MINING.
'■ : • , » MINING NOTES. ■ The directors of •the Waikska" United Golddredging Company have declared their first dividend of Is per .share, payable on June 16. The directors of the New Greenstone Golddredging Company have ißsqed. a circular, stating that the dredge requires ,new , buckets, links and pins, and *he directors have been unable to raise a loan. ' They have no doubt I that tie claim will pay When they have proper machinery to work "ft, but iihe company now owos £1250, and, in order to pay oil this amount and provide nevr machinery, it is proposed to issue 2000 preference shares, giving a preference dividend up <to 20s; per share. If the additional capital, is rioti lound _by shareholders, the company will hive to wind up. A special meeting of shareholders Ninas been ca'l'ed to. deal with the matter. The directors, of the Waimumu Queen Goldt dredging Company 'have declared a dividend j (the aixt'h) of Is per share, payable to-day, j
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https://paperspast.natlib.govt.nz/newspapers/TS19030610.2.42
Bibliographic details
Star (Christchurch), Issue 7727, 10 June 1903, Page 3
Word Count
161MINING. Star (Christchurch), Issue 7727, 10 June 1903, Page 3
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