MINING NEWS.
LATEST DREDGING RETURNS. Wuikaka. United No. 1; JHoz ludwt, 121 hours. Waikaka United No. 2; 12oz Bdwt, 132 hours. Rising bun; 13oz, 1.30 hours. Rise and Shine No. 1: Olio/, lidwf, 120 hours. Manuherikia: 350z, .1.70 hours. Olrig; Ooz 7dwl, week. Muddy Creek jNof (2: Boz. LBdwl, ■l2l. hours. Rise and Shine No. 2; lOoz J2d\vt, .130 hours. Central Charlton: Uoz .'.3dwl, J 2.1 hours.
WAIKAKA UNITED. The annual repot! of the Waikaka I'nited Gold Dredging Company slates thai the company have carried on operations lor the past twelve months very successfully, as is shown by the fact that they have distributed in dividends to the shareholders the amount of 12s Gd per share, or a. total of .1:7000. No. 1 dredge during Hie year produced 00 weekly returns, the value of same Ijcing XfiO'-U l-ls M. No. 2 dredge during the yrnr also had ."i<l weekly returns, of a total value of £O2OI 7.S (3d. The total dividends paid to the dato of this liuUinee-sheet amounted to OOsper shuiv, maWing a total of £33,000, and since the closing of the hooks a. further dividend of Is per share has been pu>d, making £34,Iti'.l paid to shareholder'.. .Messrs J. Alacgregor and ]{. Lee were re-elected to the directorate and .Mr (i. Blytli was reappointed auditor
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https://paperspast.natlib.govt.nz/newspapers/ME19090315.2.53
Bibliographic details
Mataura Ensign, 15 March 1909, Page 4
Word Count
216MINING NEWS. Mataura Ensign, 15 March 1909, Page 4
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