"SUN" NEWSPAPERS
PA&T- YEAR REVIEWED
(By TeTegrapK—Press Assciciation)
.C^TSICTCTmCH^May. 15.
y?3^~fannTOJ?-"niVelM^i--:b^i^iarehoiderß of '' Sum'■■?„ Newspapers, -litd., was held today,"'Mr. Hi-E. Aeis^d',:eliairman. of directors, presiding. ;.:■„.-' The chairmatt,1;' moving the adoption of4the .report' and balance-sheet, said that while 'the.tradingpaecount*had improved by £.1231 as compared with the previous ,year r ,,"• ad-vertising ■■■ revenue, owingr to the nrifaypiiraßle . v business condition? prevailing,; had: not recovered jwithj-the result that earnings were jjustr.abont sn'fficient to maintain^ the'paper at its accustomed standingVMeayiiigl\,little or no surplus for distribution. Tlie-\6.u±l6ok for the' future was BopefuLJv There were indications ofisteaay."e^ansibii:; &', the volume of "a dvbrtising. 'The 'cdmpany's assets were entirely -unencumbered and the' plant'and machinery wero in good order. "' ;- . ; .
Messrs. Jl J. DoiigalP ana David Jones werev ■ elected' • directors, ■ and Messrs. Best:and. Wilkihson auditors."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19340516.2.31
Bibliographic details
Evening Post, Volume CXVII, Issue 114, 16 May 1934, Page 6
Word Count
122"SUN" NEWSPAPERS Evening Post, Volume CXVII, Issue 114, 16 May 1934, Page 6
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