GOLD DREDGING
DIVIDENDS DECLARED The Argo Gold Dredging Company, Limited, has declared a dividend (No 15) of one penny a share, free of income tax, on all the shares in the company, payable on August 1, This dividend represents a distribution of £2OOO to the shareholders, and makes a total of £29,200 paid in dividends since operations commenced. The sum of £4OO has been placed to the general reserve fund, which now stands at £3OOO. The Worksop Extended Gold Dredging Company, Limited, has declared a dividend (No. 11) of 10 per cent, free of income tax, on all the shares in the company, payable on Saturday, July 16. This dividend represents a distribution of £l6OOO to the shareholders, and makes a total of £17,600 paid in dividends since operations commenced. The sum of £l6O has been placed to the general reserve fund, which now stands at £1760.
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Wairarapa Times-Age, 8 July 1938, Page 3
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147GOLD DREDGING Wairarapa Times-Age, 8 July 1938, Page 3
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