STATE TRAWLERS.

Auckland Star, Volume LII, Issue 206, 30 August 1921, Page 6

STATE TRAWLERS.

YSAB'S OPERATIONS. ' U <:- COXVKRTKD TO VROFIT. \ r j ■a SYDNEY. August -25. :ii T'u , j-'iiitr Irawlrng industry'; now j^ , renrral manager (Mr. A. P. Sinnn:«>rrrvniei states t!;at t'>p lm'nivp sWt|r cm- ilie year ending .'line 3d. l<l2l. i*| 1 tow ready. :>. ftnr having I>?pii diilvt 3 indited. The ro-uli nf (lie twelve, months •ndiiij! .Tiint* 30. 1021. reveals ;i profit of 11 fo:i 17 In. !.,, it !- :inn,ifc«earv tn r-n'.rr far into xho c ii t.iry nf Uip trawling industry einrpj i=- iiif(<pti,vi. boynnd »n.M"n« tliat thi'j, rrncral |nihlic Innl n-a~p;l to regard !t~! t ' >;><>ntii->ns from h rommprcialj i tandpoint. !'' At .lime r.O. ino n 1!l( . , im , nn ,i atpd ! tj i)£.-e-i nf the imliistry, after five year«( ip:T:Uio!i-. aiiimintcil in the huge sum if £106,44!) Id's, and for the one vonr I r ■tiding .linn. 30, 1020. tli? loss "wa. j ' :iiii.-ITU 5/S. i a Tap small prfrflt of €«3 17/10 for flic ! car just poiicluded under the adminia- b ratirn <if Mr. A. 1 , . Suramergreonp— nay be regarded a very modest our. r lilt Mr. S-jmrnergrecn Inakrrs an apolojj;' t nr its smallnees. Hi' points out. that th'p ]: lrevious ycarV Ins* wus .t:(iß.47ii ,>/s, Ii md if that *urn bo added to the above! a OX 17/10. it would make an amount of £fiß..->4<l :f li a.* the difference in the psult of tin- business under his manageuent: in otlu-r word*, he lias eliminated f i low of iJ6.5.47G .5/8 per annum, and } ililistitutcd a pv(jfit of £63 17/10. li Vnother great factor is that bettor 1 service hiu- been given to the publip. ( .arge quantities of fish at different T wriods liave been sold as low as one a >onny per lb, which before was nevpr ( uiown in the history of ths industry. a