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WESTPORT-STOCKTON COAL CO.

- ANNUAL REPORT. . The fifth annual report and balancesheet of the Westport-Stockton Coal Company for the" financial year ending 31st December, 1910, shows that owing to the severe fall in the demand for coal generally towards the close of the yeai', the results of the 'business for 1910 were not so satisfactory as was anticipated. The output for the year was 151,951 tons, :m increase over last year of 62,276 tons. The balance from profit and loss account amounts to £3771 10s 9d, which has been placed to depreciation account. The annual meeting has been convened at a later date than usual, as the directors hope to obtain, and be able to place before the shareholders, some important information regarding the future development of the mine. The directors retiring by rotation are Messrs. J. P. Newman and W. Recce, who, being eligible, offer themselves for re-election. The auditor, Mr. S. Whitta Thornton, retires, and is eligible: for re-election.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19110418.2.114

Bibliographic details

Evening Post, Volume LXXXI, Issue 90, 18 April 1911, Page 8

Word Count
160

WESTPORT-STOCKTON COAL CO. Evening Post, Volume LXXXI, Issue 90, 18 April 1911, Page 8

WESTPORT-STOCKTON COAL CO. Evening Post, Volume LXXXI, Issue 90, 18 April 1911, Page 8

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