MINING NEWS

New Zealand Herald, Volume LXXVI, Issue 23486, 25 October 1939, Page 5

MINING NEWS

OPERATIONS OF SKIPPERS - A loss of .0807 is reported by SkipMKTs, Limited (Otago), for the year fiiiflotl June :)0. This compares with a less of £101(J in the previous year. No S'MI production took place during the Jtar, all efforts being mainly concentrated upon reducing the company's litessinjr debts and carrying on negotiations for 1 tribute work. Sales have made of surplus materials and plant and also an agreement bas been <aade for tribute work which has been . ' Sanctioned bv the Warden's Court. The directors also report that considera- ' tltrn has been given to the winding up the company, but they consider such stop against the interests of both shareholders and' creditors. KUALA KAMPAR PAYMENT x Kuala Katnp nr Tin Fields. Limited. >'*f ~ v States, has declared a dividend 2d sterling a share, onvnhle on November 2. YIELDS OF COMPANIES dredging (Murchisoij).— \t" rr ! rn fl-500 yards in 130 hours, en Junction (Murrliisnn). — '■ 10,000 yards in 421 bours. —• •looiilight ( \Yest Coast).—lo4 )oz. °f -100 hours' sluicing. liS ''tyago).—osoz. for 12!) ,/ /°k'«rito (South Westland).-;i2joz. ' {ftr 12) Imurs -RAILWAY expresses p ' 'lTtlii e e ss 1 MUIM leave Auckland In-day for:— •Ola . t'-" 1 •; Rotorua. TaneatuVv. £ ml rnnca and 8,-10 a a.m.; \\ hanyaroi and Opua :i„& r^. ,rai,ls :imv '' '"day from: —WVIIp.m inn' :llu ' !,:,n a.m.; Riitorua. -1.0 Q. 20 r V,-! ; Taur.iu'M and Taneatua. iMi - " hansraroi and Opua, p.m. EXHIBITION OF MINIATURES - ' lal e\l l i 1 >itn)ll of miniature 'V being 11 e< 1 in the t'i conclude on iailv' c paintings are on displav Siimda, *! 1 ,, 1 ' n - ni - tn 4 "' ?0 P-m. () » '4.30 n • , llo ." ! ? ,v !'l ht> 2 p.m. to P«ni.. Admission is fieo, i