COMMERCIAL
The eighth amnia.! report of tho Now Zealand 'jMaUy* E-iibbcr -Company states that the debit balance of profit and loss in now £230, a-ft or writing off £l5O for prolimnavy expenses and providing lor accumulated inteiost.cn proiaronce slmcs, now amounting lo £2.2u3. .During law Year tho rubber trad© was sorioiisly_ afi'ected by the war, and Prices fell sr> low that the proceeds of sales were insufficient to nibiit the expenditure on the estate. The crop yield for tho year, which exceeded tho estimate by 4.8711b, was 84,8711b. and realised tho sum of £5,671. The estimated crop for tbs current year k 105.9001b, and it is trusted, with improved ■prices and. more sottk-l conditions, that the next annual report will be of a more hopeful nature. I'ue directors, who have full confide nee in- the company, propose to have the question of raising _ sufficient money for future re'ydr'jments discu-icd at the annual mooting . ~
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https://paperspast.natlib.govt.nz/newspapers/ESD19181204.2.35
Bibliographic details
Evening Star, Issue 16908, 4 December 1918, Page 4
Word Count
153COMMERCIAL Evening Star, Issue 16908, 4 December 1918, Page 4
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