PRICE OF GOLD
AND COST OF PRODUCTION,
Cape Town, March 22. Speaking at the annual meeliug of (ho Chamber of Mines ,in Johannesburg, Mr. Wallers, President!-said .it wa* no use to delude themselves with the idea of a premium on gold at present. When gold returned to its standard value they would be faced with two alternatives—eilli«r half the industry must close down, or the cost of production, -including the cost of labour, must be reduced—A lis.N.Z. Cable A6sn. PREMIUM TO BE CHARGED IN AUSTRALIA. Melbourne, March 2.1. The Fedeial Government has decided to charge jewellers and other usei'S of gold a premium of 20s. per ounce—Press Assn.
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Dominion, Volume 13, Issue 153, 24 March 1920, Page 7
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108PRICE OF GOLD Dominion, Volume 13, Issue 153, 24 March 1920, Page 7
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