KAURI TIMBER COY
NO DIVIDEND. 'By Telegraph —Per Brest Association) MELBOURNE, December 10. A trading loss of £10,408 is disclosed in the accounts of the TCauri Timber Company, Ltd. for the twelve months ended August 31st. The directors, in tne circumstances, regret the inability to pay a dividend. Less than £282 was brought forward from August 1930. The total debit now carried forward amounted to £10,126. The stocks are shown at valuation as £192,753. The company’s operations in the previous year resulted in a profit of £18,043, in respect to which a dividend of two and a-half per cent, was paid. Mr John Bishop was re-elected to the directorate. ,
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Hokitika Guardian, 11 December 1931, Page 2
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109KAURI TIMBER COY Hokitika Guardian, 11 December 1931, Page 2
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