GROUPED GOLD INTERESTS
Annual reports of mining and dredging companies in which Australian and New Zealand shareholders are jointly interested have been received, and are summarised as follows:-—
Rutherglen Gold Dumps, Ltd., net profit £19,574 for the year ended April 30, making, with £36,543 brought forward £56.117 available. Interim dividends were paid, June 26, 1939, 30 per cent., December 1, 1939, 30 per cent. Gold Dumps Proprietary Ltd., net profit of £11,255 for the year ended April 30. With £8553 brought forward £19,809 was available. Interim dividends during the year were: June 26, 1939, 5 per cent.; December 1, 1939, 10 per cent.
Clutha Development Ltd. reported that operations for the year ended April 30 resulted in a net loss of £2371.
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https://paperspast.natlib.govt.nz/newspapers/EP19401030.2.99.4
Bibliographic details
Evening Post, Volume CXXX, Issue 105, 30 October 1940, Page 10
Word Count
122GROUPED GOLD INTERESTS Evening Post, Volume CXXX, Issue 105, 30 October 1940, Page 10
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