ZINC CORPORATION.
£28,000 FOR DEVELOPMENT. AuEtra!.an and N.Z. Cable Association. rRcH 9in pml LONDON. June 4. i' • Zinc Corporation will not pay aj profit participating dividend. The profit | lor the year totals £77.377. Owing to a suspension of operations £31,845 of the sum appropriated for development and ~ 10.000 appropriated for new plant out oi the 1913 art-cunts remained unexpended. These, with the profits, make a total availah e <\ £119 350. 'UK, directors approprated 123. XX) for development and new J •■■■M. and 1920 preferential dividends curbed £49.138. '1 he balance of £42,811 j "•as Carried forward.
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Bibliographic details
New Zealand Herald, Volume LVII, Issue 17490, 7 June 1920, Page 5
Word Count
96ZINC CORPORATION. New Zealand Herald, Volume LVII, Issue 17490, 7 June 1920, Page 5
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