The Mining Magazine, Vol. 27

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Excerpt from The Mining Magazine, Vol. 27: From July to December, 1922Introductory. - The outlook is Slowly but steadily improving. The end of the engineers' lock-out has put life into the manufacturing trades once more, and the iron and steel output is gradually increasing. The Irish position seems more hopeful now that the Provisional Government has tackled the rebels. The Continental position is, however, bad, the further fall in the mark being the latest evidence Of this.Transvaal. - ~to most people's surprise a number of the mining companies on the Rand have declared dividends for the first half Of 1922. Seeing not only that the production Of gold was at a standstill for two months, but that the expenditure during that time was considerable, a general suspension of dividends would have been justified. Also the provision of funds for the purchase of ex-enemy shares might be expected to deplete the companies' financial resources. But there is a general feeling of optimism with regard. To the future efficiency of labour, and the declaration of dividends re¿ects this attitude. Some con trolling houses have, however, preferred to keep their funds in hand. The accompanying table gives the dividends declared.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.