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COTTON MILL

Cost £655,546 So Far

(Parliamentary Reporter) WELLINGTON, July 9 Net expenditure in the year ended March 31 on the Nelson cotton mill was £207.590 said the Controller and Audi-tor-General (Mr A. D. Bums) in his annual report to Parliament today. Actual expenditure was £310.606, reduced by £103,016 from the sale of machinery and by other miscellanebus receipts. Net expenditure over the last two years was £665,546. Certain minor compensation claims still under discussion, and legal and professional fees incurred remained to be settled after the end of last financial year. These will be offset by the proceeds from the disposal of the mill buildings and the sale of plant

A certain personal virtue is essential to freedom.— Emerson.

Apology is only egotism wrong side out.—Oliver Wendell Holmes.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19630710.2.150

Bibliographic details

Press, Volume CII, Issue 30179, 10 July 1963, Page 16

Word Count
129

COTTON MILL Press, Volume CII, Issue 30179, 10 July 1963, Page 16

COTTON MILL Press, Volume CII, Issue 30179, 10 July 1963, Page 16

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