GOLDMINING
Returns of dredges include:— Argo 24 ozs. for 119 hours, from 10,500 yards; Ngahere, 335 oz. for 256 hours from 122,489 yards; Gillespie’s 77 ozs. 13 dwt„ for 256 hours from 31,590 yards; Associated Dredges 89 ozs. from 32,000 yards. A dividend, (No. 22) of one penny per share (free of income tax) has been declared on all shares, and will be payable on April 1, 1942, by Argo Coy. This dividend represents a distribution of £2,000 to the sharehouders, which makes a total distribution of £43,200 paid in dividends, since operations commenced.
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Bibliographic details
Grey River Argus, 18 February 1942, Page 2
Word Count
94GOLDMINING Grey River Argus, 18 February 1942, Page 2
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