EAST AFRICAN COFFEE.
_,East African Coffee Plantations, Ltd., ■Melbourne, received less than average rainfall in both 1933 and 1934, and the production of coffee was smaller in the year ended May 31 last. As a re>JpoA^ro^ts ~are £244° lower at Z.SOIQ, and after meeting the 7 per cent; preference charge of £1050 a year; £2770 remains for ordinary shareholders.5 As. it. is necessary to consolidate finances to meet liabilities both current and deferred, no ordinary dividend is ,• recommended. . Plantations are reported to. be in excellent condition,; and latest reports indicate a crop of between 425 and 450 tons for the 1935-36 season; •
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https://paperspast.natlib.govt.nz/newspapers/EP19351210.2.96.8
Bibliographic details
Evening Post, Volume CXX, Issue 140, 10 December 1935, Page 12
Word Count
102EAST AFRICAN COFFEE. Evening Post, Volume CXX, Issue 140, 10 December 1935, Page 12
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