NEWSPRINT COMPANY.
AN INVESTMENT OF £IOO,OOO. United Preus Assn.—Elec. Tel. Copyright. SYDNEY, July 27. The shareholders in Associated Newspapers. Limited, to-day unanimously approved llie decision of the hoard of directors to invest £IOO,OOO in a company for the production of newsprint from a 350,000-acre forest concession in Tasmania. II was announced that newspaper companies in Australia already have provided £OOO.OOO toward the* working capital of £1.000,000 required for the project, which it is anticipated will supply the needs of the Australian papers for newsprint for 100 years.
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https://paperspast.natlib.govt.nz/newspapers/WT19370728.2.58
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Waikato Times, Volume 121, Issue 20257, 28 July 1937, Page 7
Word count
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87NEWSPRINT COMPANY. Waikato Times, Volume 121, Issue 20257, 28 July 1937, Page 7
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