EMPLOYMENT FUND.
NEST-EGG OF £900,000.
(By Telegrapli. —Special to Standard.) WELLINGTON, Feb. 20.
Tho balance-sheet of the Employment Promotion Fund for the nine months of the financial year ended December 31 shows that the increased receipts from the charge on salaries and wages totalled £267,065, and that the gross income for the period was £1,030,206. The expenditure for tho nine months was just over a million in excess of the corresponding period of 1937, but the greatly improved income left the fund at the end of December in tho buoyant position of having £900,000 invested in securities, which the balances of outstanding imprests amounted to £602,521.
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Bibliographic details
Manawatu Standard, Volume LIX, Issue 70, 20 February 1939, Page 6
Word Count
106EMPLOYMENT FUND. Manawatu Standard, Volume LIX, Issue 70, 20 February 1939, Page 6
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