MINING
RIMU DREDGE. For the clean-up period ending 21st August, 2030zs of gold were recovered in 124 hours 59 minutes, from 41,697 yards. NORTH BROKEN HILL. The quarterly dividend of 6d a share announced by North Broken Hill, Ltd., is tlie fourth quarterly payment for the financial -year ended June. 30, ‘and makes a total of 2s a share of os, or 40 per cent, for the year, against 3s, or 60 per cent., in the previous year, and Os, or 120 per cent., in 1937. The payment, which will require £70,000, will bring the total dividend distribution of the company up to £9,160,190. CLUTHA.
The Olutha River return is 1440 z. in 124 hours. OKARITO. Tho 'Okarito return is 490 z. odwt. in 132* hours. M ATARI. The Mataki return for the week ended August 18 was 30oz. for 133 hours work and 11,400 yards. GTLLESPTE’S BEACH. The Gillespie’s Beach return is 58oz. for 210 hours and 24,247 yards.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HOG19390822.2.54
Bibliographic details
Hokitika Guardian, 22 August 1939, Page 6
Word Count
160MINING Hokitika Guardian, 22 August 1939, Page 6
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.