WAIHI GRAND JUNCTION
Dividend Unchanged Dominion Special Service. Auckland. May 21. The profits of the Waihi Grand Junction Gold Co., Ltd., were again lower for the rear ended December 31. 1935. Net earnings were £6585, after transferring £l5OO from development reserve account, against £6839 shown in the previous year, when £9OO was appropriated from the exchange reserve account. According to cabled advice received from London by the New Zealand attorney, Mr. It. G. Milligan, the directors are recommending payment of a dividend at tho unchanged rate of 4d. per share, free of income tax. equal to 111 2-3 per eent. Tito dividend requires £6900, and £3292 is carired forward, against £309 brought into the accounls.
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Bibliographic details
Dominion, Volume 29, Issue 201, 22 May 1936, Page 14
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115WAIHI GRAND JUNCTION Dominion, Volume 29, Issue 201, 22 May 1936, Page 14
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