MINING
Clntha River.—Net profit of £10.447 is announced and a final dividend of 2 per cent making 6 per cent, for the year, is recommended. Preliminary expenses were reduced by £2OOO and freehold land, licences, and prospecting costs by £lOOO The chairman reports that if the alteration in exchange and th.e removal of the export duty had applied last year, the profit would have been reduced by about
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19480923.2.105
Bibliographic details
Press, Volume LXXXIV, Issue 25607, 23 September 1948, Page 6
Word Count
68MINING Press, Volume LXXXIV, Issue 25607, 23 September 1948, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.