COMMERCIAL
AUCKLAND GAS CO. AUCKLAND, July 12. The directors of the Auckland Gas Company have reluctantly decided to defer consideration of the dividend distribution until the end of the year, states a' memorandum issued to shareholders. Up to the present, the company has been unsuccessful m obtaining any relief from the Government, either by way of concession in taxation or authority to raise gas prices; or even adjust prices paid by certain consumers, who to-day are paying less than the present cost of manufacture. “Our negotiations with the Government are still proceeding, and we are hopeful of obtaining some measure of assistance, or authority to allow us to bring prices into line with our increased working costs,” concluded the company.
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Greymouth Evening Star, 12 July 1943, Page 2
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120COMMERCIAL Greymouth Evening Star, 12 July 1943, Page 2
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