th Austrian War Loan, 1918
design by Alfred Offner in Vienna Secession style 

Till the end of World War I, Austria was part of the Austro-Hungarian Empire, the Dual Monarchy. That's why we see a double-headed eagle on the previous bond.

After WWI Austria decided to change the looks of its eagle. Its sword and scepter was replaced with a sickle, its orb with a hammer. Up to the present, the Republic of Austria has been using that shield  on government bonds but also on banknotes and coins. 

Austrian Shilling banknote and coin with hammer and sickle eagle
above : 20 Shilling banknote, 1986, shield in upper left corner
below : 10 Shilling coin, 1974, by Awmcphee (Own work) [CC0], via Wikimedia Commons


The key question remains why Austria started using a hammer and a sickle in its shield ? Was it about communism ? I found the answer in a newsletter from CoinsWeekly/MünzenWoche which referred to THIS INTRIGUING VIDEO (5 min.) from the MoneyMuseum. Enjoy watching!

F.L.

Related links

Friday, January 19, 2018

Heading for Saudi Arabia on a warship

In Aug 2010, ebay listed an antique share certificate from the Saudi Arabian Mining Syndicate. The company was incorporated in the Bahama Islands, and the certificate looked as if it was printed in the USA. Thus, three nations were represented in one certificate, and that made me curious.

Some research revealed that the company mined the Mahd adh Dhabab area where, during the reign of King Solomon (961-922 B.C.), gold, silver and copper were digged. The area is located in the Al Madina province of the Hejaz region of Saudi Arabia. Mahd adh Dhabab means actually “Cradle of Gold”. Four months later, I wrote a small article for my blog about that fascinating operation.

Saudi Arabian Mining Syndicate Ltd
stock certificate for shares of 5 Shillings, 1948

Now, blogging often brings surprises. I say this to you because once you have described a share certificate online, that certificate starts to live online, and it develops an elephant’s memory on its own. It will always remember what you did for it. Let me explain. It happens that people contact you for telling that they have a certificate like the one you described online, or they tell you that they have worked for the featured company. 

In this case, the surprise came six years after I wrote that blog article. That Saudi Arabian Mining Syndicate (SAMS) share got me in contact with Ms. Laurel F. She sent me an email in which she explained that she was collecting info on her father’s background for genealogy purposes. Laurel also told me that her father, Joseph H. Schlobohm, was hired by the American Smelting and Refinery Company (ASRC) when he was 22 in 1938. He'd been the job foreman at the SAMS site when they were first going to go underground.


American Smelting and Refining Company
American Bank Note Co specimen 100 share preferred certificate
unknown issued,  allegedly due to a flood in the company's archives
courtesy Max Hensley, International Bond and Share Society 

Seven years earlier, back in 1931, King Abdul Aziz assigned the American geologist K.S. Twitchell the task to investigate the presence of oil and minerals in the Kingdom of Saudi Arabia. Twitchell found oil in the Eastern Province, but also gold in the Hejaz Region in 1932. The Arabian government and the ASRC formed in 1935 the Saudi Arabian Mining Syndicate for the operation of the Mahd ad Dhahab gold mine. Activities began in 1936.

With her email, Laurel F also included a newspaper story about her father’s mission brought by the The Daily Argus, Mount Vernon, N.Y., Thursday, March 14, 1940. It goes like this.

Joseph H. Schlobohm leaves Saturday (March 16, 1940) aboard the SS Exochorda of the American Export Lines on the first lap of a 30-day trip. He will journey by boat, rail, automobile and camel to Hejaz, a small village 250 miles inland from the port of Jedda where the Saudi Arabian Mining Syndicate Ltd, operates the mine which once produced priceless gifts for Cleopatra. Up until the present, the gold mine in Arabia has been worked on the surface. Now the owners have decided to mine underground and Schlobohm will be a foreman on the shaft sinking crew. "They tell me that the Arabs don't like to work under the surface," he says. "I guess part of my job will be to persuade them that there's really nothing to working six or seven thousand feet under."
The SS Exochorda will sail for Genoa from Pier P at Jersey City Saturday afternoon. Schlobohm will remain aboard the ship until it docks at Alexandria, Egypt. From that point he'll travel by rail to Suez where he is scheduled to board another steamer to Jedda. The trip to Hejaz from Jedda will be made on camels and will take four days.

22-year-old Joseph H. Schlobohm packs his bag 
for a long journey that will take him to Saudi Arabia, 
and a job as quarry foreman in the world's oldest mine. 
The Daily Argus, Mount Vernon, N.Y., Thursday, March 14, 1940


Joseph’s ship, the SS Exochorda was built in 1931 by the New York Shipbuilding Co, Camden, New Jersey. American Export Lines placed the ship in service between the US and the Mediterranean offering cargo transports and passenger cruises of up to 40 days. With a length of 475 ft 4 in (144.88 m) the ship operated at a maximum speed of 16 knots (about 18.4 mph, 29.6 kph).  

Eight months after Joseph embarked for Alexandria, the ship was acquired by the Navy 30 October 1940. The SS Exochorda was then converted to the USS Harry Lee. The Harry Lee was to transport troops to hostile shores in order to execute amphibious invasions. The vessel played an active role during World War II and participated in the invasion of  Sicily  (July 1943), Tarawa (Pacific, Nov 1943), the Marshall Islands (Jan 1944) and the Philippines (Jan 1945). Armed with 2 x 6" guns and 4 x 40 mm guns the ship had to protect itselves and its cargo of troops from submarine threats and heavy fighter aircraft attacks, including suicide planes.


Harry Lee (AP-17) at anchor, date and location unknown. 
US Navy photo from "US Amphibious Ships and Craft," by Norman Friedman, Wikipedia


The pre-war SS Exochorda was a member of a quartet of ships referred to as the (original) "4 Aces" of American Export Lines. All four vessels were taken over by the U.S. Navy, but the Exochorda was the only one that survived World War II. As the Harry Lee it received seven battle stars for World War II service.

When Joseph H. Schlobohm entered the ship that took him to Saudi Arabia for the first time, he could not know about the fate that awaited his ship. According to his newspaper interview, the only thing that worried Joseph about the whole business, was the fact that he's a rotten golfer. He concludes : "They tell me that the locals at Hejaz have laid out an 18-hole sand course," he explains. "And I never could get out of a sand trap!"


American Export Lines, Inc.
1961 US Government Insured Merchant Marine Bond

76 years later, Joseph’s daughter Laurel ends her e-mail sentimentally: I grew up hearing my father’s incredible stories of the trip overseas to the port of Jedda and then a few days by camel to the mine itself where he worked for a couple of years I believe. That job lead him onto to a fantastic career in mining. He travelled all over the world, spoke fluent arabic as well as a few other languages and I myself was fortunate enough to live overseas until I was about ten.  

And me, well, I feel like a time traveller.
F.L.

written with permission from Ms. Laurel F.

Monday, January 15, 2018

HWPH to sell TUI precursor at public auction

Historisches Wertpapierhaus AG is a major auction house when it comes to antique stock and bond certificates. The team around Matthias Schmitt kicks of the New Year with two consecutive sales. 

The first sale is a live auction at Würzburg, Germany, on 20th Jan 2018, followed two days later by an online auction. Both sales offer nearly 2400 lots of historic and beautiful antique stock and bond certificates from all continents. One of the many highlights is a share from Norddeutscher Lloyd, precursor of the multinational TUI Group.



An impressive vignette shows one of Norddeutscher Lloyd's transatlantic steam ships. 
On top of the second mast, the company flag is waving, barely recognizable. 
Click the image for more details. The flag shows a crossed anchor and key with an oak leaf wreath. 
The anchor represents the sea and the wreath stands for a united Germany. 
The key is the key of the Freie Hansestadt Bremen. 
The emblem is incorporated three more times in the share's design, see the image below.

TUI Group owns travel agencies, retail stores, hotels, cruise ships and airlines. It is one of the largest travel and tourism companies in the world. TUI's current name was adopted in 2002 but before that, it was called Preussag AG. Oddly enough, Preussag was originally a mining and foundry company.
Norddeutscher Lloyd was formed by merchants from Bremen in 1856. NLD's cargo and passenger transport activities growed as a result of emigration. The company started operating routes to England and the USA, and by the end of the 19th century to the Mediterranean, the Far East and Australia. Because of the Boxer Rebellion in China, Kaiser Wilhelm II seized in 1900 14 of NLD's ships for the transport of German troops.


Norddeutscher LLoyd 
1000 Mark share, Bremen, 1923 
printed by Giesecke & Devrient 
lot 552 in the auction, click to enlarge 

After both World War's large parts of NLD's fleet were either confiscated or destroyed. The company had to rebuild its business twice. After cooperating with the Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft (HAPAG) since the 1930s, both companies would merge in 1970 to form Hapag-LLoyd. 
Remember Preussag, our industrial conglomerate. That company transformed itself into a transport and tourism company after purchasing Hapag-Lloyd in 1997. Preussag changed its name into TUI in 2002. 



You can find more of these fascinating stocks and bonds in HWPH's sale catalogues. Here are the auction details :
  • Dates
    • 20 January 2018, Würzburg, Germany, public auction
    • 22 January 2018, online auction
  • Further info see here on HWPH


F.L.






Wednesday, January 3, 2018

The Mines of New South Wales 1897

The total output of coal in the colony for the year 1896 is officially recorded as 3,999,517 tons, valued at £1,125,280, while prior to 1829 the total amount produced was 50,000 tons, valued at £25,000.
The increase for last year on the preceding twelve months was 170,927 tons, and with the exception of the yield in 1891, which was 4,037,929 tons, the output was the highest for any year since the opening of the coal fields in 1829. 
Excerpt from The Mines of New South Wales 1897

Captain James Cook discovered New South Wales (NSW) in 1770 when he traveled along the unmapped eastern coast of Australia. NSW was originally a part of The Colony of New South Wales, a British penal colony that covered half of the Australian mainland, New Zealand and other islands in the Pacific Ocean. Coal mining in NSW began in the 1790s, but soon other minerals were discovered like copper, gold, tin, diamonds and much more.


When groundwater becomes an obstacle when digging deeper underground, pumps can remove the unwanted water from the mine. Dewatering often causes environmental problems when acid mine drainage can seep into the waterways. 


C. W. Carpenter compiled a mining manual for NSW, The Mines of New South Wales 1897. The book was published by George Robertson & Co. A copy from the New York Public Library was digitized by Google. It is available on the Internet Archive, a non-profit library of millions of free books, movies, software, music, websites, and more.. 

The book contains an overview of more than 1,300 mines grouped by mining district (MD) 
Albert, Bathurst, Clarence & Richmond, Cobar, Hunter & Macleay, Lachlan, Mudgee, New England, Peel & Uralla, Southern MD, Tambaroora and Turon, Tumut and Adelong.

Topics covered in several smaller chapters :
Batteries and Ore Reducing Works, Exploration Flotation and Promoting Companies, Cinnabar, Coal & Shale, Cobalt, Copper, Diamonds, Emeralds, Gold, Iron, Opals, Platinum, Shale, Silver & Lead, Tin.

Though not always where the reader expects it in the book, alphabetical indexes are included :
  • Mines
  • Legal Managers & Secretaries
  • Mine Managers
  • Mining Officials and Wardens
  • Mining Patents

The New Australian Broken Hill Consols, Limited
Stock certificate for shares of £1, issued 1899
This certificate was sold in Mario Boone's April 2017 auction for €80. 
image courtesy Mario Boone  

One of the companies listed in the book is The New Australian Broken Hill Consols, Limited. The company owned silver-lead properties in the Broken Hill area in the Albert Mining District. The three signatures on the certificate can easily be identified from the book :
  • Director : Standish Grady
  • Director : John Henry Ward (Chairman)
  • Secretary : F. Hartman

No doubt about it, the book is a valuable reference for anyone interested in Australian mining scripophily. You can find a downloadable PDF version of the book on the Internet Archive here. However, that version is (currently?) not searchable. If you want to search the volume on key words, then you can use this link

F.L.