WEALTH OF BROKEN HILL
There are a few croakers around who hold the opinion that, as a result of the strenuous drain of the past 20 years upon tho marvellous silver-lead-zinc lode that has placed Broken Hill in the forefront as the world's greatest producer of the metals, the Barrier is worked out, and has become a, "has-been." Last week four companies declared dividends which mean a distribution of £53,000 among the shareholders. Tho dividends tfeclared are:—Broken Hill Block 10, 2s per share ; North Broken Hill, Is 6d; Broken Hill South, 2s; and Broken Hill Junction North, Is. The above distribution, added to those previously made by the four companies in question, will make their total disbursements £2,189,250. A striking feature is the fact that tho Broken Hill Junction North Company re-appears on the dividend list, after an absence of 13 years. Up to date tho Broken Ilill mines have paid nearly £14,000,000 in dividends, and the developments in some of the mines show that that remarkable field will bo paying dividends for many years to come.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19100314.2.8
Bibliographic details
Manawatu Standard, Volume 9165, Issue 9164, 14 March 1910, Page 2
Word Count
177WEALTH OF BROKEN HILL Manawatu Standard, Volume 9165, Issue 9164, 14 March 1910, Page 2
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in