Stock Exchange Arcade, Charters Towers, c 1966. Dal patrimonio del Queensland Registerid=600406 ) . La borsa porticato fu costruito nel 1888 per la progettazione di Sydney architetto, Mark Cooper giorno per Alexander Malcolm come un negozio e ufficio arcade e nominato il Royal Arcade. Nel 1890 la Borsa ha preso i suoi uffici in arcade che divenne il focus delle miniere d'oro investimenti durante il periodo di picco del Queensland è più importante goldfield. L'oro è stato scoperto presso il sito di Charters Towers nel tardo 1871 da una prospezione pa
1422 x 1406 px | 24,1 x 23,8 cm | 9,5 x 9,4 inches | 150dpi
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Stock Exchange Arcade, Charters Towers, c 1966. Thanks to our wonderful Facebook detectives for identifying this! From the Queensland Heritage Registerid=600406 ) . The Stock Exchange Arcade was built in 1888 to the design of Sydney architect, Mark Cooper Day for Alexander Malcolm as a shop and office arcade and named the Royal Arcade. In 1890 the Stock Exchange took up its offices in the arcade which became the focus of gold-mining investment during the peak period of Queensland's most important goldfield. Gold was discovered at the site of Charters Towers in late 1871 by a prospecting party composed of Hugh Mosman, George Clark, James Fraser and an Aboriginal boy called Jupiter who worked for Mosman. By early 1872 a rush was in progress with an estimated 4, 500 on the field by the end of the year. In 1874, following goldfield regulations, a business area was marked out in an area believed to be non-auriferous. In 1877 when Charters Towers petitioned for incorporation as a municipality, this business area was defined as covering one square mile, measured as a half mile in each compass direction from the intersection of Gill and Mosman Streets. This area was the key business and social centre of the town. The economics of Charters Towers were closely bound up with the geology of the field. The gold was not alluvial, but in the form of reefs of gold-bearing ore. This meant that equipment to extract it and to dig shafts was needed from the start. There were several major reefs and they sloped downwards with loops and branches. The ore near the surface was extracted first. Later, deeper and deeper shafts were necessary to find and extract the gold. At first, small syndicates of miners, crushing mills and local business men financed the mines. As the lodes ran deeper, more capital was needed to exploit them than was available locally. In 1885 several Mining Agents formed themselves into a Mining Exchange. This made speculation through the buying and selling of min
