LOSS ON YEAR'S WORKING.
CHRISTCHURCH AERO CLUB. (By Telegraph.—Own Correspondent.) CHRISTCHURCH, Monday. A loss of £085 on the year's working is shown by the balance-sheet of the Canterbury Aero Club. Expenditure was reduced by £300. The general reserve had to be drawn on to the extent of £209. The deficit ie attributed to a falling off in subscriptions and instruction foes and to a reduction of £200 in Government subsidies.
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Auckland Star, Volume LXIII, Issue 133, 7 June 1932, Page 5
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70LOSS ON YEAR'S WORKING. Auckland Star, Volume LXIII, Issue 133, 7 June 1932, Page 5
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