PUKEMIRO MINES
A DIVIDEND DECLARED. . ■ j; AUCKLAND, .September 16. ..'■After making an allowance of . £l6Bl f V depreciation and £2600 for! 'taxation a net profit 'of £7505 was earned by Pukemiro Collieries,. . Ltd., for .'the b ar ended August 31st, a reduction of "f 6931 in comparison with the previou year. The dividend for the year i--71 per cent., as against 15 per cent 1p. l t year. ' The direct- m’ report states that th for. the year disclosed a considerably reduced profit as comps r- r ' w'th previous records, which, however. W's a result of th n price-cutting campaign, together with the prevailing depression and the six weeks’ strike stopp;tge.
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Hokitika Guardian, 19 September 1932, Page 3
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111PUKEMIRO MINES Hokitika Guardian, 19 September 1932, Page 3
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