MUNICIPAL MARKET MAKES SMALL PROFIT
CHRISTCHURCH INNOVATION Press Association. CHRISTCHURCH, Monday. The municipal market inaugurated by the vote of the Labour majority of the City Council has shown a profit of £SO 19s 3d since it was opened for business on December 19 up to March 31, according to a return submitted to tne council. The rent paid to the electricity department for the section during this period with £146 2s. Previously the section was lying idle. The capital expenditure has been £455 3s 6d. Receipts totalled £2BB 10s, and expenditure £237 10s 9d during the period under review. The balance-sheet makes no allowance for depreciation dn the temporary buildings of the market, and taking the value of the section at £9,000, the rent provided interest on that amount at a rate of £ 5 14s 3d per cent, per annum.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/SUNAK19280403.2.91
Bibliographic details
Ngā taipitopito pukapuka
Sun (Auckland), Volume II, Issue 320, 3 April 1928, Page 11
Word count
Tapeke kupu
140MUNICIPAL MARKET MAKES SMALL PROFIT Sun (Auckland), Volume II, Issue 320, 3 April 1928, Page 11
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Sun (Auckland). 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