BRITISH WAR LOAN

Evening Post, Volume CXVI, Issue 34, 9 August 1933, Page 10

BRITISH WAR LOAN

(Brltlsß Offlrtsil Wireless.) RUGBY, August 8. War Loan, 3'ii per cent., is quoted today at £99 ss.

The price on August 3 was £98 18s 9d

MINING AND DREDGING

OTA«:O ACTIVITIES

The Goldfl aids Dredging Co., Dunedin, has taken c/»v"er from Messrs. Joseph Sparrow ancY Sons the dredge operating on the Shot over River at Tucker Beach, lately ownef I by the Golden Terrace Dredging Co mp*any. The dredge was pur- j chased witlji the power plant complete from Messiss. J. Sparrow and Sons for the sum of; .£13,600. It is the company's expressed in tention to increase the capacity \)f the ;power plant to meet the demands 'in th c Lake County for power, and, as soon as t' he reports are to hand a conference is Jjeing arranged with the Lake County, Qj.ieenstown Borough Council, and certain mining interests with a view to the formation of a power board, and it is propos ed tliat the company will then sell its pa iver in bulk to -this newlyformed pt wer board. Weekly returns from the cr redge will be published on Tuesday of each week. NEIV ZEALAND CROWN. The anr mal report of the New Zealand Crown Mj.nes Company, Limited, for 1932, states the 'JHeraldV London correspondent, sho'i s a net profit of £708. The dividend/of lMsd a share, equivalent to Wv per cent}., tax free, announced on July 0, requires £595, leaving £113 to be carried forward. The market value of 'investment s at the end of last year was considerably' in excess of issued capital. The results 'for the first half of the present year ivrre entirely satisfactory. Mmm g operations were originally carried ou by the company at Karangahake.