KAIAPOI WOOLLEN CO.
PROFIT OF £8782 SHOWN. PREFERENCE DIVIDEND PAID. (By Telegraph.—-Press Association.) CHRISTCHURCH, Friday. Tho annual report of the Kaiapoi Woollen Company, Ltd., discloses a profit of £8782. With £29 brought in there is £8811 available. From this £2000 has been transferred to cover depreciation of stocks, which have been conservatively valued at £210,724. The directors recommend that the balance should be dealt with as follows: —Payment of preference dividend, absorbing £3715; transfer to accident insurance reserve, £2000; transfer to bad debts reserve, £1000; the balance, £96, to be carried forward.
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https://paperspast.natlib.govt.nz/newspapers/AS19330902.2.4.2
Bibliographic details
Auckland Star, 2 September 1933, Page 4
Word Count
92KAIAPOI WOOLLEN CO. Auckland Star, 2 September 1933, Page 4
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