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MILLIONS RECOVERED

■WONDERFUL SALVAGE FEAT.

(OMTBD PBfesi ABSOCIAtioN.^-^dplitlaHf.) (ADST4ALTAN - HEW ZEALAND CA»'lV' AUOCIATIAir.) LONDON, 23rd AugiiSt.. Nearly the whole; of the fiS.OOO'.OOO worth of jbullion sunk with the Laujjentic, which was^ tdrp6doed in January", 1917, off Lpugt S\yilly, has beeit recovered. The ship lies nearly 120 feet below 1 thel surface, and Admiralty divers have been three yeaTS recovering the bars of gold and silver arid specie. In 1921, treasure vtorth' £600,000 was recovered. Th6~ bullibn raised this yeir is worth nearly £2,000,000, arid it is expected' that by, the end of September the last bar of gold will be raised; The Admiralty will thin issue a report on this amaziritt diving feet. . T.he tuition was cbiisign'e'd to American bankers.

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https://paperspast.natlib.govt.nz/newspapers/EP19230827.2.51

Bibliographic details

Evening Post, Volume CVI, Issue 49, 27 August 1923, Page 7

Word Count
120

MILLIONS RECOVERED Evening Post, Volume CVI, Issue 49, 27 August 1923, Page 7

MILLIONS RECOVERED Evening Post, Volume CVI, Issue 49, 27 August 1923, Page 7