NEW INVESTMENT TRUST
BIG MELBOURNE CONCERN Arrangements have been almost completed for the formation of a new investment trust to be registered in Melbourne. Its nominal capital will be £2.000,000. and the shares will be of face value of 10s each. It is expected that an initial issue of 25°.000 shares will be made early in the new year. It is stated that the operations of the new trust will be directed by a board of five members, and that its activities will be conducted in accordance with the soundest methods evolved in Britain to ensure success. RUAWAI DAIRY COMPANY From Our Own Correspondent DARGAVILLE, Tuesday. The output of butter by the Ruawai Dairy Company is being maintained at a higher level than last season, and there is every indication that a record will be established. To the end of December the output has surpassed that of the corresponding period of the previous year by over 40 tons, and no decline in production is yet apparent. Tn December the output was 124 tons 11 cwt.. compared with 113 tons 3 cwt. in December, 1928, an increase of fiver il tons. The output to the end of Decein!* r was 450 tons 6 cwt.. coml* i d with 406 tons 17 cwt. for the cor1* spending period of the previous season.
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Bibliographic details
Sun (Auckland), Volume III, Issue 865, 8 January 1930, Page 10
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220NEW INVESTMENT TRUST Sun (Auckland), Volume III, Issue 865, 8 January 1930, Page 10
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