. Factory and industrial management. TUh ; MlLl., LdiMvIAl. 1I:i).\1 ilil. iol d! illt Kiln,!,. CEMETERY FOR MINING MACHINERY, 678 THE ENGINEERING MAGAZINE. the severity of the existing slump from the fact that, during threeweeks last fall, the depreciation in twelve of the more importantcompanies amounted to no less than £8,250,000. With increasedfacilities for the transport of machinery and stores from the coast,the work of the next six months should add very materially to thegeneral knowledge of the mineral wealth of the country, and perhapseven result in an early output of
. Factory and industrial management. TUh ; MlLl., LdiMvIAl. 1I:i).\1 ilil. iol d! illt Kiln,!,. CEMETERY FOR MINING MACHINERY, 678 THE ENGINEERING MAGAZINE. the severity of the existing slump from the fact that, during threeweeks last fall, the depreciation in twelve of the more importantcompanies amounted to no less than £8,250,000. With increasedfacilities for the transport of machinery and stores from the coast,the work of the next six months should add very materially to thegeneral knowledge of the mineral wealth of the country, and perhapseven result in an early output of gold. The initial mistake made by amajority of the companies was in minimising the difficulties likely tobe encountered, with the result that shareholders became disheartened,not only on account of the market outlook, but also because theythought unjustifiably slow progress was being made in connection 1,300TONS 3,000TONS 3,000TONS 3,000TONS 3,000TONS 0 K 6 6 1,500TONSNCLINE DRIVE 3,000TONS 3,000TONS 3,000TONS 3,000 TONS ^ SHAFT 11,500TONS -A 3,000 TONS IB 1 3,000TONS IC 3,000TONS ID 1
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Keywords: ., bookcentury1800, bookdecade1890, booksubj, booksubjectengineering