ASSETS REALISATION BOARD.
A SUBSTANTIAL PKOFIT. (Per Press Agsodatioa-) WELLINGTON, July 7. The report and balance-sheet of the Ass*ts Realisation Board for the yiar ended March 31 last show that, tuning into acOojunt. tfae «atujlb»y ; -UiO.ooo received from the Bank o* New Zealand, tpic surplus for the* yuur, ufter providing debenture interest, amounts- to, £21.520, to which* must be addod J2125.533, the bank's surplus of pr,ji!is paid over. Soles A of properties tultho cxtejat of £113,-« 787 wore made during the yenw Tho demand for Inn* during the year was ' steadily incroiwini, while markets for all descriptions oi stock and producewere especially good. A feature of the year's realißatann was the Sehvyn Estate, of 159.32!» acres, 'Which was sold by the liujuidators to the Government at 8s per acre, which is de« dared to bj undoubtedly a good bargain. "Notn-ithstanVJing," says ' Mr Walter G. Foster, the GenerulMunager,, -'that our object.is) loss to) extract the 'lash penny of profit thaa in hold our loud in t»H> host condition for sale, our proflti-havo beeu very substantial."
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Taranaki Daily News, Volume XLVII, Issue 7867, 8 July 1905, Page 2
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174ASSETS REALISATION BOARD. Taranaki Daily News, Volume XLVII, Issue 7867, 8 July 1905, Page 2
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