MINING
OKARITO DREDGE. The Okarito dredge was stopped during the whole of last week while a new Rollon wheel on the main drive was being installed. Advantage was taken of th e stoppage t 0 overhaul the winches and fit new brake gear. Advice has been received from the. engineer as follows Dredging started 9 a.m. Monday. So far al,l sat’gfactory. Considerable increase in digging power. # ALEXANDER MINES. A dividend (No. 5) ‘of a shilling per share, payable on all fee share, s in the Alexander Mines Cc.mpa.ny, was declared on the 3rd instant, and is payable on November 17. This represents a distribution oi (£3750 free of income tax. The company's transfer books close from November 12 to 17, 1932 (both days inclusive). The fn.st'dividend was paid in January lost. The capital of the company comprises 29,000 fully paid-up shares of £1 each, a*nd 46,000 paid up to 13s 6d each-
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Hokitika Guardian, 12 November 1932, Page 6
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152MINING Hokitika Guardian, 12 November 1932, Page 6
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