Owing to a misplacing of headings in the Lyttelton Times of August 8 a summary of the balancc-jsheet of Goldsborough, Mort and Co. Ltd., was placed under the heading of “Gisborne Gas.” The error, to which attention has just been drawn, has had some unusual consequences. A Parliamentary candidate in Gisborne quoted the figures from the Lyttelton Times to show the huge profits the local gas company was making. Goldsborough, Mort and Co. had a net profit for the year Qf £174’437, and it can be understood that, to ascribe •such a profit to the Gisborne Gas Company, whose paid-up capital is only £53,542. made it appear that the Gisborne concern is doing some tall profiteering. The actual profit made by the Gisborne Gas Company for its last financial year was £4036 3s sd.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HPGAZ19220925.2.8
Bibliographic details
Ngā taipitopito pukapuka
Hauraki Plains Gazette, Volume XXXIII, Issue 4471, 25 September 1922, Page 2
Word count
Tapeke kupu
134Untitled Hauraki Plains Gazette, Volume XXXIII, Issue 4471, 25 September 1922, Page 2
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Hauraki Plains Gazette. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in