CARDIFF COAL COMPANY.
8 The Westport-Cardiff Coal Company, in ■** issuing its third annual statement, shows a -*• profit of £2007 3* 2d'for the year, which 5 " with £352 19s 8d from last year gives '" £2360 2a lOd. The Directors recommend c £2000 to be appropriated to meet expendin ture incurred for permanent works, plant '" and development of the mine to deal with 8 increasing output, and the balance to be c carried forward for next year, which would 8 render it unnecessary to make calls for the '* aforesaid purposes. The retiring Directors v are Messrs John Connal and Thoa. Bdillie. ° The balance-sheet ahow3 aaaeta £27,328 8s **■* Bd, mainly in coal lease, works, plant, timber 8 and rights at Seddonville. The capital 8 called, sundry creditors and bills payable . c amount to £24,953 5s lOd. The manage- £ ment cost £776 lis 10_, income tax, in- ** terest and allowances, £308 19310 d ; con- ~ tribution to miners' relief fund, _77 2* Id •; 1 bad and doubtful debts, £15. The balance > of coal account, 1894, was £352 19. 9<J, c and for 1895 £3182 3* 9d.
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Bibliographic details
Press, Volume LIII, Issue 9330, 3 February 1896, Page 6
Word Count
181
CARDIFF COAL COMPANY.
Press, Volume LIII, Issue 9330, 3 February 1896, Page 6
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