29 MARCH 1935, Page 34
RAND MINES REPORT.
As might have been expected in view of the steady increase in the price of gold, the annual report of Rand Mines, Ltd., gives excellent results for 1934, the profit of £862,133 comparing with- £764,347 for the previous year. Owing, however, to the lower unappropriated balance brought in the available balance was rather smaller at £1,379,731. The dividend for the year is 150 per cent., and on the present price of the shares the yield to the investor is about 41 per cent.