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MAORILAND STEAMSHIP COMPANY LIMITED

The annual report of the Maoriland Steamship Company, Ltd., for the year ended 31st December, 1912 X states that the profit and lons account, after allow* ing for depreciation, shows a profit of! £2300 6s 2d. The directors recommend, the payment of a dividend at the* rate of 5 per cent, per 'annum, ftttd^th© 1 carrying forward to next year' of the* balance. . The-directors'feportthtfb'with.i increased pay to'cre-ws of steamers and 1 . wharf labourers, holiday payments t<y officers, etc., awd ificrea»9d price oil bunker coal, the*eoßttof running Bteamers ■ keeps increasing .yearly.' The ontlook, according to the drrectors, is reasonably satisfactory 'torlSlS, ftn d they look^bopft. fully forward to a successful yet*. ' >

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19130308.2.102

Bibliographic details

Evening Post, Volume LXXXV, Issue 57, 8 March 1913, Page 9

Word Count
114

MAORILAND STEAMSHIP COMPANY LIMITED Evening Post, Volume LXXXV, Issue 57, 8 March 1913, Page 9

MAORILAND STEAMSHIP COMPANY LIMITED Evening Post, Volume LXXXV, Issue 57, 8 March 1913, Page 9