KAURI TIMBER COMPANY.
A SATISFACTORY KKI'ORT. By l>4?grra|th.— (■>.- AiiOcinMon.-•Copvtifhfc Received December 6, 1.25 a.m.) M'KHtot knk, December 5. A mkkti-xi; of the Kauri Timber Company was held to-day. The report showed * marked improvement in profits fur the year, which amounted to £36,395. This amount, with the undivided profits, brought, forward, makes £55.689 available for distribution. A, dividend of four per centum was declared.' absorbing £25.400, and £8289 was carried forward. During the year the debenture* had been reduced by £36.000. leaving them at £126.000. The saving ill the way of re pairs and interest charges totalled £5000. The profe]>ecls for the current- year, it wa." stated, were very promising. When the strike in the building trade was t>ettle<l the shareholders could look forward to having a very good time.
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Bibliographic details
New Zealand Herald, Volume XLIII, Issue 13353, 6 December 1906, Page 5
Word Count
129KAURI TIMBER COMPANY. New Zealand Herald, Volume XLIII, Issue 13353, 6 December 1906, Page 5
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