INVESTMENT TRUST'S LOSSES.
The experience of the Australian General Investment Trust, Ltd., according to a. statement made by the directors at the annual meeting in Melbourne, was_ that investments of the company shown in the balance-sheet at book value of £43,978 had depreciated by 40 per cent., and were valued!?it market price of £17,679. Of this depreciation 27% peE cent, had oc-curred'in-1930, and the remaining 12% per tent, in- the previous year.
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Evening Post, Volume CXI, Issue 76, 31 March 1931, Page 12
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72INVESTMENT TRUST'S LOSSES. Evening Post, Volume CXI, Issue 76, 31 March 1931, Page 12
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