OIL INDUSTRY
COMMONWEALTH CORPORATION. (Rec. July 9, 5.5 p.m.) London, July 7. A meeting of tho Commonwealth Oil Corporation adopted a report which showed that the net result nf the year’s working was n loss of .£4625, after making allowance for .£II,OCT, handed over by the receiver. Mr. David Fell referred to the serious effect of the strike, and hoped that there would be no recurrence. He said that the outlook and prospects had greatly improved, and the Federal Government had recognised the importance of the oil industry by granting a bounty. -Aus.-N.Z. Cable Assn.
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Dominion, Volume 14, Issue 245, 11 July 1921, Page 5
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95OIL INDUSTRY Dominion, Volume 14, Issue 245, 11 July 1921, Page 5
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