Bulolo's Losses
p. 52 · Read in the full issue
Mr. L. V. Waterhouse Severely Injured
JUST at the time when its claims upon the Australian War Damage Fund are receiving attention, Bulolo Gold Dredging, Ltd. (New Guinea’s most suc cessful gold-mining company) has had the bad luck to lose temporarily the ser vices of its well-known technical director, Mr. Leslie V. Waterhouse.
Mr, Waterhouse was returning to Syd ney from North America in March when his ship was caught in a North Pacific storm. Mr. Waterhouse was thrown violently down in his cabin, and some bones in his back were broken, or dis placed. He has spent several weeks undqr expert attention, in hospital in Sydney, and has suffered great pain; but it is reported now that he is making pro gress tpwards recovery.
The war damage claims of Bulolo Gold Dredging, Ltd., for assets totally or par tially destroyed, amount to 3,582,761 Canadian dollars (approx. £A,1,074,800).
These claims are in respect of aeroplanes, plant, buildings, stores and requisitions made by the Armed Forces,