Article image
Article image
Article image
Article image

STATE ENTERPRISES

QUEENSLAND VEXTURFS (By Electric Telegraph.—Copyright) (Australian A N.Z. Cable Association! (Received 14th Oct., 30.40 a.m.) BRISBANE, This Day. I lie annual report of the Commissioner of State Enterprises discloses a heavy deficit respecting the operation of State stations. The loss during the past financial year was £152,545. Profit-making State enterprises were—Butchers’ shops £565; produce agency, £1521; railway refreshment rooms, 13152,256; hotel's £3939; fish supply £473; cannery £287. The report states that- the heavy deficit incurred by tho State stations, together with the payment of £IO,OOO out of the profits of the. refreshment rooms to the consolidated revenue, is responsible for the conversion of a credit balance of £107,542 on 30th June, 1925, into debit, at 30th June last of £32,959.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19261014.2.55

Bibliographic details

Nelson Evening Mail, Volume LXI, 14 October 1926, Page 5

Word Count
122

STATE ENTERPRISES Nelson Evening Mail, Volume LXI, 14 October 1926, Page 5

STATE ENTERPRISES Nelson Evening Mail, Volume LXI, 14 October 1926, Page 5