CHRISTCHURCH GAS COMPANY
(BI TBLEGRAPH.—PRESS ASSOCIATION.)
CHRISTCHURCH, 4th August. The directors of the Cliristchurch Gas Company, in forwarding an interim dividend at the rate of 4 per cent, instead of. the customary 5 per cent., advise shareholders that owing to considerable sums which the company will have to meet, due to the increased taxation, a war bonus to a section of employees, half-pay to those at the front, and large advances in the cost of material and coaj, the directors deemed it prudent, pending consideration of the full accounts at the end of the year, to make a reduction in the interim dividend.
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Bibliographic details
Evening Post, Volume XCII, Issue 32, 7 August 1916, Page 9
Word Count
103CHRISTCHURCH GAS COMPANY Evening Post, Volume XCII, Issue 32, 7 August 1916, Page 9
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