WAIKATO COAL TRADE
Improved Results Shown
Dominion Special Service. Auckland, August 28. With the exception of Glen Afton Collieries, Limited, which is a subsidiary of the New Zealand Co-operative Dairy Company, Limited, Renown Collieries, Limited, is the first to reflect in its accounts the improved trading conditions resulting from the agreement reached between the Waikato collieries early this year. Prior to the agreement, conditions iu the Waikato coal trade were most unfavourable,*and of the five companies engaged last year, three showed substantial losses, one a small profit without providing for depreciation and the other passed into the hands of the debenture holders. The improved position of the coal Industry has been showu ou the Stock Exchange; values having risen considerably since the beginning of the year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19350829.2.125.8
Bibliographic details
Dominion, Volume 28, Issue 285, 29 August 1935, Page 12
Word Count
126WAIKATO COAL TRADE Dominion, Volume 28, Issue 285, 29 August 1935, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Dominion. 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.