THE ENTERPRISE GOL D DREDGING COMPANY (NO LIABILITY).
The directors, in their r>i>'jrt for the half year ending SOIL June, ]S!)S, ray that the returns of f.tild for the six month? have been 6710z lSdwt 21 gr, which lealised £2201 17? 3d, out of which the hoard has been enabled to pay 8< per share in dividends and inciease the reserve fund by £150, the )escrve now standing at £V.O. The dredffe hs.s been lcfpii at work v.-ry fcica'iily, thinks to the cxicful man»gc-ni( nl of tfce dredgema&ter (Mr Luke) and his m?n. and the weekly r stums of gold liave 1 een regular and s^ti'frfciory. On the 27th June the dredge was laid up for the half-yearly overhaul, which will take about four wofks to conv,>l<?t>\ Tt will then be in first-class ord;r, and yrur directors hxv> every confidence tint \h<\ yield of gold from th» claim will continue jroml and vafuni lv^uliy dividciida to the share-
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Bibliographic details
Otago Witness, Issue 2317, 28 July 1898, Page 20
Word Count
158THE ENTERPRISE GOLD DREDGING COMPANY (NO LIABILITY). Otago Witness, Issue 2317, 28 July 1898, Page 20
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