BROKEN HILL MINES.
~,, . . . Sydney, April 27. Ihe decision of the Broken Hill proprietary not to declare a dividend this quarter came as a great shock to Bioken Hill people. The explanation that the low price of metals and the additional cost of working caused the directors to pass over the dividend is received with incredulity. The move is believed to be an indication (bat preparlalioi. is being Ul ade for some labor lOuble or severe slump i„ meM values. The chairman of directors states that h to vuess 0 f metal values and the inm ed eost 0 Rr od uc ti on aave dimin . shed the earnmgs of the company to 1, re? Dt , 1 £lO0 ' 00a Tl * w»P"V '*2W« t ,n,d a dividend •'"(1 could not pay one.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19080428.2.16.4
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, Volume LI, Issue 108, 28 April 1908, Page 2
Word count
Tapeke kupu
130BROKEN HILL MINES. Taranaki Daily News, Volume LI, Issue 108, 28 April 1908, Page 2
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in