Business Gossip
New Zealand Paper Mills Divide! The directors of the New Zealand P* i Mills, Ltd., states a Press AssocM message from Dunedin yesUn ruthorised the payment of an inten dividend of 3 per cent. Golden Bay Cement Company.—Nod:* ’ (lend was paid to shareholders of j j Golden Bay Cement Company for i year ended June 30, 1927. The dir* ••rs’ report recorded a profit of £I.W Sd for the year after writing off £5. ! tor depreciation. During the year J rangements were made for the compi remodelling of the works in order to b* ; possible the manufacture of the W cst quality cement at a low cost. LUCKY SHOT.—The mine roaaj reports under date October 27:— T 1 winze has been sunk 6ft for the j making si total distance of 41ft- " j country being passed through is * ! mild and carrying good mineral Kean* few small stringers of quartz are < showing in the bottom. There has w no work done this week on the main fl i ?oing north-east. The work of cut® , out chamber in main level should completed about the middle of next | when work will be resumed on niainr* I Three sets of timber have been placflo ]>osition this week in the drive on - foot-wall dropper.’’
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19271102.2.137
Bibliographic details
Sun (Auckland), Volume I, Issue 191, 2 November 1927, Page 12
Word Count
211Business Gossip Sun (Auckland), Volume I, Issue 191, 2 November 1927, Page 12
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