WEALTH OF THE RAND
£11,340,025 IN DIVIDENDS LAST YEAR. Johannesburg, February 27. i At the annual meeting of the Chamber of Mines, the president; Mr Elkan, stated that the total dividend? from the mining industry in 1912 amounted to £11,340,025, and were distributed as follows : £ Gold mines ... 8,284,07/7 Diamond mines ... 360,000 Collieries ... 292,874 Tin mines ... 108,700 Finance companies 2,394,374
The total diamond production had been 2,131,406 carats, valued at £2,.386,979, for which the Premier Mine had been responsible for 2,047,187 carats, as against 1,800,000 carats foi 1911. The Premier Mine had declared dividends amounting to £360,000 —an increase of £60,000. 1 The coal production of the Trans vaal had increased from 4,313,680 ton? in 1911 to 4,751,850 tons.
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Stratford Evening Post, Volume XXXVI, Issue 3, 8 May 1913, Page 2
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118WEALTH OF THE RAND Stratford Evening Post, Volume XXXVI, Issue 3, 8 May 1913, Page 2
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