KAURI TIMBER COMPANY.
f AN IMPROVED OUTLOOK. 4 United Press Association —By Electric u Telegraph—Copyright. r SYDNEY, December 15. £. • At a meeting of the Kauri Timber Company the chairman stated that the abnormal season in New Zealand had ci interfered with, the company’s opera'Z. tions, and caused a diminution in the re ■ profits, otherwise the sales were prac■T, tically the’same in quantity, and only 6- per cent less in value, as compared ‘V with last year’s, business. The timber trade throughout Australia had been ?. very depressed, but since the company’s year closed a decided improvement had occurred, and the improved outlook, coupled with the fact that there was still £15,000 of undivided profit left, warranted the recommendation of the payment of. the same divi■■h dend as last year.
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https://paperspast.natlib.govt.nz/newspapers/LT19051216.2.39
Bibliographic details
Lyttelton Times, Volume CXIV, Issue 13934, 16 December 1905, Page 6
Word Count
128KAURI TIMBER COMPANY. Lyttelton Times, Volume CXIV, Issue 13934, 16 December 1905, Page 6
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