KAURI TIMBER CO.
PRESS ASSOCIATION—COPYRIGHT Melbourne, Dec. 5 At a meeting of the Kauri Company ths report was adopted, It showed a marked improvement. The profits for the year wero £36,395, with undivided profit' brought forward making £51,689 available for distribution, A dividend of 4 per centum was declared, absorbing £23,408 ; £8289 was carried forward. During the year debentures were reduced by £36,000, leaving them at £126,000. The saving in way repairs and interest charges totalled £3OO, Too prospeoSß for the current year ware slated to be vary promising. When the strike in ths building trade was settled the shareholders oouldlook forward to having a very good time.
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Bibliographic details
Gisborne Times, Volume XXIV, Issue 1952, 7 December 1906, Page 2
Word Count
108KAURI TIMBER CO. Gisborne Times, Volume XXIV, Issue 1952, 7 December 1906, Page 2
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