13 APRIL 1934, Page 44
WEST RAND CONSOLIDATED.
This important Mining Company has just issued a decidedly good Report, due, of course, in some measure to the great increase in the price of gold. The tons crushed amounted to 1,162,000, against 1,135,000 for the previous year, but the value of the yield was no less than 11,827,043, as compared with £1,277,691 in the previous year. Moreover, there was a reduction in working expenditure and the total profit was £896,063, against £324,669 for the previous year. In the light of these figures it is not surprising that the Company has been able to raise the dividend from 6i per cent. to 12i per cent.