COMMERCIAL
(Ter Press Association.) .XI'CKLAND, Septeiiil-er 4. Tl. • fifth annual report of Rmiowti ( '<Jlinri'-s, Ltd., for the year ended July .“-I stalls that, after making the u-ual liberal allowance for the depreciation. the net profit for the year amount to 1’74(55, which, under all the. circumstances, must bo considered li glily satisfactory. Of that sum the directors have trail ferrod £lOOO to reserve for inronip tax'. Th • balance has lioeii use • to reduce the debit in profit ■mJ io-s account to, £3llO. Last year the net profit was £1579. Th- outpi’t und sales for the year jus; ended totalled 7G. 292 tons,, as against 57,000 tons for the previous WELLINGTON, September 5. Sale: British Tobacco 32/1. AUCKLAND, September 5. Sale: Wilson’s Cement 40/-; reported: British Tobacco 32/6, Colonial Sugar £32 5/-, 51 per cent. Government Loan 1.937 £95 10/-. Grey Valley Colliery shares, after having been neglected for a long time on the list of quotations on the Stock Exchange, appeared again today, with .sellers at 24/-.*
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Grey River Argus, 6 September 1930, Page 2
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167COMMERCIAL Grey River Argus, 6 September 1930, Page 2
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